ASE Technology Holding (NYSE:ASX), the world’s largest provider of independent semiconductor manufacturing services in assembly and test, reported unaudited financial results for the first quarter ended March 31, 2026.
The company posted net revenues of NT$173,662 million, representing a 17.2% increase compared to the same period in 2025, though revenues declined 2.4% sequentially from the fourth quarter of last year.
The firm’s bottom line remained resilient, with net income attributable to the company reaching NT$14,148 million.
For the quarter, ASE reported basic earnings per share of NT$3.24 and diluted earnings per share of NT$3.08.
The results reflect a steady demand environment for advanced packaging and testing as the broader semiconductor industry navigates a period of stabilization and growth in high-performance computing and automotive applications.
ASE’s core Assembly, Testing, and Material (ATM) business continued to serve as the primary revenue engine, accounting for 51% of total sales.
The Electronic Manufacturing Services (EMS) segment contributed 36%, highlighting the firm’s integrated role across the electronics supply chain.
Profitability metrics remained stable, with a gross margin of 20.1% and an operating margin of 10.1% for the quarter.
Meanwhile, the company continues to invest heavily in its technological leadership and capacity expansion, reporting capital expenditures of US$1.003 billion for the first three months of 2026.
Financially, ASE Technology maintained a sound liquidity position as of March 31, 2026, with a current ratio of 1.15.
The company’s balance sheet reflected a disciplined approach to leverage, reporting a net debt-to-equity ratio of 0.40.