Largan Precision (3008) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was NT$15,544 million, up 7% year-over-year, with net profit at NT$6,176 million, down 6% from Q1 2025.

• Gross margin decreased to 49% from 55% year-over-year, while operating margin fell to 37% from 42%.

• Earnings per share were NT$46.63 basic and NT$46.11 diluted, compared to NT$48.28 and NT$47.73 in Q1 2025.

Financial highlights

• Operating income was NT$5,812 million, down 5% year-over-year.

• Net cash from operating activities was NT$9,317 million, a slight decrease from NT$9,830 million in Q1 2025.

• Cash and cash equivalents at quarter-end were NT$119,023 million.

• Total assets stood at NT$226,386 million, with equity at NT$186,623 million.

• Dividends of NT$6,801 million were distributed in Q1 2026.

Outlook and guidance

• Management is evaluating the impact of IFRS 18, effective 2028 in Taiwan, on future financial reporting.

• No significant seasonality or cyclicality is expected to affect operations.