Slides
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Unleash Innovation TSMC, Ltd© 02025 TSMC Property Unleash Innovation 2025 Second Quarter Earnings Conference July 17, 2025
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Unleash Innovation TSMC, Ltd© 12025 TSMC Property Agenda • Welcome Jeff Su, IR Director • 2Q25 Financial Results and 3Q25 Outlook Wendell Huang, CFO • Key Messages Wendell Huang, CFO C.C. Wei, Chairman & CEO • Q&A
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Unleash Innovation TSMC, Ltd© 22025 TSMC Property Safe Harbor Notice • 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 could cause actual results to vary can be found in TSMC’s 2024 Annual Report on Form 20-F filed with the United States Securities and Exchange Commission (the “SEC”) on April 17, 2025 and such other documents as TSMC may file with, or submit to, the SEC from time to time. • Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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Unleash Innovation TSMC, Ltd© 32025 TSMC Property Statements of Comprehensive Income Selected Items from Statements of Comprehensive Income 2Q25 (In NT$ billions unless otherwise noted) Guidance Net Revenue (US$ billions) 30.07 28.4-29.2 25.53 20.82 +17.8% +44.4% Net Revenue 933.79 839.25 673.51 +11.3% +38.6% Gross Margin 58.6% 57.0%-59.0% 58.8% 53.2% -0.2 ppts +5.4 ppts Operating Expenses (84.51) (85.19) (70.30) -0.8% +20.2% Operating Margin 49.6% 47.0%-49.0% 48.5% 42.5% +1.1 ppts +7.1 ppts Non-Operating Items 29.61 23.82 19.75 +24.4% +49.9% Net Income Attributable to Shareholders of the Parent Company 398.27 361.56 247.85 +10.2% +60.7% Net Profit Margin 42.7% 43.1% 36.8% -0.4 ppts +5.9 ppts EPS (NT Dollar) 15.36 13.94 9.56 +10.2% +60.7% ROE 34.8% 32.7% 26.7% +2.1 ppts +8.1 ppts Shipment (Kpcs, 12"-equiv. Wafer) 3,718 3,259 3,125 +14.1% +19.0% Average Exchange Rate--USD/NTD 31.05 32.5 32.88 32.35 -5.5% -4.0% * Diluted weighted average outstanding shares were 25,929mn units in 2Q25 ** ROE figures are annualized based on average equity attributable to shareholders of the parent company 2Q25 1Q25 2Q24 2Q25 Over 1Q25 2Q25 Over 2Q24