TSM

Taiwan Semiconductor Manufacturing Company
D

TSM

Arincen87/100B

Taiwan Semiconductor Manufacturing Company earnings

Taiwan Semiconductor Manufacturing Company reports its Q4 FY2026 results on 21 January 2027, before the market opens. Analysts expect earnings per share of 5.09 USD and revenue of 52.71B USD.

In Q3 FY2026, reported on 15 October 2026, Taiwan Semiconductor Manufacturing Company earned 4.60 USD a share against the 4.45 USD analysts expected (+3.4%), on revenue of 46.06B USD against 45.67B USD (+0.9%).

Last EPS surprise
+3.4%
Last revenue surprise
+0.9%
Move after the last report
-1.8%
Average move after earnings
3.5%

EPS and revenue against estimates

Next earnings · Q4 FY2026
EPS estimate
5.09 USD
Revenue estimate
52.71B USD
Last quarter · Q3 FY2026
EPS4.60Beat +3.4%Revenue46.06BBeat +0.9%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growthNext-day move
Q1 FY20286.08——+22.49%62.29B——+21.50%—
Q4 FY20276.28——+23.38%63.56B——+20.57%—
Q1 FY20274.96——+42.12%51.27B——+42.49%—
Q4 FY20265.09——+64.72%52.71B——+59.07%—
Q3 FY20264.454.60+3.37%+57.53%45.67B46.06B+0.86%+42.34%-1.8%
Q2 FY20263.814.22+10.76%+68.80%39.83B40.20B+0.92%+26.60%-2.3%
Q1 FY20263.313.49+5.44%+63.08%35.35B35.98B+1.78%+39.43%-1.3%
Q4 FY20252.903.09+6.55%+41.10%33.01B33.14B+0.39%+25.64%+4.4%
Q3 FY20252.632.92+11.03%+49.74%32.07B32.36B+0.89%+37.10%-1.5%
Q2 FY20252.382.50+5.04%+70.07%30.21B31.75B+5.10%+53.69%+3.3%
Q1 FY20252.072.14+3.38%+59.70%25.46B25.80B+1.35%+40.83%-0.2%
Q4 FY20242.202.19-0.45%+50.00%26.24B26.38B+0.52%+33.20%+3.9%
Q3 FY20241.791.95+8.94%+54.76%23.31B23.60B+1.26%+39.71%+1.0%
Q2 FY20241.411.47+4.26%+30.09%20.33B20.66B+1.63%+33.55%-1.4%
Q1 FY20241.301.34+3.08%-4.29%18.32B18.32B+0.03%+9.74%-4.9%
Q4 FY20231.381.46+5.80%-19.78%19.68B19.80B+0.64%-3.62%+9.8%
Q3 FY20231.161.26+8.62%-29.61%16.96B16.89B-0.41%-12.12%+2.6%
Q2 FY20231.071.13+5.61%-27.10%15.44B15.47B+0.19%-13.42%+1.6%
Q1 FY20231.211.40+15.70%0.00%16.99B16.70B-1.73%-1.42%+0.2%
Q4 FY20221.801.82+1.11%+58.26%20.57B20.54B-0.14%+29.83%+6.4%
Q3 FY20221.691.79+5.92%+65.74%19.44B19.22B-1.12%+29.94%-1.4%
Q2 FY20221.501.55+3.33%+66.67%17.68B17.87B+1.06%+34.05%+2.8%
Q1 FY20221.311.40+6.87%+45.83%16.73B16.94B+1.21%+32.99%-3.1%
Q4 FY20211.141.15+0.88%+18.56%15.66B15.82B+1.02%+23.05%-0.6%
Q3 FY20211.051.08+2.86%+20.00%15.12B14.79B-2.18%+19.91%+0.4%
Q2 FY20210.890.93+4.49%+19.23%13.44B13.33B-0.81%+26.39%-5.8%
Q1 FY20210.910.96+5.49%+28.00%12.52B12.74B+1.70%+23.78%-2.1%
Q4 FY20200.920.97+5.43%+32.88%12.64B12.86B+1.76%+24.02%+5.9%
Q3 FY20200.920.90-2.17%+45.16%10.60B12.34B+16.38%+30.41%-0.5%
Q2 FY20200.730.78+6.85%+90.24%10.41B10.55B+1.28%+35.67%+0.7%
Q1 FY20200.730.75+2.74%+97.78%10.06B10.29B+2.30%+45.14%+5.5%
Q4 FY20190.720.73+1.39%+484.00%10.60B10.37B-2.16%+10.47%+0.6%
Q3 FY20190.630.62-1.59%+10.71%9.80B9.46B-3.43%+11.09%-0.8%
Q2 FY20190.420.41-2.38%-12.77%7.76B7.77B+0.21%+1.81%-2.0%
