Taiwan Semiconductor Manufacturing Co., Ltd. · TWSE:2330

Taiwan Semiconductor Manufacturing — Q4 2025 Earnings Presentation

13 slides from Taiwan Semiconductor Manufacturing's earnings presentation, Jan 15, 2026

  1. Slide 1: 2025 Fourth Quarter Earnings Conference

    Unleash Innovation Unleash Innovation 2025 Fourth Quarter Earnings Conference January 15, 2026 © 2026 TSMC, Ltd 1 TSMC Property

  2. Slide 2: Agenda

    Agenda Unleash Innovation • Welcome Jeff Su, IR Director • 4Q25 Financial Results and 1Q26 Outlook Wendell Huang, CFO • Key Messages Wendell Huang, CFO C.C. Wei, Chairman & CEO • Q&A © 2026 TSMC, Ltd 2 TSMC Property

  3. Slide 3: Safe Harbor Notice

    Safe Harbor Notice Unleash Innovation • TSMC’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements. • Information as to those factors that

  4. Slide 4: Statements of Comprehensive Income

    Statements of Comprehensive Income Unleash Innovation Selected Items from Statements of Comprehensive Income 4Q25 4Q25 4Q25 4Q25 3Q25 4Q24 Over Over (In NT$ billions unless otherwise noted) Guidance 3Q25 4Q24 Net Revenue (US$ billions) 33.73 32.2-33.4 33.10 26.88 +1.9% +25.5% Net Revenue 1,046.09 98

  5. Slide 5: 4Q25 Revenue by Technology

    4Q25 Revenue by Technology Unleash Innovation © 2026 TSMC, Ltd 5 TSMC Property

  6. Slide 6: Revenue by Technology

    Revenue by Technology Unleash Innovation 2025 2024 © 2026 TSMC, Ltd 6 TSMC Property

  7. Slide 7: 4Q25 Revenue by Platform

    4Q25 Revenue by Platform Unleash Innovation © 2026 TSMC, Ltd 7 TSMC Property

  8. Slide 8: 2025 Revenue by Platform

    2025 Revenue by Platform Unleash Innovation © 2026 TSMC, Ltd 8 TSMC Property

  9. Slide 9: Balance Sheets & Key Indices

    Balance Sheets & Key Indices Unleash Innovation Selected Items from Balance Sheets 4Q25 3Q25 4Q24 (In NT$ billions) Amount % Amount % Amount % Cash & Marketable Securities 3,068.59 38.7 % 2,751.06 37.4 % 2,422.02 36.2 % Accounts Receivable 281.79 3.6 % 307.81 4.2 % 272.09 4.1 % Inventories 288.11 3.

  10. Slide 10: Cash Flows

    Cash Flows Unleash Innovation (In NT$ billions) 4Q25 3Q25 4Q24 Beginning Balance 2,470.76 2,364.52 1,886.78 Cash from operating activities 725.51 426.83 620.21 Capital expenditures (356.91) (287.45) (361.95) Cash dividends (129.66) (116.70) (103.73) Bonds payable 21.75 (9.06) (1.75) Investments and

  11. Slide 11: 2025 Financial Highlights

    2025 Financial Highlights Unleash Innovation (In NT$ billions unless otherwise noted) 2025 2024 YoY Net Revenue (US$ billions) 122.42 90.08 +35.9% Net Revenue 3,809.05 2,894.31 +31.6% Gross Margin 59.9% 56.1% +3.8ppts Operating Margin 50.8% 45.7% +5.1ppts Income before Tax 2,041.66 1,405.84 45.2% EP

  12. Slide 12: Recap of Recent Major Events

    Recap of Recent Major Events Unleash Innovation • TSMC 2025 Supply Chain Management Forum Presents Awards to Outstanding Suppliers (2025/11/28) • TSMC Board of Directors Approved NT$6.00 Cash Dividend for the Third Quarter of 2025 and Set March 17, 2026 as Ex-Dividend Date, March 23, 2026 as the Rec

  13. Slide 13: https://www.tsmc.com invest@tsmc.com

    Unleash Innovation https://www.tsmc.com invest@tsmc.com © 2026 TSMC, Ltd 13 TSMC Property

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