GIGABYTE’s Third-Quarter Revenue Jumps 94.4% to NT$154.7 Billion
Key Facts
GIGABYTE reported consolidated revenue of NT$154.7 billion in the third quarter of 2026, up 94.4% year on year, while net profit after tax rose 197.6% to NT$12.8 billion, according to coverage of the company’s results published on November 13. The figures showed quarterly revenue growth outpaced the pace for the first nine months, when the company recorded revenue of NT$404 billion, up 63.2% year on year. Quarterly earnings per share were NT$12.80, up 180.7% from the same period a year earlier. The company said quarterly earnings per share reached a record level. This puts profit growth ahead of revenue growth for the quarter, alongside an improvement in margins.
Gross margin was 14.0% in the third quarter, up 4.09 percentage points year on year, while operating margin reached 8.3%, an increase of 3.98 percentage points. The company attributed the margin improvement to an optimized product mix, higher value-added products and greater economies of scale. It added that close cooperation with suppliers and customers supported these factors. Margins widened in a quarter in which revenue rose 94.4% year on year and net profit after tax reached NT$12.8 billion. The company links the improvement in profitability to its sales mix, efficiencies from increased scale and cooperation across the supply chain.
Servers were a key driver of results in the first nine months, with revenue from the business exceeding NT$310 billion, up more than 100% year on year. AI servers accounted for 78% of the product mix during the period, according to coverage of the company’s results. The figures show the weight of servers in revenue, which reached NT$404 billion in the first nine months, up 63.2% year on year. The company also said in its presentation of first-quarter 2026 results that revenue for the quarter was NT$105 billion, up 60%, and earnings per share reached NT$7.86, up 69%, with both metrics at record levels. The company then attributed first-quarter revenue growth to strong demand for AI servers and said revenue from the business rose 110% year on year.
The company said shortages of key components could disrupt data center operations and that it plans to secure its needs across a broad range of infrastructure components. The plan covers processors, graphics, memory, power, liquid cooling, networking, server racks and software. The list shows the company’s preparations span computing components as well as the supplies and equipment needed to run data centers. This comes as server revenue exceeded NT$310 billion in the first nine months, with annual growth of more than 100%. AI servers also accounted for 78% of the product mix during the same period.
GIGABYTE’s order visibility extends through the end of 2027, the company said, and it expects operating profit to grow faster than revenue that year. The company estimated that capital expenditure by the nine largest cloud service providers would exceed US$1.5 trillion in 2027, up 60% year on year. The available information did not include a verified forecast that GIGABYTE would post record revenue that year. For its own investments, the company plans to raise capital expenditure to NT$4 billion in 2027, compared with an estimate of NT$2.8 billion to NT$3 billion for 2026. The plans combine order visibility through the end of 2027, increased capital expenditure and the company’s expectation that operating profit will improve faster than revenue.