Slides
Page 1
ASUS IN SEARCH OF INCREDIBLE ASUSTeK 2Q 2026 Investor Conference
Page 2
Disclaimer ASUSTeK’s presentation contains forward-looking statements subject to significant risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. The forward-looking statements in this release reflect the current belief of ASUS as of the date of this release, we undertake no obligation to update these forward-looking statements for new information, future events, or otherwise. 2
Page 3
Agenda • 2Q 2026 Financial Result • Strategy & Outlook • Q & A
Page 4
2Q 2026 Financial Result
Page 5
2026 2Q Brand Income Statement in NT$ Mn 2026 2Q 2026 1Q QoQ 2025 2Q YoY Net Revenue 241,056 194,051 24% 174,018 39% COGS (201,199) (167,343) 20% (152,490) 32% Gross Profit 39,857 26,709 49% 21,527 85% Operating Expenses (20,219) (16,207) 25% (15,568) 30% Operating Profit 19,638 10,502 87% 5,959 230% Non-OP Items 5,036 1,758 186% 5,148 -2% Pre-Tax Profit 24,674 12,260 101% 11,107 122% Tax (5,626) (2,463) 128% (1,301) 332% Net Profit 19,048 9,797 94% 9,806 94% EPS 25.6 13.2 13.2 Gross Margin % 16.5% 13.8% 12.4% Operating Margin % 8.1% 5.4% 3.4% (unaudited brand consolidated financials) 5
Page 6
2026 2Q Non-OP Items in NT$ Mn 2026 2Q 2026 1Q QoQ 2025 2Q YoY Interest Income (net) 463 518 -11% 912 -49% Investment Income 1,472 1,373 7% 1,076 37% Askey 156 64 144% 112 39% Others 1,316 1,309 1% 964 36% Exchange Gain/(Loss) 1,221 (217) 664% 1,092 12% Dividend Income 1,803 2,031 -11% Other Income (net) 77 84 -9% 36 113% Total Non-OP items 5,036 1,758 186% 5,148 -2% (unaudited brand consolidated financials) 6
Page 7
2026 2Q Brand Balance Sheet in NT$ Mn Jun 30, 2026 Mar 31, 2026 QoQ Jun 30, 2025 YoY Cash & equivalents 70,948 42,829 66% 77,891 -9% Accounts receivable 165,363 128,262 29% 116,636 42% Inventories 339,906 247,099 38% 140,793 141% Current Assets 604,652 441,839 37% 359,647 68% Long-term investments 146,694 118,636 24% 115,218 27% Fixed assets 15,294 15,282 0% 14,658 4% Total Assets 803,354 611,394 31% 517,427 55% Accounts payable 194,515 125,126 55% 90,136 116% Current Liabilities 477,637 300,207 59% 249,091 92% Total Liabilities 501,996 324,505 55% 273,237 84% Paid-in capital 7,428 7,428 7,428 Stockholders' equity 301,357 286,889 5% 244,190 23% Avg. Days of Inventory 154 122 101 Avg. Days of AR 66 64 65 Avg. Days of AP 87 70 62 Avg. CCC Days 132 116 104 (unaudited brand consolidated financials) 7
Page 8
2026 2Q Revenue Mix Business Group Region (unaudited brand consolidated financials) 8
Page 9
• PC QoQ +15% ~ +20%, YoY +20% ~ +30% • Component QoQ +5% ~ +10%, YoY flattish • Server QoQ +10% ~ +15%, YoY +150% 2026 3Q Outlook (unaudited brand consolidated financials) 9
Page 10
Strategy & Outlook
Page 11
+39% Exceptional Growth x Record-High Revenue (unaudited brand consolidated financials) +2X +20% 2Q Revenue YoY PC 2Q Revenue YoYServer 2Q Revenue YoY • Hyper-growth in Server and robust order pipeline • PC consistently outperforming the broader industry • Proven execution and operational resilience 11
Page 12
ASUS AI Ecosystem Comprehensive, end-to-end products and solutions Cloud & Edge AI Infrastructure Client AI PC/ Devices Physical AI Applications Local AI Accelerators Infrastructure Solutions BG Open Platform BG System BG AIoT BG Ubiquitous AI. Incredible Possibilities 12
Page 13
CONFIDENTIAL AND PROPRIETARY INFORMATION Infrastructure Solutions Strategy DCS • Edge Computing • Industrial & Vertical Customers • Storage Solution & Infrastructure Solution • Customized Design & Technical Support as a Service • AI & General Server • Dedicated Team to Support Next-Wave CSPs Customized • Enterprise Customers EC Solution End-to-End Infrastructure Solution Provider 13
Page 14
Driving Next-Gen PC Leadership Through Innovation ProArt P16/P14 First-Mover in the New NVIDIA RTX Spark Category Zenbook 14 Winning Premium Mainstream Thin-and-Light Best of Computex 2026 Best in Show Computex 2026 Empowering User Experiences 14
Page 15
