Slides
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Unleash Innovation © 12026 TSMC, Ltd TSMC Property Unleash Innovation 2025 Fourth Quarter Earnings Conference January 15, 2026
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Unleash Innovation © 22026 TSMC, Ltd TSMC Property Agenda • 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
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Unleash Innovation © 32026 TSMC, Ltd 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 © 42026 TSMC, Ltd TSMC Property Statements of Comprehensive Income Selected Items from Statements of Comprehensive Income 4Q25 4Q25 3Q25 4Q24 4Q25 Over 3Q25 4Q25 Over 4Q24(In NT$ billions unless otherwise noted) Guidance Net Revenue (US$ billions) 33.73 32.2-33.4 33.10 26.88 +1.9% +25.5% Net Revenue 1,046.09 989.92 868.46 +5.7% +20.5% Gross Margin 62.3% 59.0%-61.0% 59.5% 59.0% +2.8 ppts +3.3 ppts Operating Expenses (88.19) (87.76) (86.34) +0.5% +2.1% Operating Margin 54.0% 49.0%-51.0% 50.6% 49.0% +3.4 ppts +5.0 ppts Non-Operating Items 27.46 24.68 23.09 +11.2% +19.0% Net Income Attributable to Shareholders of the Parent Company 505.74 452.30 374.68 +11.8% +35.0% Net Profit Margin 48.3% 45.7% 43.1% +2.6 ppts +5.2 ppts EPS (NT Dollar) 19.50 17.44 14.45 +11.8% +35.0% ROE 38.8% 37.8% 36.2% +1.1 ppts +2.6 ppts Shipment (Kpcs, 12"-equiv. Wafer) 3,961 4,085 3,418 -3.0% +15.9% Average Exchange Rate--USD/NTD 31.01 30.6 29.91 32.30 +3.7% -4.0% * Diluted weighted average outstanding shares were 25,931mn units in 4Q25 ** ROE figures are annualized based on average equity attributable to shareholders of the parent company