NYSE$UMC

United Microelectronics Corporation-ADR · Q2 2026 earnings

Q2 2026 earnings · · Investor relations

Briefing

United Microelectronics Corporation-ADR reported strong Q2 2026 results with revenue growth and significantly higher net income driven by improved margins and utilization.

UMC posted consolidated revenue of NT$68.73 billion for the second quarter of 2026, up 12.6% sequentially and 17.0% year-over-year. Gross margin reached 32.5% and operating margin 21.8%, with operating income rising 32.6% QoQ to NT$14.95 billion. Net income attributable to shareholders surged to NT$42.26 billion, yielding EPS of NT$3.39, supported by strong non-operating income and utilization at 85%.

  • Revenue NT$68.73 billion, exceeding expectations with 22/28nm contributing 37% of revenue.
  • Gross margin expanded to 32.5% and operating margin to 21.8% from prior quarter.
  • Capacity utilization improved to 85%, with Q3 expected to exceed 90%.
  • Net income NT$42.26 billion (EPS NT$3.39 / US$0.537 per ADS), up sharply QoQ and YoY.

Headline financials

Total Revenue

NT$2.13B

Previous: NT$2.01B+6.2%
EPS (adj)

NT$3.39

Previous: NT$0.12+2725.0%
Operating Margin

21.8%

Previous: 18.4%+18.5%
Capacity Utilization

85.0%

No prior period
Gross Margin

32.5%

Previous: 28.7%+13.2%
Net Income

NT$1.31B

Previous: NT$304M+331.3%
Operating Income

NT$464M

Previous: NT$370M+25.4%

Revenue & EPS history

UMC · Revenue · Quarterly

NT$2.13B

Q2 2026+6.2%vs Q2 2025
Beat estimate in 9 of 13 quarters(69%)
ActualEstimate

Forward guidance

Q3 2026 utilization expected to exceed 90%; expanded 2026 capex plan of US$2.0 billion focused on 12-inch capacity, silicon photonics, and advanced packaging.

Tailwinds

  • Strengthening demand in communication and consumer segments.
  • Improved product mix supporting margin expansion.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-0.2%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+5.0%

Avg return

30 days after

43%

28 / 65 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
Q2 2026
Q1 2026+3.3%+6.5%+34.6%
Q4 2025-8.9%+9.9%+74.0%
Q3 2025-1.9%-4.9%+6.6%
Q2 2025+0.0%+2.4%+0.7%
Q1 2025-1.2%+3.9%+2.1%
Q4 2024-8.9%-9.4%+4.3%
Q3 2024-5.7%-4.6%-8.9%
Q2 2024+8.7%+5.7%+18.0%
Q1 2024-0.9%+2.5%+2.3%
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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