Scratch Resistant 9H hardness 5X the industry standard Easy to Clean Stain-resistant and fingerprint-resistant Abrasion Resistant 100,000 simulated hand hand pressure tests ASUS ExpertBook Ultra Ruggedized Design for Enterprise 15
Page 16
ASUS Zenni Claw Making AI Agents More Practical Easy to install, easy to use Ready-to-use ASUS skills Flexible local-cloud routing Built-in safety protection One-click setup and intuitive interaction make ASUS Zenni Claw easy to start using right away. Built-in ASUS skills help users get immediate value through practical workflows from day one. Dynamic routing helps each task run where it works best, balancing speed, capability, and API cost. A more controlled architecture helps improve protection, isolation, and confidence during use. 16
Page 17
> 130M Shipments Graphics Cards ~ 35M Shipments ROG NB 17
Page 18
ROG 20th Anniversary: Community & Innovation ROG Edition 20 A design language that respects the past, celebrates the present, and boldly looks to the future. F O R T H O S E W H O D A R E ROG XBOX Ally X20 Bundle "It leapfrogs every other handheld I've ever seen on specs." — Linus Tech Tips ROG Homecoming Turning fan dreams into reality — from the moment they landed to meeting "the GOAT," Jonney Shih Celebrating 20 years with our fans, while unveiling the future of gaming. 18
Page 19
2026 Q2 Performance Business Highlights 19 (Source: market research and internal data) System Business Group • Robust growth in PC Revenue and AI PC takes over 30% share of consumer revenue. • Majority of revenue from high-value products to support profit resilience. • Sustained expansion in Commercial PC shipments with over 50% growth. Commercial PC Shipments +50% YoY High-Value Product Revenue Share > 65% Premium PC Revenue +20% YoY
Page 20
Open Platform Business Group 2026 Q2 Performance Business Highlights 20 (Source: market research and internal data) OP Revenue -15% ~ -10% YoY • Display & Accessory strengthen gaming leadership and boost revenue. • The increase in NUC revenue was attributable to higher demand for the ASUS Ascent GX10. • Component business is emerging from a cyclical trough while industry headwinds are gradually easing. Revenue Grew YoY Across the Board +50% ~20% NUC Revenue +30% YoY
Page 21
Infrastructure Solutions Business Group 2026 Q2 Performance Business Highlights • Server business scales new heights with 2X revenue growth. • At COMPUTEX 2026, ASUS showcased end-to-end AI factory solutions, transforming AI factory blueprints into deployment-ready infrastructure with NVIDIA DSX, enabling customers to validate power, cooling, networking, storage, and facility readiness through digital twins before deployment. • The ASUS AI Lab validates AI infrastructure through rigorous real-world testing, optimizing thermal performance, power delivery, and liquid cooling to ensure enterprise-grade reliability. ASUS Accelerates AI Factory Deployment with NVIDIA DSX at COMPUTEX 2026 (Source: market research and internal data) 21 Server Revenue + 2X YoY ASUS AI Lab Validates AI Infrastructure for Enterprise-Scale Reliability
Page 22
22 (Source: market research and internal data) AIoT Business Group ASUS Blade Healthcare AI Software Receives HSA Approval in Singapore , • ASUS showcased its healthcare AI portfolio at Smart Health Asia 2026, highlighting ASUS Blade — its first HSA-approved Class B IVD software in Singapore, achieving 99-100% agreement with manual reference methods. • ASUS and NHRI co-host Healthcare AI seminar, forming seven joint working groups across wearables, imaging, and data governance to accelerate field validation and commercialization via Taiwan Health and Bio DataBank Technology Inc. (THBC). ASUS x NHRI: Building Trust for Healthcare AI 2026 Q2 Performance Business Highlights
Page 23
Awards and Achievements ASUS Ranked in the Top 5% of Listed Companies at the 12th Corporate Governance Evaluation ASUS and ROG Win 10 Best Choice Awards at Computex 2026 ASUS and Republic of Gamers Win 43 Red Dot Product Design Awards 2026 23
Page 24
Q & A