TSMC Form 6-K Summary: Q1 2026 Results
Business Context and Reporting Period
Taiwan Semiconductor Manufacturing Company Limited (TSMC) filed a Form 6-K on May 12, 2026, reporting results for the first quarter ended March 31, 2026. The Board of Directors approved the financial statements and business report during a meeting held on the filing date.
Key Financial Metrics
| Metric | Value (NT$) |
|---|---|
| Net Sales | 1,134,103,440,000 |
| Gross Profit | 751,295,421,000 |
| Income from Operations | 658,966,142,000 |
| Net Income (Attributable to Parent) | 572,479,752,000 |
| Basic EPS | 22.08 |
| Total Assets | 8,660,949,685,000 |
| Total Liabilities | 2,728,560,764,000 |
| Shareholders' Equity | 5,890,960,252,000 |
Dividend: The Board approved a cash dividend of NT$7.0 per share. The ex-dividend date is September 16, 2026, with payment scheduled for October 8, 2026.
Material Changes and Capital Allocation
- Capital Appropriations: The Board approved approximately US$31.28 billion for advanced technology capacity installation and fab construction.
- Subsidiary Investment: Approved a capital injection of up to US$20 billion into TSMC Arizona.
- Operational Scale: As of 2025, TSMC deployed 305 distinct process technologies and manufactured 12,682 products for 534 customers.
Note: The filing text does not provide comparative financial data for the prior year or quarter to calculate specific percentage changes in revenue or profit.
Outlook, Risks, and Management Commentary
Management indicated that capital expenditures are driven by long-term capacity plans based on market demand forecasts and the company's technology development roadmap. The filing does not contain specific forward-looking revenue guidance or detailed risk factors beyond the standard context of capital deployment.
Key Facts for Investor Verification
- Verify the year-over-year revenue and net income growth rates, as the filing only provides absolute Q1 2026 figures.
- Confirm the gross margin percentage (approx. 66.2%) against historical trends and competitor benchmarks.
- Monitor the execution of the US$31.28 billion capital appropriation plan and the US$20 billion injection into TSMC Arizona.
- Check the impact of the NT$7.0 dividend on cash flow and retained earnings.