Ase Technology Holding Co., Ltd. · TWSE:3711
Ase Technology — Q2 2026 Earnings Presentation
15 slides from Ase Technology's earnings presentation, Jul 30, 2026
Slide 1: Second Quarter 2026 Earnings Release
Second Quarter 2026 Earnings Release ASE Technology Holding 30 July, 2026
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation 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” pr
Slide 3: 1H2026 Recap & 2026 Outlook
1H2026 Recap & 2026 Outlook (in US dollar terms) ◼ Consolidated revenues grew 24% YoY in 1H2026, with ATM revenues up 35% YoY. Leading-edge advanced packaging and overall testing outpaced growth. ◼ For ATM business, we expect to maintain the same growth momentum into 2H2026. For full year, LEAP serv
Slide 4: Market Dynamics and Positioning
Market Dynamics and Positioning ◼ Market Outlook ⚫ AI enabled new applications with bigger scale and potentials ⚫ AI demands new hardware in size, complexity, and integration ⚫ Growing needs for industrial, power, connectivity, and storage devices ◼ ASE’s Strategic Priorities ⚫ Hardware infrastructu
Slide 5: Consolidated Statements of Income
Consolidated Statements of Income Quarterly Comparison (Unaudited) (NT$ million) Q2 / 2026 % Q1 / 2026 % Q2 / 2025 % QoQ YoY Net Revenues: ATM 125,069 65.5% 111,623 64.3% 91,648 60.8% 12% 36% EMS 65,411 34.2% 61,361 35.3% 58,374 38.7% 7% 12% Others 584 0.3% 678 0.4% 728 0.5% -14% -20% Total Net Reve
Slide 6: Consolidated Operations
Consolidated Operations (Unaudited) NT$ million 200,000 30% 65,411 150,000 68,555 61,361 68,405 21.0% 20% 58,374 19.5% 20.0% 61,860 100,000 16.8% 17.0% 17.1% 11.1% 9.9% 10.1% 7.8% 125,069 10% 50,000 6.5% 6.8% 108,666 111,623 91,648 99,393 85,606 0 0% Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 ATM Revenue E
Slide 7: ATM Statements of Income
ATM Statements of Income Quarterly Comparison (Unaudited) (NT$ million) Q2 / 2026 % Q1 / 2026 % Q2 / 2025 % QoQ YoY Net Revenues: Packaging 100,324 79.5% 89,673 79.8% 74,440 80.4% 12% 35% Testing 23,665 18.8% 21,041 18.7% 16,612 18.0% 12% 42% Direct Material 2,057 1.6% 1,621 1.4% 1,431 1.5% 27% 44%
Slide 8: ATM Operations
ATM Operations (Unaudited) NT$ million 150,000 50% 126,148 109,707 112,434 100,289 34,491 40% 100,000 92,565 29,198 86,668 28,824 22,697 20,248 19,611 30% 27.3% 50,000 26.3% 26.0% 22.6% 22.6% 21.9% 20% 0 10% Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 Revenue Gross Profit Gross Margin 8
Slide 9: ATM Revenues by Application
ATM Revenues by Application (Unaudited) 100% 30% 30% 30% 30% 30% 29% 80% 60% 22% 24% 25% 25% 27% 30% 40% 48% 46% 45% 45% 43% 20% 41% 0% Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 Communication Computing Automotive, Consumer & Others 9
Slide 10: ATM Revenues by Type
ATM Revenues by Type (Unaudited) 100% 2% 2% 2% 1% 1% 2% 18% 18% 18% 19% 19% 19% Material 80% 6% 5% 6% 7% 7% 6% Testing 60% 28% 28% 26% 24% 24% 24% Others 40% Wirebonding 46% 47% 48% 49% 49% 49% Bump/FC/WLP 20% /SiP 0% Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 10
Slide 11: EMS Operations
EMS Operations Quarterly Comparison (unaudited) (NT$ million) Q2 / 2026 % Q1 / 2026 % Q2 / 2025 % QoQ YoY EMS Net Revenues 65,789 100.0% 61,875 100.0% 58,770 100.0% 6% 12% Gross Profit 5,873 8.9% 5,862 9.5% 5,549 9.4% 0% 6% Operating Income (Loss) 1,569 2.4% 1,867 3.0% 1,513 2.6% -16% 4% 100% 2% 2%
Slide 12: Key Balance Sheet Items & Indices
Key Balance Sheet Items & Indices (Unaudited) (NT$ million) Jun. 30, 2026 Mar. 31, 2026 Cash and cash equivalent $91,292 $87,811 Financial assets - current 16,081 26,141 Financial assets - non current & investments - equity method 67,851 50,602 Property, plant & equipment 517,816 459,502 Total asset
Slide 13: Equipment Capital Expenditures vs. EBITDA
Equipment Capital Expenditures vs. EBITDA (Unaudited) US$ million 2,000 1,695 1,500 1,450 1,242 1,210 1,095 992 1,003 1,000 892 843 879 779 733 500 0 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 Capex EBITDA 13
Slide 14: Thank you
Thank you
Slide 15: Consolidated Statements of Comprehensive Income
Appendix 1 Consolidated Statements of Comprehensive Income (Unaudited) (NT$ thousand) Q1/ 2025 1&2 Q2/ 2025 1&2 Q3/ 2025 1&2 Q4/ 2025 1&2 FY/ 2025 1&2 Q1/ 2026 1&2 Q2/ 2026 1&2 Revenues 148,153,262 150,750,323 168,568,888 177,915,165 645,387,638 173,662,152 191,063,522 COGS 123,260,526 125,062,803 1
ASE Technology Holding — Q2 2026 Earnings Presentation on 6ix