NYSE$UMC

United Microelectronics Corporation-ADR · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

UMC reported solid second quarter results, with increased utilization rates and record revenue from 22/28nm technology.

UMC delivered a strong Q2 2025, with higher wafer shipments and record contributions from its 22/28nm business, though FX pressures weighed on margins.

  • Revenue reached $2.01 billion with improved utilization rates.
  • 22/28nm node accounted for a record 40% of total sales.
  • Net income came in at $304 million with EPS of $0.12.
  • Gross margin was impacted by foreign exchange headwinds.

Headline financials

Total Revenue

$2.01B

Previous: $1.76B+14.3%
EPS (adj)

$0.12

Previous: $0.17-29.8%
Operating Margin

18.4%

No prior period
Wafer Shipments (12")

967.0K

No prior period
Gross margin

28.7%

No prior period
Net Income

$304M

Previous: $426M-28.7%
Operating Income

$370M

Previous: $423M-12.5%
Gross Profit

$576M

Previous: $593M-2.9%

Revenue & EPS history

UMC · Revenue · Quarterly

$2.01B

Q2 2025+14.3%vs Q2 2024
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Forward guidance

UMC expects wafer shipments to grow slightly in Q3 2025, with stable ASPs, but FX pressure is expected to reduce NT$ revenue.

Tailwinds

  • Wafer shipments expected to increase mildly
  • Blended ASP in USD expected to remain firm
  • Stable utilization in the mid-70% range
  • CAPEX commitment of $1.8 billion for FY25
  • 22/28nm node adoption continues to grow

Headwinds

  • Revenue in NT$ expected to decline due to FX pressure
  • Gross margin impacted by foreign exchange rates
  • Ongoing geopolitical and macroeconomic uncertainties
  • FX volatility remains a financial risk
  • Exposure to tariff policy changes in the U.S.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-0.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+5.5%

Avg return

30 days after

46%

28 / 61 earnings

Positive

+11.4%

Q4 2015

Best reaction

-10.5%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.3%+6.5%+34.6%
Q4 2025-8.9%+9.9%+74.0%
Q2 2025+0.0%+2.4%+0.7%
Q4 2024-8.9%-9.4%+4.3%
Q2 2024+8.7%+5.7%+18.0%
Q4 2023-1.8%-2.0%-0.3%
Q3 2023-4.3%-5.0%+5.9%
Q2 2023+0.5%+2.5%-6.0%
Q1 2023+3.1%+4.2%+12.9%
Q4 2022+2.0%+2.4%+9.9%
Q3 2022-5.3%-4.7%+17.7%
Q2 2022+3.5%+2.6%+1.8%
Q1 2022+11.2%+8.5%+16.9%
Q4 2021-8.8%-14.8%-15.3%
Q3 2021-0.9%-3.2%+4.1%
Q2 2021+10.4%+11.5%+22.3%
Q1 2021-6.4%-11.7%-13.0%
Q4 2020-6.5%-6.0%-1.2%
Q3 2020-4.0%-2.5%+26.3%
Q2 2020+0.5%+15.6%-0.8%
Q1 2020-3.5%-5.4%-4.3%
Q4 2019+8.8%+8.8%+0.0%
Q3 2019-3.4%+2.1%+4.3%
Q2 2019-5.9%-2.3%-7.7%
Q1 2019+10.4%+12.4%+4.7%
Q4 2018-1.6%-1.6%-2.6%
Q3 2018-3.0%-8.5%-11.9%
Q2 2018-1.7%-4.5%-3.1%
Q1 2018+3.1%+4.3%+5.5%
Q4 2017-0.4%+0.4%-2.8%
Q2 2017-10.5%+0.8%-2.7%
Q3 2017-1.5%+0.0%+2.3%
Q1 2017+0.5%+0.5%+7.3%
Q4 2016-3.2%+0.0%+3.8%
Q3 2016-2.6%+0.5%-2.6%
Q2 2016-4.0%-2.5%-5.0%
Q1 2016-5.0%
Q4 2015+11.4%
Q3 2015-3.6%
Q2 2015+3.4%
Q1 2015-1.7%
Q4 2014-0.9%
Q3 2014-2.5%
Q2 2014+3.7%
Q1 2014+2.8%
Q4 2013-1.5%
Q3 2013+1.5%
Q2 2013+4.3%
Q1 2013+0.0%
Q4 2012+2.0%
Q3 2012+1.0%
Q2 2012+2.8%
Q1 2012+0.0%
Q4 2011+2.3%
Q3 2011-2.1%
Q2 2011+2.0%
Q1 2011+0.7%
Q4 2010+2.3%
Q3 2010+1.8%
Q2 2010-0.7%
Q1 2009+0.8%

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