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TSMC(TSM) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Q1 2025 - Net revenue reached US$25.53 billion, a 35.3% increase year-over-year (YoY) but a 5.1% decrease quarter-over-quarter (QoQ) [5] - Net revenue in NT dollars was NT$839.25 billion, up 41.6% YoY and down 3.4% QoQ [5] - Gross margin was 58.8%, a 5.7 percentage point increase YoY and a 0.2 percentage point decrease QoQ [5] - Operating margin was 48.5%, a 6.5 percentage point increase YoY and a 0.5 percentage point decrease QoQ [5] - Net income attributable to shareholders was NT$361.56 billion, up 60.3% YoY and down 3.5% QoQ [5] - EPS was NT$13.94, up 60.4% YoY and down 3.5% QoQ [5] Revenue Breakdown - 5nm technology contributed 36% to revenue [7] - 3nm technology contributed 22% to revenue [7] - 7nm technology contributed 15% to revenue [7] - HPC (High Performance Computing) accounted for 59% of revenue [12] - Smartphone accounted for 28% of revenue [12] Growth Rate by Platform (QoQ) - Automotive increased by 14% [14] - IoT decreased by 9% [14] - HPC increased by 8% [14] Q2 2025 Guidance - Revenue is expected to be between US$28.4 billion and US$29.2 billion [20] - Gross profit margin is projected to be between 57% and 59% [20] - Operating profit margin is expected to be between 47% and 49% [20]