stockrowTaiwan Semiconductor Manufacturing Company Ltd.
Taiwan Semiconductor Manufacturing Company Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $121.4 billion, up 37.6% from fiscal 2024.
- Revenue
- +32.7%
- EPS
- +74.5%
- Free cash flow
- +24.6%
- Total debt
- +2.92%
Quarter to June 2026, against a year earlier
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Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Gross margin
Taiwan Semiconductor Manufacturing Company Ltd.'s gross margin over the twelve months to 30 June 2026 was 64.2%, up 4.3 percentage points from fiscal 2025 (59.9%). Over the past ten years it has ranged from 46.1% (fiscal 2019) to 59.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 52.2% and above the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 59.9% | 3.77 |
| FY2024 | 56.1% | 1.76 |
| FY2023 | 54.4% | (5.20) |
| FY2022 | 59.6% | 7.93 |
| FY2021 | 51.6% | (1.47) |
| FY2020 | 53.1% | 7.05 |
| FY2019 | 46.1% | (2.22) |
| FY2018 | 48.3% | (2.35) |
| FY2017 | 50.6% | 0.53 |
| FY2016 | 50.1% | 1.44 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 67.7% | 1.47 |
| Mar 2026 | 66.3% | 3.86 |
| Dec 2025 | 62.4% | 2.94 |
| Sep 2025 | 59.5% | 0.83 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ARM ARM Holdings PLC Sponsored ADR compare | 97.5% |
| MU Micron Technology, Inc. compare | 80.7% |
| NVDA NVIDIA Corporation compare | 74.7% |
| AVGO Broadcom Inc. compare | 68.8% |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | 64.2% |
| TXN Texas Instruments Incorporated compare | 60.2% |
| AMD Advanced Micro Devices, Inc. compare | 53.7% |
| INTC Intel Corporation compare | 39.9% |
| SKHY SK Hynix, Inc. - Sponsored ADR compare | — |
| Semiconductors industry median | 52.2% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Free cash flow margin
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- Price to free cash flow
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