Earnings release
Page 1
tsme TSMC Reports Second Quarter EPS of NT $ 5.18 Hsinchu , Taiwan , R.O.C. , July 15 , 2021 -- TSMC today announced consolidated revenue of NT $ 372.15 billion , net income of NT $ 134.36 billion , and diluted earnings per share of NT $ 5.18 ( US $ 0.93 per ADR unit ) for the second quarter ended June 30 , 2021 . Year - over - year , second quarter revenue increased 19.8 % while net income and diluted EPS both increased 11.2 % . Compared to first quarter 2021 , second quarter results represented a 2.7 % increase in revenue and a 3.8 % decrease in net income . All figures were prepared in accordance with TIFRS on a consolidated basis . In US dollars , second quarter revenue was $ 13.29 billion , which increased 28.0 % year - over - year and increased 2.9 % from the previous quarter . Gross margin for the quarter was 50.0 % , operating margin was 39.1 % , and net profit margin was 36.1 % . In the second quarter , shipments of 5 - nanometer accounted for 18 % of total wafer revenue ; 7 nanometer accounted for 31 % . Advanced technologies , defined as 7 - nanometer and more advanced technologies , accounted for 49 % of total wafer revenue . " Our second quarter business was mainly driven by continued strength in HPC and Automotive related demand , " said Wendell Huang , VP and Chief Financial Officer of TSMC . " Moving into third quarter 2021 , we expect our business to be supported by strong demand for our industry - leading 5nm and 7nm technologies , driven by all four growth platforms , which are smartphone , HPC , loT and Automotive - related applications . " Based on the Company's current business outlook , management expects the overall performance for third quarter 2021 to be as follows : Revenue is expected to be between US $ 14.6 billion and US $ 14.9 billion ; And , based on the exchange rate assumption of 1 US dollar to 27.9 NT dollars , Gross profit margin is expected to be between 49.5 % and 51.5 % ; Operating profit margin is expected to be between 38.5 % and 40.5 % . July 15 , 2021 TSMC Page 1 of 2