Wiwynn Reports Second Quarter 2025 Financial Results

Following the Board of Directors meeting today (August 8), Wiwynn Corporation announced consolidated financial statements for the second quarter of 2025.

In the second quarter ended June 30, 2025, consolidated revenue reached NT$220.744 billion, an increase of 184.9% year-over-year. Profit after tax (PAT) was NT$12.122 billion, up 158.3% year-over-year. Driven primarily by strong demand for general and AI servers, hardware product revenue grew significantly faster than product design and development income (one-time NRE engineering fees), resulting in a gross margin of 8.6%. Leveraging these economies of scale, the operating margin increased to 7.2%, exceeding previous quarters despite the rapid appreciation of the NT dollar. Following the increase in shares outstanding from the GDR issuance in 2024, basic earnings per share (EPS) for the second quarter of 2025 still reached NT$65.23, exceeding NT$26.85 in the same period of 2024. Consolidated revenue, profits, and EPS all grew by a multiple and achieved record highs in the second quarter of 2025.

In the first half of 2025, consolidated revenue reached NT$391.399 billion, up 166.1% year-over-year. PAT was NT$21.916 billion, an increase of 133.1% year-over-year. Gross margin was 8.6%, operating margin was 7.1%, and PAT margin was 5.6%. EPS was NT$117.93, higher than NT$53.77 in the same period of 2024. Consolidated revenue for the first half of 2025 has already surpassed the full-year total for 2024, and consolidated revenue, profits, and EPS all grew by a multiple and achieved record highs.

To meet the office and R&D space requirements arising from business growth, the Board of Directors approved a construction budget of NT$4 billion for the headquarters building in Taipei City. The Board also approved an increase in capital for its U.S. subsidiary, Wiwynn International Corporation, by US$500 million to enhance working capital and strengthen the financial structure.

The Company remains optimistic about long-term market demand and growth for data centers, and is committed to continuous investments to deepen AI, computing, thermal, and related technologies and product development. Looking ahead to the second half of 2025, amid uncertainties in the international landscape and various countries’ tariff policies, the Company is building manufacturing facilities in Texas, USA. Production is scheduled to commence by the end of 2025 to strengthen production and supply chain resilience. At the same time, the Company will continue to maintain close communication with customers and flexibly adjust global production capacity.