Micro-Star International Company (2377) Q4 2025 earnings summary

Executive summary

• Consolidated financial statements for the years ended December 31, 2025 and 2024 were audited and present fairly in all material respects, in accordance with IFRS and local regulations.

• The group operates primarily in the manufacture and sale of motherboards, computer hardware, and related products, with a global presence and subsidiaries audited both internally and by other auditors.

Financial highlights

• Sales revenue for 2025 was NT$230,196,431 thousand, up 16% year-over-year from NT$197,871,915 thousand in 2024.

• Net income for 2025 was NT$5,747,814 thousand, down from NT$6,792,772 thousand in 2024.

• Basic EPS for 2025 was NT$6.80, compared to NT$8.04 in 2024.

• Cash and cash equivalents increased to NT$31,086,286 thousand at year-end 2025 from NT$23,043,395 thousand in 2024.

• Total assets grew to NT$120,954,606 thousand at December 31, 2025, up from NT$96,620,482 thousand a year earlier.

Outlook and guidance

• The board resolved a 2025 cash dividend of NT$4.20 per share, subject to shareholder approval.

• The group continues to monitor the impact of new IFRS standards, with no significant impact expected from those effective in 2026.