Acer Gadget (2432) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2024 was NT$950,969 thousand, up 26% year-over-year from NT$755,886 thousand (restated).

• Net income for Q1 2024 was NT$16,212 thousand, compared to NT$13,844 thousand in Q1 2023 (restated).

• The company completed a group restructuring in June 2023, acquiring 100% of a subsidiary, which required restatement of prior period financials.

Financial highlights

• Gross margin for Q1 2024 was 11%, slightly up from 12% in Q1 2023 (restated).

• Operating income for Q1 2024 was NT$18,274 thousand, up from NT$17,507 thousand in Q1 2023 (restated).

• Basic and diluted EPS for Q1 2024 were both NT$0.26, compared to NT$0.22 in Q1 2023 (restated).

• Cash and cash equivalents at March 31, 2024, were NT$920,685 thousand, down from NT$1,091,207 thousand a year earlier.

Outlook and guidance

• The company expects continued growth in its core business segments, with a focus on supply chain and product development synergies following the recent acquisition.