Taiwan Semiconductor Manufacturing Co. (TSM)

NYSE: TSM · Semiconductors & Related Devices · Hsinchu, TW · filing with the SEC since 1998

Grade7.1

◀ Past 7.4● Present 7.3▶ Future 6.6

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Income statement, as filed

In thousands of New Taiwan dollars (TWD), as filed; per-share figures in New Taiwan dollars; share counts in millions. The fiscal year ends in December.

The Form 20-F filed Apr 16, 2026 for the period ended Dec 31, 2025 is not in EDGAR's company facts yet; its figures here are that filing's own, read from the SEC's financial statement data sets.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Apr 16, 2026	Apr 17, 2025	Apr 18, 2024	Apr 20, 2023	Apr 14, 2022	Apr 16, 2021	Apr 15, 2020	Apr 17, 2019	Apr 19, 2018	Apr 13, 2017
Revenue	3,809,054,300	2,894,307,700	2,161,735,800	2,263,891,300	1,587,415,000	1,339,254,800	1,069,985,400	1,031,473,600	977,447,200	947,938,300
Cost of revenue	1,527,760,300	1,269,954,100	986,625,200	915,536,500	767,877,700	628,124,700^r	577,283,500^r	533,487,500	482,616,200	473,077,100
Gross profit	2,281,294,000	1,624,353,600	1,175,110,600	1,348,354,800	819,537,300	711,130,100	492,701,900	497,874,300	494,826,400	474,832,100
Research and development	246,427,200	204,181,800	182,370,200	163,262,200	124,734,800	109,486,000	91,418,700	85,895,600	80,732,500	71,207,700
Sales and marketing	16,918,100	13,143,600	10,590,700	9,920,500	7,558,600	7,112,800	6,348,600	5,987,800	5,972,500	5,900,800
General and administrative	82,304,300	83,745,000	60,872,800	53,524,800	36,929,600	28,457,600	21,737,200	20,265,900	21,196,700	19,795,600
Total operating expenses	345,649,600	301,070,400	253,833,700	226,707,500	169,223,000	145,056,400	119,504,500	112,149,300	107,901,700	96,904,100
Operating income	1,936,091,700	1,322,053,000	921,465,600	1,121,278,900	649,980,900	566,783,700	372,701,100	383,623,500	385,559,200	377,957,800
Finance costs	12,370,400	10,495,400	11,999,400	11,750,000	5,414,200	2,081,500	3,250,900	3,051,200	3,330,300	3,306,100
Interest income	105,739,100	87,213,400	60,293,900	22,422,200	5,708,800	9,018,400	16,189,400	14,694,400	9,464,700	6,317,500
Share of profit of equity-method investments	5,488,500	4,880,700	4,800,200	7,679,800	5,512,700	3,562,000	2,861,000	3,090,600	3,014,800	3,457,900
Other gains and losses	-7,717,200	-8,379,400	6,961,600	-1,012,200	-7,388,000	10,106,400	-1,151,000	-3,410,800	2,817,400	195,900
Income before income taxes	2,041,654,700	1,405,840,000	979,316,500	1,144,072,200	663,036,000	584,746,300	389,862,100	397,543,100	396,161,900	385,921,700
Income tax expense	346,529,800	248,316,100	128,288,800	150,777,500	70,155,400	73,738,300	35,835,100	34,436,900	51,122,900	54,124,400
Net income	1,695,124,900	1,157,523,900	851,027,700	993,294,700	592,880,600	511,008,000	354,027,000	363,106,200	345,039,000	331,797,300
Net income to non-controlling interests	-2,479,100	-856,300	-712,300	371,300	521,400	264,000	79,000	53,500	40,700	83,600
Net income to shareholders	1,697,604,000	1,158,380,200	851,740,000	992,923,400	592,359,200	510,744,000	353,948,000	363,052,700	344,998,300	331,713,700
Earnings per share, basic	65.47	44.68	32.85	38.29	22.84	19.70	13.65	14.00	13.30	12.79
Earnings per share, diluted	65.47	44.67	32.85	38.29	22.84	19.70	13.65	14.00	13.30	12.79
Weighted average shares, basic	·	25,927.6	25,929.2	25,929.2	25,930.3	25,930.3	25,930.3	25,930.3	25,930.3	25,930.3
Weighted average shares, diluted	·	25,929.7	25,929.3	25,929.4	25,930.3	25,930.3	·	·	25,930.3	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

ifrs-full:RevenueFromContractsWithCustomers
ifrs-full:Revenue

Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales

Gross profit revenue less the cost of what it soldifrs-full:GrossProfit

Research and development spent on inventing what it sells nextifrs-full:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersifrs-full:SalesAndMarketingExpense

General and administrative the cost of running the company itselfifrs-full:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherifrs-full:OperatingExpenseExcludingCostOfSales

Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities

Finance costs what its borrowing costifrs-full:FinanceCosts

Interest income what its cash and investments earnedifrs-full:RevenueFromInterest

Share of profit of equity-method investments its share of companies it partly owns

ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod
ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod

Other gains and losses gains and costs outside the businessifrs-full:OtherGainsLosses

Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax

Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations

Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersifrs-full:ProfitLossAttributableToNoncontrollingInterests

Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent

Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare

Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare

Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares

Weighted average shares, diluted the average count with every share that could be issuedifrs-full:AdjustedWeightedAverageShares

SI Assistanton TSM · research, not advice