Nanya Technology Corporation · TWSE:2408
Nanya Technology — Q1 2026 Earnings Presentation
21 slides from Nanya Technology's earnings presentation, Apr 13, 2026
Slide 1: Nanya Technology Q1 2026 Investor Conference
Nanya Technology Q1 2026 Investor Conference Dr. Pei-Ing Lee, President & Spokesman April 13, 2026 April 13, 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. Q1’26 Revenue & Results 02. CAPEX & Bit Shipment Contents 03. Market Outlook 04. Business Review & Outlook April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 3
Slide 4: Q1'26 Revenue & Results
01. Q1’26 Revenue & Results April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 4
Slide 5: Q1'26 Financial Results Summary
Q1’26 Financial Results Summary Q1’26 Q4’25 QoQ Q1’25 YoY Amount in Million NT$, except for EPS & BVPS (Unaudited) Net Sales 49,087 30,094 63.1% 7,188 582.9% Gross Profit (Loss) Gross Margin (%) 33,316 67.9% 14,759 49.0% 125.7% -1,075 -15.0% 3200.1% Operating Income (Loss) Operating Margin (%) 30,11
Slide 6: Quarterly Revenue Results
Quarterly Revenue Results QoQ YoY Q1’26 vs. Q4’25 Q1’26 vs. Q1’25 Revenue 63.1% 582.9% ASP Increased > 70% Increased >200% Shipment Decreased mid-single digit% Increased >100% Exchange Rate Favorable low-single digit% Unfavorable mid-single digit% April 13, 2026 ︱© 2026 Nanya Technology Corporation.
Slide 7: Q1'26 vs. Q4'25 Results Comparison
Q1’26 vs. Q4’25 Results Comparison Q1’26 Q4’25 QoQ Remarks Amount in Million NT$ (Unaudited) (PPT Delta) ◼ ASP increased >70% Net Sales 49,087 30,094 63.1% ◼ Bit shipment decreased mid-single digit% ◼ FX favorable low-single digit% Gross Profit (Loss) ◼ Gross profit increased NT$18.6B, mainly 33,316
Slide 8: Operating Expenses
Operating Expenses SG&A Expenses (*Unaudited) R&D Expenses (*Unaudited) Amount in Million NT$ Amount in Million NT$ Total: 7,041 2,127 Q4 Total: 2,700 1,672 Q3 852 Q4 674 Q3 1,711 Q2 625 Q2 2,109* 1,096* 1,531 Q1 549 Q1 2025 2026 2025 2026 April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rig
Slide 9: Cash Flows
Cash Flows 2026 Q1 Cash Flow Amount in Million NT$ Q1’26 Q4’25 Amount in Million NT$ (Unaudited) 31,287 - 2,809 - 533 Beginning Balance 58,074 52,313 Capital Financial Cash from Expenditures Activities & Operating Cash from Operating Others Activities 31,287 15,505 Activities Capital Expenditures -2
Slide 10: Sustained Profitability Over 13 years
Sustained Profitability Over 13 years ★ Accumulated profit of NT$ 232 billion for over 13 years (as of Q1’26) ★ Expected to self-fund for new fab construction Unit: NT$ billion 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q1’26 40.3 39.4 28.2 23.7 22.8 26.1 17.1 14.6 Net 8.1 9.8
Slide 11: CAPEX & Bit Shipment
02. CAPEX & Bit Shipment April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 11
Slide 12: CAPEX & Bit Shipment
CAPEX & Bit Shipment Amount in Billion NT$ ~ 52.0 Up fifties% 16.1 UP 13.2 13.4 Down teens % mid-single% Flat Q1’26 2.8 2023 2024 2025 2026E 2023 2024 2025 2026E CAPEX Bit Shipment (YoY) Capital ⚫ Q1’26 CAPEX was NT$2.8B Expenditure (CAPEX) ⚫ Y2026 CAPEX up to NT$52B (Note), WFE CAPEX to account ~30
Slide 13: Market Outlook
03. Market Outlook April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 13
Slide 14: DRAM Market Outlook (Q2'26)
DRAM Market Outlook (Q2'26) Market ⚫ AI-driven CSP capex support strong cloud DRAM demand (HBM/ RDIMM/ LPDDR5) ⚫ Constrained DDR5, DDR4, LPDDR4 and DDR3 supply leads to legacy DRAM EOL ⚫ Training and inference may trigger more customized edge AI applications Supply ⚫ In 2026, marginal new capacity i
Slide 15: Business Review & Outlook
04. Business Review & Outlook April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 15
Slide 16: Private Placement Update
Private Placement Update ◼ Four major customers participating NTC’s private placement (MOPS announcement on March 25, 2026) ◼ Total proceeds of NT$ 78.72 billion; 10.19% ownership after private placement (MOPS announcement on April 8, 2026) ◼ Supply agreements include stable supply of multiple produ
Slide 17: Why Private Placement
Why Private Placement ◼ Strengthen NTC and customers partnership ◼ Build up win-win position in AI/CSP supply chain (e-SSD, Networking) ◼ Cash injection to the new fab, enhancing DRAM supply ◼ Position NTC in AI value Chain April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 17
Slide 18: Financial Update & Outlook
Financial Update & Outlook ◼ 2025 profit of NT$ 6.61 billion, EPS NT$ 2.13; BoD approved a dividend distribution of NT$ 4.65 billion; Approx. NT$ 1.35 per share (3.45 billion shares outstanding, post private placement) ◼ Q1’26 profit of NT$ 26.06 billion, EPS NT$ 8.41 ◼ Q1’26 gross margin 67.9%, net
Slide 19: Operation Update & Outlook
Operation Update & Outlook ◼ DDR5 contributes 10% revenue, flexible to increase if needed ◼ DDR4/LPDDR4 serving industry-wide supply gap ◼ Customized AI UWIO memory contributing initial revenue ◼ New fab construction on schedule, target equipment move-in in Q1’27 ◼ 1C/1D/EUV development on schedule
Slide 20: Thanks & Questions
Thanks & Questions April 13, 2026 ︱© 2026 Nanya Technology Corporation. All Rights Reserved. 20
Slide 21: Q1'26 Consolidated Income Statement
Q1’26 Consolidated Income Statement Q1’26 Q4’25 QoQ Q1’25 YoY Amount in Million NT$, except for EPS & BVPS (Unaudited) Net Sales 49,087 30,094 63.1% 7,188 582.9% Cost of Goods Sold 15,771 32.1% 15,334 51.0% 8,263 115.0% Gross Profit (Loss) 33,316 67.9% 14,759 49.0% 125.7% -1,075 -15.0% 3200.1% SG&A