TSMC Form 6-K Summary: April 2026 Revenue Report
Business Context and Reporting Period
Taiwan Semiconductor Manufacturing Company Limited (TSMC) filed this Form 6-K on May 8, 2026, reporting consolidated financial results for the month of April 2026 and the year-to-date period ending April 30, 2026. The filing covers revenue performance, funds lent to subsidiaries, endorsements, and financial derivative transactions.
Key Financial Metrics
- April 2026 Net Revenue: NT$410.73 billion.
- January–April 2026 Net Revenue: NT$1,544.83 billion.
- Liquidity and Debt: The filing does not provide consolidated cash flow, total debt, or liquidity ratios. It discloses specific intercompany lending and guarantee balances.
- Intercompany Lending: Outstanding amounts include NT$7.87 billion to TSMC China and NT$2.85 billion to TSMC Development.
- Guarantees: Total outstanding guarantees provided to subsidiaries (North America, Global, Arizona) sum to approximately NT$3.15 billion.
- Derivatives: Outstanding notional amounts for non-hedge derivatives total approximately NT$190.36 billion, with a cumulative unrealized profit of NT$3.56 billion.
Material Changes vs. Prior Period
- Month-over-Month (April vs. March 2026): Revenue decreased by 1.1% (from NT$415.19 billion to NT$410.73 billion).
- Year-over-Year (April 2026 vs. April 2025): Revenue increased by 17.5% (from NT$349.57 billion to NT$410.73 billion).
- Year-to-Date (Jan–Apr 2026 vs. Jan–Apr 2025): Revenue increased by 29.9% (from NT$1,188.82 billion to NT$1,544.83 billion).
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific risk factors beyond the disclosure of financial derivative positions. The document is a statutory report of current month revenue and specific financial transaction statuses. No unusual items or contingencies were explicitly flagged in the text provided.
Investor Verification Checklist
- Verify the 1.1% month-over-month revenue decline against seasonal trends and prior quarter performance.
- Confirm the 29.9% year-to-date growth rate aligns with full-year 2026 expectations.
- Review the exposure in financial derivatives, specifically the NT$190 billion outstanding notional amount and cumulative unrealized gains.
- Assess the concentration of intercompany guarantees, particularly the NT$345.9 billion limit approved for TSMC Arizona.
- Note that profit margins, operating expenses, and cash flow data are not included in this specific filing.