ENNOSTAR (3714) Q1 2026 earnings summary

Executive summary

• Net revenue for 1Q26 was NT$5,245 million, up 0.7% sequentially but down 6.9% year-over-year.

• Net loss attributable to parent company narrowed to NT$149 million from NT$782 million in 4Q25 and NT$442 million in 1Q25.

• Gross margin improved to 11.1% from -2.6% in 4Q25, but slightly below 12.2% in 1Q25.

Financial highlights

• Operating expenses decreased 24.3% sequentially and 25.4% year-over-year to NT$892 million.

• Operating margin improved to -5.8% from -25.2% in 4Q25 and -8.5% in 1Q25.

• EBITDA margin rose to 10.4% from -7.2% in 4Q25 and 9.1% in 1Q25.

• Basic EPS was -NT$0.20, a significant improvement from -NT$1.07 in 4Q25 and -NT$0.60 in 1Q25.

Segment performance

• Revenue by application showed stable contributions from TV BLU, NB/MNT/Mobile, and Display segments, with General Application and Automotive maintaining steady shares.