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ASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Second Quarter of 2026

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2 months ago

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TAIPEI, July 30, 2026 /PRNewswire/ — ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) (“We”, “ASEH”, or the “Company”), the leading provider of semiconductor assembly and testing services (“ATM”) and the provider of electronic manufacturing services (“EMS”), today reported its unaudited[1] net revenues of NT$191,064 million for 2Q26, up by 26.7% year-over-year and up by 10.0% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$21,068 million, up from NT$7,521 million in 2Q25 and up from NT$14,132 million in 1Q26.  Basic earnings per share for the quarter were NT$4.80 (or US$0.304 per ADS), compared to NT$1.74 for 2Q25 and NT$3.23 for 1Q26.  Diluted earnings per share for the quarter were NT$4.61 (or US$0.292 per ADS), compared to NT$1.70 for 2Q25 and NT$3.08 for 1Q26.

RESULTS OF OPERATIONS

2Q26 Results Highlights – Consolidated

Net revenues from packaging operations, testing operations, EMS operations, and others represented approximately 52%, 13%, 34%, and 1% of the total net revenues for the quarter, respectively.Cost of revenues was NT$150,914 million for the quarter, up from NT$138,844 million in 1Q26.
– Raw material cost totaled NT$86,253 million for the quarter, representing 45% of the total net revenues.
– Labor cost totaled NT$21,920 million for the quarter, representing 11% of the total net revenues.
– Depreciation, amortization and rental expenses totaled NT$18,441 million for the quarter.Gross margin increased by 1 percentage point to 21.0% in 2Q26 from 20.0% in 1Q26.Operating margin was 11.1% in 2Q26, compared to 10.1% in 1Q26.Non-operating items:
– Net interest expense was NT$1,853 million.
– Net gain on foreign exchange hedging activities of NT$3,637 million.
– Net gain on equity-method investments was NT$2,298 million.
– Other net non-operating income was NT$484 million, primarily attributable to miscellaneous income.
Total non-operating income for the quarter was NT$4,566 million.Income before tax was NT$25,700 million in 2Q26, compared to NT$18,161 million in 1Q26. We recorded income tax expenses of NT$4,172 million for the quarter, compared to NT$3,629 million in 1Q26.Net income attributable to shareholders of the parent was NT$21,068 million in 2Q26, compared to NT$7,521 million in 2Q25 and NT$14,132 million in 1Q26.Our total number of shares outstanding at the end of the quarter was 4,470,572,282, including treasury stock owned by our subsidiaries in 2Q26. Our 2Q26 basic earnings per share of NT$4.80 (or US$0.304 per ADS) were based on 4,386,711,875 weighted average number of shares outstanding in 2Q26.  Our 2Q26 diluted earnings per share of NT$4.61 (or US$0.292 per ADS) were based on 4,505,702,583 weighted average number of shares outstanding in 2Q26.

2Q26 Results Highlights – ATM

Net revenues were NT$126,148 million for the quarter, up by 36.3% year-over-year and up by 12.2% sequentially.Cost of revenues was NT$91,657 million for the quarter, up by 26.7% year-over-year and up by 10.1% sequentially.
– Raw material cost totaled NT$34,782 million for the quarter, representing 28% of the total net revenues.
– Labor cost totaled NT$18,255 million for the quarter, representing 14% of the total net revenues.
– Depreciation, amortization and rental expenses totaled NT$16,940 million for the quarter.Gross margin increased by 1.3 percentage points to 27.3% in 2Q26 from 26.0% in 1Q26.Operating margin was 15.7% in 2Q26, compared to 14.1% in 1Q26.

2Q26 Results Highlights – EMS

Net revenues were NT$65,789 million, up by 11.9% year-over-year and up by 6.3% sequentially.Cost of revenues for the quarter was NT$59,916 million, up by 12.6% year-over-year and up by 7.0% sequentially.
– Raw material cost totaled NT$51,810 million for the quarter, representing 79% of the total net revenues.
– Labor cost totaled NT$3,595 million for the quarter, representing 5% of the total net revenues.
– Depreciation, amortization and rental expenses totaled NT$1,259 million for the quarter.Gross margin decreased by 0.6 percentage points to 8.9% in 2Q26 from 9.5% in 1Q26.Operating margin was 2.4% in 2Q26, compared to 3.0% in 1Q26.

