Nanya Technology Corporation · TWSE:2408
Nanya Technology — Q4 2025 Earnings Presentation
21 slides from Nanya Technology's earnings presentation, Jan 19, 2026
Slide 1: Nanya Technology Q4 2025 Investor Conference
Nanya Technology Q4 2025 Investor Conference Dr. Pei-Ing Lee, President & Spokesman January 19, 2026 Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 1
Slide 2: Safe Harbor
Safe Harbor The information herein and the presentation made during the conference contain forward-looking statements. Neither Nanya Technology Corp. nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements or undertakes duty to update the state
Slide 3: Contents
01. Q4’25 Revenue & Results 02. Y2025 Revenue & Results Contents 03. CAPEX & Bit Shipment 04. Market Outlook 05. Business Review & Outlook Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 3
Slide 4: Q4'25 Revenue & Results
01. Q4’25 Revenue & Results Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 4
Slide 5: Q4'25 Financial Results Summary
Q4’25 Financial Results Summary Q4’25 Q3’25 QoQ Q4’24 YoY Amount in Million NT$, except for EPS & BVPS (Unaudited) Net Sales 30,094 18,779 60.3% 6,575 357.7% Gross Profit (Loss) Gross Margin (%) 14,759 49.0% 3,465 18.5% 326.0% -695 -10.6% 2225.0% Operating Income (Loss) Operating Margin (%) 11,781 3
Slide 6: Quarterly Revenue Results
Quarterly Revenue Results QoQ YoY Q4’25 vs. Q3’25 Q4’25 vs. Q4’24 Revenue 60.3% 357.7% ASP Increased thirties% Increased eighties% Shipment Increased low-teens% Increased 1.5 times Exchange Rate Favorable mid-single digit% Unfavorable mid-single digit% Jan 19, 2026 ︱© 2026 Nanya Technology Corporati
Slide 7: Q4'25 vs. Q3'25 Results Comparison
Q4’25 vs. Q3’25 Results Comparison Q4’25 Q3’25 QoQ Remarks Amount in Million NT$ (Unaudited) (PPT Delta) ◼ ASP increased thirties% Net Sales 30,094 18,779 60.3% ◼ Bit shipment increased low-teens% ◼ FX favorable mid-single digit% Gross Profit (Loss) ◼ Gross profit increased NT$11.3B, mainly 14,759 4
Slide 8: Operating Expenses
Operating Expenses SG&A Expenses (*Unaudited) R&D Expenses (*Unaudited) Amount in Million NT$ Amount in Million NT$ Total: 7,685 Total: 7,037* 1,489 Q4 2,123* Total: 2,704* 2,138 Q3 Total: 2,449 855* 1,672 628 Q4 1,998 Q2 631 Q3 674 1,711 608 Q2 625 2,059 Q1 1,531 583 Q1 549 2024 2025 2024 2025 Jan
Slide 9: Cash Flows
Cash Flows 2025 Q4 Cash Flow Amount in Million NT$ Q4’25 Q3’25 Amount in Million NT$ (Unaudited) 15,169 -2,240 -7,504 Beginning Balance 52,313 52,572 Cash from Capital Operating Expenditures Financial Activities Cash from Operating Activities & Activities 15,169 5,762 Others Capital Expenditures -2,
Slide 10: 2025 Revenue & Results
02. 2025 Revenue & Results Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 10
Slide 11: Y2025 Financial Results Summary
Y2025 Financial Results Summary 2025 2024 YoY Amount in Million NT$, except for EPS & BVPS (Unaudited) Net Sales 66,587 34,132 95.1% Gross Profit (Loss) Gross Margin (%) 14,984 22.5% -421 -1.2% 3662.8% Operating Income (Loss) Operating Margin (%) 5,243 7.9% -10,555 -30.9% 149.7% Non-operating Income
Slide 12: Y2025 vs. Y2024 Results Comparison
Y2025 vs. Y2024 Results Comparison 2025 2024 YoY Remarks Amount in Million NT$ (Unaudited) (PPT Delta) ◼ ASP increased thirties% Net Sales 66,587 34,132 95.1% ◼ Bit shipment increased fifties% ◼ FX unfavorable mid-single digit% Gross Profit (Loss) ◼ Gross profit increased NT$15.4B, mainly 14,984 22.
Slide 13: Y2025 Sales & EPS
Y2025 Sales & EPS Net Sales (Amount in Million NT$) Earnings per Share (NT$) 30,094* 3.58* 18,779 10,526 0.50 7,188 -0.63 -1.32 1Q25 2Q25 3Q25 4Q25 1Q25 2Q25 3Q25 4Q25 ** 4Q25 Net sales and EPS are unaudited Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 13
Slide 14: CAPEX & Bit Shipment
03. CAPEX & Bit Shipment Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 14
Slide 15: CAPEX & Bit Shipment
CAPEX & Bit Shipment Amount in Billion NT$ 50 Up fifties% UP 13.2 16.1 13.4 Down teens % mid-single% Flat 2023 2024 2025 2026E 2023 2024 2025 2026E CAPEX Bit Shipment (YoY) Capital ⚫ Q4’25 CAPEX was NT$2.2B; Y2025 CAPEX was NT$13.4B Expenditure (CAPEX) ⚫ Y2026 CAPEX up to NT$50B (Note), WFE CAPEX to
Slide 16: Market Outlook
04. Market Outlook Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 16
Slide 17: Y2026 DRAM Market Outlook
Y2026 DRAM Market Outlook ⚫ AI cloud server and general sever continue to drive 2026 DRAM demand Market ⚫ Supply shortage may persist for multiple DRAM products (incl. DDR5, LPDDR5, DDR4, LPDDR4 and DDR3), due to capacity constraint ⚫ High bandwidth and high-density DRAM continue to expand across cl
Slide 18: Business Review & Outlook
05. Business Review & Outlook Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 18
Slide 19: Nanya Business Review & Outlook
Nanya Business Review & Outlook ◼ Q425: gross margin 49%, net margin 36.8% and EPS NT$ 3.58 Y2025: gross margin 22.5%, net margin 9.9% and EPS NT$ 2.13 ◼ 128GB DDR5 RDIMM 5600/6400 functional, and monodie meet 7200 speed ◼ Continue to optimize supply DDR4/LPDDR4 to consumer market ◼ 1C/1D/customer-m
Slide 20: Thanks & Questions
Thanks & Questions Jan 19, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 20
Slide 21: Q4'25 Consolidated Income Statement
Q4’25 Consolidated Income Statement Q4’25 Q3’25 QoQ Q4’24 YoY Amount in Million NT$, except for EPS & BVPS (Unaudited) Net Sales 30,094 18,779 60.3% 6,575 357.7% Cost of Goods Sold 15,334 51.0% 15,314 81.5% 7,270 110.6% Gross Profit (Loss) 14,759 49.0% 3,465 18.5% 326.0% -695 -10.6% 2225.0% SG&A Exp