Q1 FY20190.080.38+361.20%-35.73%7.63B7.09B-7.12%-16.69%-3.9%
Q4 FY20180.120.13+0.48%-80.47%6.90B9.39B+36.02%+2.05%+1.8%
Q3 FY20180.560.560.00%-1.75%8.42B8.52B+1.10%+2.52%-2.7%
Q2 FY20180.450.47+4.44%+11.90%7.61B7.63B+0.28%+8.66%+3.7%
Q1 FY20180.600.59-1.67%+9.26%8.56B8.51B-0.63%+10.38%-5.7%
Q4 FY20170.630.64+1.59%+4.92%8.90B9.20B+3.33%+13.53%+3.4%
Q3 FY20170.560.57+1.79%-3.39%8.33B8.31B-0.31%+0.21%-1.0%
Q2 FY20170.420.420.00%-2.33%6.88B7.03B+2.18%+2.24%-0.3%
Q1 FY20170.530.54+1.89%+42.11%7.69B7.71B+0.28%+22.43%-1.4%
Q4 FY20160.580.61+5.17%+50.62%7.83B8.10B+3.51%+31.19%+0.6%
Q3 FY20160.570.59+3.51%+37.21%7.92B8.29B+4.63%+28.35%-2.6%
Q2 FY20160.420.43+2.38%-14.00%6.58B6.87B+4.41%+2.95%+0.8%
Q1 FY20160.370.38+2.70%-20.83%6.33B6.30B-0.53%-12.28%-1.3%
Q4 FY20150.400.41+1.25%-8.18%5.61B6.18B+9.98%-14.77%+6.5%
Q3 FY20150.400.43+7.50%-14.00%6.42B6.46B+0.60%-5.84%-1.6%
Q2 FY20150.440.50+13.74%+31.58%5.96B6.68B+11.96%+9.18%-3.6%
Q1 FY20150.480.480.00%+54.84%7.17B7.18B+0.09%+46.72%-1.1%
Q4 FY20140.490.44-9.98%+64.34%6.87B7.24B+5.39%+45.29%+8.7%
Q3 FY20140.490.50+2.04%+47.06%6.76B6.86B+1.46%+23.65%+0.3%
Q2 FY20140.370.38+2.70%+15.15%5.93B6.11B+3.13%+17.35%-6.9%
Q1 FY20140.300.31+3.33%+19.23%4.74B4.89B+3.11%+9.59%+2.8%
Q4 FY20130.270.27-0.59%-4.14%4.48B4.99B+11.22%+14.21%+3.4%
Q3 FY20130.280.34+21.43%+6.25%5.38B5.55B+3.09%+15.04%+0.9%
Q2 FY20130.310.33+6.45%+22.22%5.05B5.21B+3.19%+21.79%-8.9%
Q1 FY20130.210.26+23.81%+18.18%4.28B4.46B+4.23%+24.82%+5.0%
Q4 FY20120.280.280.00%+590.85%4.29B4.37B+1.89%+25.52%+2.6%
Q3 FY20120.310.32+3.23%+60.00%4.68B4.82B+3.14%+38.17%+1.5%
Q2 FY20120.270.270.00%+12.50%4.27B4.28B+0.23%+11.64%-2.1%
Q1 FY20120.190.22+15.79%-8.33%3.03B3.58B+18.07%-0.25%+6.1%
Q4 FY20110.160.04-74.65%-24.50%3.01B3.48B+15.70%-7.64%+2.7%
Q3 FY20110.200.200.00%-28.57%3.54B3.49B-1.51%-2.74%+5.7%
Q2 FY20110.250.24-4.00%0.00%3.49B3.83B+9.80%+17.75%-2.0%
Q1 FY20110.240.240.00%+20.00%3.66B3.59B-2.15%+23.64%+0.7%
Q4 FY20100.240.05-77.61%-71.75%3.59B3.77B+5.05%+31.35%+1.1%
Q3 FY20100.240.28+16.67%+55.56%3.05B3.59B+17.68%+28.55%+1.0%
Q2 FY20100.230.24+4.35%+71.43%3.14B3.25B+3.67%+44.36%-0.8%
Q1 FY20100.190.20+5.26%+2,129.65%2.78B2.90B+4.48%+145.63%-0.9%
Q4 FY20090.190.190.00%+171.43%2.75B2.87B+4.37%+41.34%+0.6%
Q3 FY20090.180.180.00%-5.26%2.76B2.79B+1.13%-3.07%+3.0%
Q2 FY20090.130.14+7.69%-22.22%2.10B2.25B+7.38%-19.74%+6.6%
Q1 FY2009—0.01—-94.72%—1.18B—-58.87%+4.9%
Q4 FY20080.070.070.00%+71.36%—2.03B—-31.66%+4.2%
Q3 FY20080.200.19-5.00%+11.76%2.94B2.88B-2.05%+7.51%+7.8%
Q2 FY20080.180.180.00%+20.00%2.79B2.81B+0.70%+26.63%-3.1%
Q1 FY20080.160.17+6.25%+54.55%2.59B2.87B+10.98%+45.37%-0.7%
Q4 FY20070.150.04-72.73%-74.47%2.59B2.97B+14.77%+757.02%+0.6%
Q3 FY20070.180.17-5.56%-10.53%2.85B2.68B-5.96%+7.19%+0.1%
Q2 FY20070.140.15+7.14%-25.00%2.11B2.22B+4.88%-12.08%-6.2%
Q1 FY20070.110.110.00%-42.11%1.96B1.97B+0.49%-15.73%+0.7%
Q4 FY20060.140.16+14.37%-20.00%323.28M346.37M+7.14%-86.48%-6.3%