LIQUIDITY AND CAPITAL RESOURCES

Equipment capital expenditures in 2Q26 totaled US$1,695 million, of which US$840 million was used in packaging operations, US$804 million in testing operations, US$49 million in EMS operations and US$2 million in interconnect materials operations and others.Total unused credit lines amounted to NT$396,197 million as of June 30, 2026.Current ratio was 1.07 and net debt to equity ratio was 0.47 as of June 30, 2026.Total number of employees was 114,179 as of June 30, 2026, compared to 107,950 as of March 31, 2026.

BUSINESS REVIEW

Customers

ATM BASIS

Our five largest customers together accounted for approximately 44% of our total net revenues in 2Q26, compared to 43% in 1Q26. One customer accounted for more than 10% of our total net revenues in 2Q26.Our top 10 customers contributed 60% of our total net revenues in 2Q26, compared to 58% in 1Q26.Our customers that are integrated device manufacturers or IDMs accounted for 41% of our total net revenues in 2Q26, compared to 38% in 1Q26.

EMS BASIS

Our five largest customers together accounted for approximately 58% of our total net revenues in 2Q26, compared to 64% in 1Q26. One customer accounted for more than 10% of our total net revenues in 2Q26.Our top 10 customers contributed 69% of our total net revenues in 2Q26, compared to 71% in 1Q26.

About ASE Technology Holding Co., Ltd.

ASEH is the leading provider of semiconductor manufacturing services in assembly and test. The Company develops and offers complete turnkey solutions covering front-end engineering test, wafer probing and final test, as well as packaging, materials and electronic manufacturing services through USI with superior technologies, breakthrough innovations, and advanced development programs. With advanced technological capabilities and a global presence spanning Taiwan, China, South Korea, Japan, Singapore, Malaysia, the Philippines, Vietnam, Mexico, and Tunisia as well as the United States and Europe, ASEH has established a reputation for reliable, high quality products and services.

For more information, please visit our website at https://www.aseglobal.com.

Safe Harbor Notice

This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended.  These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995.  Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.  The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release.  These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2025 Annual Report on Form 20-F filed on April 1, 2026.

Supplemental Financial Information
(Unaudited)

Consolidated Operations

2Q26

1Q26

2Q25

EBITDA[2] (NT$ million)

45,779

38,147

27,426

ATM Operations

2Q26

1Q26

2Q25

Net Revenues (NT$ million)

126,148

112,434

92,565

Revenues by Application

Communication

41 %

43 %

46 %

Computing

30 %

27 %

24 %

Automotive, Consumer & Others

29 %

30 %

30 %

Revenues by Type

Bumping, Flip Chip, WLP & SiP

49 %

49 %

47 %

Wirebonding

24 %

24 %

28 %

Others

6 %

7 %

5 %

Testing

19 %

19 %

18 %

Material

2 %

1 %

2 %

Capacity & EBITDA

Equipment CapEx (US$ million)

1,646

963

942

EBITDA[2] (NT$ million)

41,491

34,524

24,295

Number of Wirebonders

24,815

24,926

25,156

Number of Testers

8,348

7,585

6,797

EMS Operations

2Q26

1Q26

2Q25

Net Revenues (NT$ million)

65,789

61,875

58,770

Revenues by Application

Communication

30 %

25 %

33 %

Computing

16 %

15 %

10 %

Consumer

28 %

35 %

32 %

Industrial

16 %

14 %

14 %

Automotive

8 %

9 %

9 %

Others

2 %

2 %

2 %

Capacity

Equipment CapEx (US$ million)

49

40

49

 

 

ASE Technology Holding Co., Ltd.

