TSM Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2025-03-31), TSM reported revenue of $839.3B, gross profit of $493.4B (58.8% gross margin), operating income of $407.1B, and net income of $361.6B (43.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
TSM was profitable; revenue grew 34.2% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +34.2% | +51.5% | +4.9 pp |
Consensus estimate data is not available for this report.
TSM Q1 2025 Income Statement
| Line item | Amount (TWD) | % of revenue |
|---|---|---|
| Revenue | $839.3B | 100% |
| Cost of Revenue | −$345.9B | 41.2% |
| Gross Profit | $493.4B | 58.8% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$86.3B | 10.3% |
| Operating Income | $407.1B | 48.5% |
| Other Income, net | $23.8B | 2.8% |
| Income Tax Expense | −$69.3B | 8.3% |
| Net Income | $361.6B | 43.1% |
Source: original SEC filing (filed 2025-04-17). Accession 0001046179-25-000035. Data normalized by EarningsFyi.