HTC (2498) Q3 2025 earnings summary

Executive summary

• Quarterly revenue reached NT$0.72 billion with a gross margin of 35.2% for 3Q25.

• Net income attributable to owners was NT$3.24 billion for 3Q25, with EPS of NT$3.88.

• Achieved net income of NT$6.58 billion for the nine months ended September 30, 2025, reversing a net loss of NT$2.60 billion in the same period last year.

• Significant one-time gain from a business agreement with Google, including employee transfer and IP licensing, contributed NT$8.05 billion.

• Selected for the FTSE4Good TIP Taiwan ESG Index and FTSE4Good Index Series for four consecutive years, excelling in ESG areas.

Financial highlights

• Revenue for 3Q25 was NT$716 million, down from NT$774 million in 3Q24.

• Gross profit was NT$252 million, with a gross margin of 35.2%.

• Operating loss for the quarter was NT$854 million, compared to NT$1,131 million loss in 3Q24.

• Operating loss for the nine months narrowed to NT$2.83 billion from NT$3.52 billion year-over-year.

• Basic earnings per share (EPS) was NT$7.88 for the nine months, up from a loss per share of NT$3.12 year-over-year.

Outlook and guidance

• Committed to deepening ESG initiatives and targeting net zero by 2050.

• Plans to continue expanding AI wearable ecosystem and immersive XR education platforms.

• Management continues to assess the impact of new and upcoming IFRS standards, with further disclosures to be made upon completion of assessments.