Summary of Consolidated Statement of Income Data

(In NT$ million, except per share data)

(Unaudited)

For the three months ended

For the six months ended

Jun. 30

2026

Mar. 31

2026

(Retrospectively
Adjusted)

Jun. 30

2025

Jun. 30

2026

(Retrospectively
Adjusted)

Jun. 30

2025

Net revenues

Packaging

99,387

88,981

73,659

188,368

142,070

Testing

23,665

21,041

16,612

44,706

32,616

EMS

65,411

61,361

58,374

126,772

120,234

Others

2,601

2,279

2,105

4,880

3,983

Total net revenues

191,064

173,662

150,750

364,726

298,903

Cost of revenues

(150,914)

(138,844)

(125,063)

(289,758)

(248,323)

Gross profit

40,150

34,818

25,687

74,968

50,580

Operating expenses

Research and development

(10,229)

(9,210)

(8,004)

(19,439)

(15,583)

Selling, general and administrative

(8,787)

(8,115)

(7,490)

(16,902)

(15,133)

Total operating expenses

(19,016)

(17,325)

(15,494)

(36,341)

(30,716)

Operating income

21,134

17,493

10,193

38,627

19,864

Net non-operating income and expenses

Interest expense – net

(1,853)

(1,576)

(1,203)

(3,429)

(2,459)

Foreign exchange gain (loss) – net

738

(2,225)

11,885

(1,487)

10,210

Gain (Loss) on valuation of financial assets and liabilities – net

2,899

3,063

(12,098)

5,962

(9,225)

Gain on equity-method investments – net

2,298

728

223

3,026

263

Others – net

484

678

255

1,162

412

Total non-operating income and expenses

4,566

668

(938)

5,234

(799)

Income before tax

25,700

18,161

9,255

43,861

19,065

Income tax expense

(4,172)

(3,629)

(1,576)

(7,801)

(3,598)

Income from operations and before non-controlling interests

21,528

14,532

7,679

36,060

15,467

Non-controlling interests

(460)

(400)

(158)

(860)

(392)

Net income attributable to shareholders of the parent

21,068

14,132

7,521

35,200

15,075

Per share data:

Earnings per share

– Basic

NT$4.80

NT$3.23

NT$1.74

NT$8.04

NT$3.48

– Diluted

NT$4.61

NT$3.08

NT$1.70

NT$7.64

NT$3.34

Earnings per equivalent ADS

– Basic

US$0.304

US$0.205

US$0.111

US$0.509

US$0.218

– Diluted

US$0.292

US$0.195

US$0.109

US$0.485

US$0.209

Number of weighted average shares used in
   diluted EPS calculation (in thousand shares)

4,505,703

4,485,186

4,395,187

4,498,971

4,406,107

FX (NTD/USD)

31.59

31.53

31.18

31.56

31.99

 

 

ASE Technology Holding Co., Ltd.

Summary of ATM Statement of Income Data

(In NT$ million)

(Unaudited)

For the three months ended

For the six months ended

Jun. 30

2026

Mar. 31

2026

Jun. 30

2025

Jun. 30

2026

Jun. 30

2025

Net revenues:

Packaging

100,324

89,673

74,440

189,997

143,800

Testing

23,665

21,041

16,612

44,706

32,616

Direct material

2,057

1,621

1,431

3,678

2,650

Others

102

99

82

201

167

Total net revenues

126,148

112,434

92,565

238,582

179,233

Cost of revenues

(91,657)

(83,236)

(72,317)

(174,893)

(139,374)

Gross profit

34,491

29,198

20,248

63,689

39,859

Operating expenses:

Research and development

(8,384)

(7,497)

(6,320)

(15,881)

(12,363)

Selling, general and administrative

(6,325)

(5,824)

(5,111)

(12,149)

(10,344)

Total operating expenses

(14,709)

(13,321)

(11,431)

(28,030)

(22,707)

Operating income

19,782

15,877

8,817

35,659

17,152

 

 

ASE Technology Holding Co., Ltd.

