Wiwynn Reports First Quarter 2026 Financial Results

Wiwynn held a Board of Directors meeting today (May 7) and approved its financial statements for the first quarter of 2026.

In the first quarter of 2026, consolidated revenue reached NT$276.508 billion, representing a year-over-year increase of 62.0%. Profit after tax (PAT) was NT$14.114 billion, increased by 44.1% from the same period in 2025. Gross margin was 7.6%, operating margin was 6.3%, and PAT margin was 5.1%. Basic earnings per share (EPS) was NT$75.95, compared with NT$52.70 in the same period of 2025. Consolidated revenue, profitability, and basic EPS for the first quarter of 2026 all reached record highs for the same period.

In response to changes in the AI product mix and rising component costs, the Company has continued to adjust its business models in collaboration with customers. Beginning in April, memory procurement for certain customers shifted to a procurement agency model, under which memory revenue is excluded from reported revenue. As a result, April revenue was NT$82.731 billion, representing a year‑over‑year increase of 29.67% and a month‑over‑month decrease of 16.14%. Server rack shipment volume increased month-over-month, and margins also improved compared to the previous month. Looking ahead to the full year, total profit is expected to remain unaffected by partial changes in business models, with shipment volume continuing to achieve double-digit growth.

The Company is optimistic about AI and data center market, and is committed to continuous investments to deepen computing, thermal and power efficiency, and related technologies and product development. In Q1, the company invested in Ayar Labs, the co-packaged optics (CPO) leader, collaborating to bring CPO innovation in rack-level AI systems and capture growing opportunities in hyperscale AI workloads. To meet customers’ long-term demand growth and working capital needs, the Board of Directors has approved to increase capital in the subsidiary, Wiwynn International Corporation, by USD$500 million to enhance its working capital and strengthen its financial structure.