Q3 FY20060.190.190.00%+35.71%2.44B2.50B+2.24%+17.40%+0.1%
Q2 FY20060.190.20+5.26%+81.82%2.31B2.52B+9.07%+41.44%-0.8%
Q1 FY20060.170.19+11.76%+90.00%2.08B2.34B+12.64%+37.66%+0.7%
Q4 FY20050.190.20+5.26%+42.86%2.09B2.56B+22.36%+27.43%+6.7%
Q3 FY20050.140.140.00%-12.50%1.95B2.13B+8.97%+2.58%0.0%
Q2 FY20050.110.110.00%-21.43%1.78B1.78B+0.45%-5.40%-3.6%
Q1 FY20050.100.100.00%-9.09%1.69B1.70B+0.45%-5.74%+5.1%
Q4 FY20040.120.14+16.67%+40.00%1.67B2.01B+20.54%+3.11%+1.5%
Q3 FY20040.140.16+14.29%+77.78%1.77B2.07B+17.19%+22.22%-0.9%
Q2 FY20040.120.14+16.67%+133.33%1.55B1.89B+21.44%+33.74%+3.6%
Q1 FY20040.100.11+10.00%+450.00%1.63B1.81B+10.91%+46.11%+2.8%
Q4 FY20030.090.10+11.11%+218.07%1.74B1.95B+12.29%+54.47%-2.1%
Q3 FY20030.080.09+12.50%+172.64%1.49B1.70B+14.08%+32.30%+10.7%
Q2 FY20030.050.06+20.00%+20.00%1.13B1.41B+25.00%+14.86%-2.1%
Q1 FY20030.010.02+100.00%-50.00%1.36B1.24B-9.26%-3.93%+12.0%
Q4 FY20020.020.03+57.20%+4.80%1.71B1.26B-26.06%+4.19%-4.6%
Q3 FY20020.040.03-17.48%+61.50%2.02B1.28B-36.62%+35.86%-7.1%
Q2 FY20020.060.05-16.67%+144.62%1.43B1.23B-14.44%+30.64%-18.6%
Q1 FY20020.040.040.00%—1.29B1.29B-0.18%—-4.0%
Q4 FY20010.030.030.00%-72.35%1.21B1.21B-0.18%-7.27%+0.3%
Q3 FY20010.010.02+104.40%-84.28%946.24M944.51M-0.18%-27.83%+4.9%
Q2 FY2001—0.02—-79.56%—939.60M—-28.12%+5.8%
Q4 FY20000.130.14+7.69%+133.33%—991.09M—+72.49%-0.8%
Q4 FY2000—0.11—+80.83%—1.31B—+127.34%-7.5%
Q3 FY20000.120.13+8.33%+160.00%1.20B1.31B+9.09%+127.88%+22.8%
Q2 FY20000.080.10+25.00%+100.00%982.18M1.31B+33.09%+127.32%+7.8%
Q1 FY20000.070.12+75.14%+206.50%1.12B1.30B+16.45%+126.36%+4.3%
Q4 FY19990.060.060.00%+100.00%575.64M574.59M-0.18%+81.74%-6.9%
Q3 FY19990.050.050.00%+51.47%575.35M574.30M-0.18%+36.04%+2.8%
Q2 FY19990.040.05+25.00%+51.47%574.30M575.04M+0.13%+36.27%+3.6%
Q1 FY19990.020.04+100.00%0.00%634.98M576.20M-9.26%+42.75%+2.8%
Q4 FY19980.020.03+50.00%-25.00%261.30M316.15M+20.99%-9.21%-2.4%
Q3 FY1998—0.03———422.16M——-3.9%
Q2 FY1998—0.03———421.98M——+0.2%
Q1 FY19980.040.040.00%—404.38M403.64M-0.18%—-4.6%
Q4 FY19970.030.04+33.33%—403.64M348.24M-13.73%—+4.0%

The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.

Q4 FY2026

What the market is waiting for

From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.

High importanceWaiting for 21 Jan

Chipmaking profit margin

ExpectedGross margin of 65% to 67%company guidance
The resultComes with the report on 21 Jan

The margin will show how much profit remains after production costs as TSMC expands its newest chip technology.

Beat record

On average, analysts' EPS estimate was 5.7% off the result, either way, and their revenue estimate 1.3%, over the last 12 quarters.

EPS beats
75 / 111
Revenue beats
81 / 109
Average EPS surprise, last 12
+5.6%
Since
March 1998

See also:Forecast,EPS,Income statement

Common questions about Taiwan Semiconductor Manufacturing Company's earnings

Source: Financial Modeling Prep