Summary of EMS Statement of Income Data

(In NT$ million)

(Unaudited)

For the three months ended

For the six months ended

Jun. 30

2026

Mar. 31

2026

(Retrospectively
Adjusted)

Jun. 30

2025

Jun. 30

2026

(Retrospectively
Adjusted)

Jun. 30

2025

Net revenues

65,789

61,875

58,770

127,664

121,065

Cost of revenues

(59,916)

(56,013)

(53,221)

(115,929)

(109,988)

Gross profit

5,873

5,862

5,549

11,735

11,077

Operating expenses

Research and development

(1,887)

(1,751)

(1,723)

(3,638)

(3,303)

Selling, general and administrative

(2,417)

(2,244)

(2,313)

(4,661)

(4,653)

Total operating expenses

(4,304)

(3,995)

(4,036)

(8,299)

(7,956)

Operating income

1,569

1,867

1,513

3,436

3,121

 

 

ASE Technology Holding Co., Ltd.

Summary of Consolidated Balance Sheet Data

(In NT$ million)

(Unaudited)

As of Jun. 30, 2026

As of Mar. 31, 2026

(Retrospectively Adjusted)

Current assets

Cash and cash equivalents

91,292

87,811

Financial assets – current

16,081

26,141

Trade receivables

143,318

126,007

Inventories

86,268

76,056

Others

23,440

21,696

Total current assets

360,399

337,711

Financial assets – non-current & investments – equity -method

67,851

50,602

Property, plant and equipment

517,816

459,502

Right-of-use assets

13,996

12,265

Intangible assets

66,284

65,247

Others

44,988

32,450

Total assets

1,071,334

957,777

Current liabilities

Short-term borrowings[3]

60,063

49,724

Long-term debts – current portion

11,787

6,091

Trade payables

99,516

86,898

Others

165,433

151,789

Total current liabilities

336,799

294,502

Bonds payable

14,985

1,999

Long-term borrowings[3]

209,603

199,142

Other liabilities

90,750

80,832

Total liabilities

652,137

576,475

Equity attributable to shareholders of the parent

389,205

350,610

Non-controlling interests

29,992

30,692

Total liabilities & shareholders’ equity

1,071,334

957,777

Current ratio

1.07

1.15

Net debt to equity ratio

0.47

0.40

 

 

ASE Technology Holding Co., Ltd.

Summary of Consolidated Statement of Cash Flow Data

(In NT$ million)

(Unaudited)

        For the three months ended

For the six months ended

Jun. 30

2026

Mar. 31

2026

(Retrospectively
Adjusted)

 

Jun. 30

2025

 

Jun. 30

2026

(Retrospectively
Adjusted)

Jun. 30

2025

Cash Flows from Operating Activities

Income before tax

25,700

18,161

9,255

43,861

19,065

Depreciation & amortization

20,000

18,669

16,531

38,669

32,623

Other operating activities items

1,314

(443)

11,059

871

5,130

Net cash generated from operating activities

47,014

36,387

36,845

83,401

56,818

Cash Flows from Investing Activities

Net payments for property, plant

and equipment

(79,849)

(44,092)

(43,104)

(123,941)

(79,453)

Other investment activities items

(3,235)

(1,653)

(469)

(4,888)

(1,681)

Net cash used in investing activities

(83,084)

(45,745)

(43,573)

(128,829)

(81,134)

Cash Flows from Financing Activities

Total net proceeds from borrowings and bonds

39,864

73

22,159

39,937

38,308

Other financing activities items

(710)

765

(662)

55

(400)

Net cash generated from financing activities

39,154

838

21,497

39,992

37,908

Foreign currency exchange effect

397

3,862

(19,084)

4,259

(17,300)

Net increase (decrease) in cash and cash equivalents

3,481

(4,658)

(4,315)

(1,177)

(3,708)

Cash and cash equivalents at the beginning of period

87,811

92,469

77,100

92,469

76,493

Cash and cash equivalents at the end of period

91,292

87,811

72,785

91,292

72,785

 

