Nanya Technology Reports Results for the First Quarter 2026

2026/04/13

Nanya Technology Reports Results for the First Quarter 2026

April 13, 2026 - Nanya Technology Corporation ("NTC", TWSE: 2408), today announced its results of operations for the first quarter, ended March 31, 2026. Nanya's quarterly sales revenue was NT$49,087 million, a 63.1 percent increase compared to that in the fourth quarter of 2025. In the first quarter of 2026, average selling prices (ASP) increased by more than seventy percent and bit shipment decreased by mid-single digit percent quarter over quarter.

Gross profit of the quarter was NT$33,316 million; gross margin was 67.9 percent, an 18.9 percentage points improvement from that in the previous quarter. Operating income of the quarter was NT$30,111 million; operating margin was 61.3 percent; a 22.2 percentage points improvement from that in the last quarter. Non-operating income of the quarter was NT$1,607 million. The Company had net income of NT$26,058 million, with net margin of 53.1 percent. Earnings per share (EPS) was NT$8.41 (based on weighted average outstanding shares of 3,099 million). Book value per share was NT$62.25 at the quarter end. All numbers are unaudited.

The board of directors resolved on March 4 to distribute cash dividends of NT$4.65 billion, approximately NT$1.35 per share ^(Note). On April 8, the Company completed a NT$78.72 billion private placement of common shares subscribed by four major customers, representing approximately 10.19% ownership after private placement. All parties are committed to strengthening partnership, including a stable supply of a diverse range of DRAM products.

NTC currently generates approximately 10% of its revenue from DDR5, with the flexibility to scale up production in response to market demand. The company continues to provide DDR4 and LPDDR4 to serve industry-wide supply gap. In addition, customized AI UWIO memory has begun contributing initial revenue. The new fab is also progressing on schedule, with equipment installation planned for the first quarter of 2027. The development of the third and fourth generation 10nm-class processes, along with EUV capabilities, is in line with the original plan. In terms of sustainability, the Company has been recognized for the fourth consecutive year as one of the Top 100 Innovator by Clarivate, underscoring its strong commitment to the advanced technology and intellectual property.

Note: based on the 3.45 billion shares outstanding after the private placement.

Q1 2026 Consolidated Income Statement