【Novatek】Novatek Technology Q1 2026 Consolidated Financial Report and Q2 Business Outlook
Novatek Technology announced its consolidated financial report for Q1 2026 and business outlook for Q2. Q1 revenue was NT$23.145 billion, a 14.66% decrease year-on-year, with EPS of NT$6.19. For Q2, the company projects revenue between NT$27.5 billion and NT$28.5 billion, and a gross margin of 38% to 41%.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:56 (56 min after Collected)
1. Date of occurrence of the event: 2026/05/07
2. Company name: Novatek Microelectronics Corp.
3. Relationship with the company (please enter 'our company' or 'subsidiary'): Our company.
4. Mutual shareholding ratio: Not applicable.
5. Reason for occurrence: Not applicable.
6. Countermeasures: Not applicable.
7. Other matters that should be specified (if the subject of the event or resolution is a public company or above, this material information also meets the criteria for matters having a significant impact on shareholders' equity or securities prices as stipulated in Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act):
Novatek Microelectronics Corp. (stock code: 3034) held an investor conference today (the 7th) to explain the company's Q1 2026 consolidated financial report:
Novatek Technology's Q1 2026 consolidated operating revenue was NT$23,145 million, an increase of 1.44% from the fourth quarter of last year, but a decrease of 14.66% compared to the first quarter of last year. In Q1, the mobile phone product segment faced pressure from tight memory supply and rising costs, impacting terminal demand. However, the System-on-Chip (SoC) business mitigated part of the impact, leading to a slight increase in revenue.
Q1 gross profit margin was 39.06%, an increase of 0.87 percentage points compared to last year's Q4 38.19%, mainly contributed by a favorable product mix.
Q1 2026 operating expenses were NT$5,012 million, compared to NT$4,851 million in Q4 last year and NT$5,087 million in Q1 last year. Q1 operating profit was NT$4,028 million, compared to NT$3,861 million in Q4 last year and NT$5,696 million in Q1 last year.
Q1 2026 net profit after tax was NT$3,767 million, an increase of 2.1% compared to Q4 last year, but a decrease of 28.43% compared to Q1 last year. Basic earnings per share for this quarter was NT$6.19.
Novatek Technology's 2025 earnings distribution plan has been approved by the Board of Directors to distribute a cash dividend of NT$23 per share. The total cash dividend distributed to shareholders is NT$13,995,763,787, accounting for 85.61% of the net profit after tax for 2025.
The company's Q2 2026 business outlook is as follows:
‧Consolidated revenue is expected to be between NT$27.5 billion and NT$28.5 billion;
(Calculated with an exchange rate of USD to NTD at 1:31.3)
‧Gross profit margin is expected to be between 38% and 41%;
‧Operating profit margin is expected to be between 16% and 19%.
2. Company name: Novatek Microelectronics Corp.
3. Relationship with the company (please enter 'our company' or 'subsidiary'): Our company.
4. Mutual shareholding ratio: Not applicable.
5. Reason for occurrence: Not applicable.
6. Countermeasures: Not applicable.
7. Other matters that should be specified (if the subject of the event or resolution is a public company or above, this material information also meets the criteria for matters having a significant impact on shareholders' equity or securities prices as stipulated in Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act):
Novatek Microelectronics Corp. (stock code: 3034) held an investor conference today (the 7th) to explain the company's Q1 2026 consolidated financial report:
Novatek Technology's Q1 2026 consolidated operating revenue was NT$23,145 million, an increase of 1.44% from the fourth quarter of last year, but a decrease of 14.66% compared to the first quarter of last year. In Q1, the mobile phone product segment faced pressure from tight memory supply and rising costs, impacting terminal demand. However, the System-on-Chip (SoC) business mitigated part of the impact, leading to a slight increase in revenue.
Q1 gross profit margin was 39.06%, an increase of 0.87 percentage points compared to last year's Q4 38.19%, mainly contributed by a favorable product mix.
Q1 2026 operating expenses were NT$5,012 million, compared to NT$4,851 million in Q4 last year and NT$5,087 million in Q1 last year. Q1 operating profit was NT$4,028 million, compared to NT$3,861 million in Q4 last year and NT$5,696 million in Q1 last year.
Q1 2026 net profit after tax was NT$3,767 million, an increase of 2.1% compared to Q4 last year, but a decrease of 28.43% compared to Q1 last year. Basic earnings per share for this quarter was NT$6.19.
Novatek Technology's 2025 earnings distribution plan has been approved by the Board of Directors to distribute a cash dividend of NT$23 per share. The total cash dividend distributed to shareholders is NT$13,995,763,787, accounting for 85.61% of the net profit after tax for 2025.
The company's Q2 2026 business outlook is as follows:
‧Consolidated revenue is expected to be between NT$27.5 billion and NT$28.5 billion;
(Calculated with an exchange rate of USD to NTD at 1:31.3)
‧Gross profit margin is expected to be between 38% and 41%;
‧Operating profit margin is expected to be between 16% and 19%.