[1] All financial information presented in this press release is unaudited, consolidated and prepared in accordance with Taiwan-IFRS (International Financial Reporting Standards as endorsed for use in the R.O.C.).  Such financial information is generated internally by us and has not been subjected to the same review and scrutiny, including internal auditing procedures and audit by our independent auditors, to which we subject our year-end audited consolidated financial statements, and may vary materially from the year-end audited consolidated financial information for the same period.  Any evaluation of the financial information presented in this press release should also take into account our published year-end audited consolidated financial statements and the notes to those statements.  In addition, the financial information presented is not necessarily indicative of our results of operations for any future period.

[2] EBITDA stands for net income or loss before interest, taxes, depreciation, amortization, impairment and investment gain or loss as well as other items.

[3] Borrowings include bank loans and bills payable.

Investor Relations Contact

       ir@aseglobal.com
       Tel: +886.2.6636.5678
       https://www.aseglobal.com

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SOURCE ASE Technology Holding Co., Ltd.

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POTSDAM, N.Y., Sept. 22, 2026 /PRNewswire/ — Clarkson University has earned the Carnegie Elective Classification for Sustainability, becoming one of the first institutions nationwide to receive this new recognition for its longstanding commitment to integrating sustainability throughout the University.

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View original content to download multimedia:https://www.prnewswire.com/news-releases/clarkson-university-earns-inaugural-carnegie-elective-classification-for-sustainability-302886583.html

SOURCE Clarkson University

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Denilson Camilo, Senior Director, Partner Enablement, Databricks, said, “Partners play an essential role in helping organizations realize the full value of the Databricks Data + AI Platform. Bitwise’s achievement in earning 130+ Delivery Experts badges demonstrates a strong commitment to technical excellence and customer success. We look forward to continuing our collaboration as enterprises modernize their data foundations and expand their use of AI.”

About Bitwise

Bitwise is an AI-First engineering enterprise that helps organizations turn AI into a sustainable source of competitive advantage. Backed by 30 years of legacy in data modernization, precision engineering, and enterprise-scale delivery, Bitwise delivers a comprehensive set of AI-First capabilities, enabling organizations to move from AI experimentation to scalable, production-grade outcomes.

Headquartered in Chicago with global delivery centers in Pune, India, Bitwise pairs onshore client alignment with offshore delivery efficiency to serve as a strategic growth partner to leading global organizations.

To learn more, visit the Bitwise website and follow Bitwise on LinkedIn.

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SOURCE Bitwise Inc

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CMIT Solutions Celebrates 30 Years and Honors Top Franchise Owners at Connect Live! 2026

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39 minutes ago

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September 22, 2026

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Annual managed IT services franchise convention in Indianapolis brought the CMIT community together for business education, peer collaboration, networking and an awards celebration at Union Station

INDIANAPOLIS, Sept. 22, 2026 /PRNewswire/ — CMIT Solutions, a national provider of managed IT services and cybersecurity solutions to small and midsize businesses, celebrated 30 years in business at CMIT Connect Live! 2026. The annual convention brought franchise owners, technicians, service professionals, the corporate team, and technology partners together in Indianapolis for professional development, business collaboration, networking and recognition of outstanding performance across the CMIT Solutions franchise network.

The multi-day event reflected the relationships that support CMIT’s nationwide network. Programming included educational sessions, meetings of CMIT’s high-performing Mastermind Groups, informative breakout sessions, the Partners and Solutions Pavilion, networking events, a Women’s Happy Hour and a Million Dollar Dinner celebrating franchise owners whose businesses have reached at least $1 million in annual revenue.

CMIT also welcomed and toasted franchise owners who joined the organization after October 2025 during a Welcome Party at the NCAA Hall of Champions.

Key technology sponsors supporting CMIT Connect Live! 2026 included Kaseya, ConnectWise, Pax8, ThreatCaptain, and Cytracom.

