TSM Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), TSM reported revenue of $989.9B, gross profit of $588.5B (59.5% gross margin), operating income of $500.7B, and net income of $452.3B (45.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
TSM was profitable; revenue grew 6.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +6.0% | +13.6% | +3.0 pp |
Consensus estimate data is not available for this report.
TSM Q3 2025 Income Statement
| Line item | Amount (TWD) | % of revenue |
|---|---|---|
| Revenue | $989.9B | 100% |
| Cost of Revenue | −$401.4B | 40.5% |
| Gross Profit | $588.5B | 59.5% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$87.9B | 8.9% |
| Operating Income | $500.7B | 50.6% |
| Other Income, net | $477.0B | 48.2% |
| Income Tax Expense | −$525.4B | 53.1% |
| Net Income | $452.3B | 45.7% |
Source: original SEC filing (filed 2025-10-16). Accession 0001046179-25-000116. Data normalized by EarningsFyi.