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TSM earnings: EPS beat by 10.5%, revenue missed by 1.2%

Taiwan Semiconductor ADR reported results (Jul 16, 2026). EPS came in at NT$4.22 against a NT$3.82 consensus, beat by 10.5%. Revenue was NT$39.4B versus NT$39.8B expected, missed by 1.2%.

§ From the call / model-read, verbatim-grounded
Sentiment
0.31
Net tone of the full call — above 0 positive, below 0 negative
Q&A Evasiveness
+49.2
Question-dodging vs this company's own baseline — spikes matter, not the level
Guidance Tone
0.45
Tone of the forward-guidance language
Novelty Share
94%
Language not seen in this company's prior calls
Guidance “Compared to the first quarter, our second quarter gross margin increased by 150 basis points sequentially to 67.7%, slightly ahead of our guidance, primarily due to cost improvement efforts and a slightly higher overall capacity utilization rate, partially offset by dilution from our overseas fabs.”
Guidance “We concluded our second quarter with revenue of $40.2 billion at the high end of our guidance in U.S. dollar terms, driven by strong demand for our leading-edge process technologies.”

4 more flagged statements from this call are in the Pro read.

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§ The quarter in numbers
Metric Actual Consensus Surprise
EPS NT$4.22 NT$3.82 beat by 10.5%
Revenue NT$39.4B NT$39.8B missed by 1.2%
§ The trend

Revenue is up 35.1% from the same quarter last year. Gross margin sits at 66.2%, a new high for the period charted.

§ How it stacks up Pro

This section is part of the Pro report for TSM.

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§ Go deeper on TSM
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