Wiwynn revenue jumps 62.9% to record NT$434.618 billion
Key Facts
Wiwynn posted record consolidated revenue of NT$434.618 billion in the third quarter of 2026, up 62.9% year over year, according to results approved by its board on November 6. The company said after-tax net profit rose 51.6% to NT$23.364 billion, also setting a quarterly record. The results put revenue and profit at new quarterly highs, with revenue growing faster than net profit. Financial indicators showed a gross margin of 8.9%, an operating margin of 7.5% and an after-tax net margin of 5.4%. The figures come as Wiwynn said demand for data centers remains strong, while warning that limited raw-material supplies could cause monthly revenue volatility.
Earnings per share reached NT$41.46 in the third quarter, compared with NT$27.80 in the same period of 2025, after the prior figure was retrospectively adjusted following a rights issue. The increase reflects higher per-share profitability alongside net profit growth, while margins offer another view of the period's performance alongside total revenue. Gross margin was 8.9%, operating margin 7.5% and after-tax net margin 5.4%. The reported figures did not provide year-over-year comparisons for these margins, so the available annual comparisons are limited to revenue, net profit and earnings per share growth. For the first nine months of the year, gross margin was 8.6%, operating margin 7.1% and after-tax net margin 5.3%.
In the first nine months of 2026, consolidated revenue rose 50.3% to NT$989.278 billion, while after-tax net profit increased 40.5% to NT$52.448 billion. The company said the period's results were a nine-month record and had already exceeded the figures for the full 2025 fiscal year. Earnings per share were NT$94.04, compared with NT$67.34 in the same period a year earlier, after a retrospective adjustment to the comparison. The figures show revenue and profit growth remained strong through the end of September, with revenue rising faster than net profit. Nine-month margins were 8.6% gross, 7.1% operating and 5.3% after tax, according to company data.
Wiwynn linked its operating outlook to data-center conditions, saying demand in the sector "remains strong," while noting that tight raw-material supplies could lead to short-term volatility in monthly revenue. It also expressed optimism about long-term growth in artificial intelligence and data centers. In an earlier update, the company said in its second-quarter results that some customers' shift to an agency model for memory purchases led it to exclude the associated amounts from revenue and cost of goods sold. It added that higher income from non-recurring engineering work tied to a new product introduction helped lift gross margin to 9.3% that quarter. This context illustrates how changes in purchasing models and income mix affect the presentation of revenue and margins, alongside the current warning about raw-material constraints.
The board approved financing measures including the issuance of up to 18 million ordinary shares through a global depositary receipt offering to strengthen working capital. It also approved capital increases of $250 million in its U.S. subsidiary and $200 million in its Malaysian subsidiary. These decisions come alongside a consolidated capital expenditure budget of $942 million for the second half of 2026, approved by the board in the second quarter and focused mainly on power infrastructure, equipment, land and buildings. The company said the investments are intended to support growth and expand operating capacity globally. While continuing to describe data-center demand as strong, Wiwynn maintained its warning that tight raw-material supplies could lead to monthly revenue volatility.