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Realtek Semiconductor (2379) investor relations material
Realtek Semiconductor Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 revenue was NT$26.28B, down 10.9% sequentially and 0.3% year-over-year, in line with expectations due to seasonal slowdown and inventory adjustments.
Q4 net profit was NT$2.65B (10.1% of revenue), a 22.6% decrease from Q3 and 22.0% lower year-over-year; EPS was NT$5.17, down from NT$6.69 in Q3 and NT$6.63 in Q4 2024.
2025 full-year revenue reached NT$122.71B, up 8.2% year-over-year, setting a new record high.
2025 net income after tax was NT$14.75B (12% of revenue), down 3.5% from 2024; EPS was NT$28.77, compared to NT$29.82 in 2024.
Financial highlights
Q4 gross margin was 48.1%, down 1.6pp sequentially and 0.3pp year-over-year, mainly due to product mix and minor inventory write-offs.
2025 gross margin was 50%, slightly down from 50.4% in 2024.
Q4 operating expenses were NT$10.33B (39.2% of revenue), down 10.7% sequentially.
2025 operating income was NT$13.50B (11.7% margin), up 6.4% from 2024.
Q4 non-op income was NT$651M, down 30.1% from Q3, due to lower subsidies and FX losses.
Outlook and guidance
Cautiously optimistic for Q1 2026, supported by customer restocking and pre-stocking amid supply chain uncertainties.
Robust first half 2026 projected, but vigilant on rising inventory costs and end demand.
Gross margin expected to be maintained at current levels, with cost and performance optimization as focus.
OpEx ratio expected to remain stable in 2026.
Full-year 2025 net sales grew 8.2% year-over-year, indicating positive momentum despite margin compression.
- TimeTickerHeadlineOpen
- 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and robust acquisitions. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway. - 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRI
Revenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects. - 6 FebNVDA
AI-driven digital twins and real-time simulation will transform engineering and manufacturing. - 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position. - 6 FebCPT
2025 results beat guidance; Sun Belt focus, asset sales, and share buybacks drive 2026 strategy. - 6 FebCRI
H1 2025 saw a return to profit, record revenues, and strong cash from major space projects.
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