ASE Technology Holding Co., Ltd. Announces Unaudited Consolidated Financial Reports for the Third Quarter of 2026

Taipei, October 29th / PRNewswire / -- ASE Technology Holding Co., Ltd. ( TWSE : 3711, NYSE : ASX ) (hereinafter referred to as "we", "ASEH" or "the Company") is a major provider of semiconductor assembly and testing services ( ATM ) as well as electronic manufacturing services ( EMS ). The Company announced today that its unaudited net revenue for the third quarter of 2026 was NT$244.161 billion, representing a growth of 44.8% compared to the same period last year and a growth of 27.8% compared to the previous quarter. The net profit attributable to shareholders of the parent company for this quarter was NT$26.996 billion, which is higher than NT$10.870 billion in the third quarter of 2025 and also higher than NT$21.065 billion in the second quarter of 2026. The basic earnings per share for the third quarter were NT$6.13 (or $0.384 per ADS ), compared to NT$2.50 in the third quarter of 2025 and NT$4.80 in the second quarter of 2026. The diluted earnings per share for the third quarter were NT$5.84 (or $0.365 per ADS ), compared to NT$2.41 in the third quarter of 2025 and NT$4.61 in the second quarter of 2026.

Operational Performance

Key Points of Consolidated Results for the Third Quarter of 2026

• By business segment, packaging, testing, EMS, and other business revenues accounted for approximately 50%, 11%, 38%, and 1% of the total net revenue for this quarter, respectively.
• The operating cost for this quarter was NT$190.194 billion, which is higher than the NT$150.917 billion in the second quarter of 2026.
• The cost of raw materials amounted to NT$116.793 billion, accounting for 48% of the total net revenue.
• The labor cost is NT$23.777 billion, accounting for 10% of the total net revenue.
• The total of depreciation, amortization, and leasing expenses amounts to NT$20.664 billion.
• Gross profit margin increased by 1.1 percentage points to 22.1% compared to the second quarter of 2026, from 21.0% in the previous quarter.
• The operating profit margin was 13.6%, higher than 11.1% in the second quarter of 2026.
• Non-operating items:
• Net interest expense amounted to NT$2.611 billion.
• The net income from foreign exchange hedging activities amounted to NT$1.176 billion.
• The net income from equity method investments amounted to NT$190 million.
• Other non-operating net income amounted to NT$813 million, mainly from miscellaneous revenues.

The total non-operating expenses for this quarter amounted to NT$432 million. The pre-tax profit was NT$32.71 billion, an increase from NT$25.696 billion in the second quarter of 2026. The company's income tax expense for this quarter was NT$4.831 billion, which is higher than NT$4.171 billion in the second quarter of 2026.

In the third quarter of 2026, the net profit attributable to shareholders of the parent company was NT$26.996 billion, which is higher than NT$10.870 billion in the third quarter of 2025 and also higher than NT$21.065 billion in the second quarter of 2026.

As of the end of this quarter, the total number of shares in circulation for the company was 44,880,924,930, including treasury shares held by subsidiaries. The basic earnings per share for the third quarter of 2026 were NT$6.13 (or $0.384 per ADS), calculated based on a weighted average of 44,031,145,220 shares in circulation during the third quarter of 2026; the diluted earnings per share were NT$5.84 (or $0.365 per ADS), calculated based on a weighted average of 45,321,436,640 shares in circulation during the same period.

Key Business Highlights of ATM for the Third Quarter of 2026

• The net revenue for this quarter was NT$151.485 billion, representing a year-on-year increase of 51.0% and a month-on-month increase of 20.1%.
• The operating cost for this quarter was NT$105.073 billion, representing a year-on-year increase of 35.4% and a month-on-month increase of 14.6%.
• The cost of raw materials is NT$40.974 billion, accounting for 27% of the total net revenue.
• The labor cost is NT$20.013 billion, accounting for 13% of the total net revenue.
• The total of depreciation, amortization, and leasing expenses amounts to NT$19.131 billion.
• Gross profit margin increased by 3.3 percentage points to 30.6% in the second quarter of 2026, compared to 27.3% in the previous quarter.
• The operating profit margin is 20.0%, which is higher than the 15.7% in the second quarter of 2026.

