Taiwan Semiconductor Manufacturing Company Limited (TSM) Earnings History
Elite Compounder29 years of earnings data (1997–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
Loading earnings history...
Taiwan Semiconductor Manufacturing Company Limited (TSM) Earnings Overview
As of June 21, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) reported trailing twelve-month net income of $1.72T, reflecting +49.8% year-over-year growth. The company earned $332.16 per diluted share over the past four quarters, with a net profit margin of 45.1%.
Looking at the long-term picture, TSM's 5-year EPS compound annual growth rate (CAGR) stands at +27.7%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.74T in fiscal 2025, representing a new all-time high.
Taiwan Semiconductor Manufacturing Company Limited maintains industry-leading profitability with a gross margin of 59.9%, operating margin of 50.8%, and net margin of 45.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including INTC (-$3.17B net income, -0.5% margin), GFS ($885M net income, 13.0% margin), UMC ($50.11B net income, 17.6% margin), TSM has outperformed on profitability metrics. Compare TSM vs INTC →
TSM Earnings vs Peers
Earnings metrics vs comparable public companies
TSM Historical Earnings Data (1997–2025)
29 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.74T | +49.8% | $1.96T | $334.65 | 45.1% | 50.8% |
| 2024 | $1.16T | +36.0% | $1.32T | $223.35 | 40.0% | 45.7% |
| 2023 | $851.74B | -14.2% | $921.47B | $164.25 | 39.4% | 42.6% |
| 2022 | $992.92B | +67.6% | $1.12T | $191.45 | 43.9% | 49.5% |
| 2021 | $592.36B | +16.0% | $649.98B | $114.20 | 37.3% | 40.9% |
| 2020 | $510.74B | +44.3% | $566.78B | $98.50 | 38.1% | 42.3% |
| 2019 | $353.95B | -2.5% | $372.70B | $68.25 | 33.1% | 34.8% |
| 2018 | $363.05B | +5.2% | $383.62B | $70.00 | 35.2% | 37.2% |
| 2017 | $345.00B | +4.0% | $385.56B | $66.50 | 35.3% | 39.4% |
| 2016 | $331.71B | +9.5% | $377.96B | $63.95 | 35.0% | 39.9% |
| 2015 | $302.85B | +19.1% | $320.05B | $58.40 | 35.9% | 37.9% |
| 2014 | $254.30B | +38.2% | $295.87B | $49.05 | 33.3% | 38.8% |
| 2013 | $183.98B | +15.4% | $210.07B | $35.50 | 30.8% | 35.2% |
| 2012 | $159.48B | +18.8% | $181.16B | $30.75 | 31.5% | 35.8% |
| 2011 | $134.20B | -17.0% | $141.56B | $25.90 | 31.4% | 33.2% |
| 2010 | $161.60B | +81.1% | $159.18B | $32.70 | 38.5% | 37.9% |
| 2009 | $89.22B | -10.7% | $91.96B | $17.20 | 30.2% | 31.1% |
| 2008 | $99.93B | -8.5% | $104.44B | $19.05 | 30.0% | 31.3% |
| 2007 | $109.20B | -14.0% | $111.73B | $20.20 | 33.8% | 34.6% |
| 2006 | $126.98B | +35.3% | $127.24B | $23.85 | 40.0% | 40.1% |
| 2005 | $93.86B | +1.5% | $91.24B | $17.90 | 35.1% | 34.1% |
| 2004 | $92.46B | +96.0% | $88.62B | $18.10 | 35.9% | 34.4% |
| 2003 | $47.16B | +118.0% | $51.21B | $9.20 | 23.3% | 25.3% |
| 2002 | $21.63B | +49.4% | $31.65B | $4.20 | 13.3% | 19.5% |
| 2001 | $14.48B | -77.8% | $8.24B | $5.25 | 11.1% | 6.3% |
| 2000 | $65.11B | +176.7% | $61.29B | $13.35 | 39.2% | 36.9% |
| 1999 | $23.53B | +53.6% | $22.27B | $7.80 | 30.8% | 29.2% |
| 1998 | $15.32B | -15.0% | $13.78B | $3.85 | 30.4% | 27.4% |
| 1997 | $18.01B | - | $14.97B | $4.65 | 40.9% | 34.0% |
Download Data
Export TSM earnings history in CSV or JSON format
Free sign-in required to download data
Full Stock Analysis
Deep dive into TSM consensus models and risk factors.
Should I Buy TSM?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
29+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TSM — Frequently Asked Questions
Quick answers to the most common questions about buying TSM stock.
What is TSM earnings per share (EPS)?
TSM trailing twelve-month (TTM) diluted EPS is $332.16, reflecting +49.8% year-over-year growth. The 5-year EPS CAGR is +27.7%. Complete EPS history from 1997 to 2025 is available in the table on this page.
What is Taiwan Semiconductor Manufacturing Company Limited's net income?
Taiwan Semiconductor Manufacturing Company Limited (TSM) trailing twelve-month net income is $1.7T as of 2025. Earnings grew +49.8% year-over-year. Taiwan Semiconductor Manufacturing Company Limited has been profitable for 29 consecutive years.
Is TSM profitable?
Yes, TSM is profitable with a TTM net income of $1.7T and a net profit margin of +45.1%. Taiwan Semiconductor Manufacturing Company Limited has generated profits for 29 consecutive years.
What is TSM's earnings growth rate?
TSM compound annual EPS growth rates (CAGR): 1-Year: +49.8%, 3-Year: +20.5%, 5-Year: +27.7%, 10-Year: +19.1%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1997 to 2025.
What are TSM's profit margins?
Taiwan Semiconductor Manufacturing Company Limited net profit margin is +45.1%, operating margin is +50.8%, and gross margin is +59.9%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +35.7%.
Is TSM growing earnings?
Yes, TSM earnings are accelerating — EPS growth of +49.8% exceeds the 5-year CAGR of +27.7%. TTM net income reached $1.7T. Earnings momentum is strengthening.
What was TSM's best earnings year?
Taiwan Semiconductor Manufacturing Company Limited's highest annual net income on record is $1.7T, achieved in fiscal year 2025. Earnings history on this page spans 1997 to 2025 and includes all annual and quarterly figures.
What were TSM's earnings last quarter?
TSM's most recent reported quarter was Q4 2025. Net income was $510.5B with diluted EPS of $98.45. For a full breakdown of all quarters, see the quarterly earnings table on this page.