TSMC Form 6-K Summary: May 2026 Revenue Report
Business Context and Reporting Period
Taiwan Semiconductor Manufacturing Company Limited (TSMC) filed this Form 6-K on June 10, 2026, reporting financial results for the month of May 2026 and the first five months of the fiscal year (January through May 2026). The filing covers consolidated revenue, funds lent to subsidiaries, endorsements, guarantees, and financial derivative transactions.
Key Financial Metrics
- May 2026 Net Revenue: NT$416.98 billion.
- January–May 2026 Net Revenue: NT$1,961.80 billion.
- Liquidity and Debt: The filing does not provide consolidated cash flow, total debt, or liquidity ratios. It discloses specific outstanding balances for funds lent to subsidiaries and guarantees provided.
- Funds Lent: Outstanding balance of NT$2.82 billion lent to TSMC Washington (a wholly-owned subsidiary).
- Guarantees: Total outstanding guarantees of approximately NT$3.36 billion provided to TSMC North America, TSMC Global, and TSMC Arizona.
- Derivatives: Outstanding notional amount for non-hedge derivatives is approximately NT$216 billion. Cumulative unrealized profit/loss on outstanding contracts is a net gain of approximately NT$3.71 billion.
Material Changes vs. Prior Period
- Month-over-Month (May 2026 vs. April 2026): Revenue increased by 1.5% (from NT$410.73 billion to NT$416.98 billion).
- Year-over-Year (May 2026 vs. May 2025): Revenue increased by 30.1% (from NT$320.52 billion to NT$416.98 billion).
- Year-to-Date (Jan–May 2026 vs. Jan–May 2025): Revenue increased by 30.0% (from NT$1,509.34 billion to NT$1,961.80 billion).
Guidance, Outlook, and Risks
The filing text does not contain forward-looking guidance, management commentary on future outlook, or specific risk factors beyond the disclosure of financial derivative positions. The document focuses strictly on historical revenue reporting and the status of intercompany financial arrangements.
Investor Verification Checklist
- Verify the 30.1% year-over-year revenue growth rate for May 2026 against analyst consensus.
- Confirm the total outstanding guarantees (NT$3.36 billion) relative to the company's total equity and cash reserves.
- Review the cumulative realized loss of NT$4.30 billion on expired forward margin payment contracts for TSMC.
- Check subsequent filings for full Q2 2026 earnings to assess margin trends and operating expenses, which are not detailed in this monthly report.