Key Business Highlights of EMS for the Third Quarter of 2026

• The net revenue for this quarter was NT$93.469 billion, representing a year-on-year increase of 35.4% and a month-on-month increase of 42.1%.
• The operating cost for this quarter was NT$85.676 billion, representing a year-on-year increase of 36.8% and a month-on-month increase of 43.0%.
• The cost of raw materials is NT$76.221 billion, accounting for 82% of the total net revenue.
• The labor cost is NT$3.698 billion, accounting for 4% of the total net revenue.
• The total of depreciation, amortization, and leasing expenses amounts to NT$1.289 billion.
• Gross profit margin decreased by 0.6 percentage points to 8.3% compared to the second quarter of 2026, from 8.9% in the previous quarter.
• The operating profit margin was 3.3%, higher than 2.4% in the second quarter of 2026.

Liquidity and Capital Resources

• In the third quarter of 2026, total equipment capital expenditure amounted to $2.104 billion, of which $991 million was for the packaging business, $1.067 billion for the testing business, $41 million for the EMS business, and $5 million for interconnect materials business and others.
• As of September 30, 2026, the total unused credit line amounted to NT$457.283 billion.
• As of September 30, 2026, the current ratio was 1.16, and the net debt-to-equity ratio was 0.66.
• As of September 30, 2026, the total number of employees in the company was 119,346, which is higher than the 114,558 employees as of June 30, 2026.

Business Review

Customer

ATM caliber

• In the third quarter of 2026, the top five customers accounted for approximately 46% of the company's total net revenue, which is higher than 44% in the second quarter of 2026. One of these customers contributed more than 10% of the company's total net revenue.
• The top ten customers contributed a total of 63% of the company's total net revenue, which is higher than the 60% in the second quarter of 2026.
• Customers of the integrated device manufacturer ( IDM ) account for 46% of the company's total net revenue, which is higher than 41% in the second quarter of 2026.

EMS caliber

• In the third quarter of 2026, the top five customers accounted for approximately 70% of the company's total net revenue, which is higher than the 58% in the second quarter of 2026. Two of these customers each contributed more than 10% to the company's total net revenue on their own.
• The top ten customers contributed a total of 78% of the company's total net revenue, which is higher than the 69% in the second quarter of 2026.

Regarding ASE Technology Holding Co, Ltd.

ASEH is a leading provider in the field of assembly and testing within semiconductor manufacturing services. The company develops and offers turnkey solutions that cover front-end engineering testing, wafer probe testing, and final testing, as well as packaging, materials, and electronic manufacturing services through USI. It provides its services with advanced technology, breakthrough innovations, and cutting-edge R&D projects. ASEH has a extensive global presence in Taiwan, China, South Korea, Japan, Singapore, Malaysia, the Philippines, Vietnam, Mexico, Tunisia, as well as the United States and Europe, and has established a reputation for providing reliable and high-quality products and services.

For more information, please visit the company website: https :// www.aseglobal.com.

Safe Harbor Statement

This press release contains “forward-looking statements” as defined by Section 27A of the Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act of 1934 (as amended). These statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although these forward-looking statements may include projections regarding the company’s future operating results, financial condition, or business prospects, and are based on information available to the company and information from other sources that the company believes to be reliable, investors should not rely excessively on these forward-looking statements, as they are only applicable as of the date of this press release. Words such as “expect”, “believe”, “estimate”, “project”, “intend”, “plan”, and similar expressions are used to identify these forward-looking statements. These forward-looking statements are inherently estimates that reflect the best judgment of the company’s senior management. However, the company’s actual operating results, financial condition, or business prospects may differ significantly from those expressed or implied in these forward-looking statements due to various factors, including but not limited to risks related to the cyclical nature and market conditions of the semiconductor or electronics industry; changes in the regulatory environment, including the company’s compliance with new or stricter environmental regulations and its ability to address environmental responsibilities; demand for the company’s outsourced semiconductor packaging, testing, and electronic manufacturing services and for such outsourced services in general; the highly competitive nature of the semiconductor or manufacturing industries in which the company operates; the company’s ability to introduce new technologies to remain competitive; international business activities; the company’s business strategy; future expansion plans and capital expenditures; tensions between the Republic of China and the People’s Republic of China; general economic and political conditions; recent changes in U.S. trade policy; natural or man-made disasters that could disrupt business operations; fluctuations in foreign exchange rates; and other factors.For discussions regarding these risks and other factors, please refer to the documents submitted from time to time by the company to the U.S. Securities and Exchange Commission, including the 2025 Annual Report Form 20-F submitted on April 1, 2026.

Supplementary financial information

(Unaudited)

Merged Business Operations

ATM Business

EMS Business

Investor Relations Contact Person

Email: [ email protected ]

Phone: +886.2.6636.5678

https :// www.aseglobal.com