AIROHA TECHNOLOGY (6526) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached NT$5,455,465 thousand, up 19.9% sequentially and 4.5% year-over-year.

• Net income for Q1 2026 was NT$748,032 thousand, a 40.0% increase sequentially and 2.4% year-over-year.

• Operating income rose to NT$816 million, up 71.1% sequentially and 10.7% year-over-year.

• Gross margin improved to 53% from 52% year-over-year.

• The company operates as a single segment focused on wireless and broadband communication chips.

Financial highlights

• Gross margin for Q1 2026 was 53%, up 1.0 percentage point year-over-year but down 0.9 points sequentially.

• Operating margin improved to 15%, up 4.4 points sequentially and 0.8 points year-over-year.

• Net profit margin was 13.7%, up 2.0 points sequentially and 0.1 points year-over-year.

• EPS for Q1 2026 was NT$4.47, up NT$1.15 sequentially and NT$0.11 year-over-year.

• Cash and cash equivalents stood at NT$12,433,021 thousand as of March 31, 2026.

Outlook and guidance

• Forward-looking statements highlight risks from market demand, supply chain, competition, regulatory changes, and macroeconomic factors.

• The company continues to focus on R&D and capacity reservation to support future growth.

• Dividend policy remains stable, with a proposed cash dividend of NT$13.5 per share for 2025.