CMIT Solutions also welcomed the Global Technology Industry Association (GTIA), which had an onsite presence and conducted video interviews highlighting members of the CMIT community and broader technology industry.

Franchise of the Year Caps 2026 Awards Celebration

The CMIT Connect Live! Awards Banquet was held at Indianapolis Union Station, where the historic architecture and elegant setting provided the backdrop for CMIT’s 30-year celebration. The evening combined franchise and support team recognition with live music and a performance by the event band.

The evening’s highest honor, the Franchise of the Year Award, was presented to Dayal Bhagat of CMIT Solutions serving the Roanoke, Virginia and North Charlotte and Statesville, North Carolina regions. The award recognizes sustained business growth, service delivery, participation in the CMIT system, alignment with the organization’s core values and contributions to the broader franchise community.

Franchise of the Year nominees: Dayal Bhagat; Matt McCracken; Mike Minkler; Tom Shirey; Cheryl Nelan and Evan Stein; and Marty and Leslie Wood.

Other CMIT Solutions Award Winners and Nominees

Award

Winner(s)

Nominees

Marketing Excellence

Elizabeth and John Boyette

Elizabeth and John Boyette; Adam Lopez; Yusuf Ujjainwala; and Andrew Vaughan

Sales Excellence

Leslie Chiorazzi

Leslie Chiorazzi; Larry Kerrigan; Mike Minkler; Cheryl Nelan and Evan Stein; Chris Parmigiani; Tom Shirey; and Jeff Steele

Mastermind Group of the Year

The Afterburners

Afterburners; Alliance; Disruptors; Forerunners; Pacesetters; and Gamechangers

FAC Member of the Year

Arvind Hariharan

John Boyette, Southeast; Leslie Chiorazzi, Northeast; Arvind Hariharan, Pacific; Matt McCracken, Central; and Zen Piotrowski, Midwest

Technician of the Year

Phil Ellis

Phil Ellis; Andrew Golden; Bob Hanson; Austin Kupper; Don Kupper; and Mark Stephens

Service Delivery Manager of the Year

Jenn Fortunato

Josh Carroll; Jenn Fortunato; Bea Stockler; and Anna Zwicky-Kasemodel

Rookie of the Year

Adam Lopez and Mike McCain

Mitul Chothani; Elina and Scott Greenstein; Adam Lopez; Mike McCain; Laurel Mueller; and Damian Sanderson

President’s Award

Cheryl Nelan and Evan Stein

No nominee slate was announced

Partner Awards Presented at CMIT Connect Live

CMIT Solutions technology partners Kaseya, Pax8 and ConnectWise presented additional awards during the banquet.

Kaseya Partner of the Year: Matt McCracken 

Kaseya Breakout Franchise of the Year: Elina and Scott Greenstein

Pax8 Partner of the Year: Milton Perez, Greg Humble, and Mark Boedecker

ConnectWise Franchise of the Year: Scott Graflund (Pam Elliott accepted the award on Scott’s behalf) 

ConnectWise Rising Star Award: Adam Lopez

A 30-Year Milestone Built on Community

A video featuring CMIT Solutions founder Georgia Jones was played during the celebration. In the video, Jones shared touching reflections on CMIT’s 30 years in business and the people and relationships that have helped shape the organization throughout its history.

“Celebrating 30 years is a tremendous milestone for CMIT Solutions, but what I’m most proud of is the community we’ve built and the franchise owners who continue to move this organization forward,” said Roger Lewis, CEO of CMIT Solutions. “Connect Live gave us the opportunity to celebrate where we’ve been, recognize the people driving our success today, and look ahead to the next chapter of growth and innovation.”

About CMIT Solutions

CMIT Solutions provides managed IT services and cybersecurity solutions to small and midsize businesses through a network of locally owned offices backed by national resources. CMIT helps organizations manage technology, strengthen security, support employees, protect data and plan for growth through trusted local relationships and a broad network of technology expertise.

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SOURCE CMIT Solutions

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