TSM Q2 2025 Earnings — Income Statement Breakdown

For its Q2 2025 period (ending 2025-06-30), TSM reported revenue of $933.8B, gross profit of $547.4B (58.6% gross margin), operating income of $463.4B, and net income of $398.3B (42.7% net margin). The flow of revenue into costs and profit is visualized below.

What changed

TSM was profitable; revenue grew 11.3% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+11.3%+10.2%−0.4 pp

Consensus estimate data is not available for this report.

TSM Q2 2025 Income Statement

TSM Q2 2025 income statement. Figures in TWD.
Line itemAmount (TWD)% of revenue
Revenue$933.8B100%
Cost of Revenue−$386.4B41.4%
Gross Profit$547.4B58.6%
Research & Development0.0%
Selling, General & Administrative0.0%
Other Operating Expenses−$83.9B9.0%
Operating Income$463.4B49.6%
Other Income, net$29.6B3.2%
Income Tax Expense−$94.8B10.1%
Net Income$398.3B42.7%

Source: original SEC filing (filed 2025-07-17). Accession 0001046179-25-000082. Data normalized by EarningsFyi.