Taiwan Semiconductor Manufacturing Company Limited (TPE:2330)

TPE:2330 Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,401,200	2,894,308	2,161,736	2,263,891	1,587,415	1,339,255
Revenue Growth (YoY)	39.48%	33.89%	-4.51%	42.61%	18.53%	25.17%
Cost of Revenue	1,408,712	1,269,954	986,625	915,537	767,878	628,125
Gross Profit	1,992,488	1,624,354	1,175,111	1,348,355	819,537	711,130
Selling, General & Admin	107,270	96,889	71,464	63,445	44,488	35,570
Research & Development	227,842	204,182	182,370	163,262	124,735	109,486
Other Operating Expenses	-757.3	79.7	-188.7	-422.3	59	-720.2
Operating Expenses	334,354	301,150	253,645	226,285	169,282	144,336
Operating Income	1,658,134	1,323,204	921,466	1,122,070	650,255	566,794
Interest Expense	-10,495	-10,495	-11,999	-11,750	-5,414	-2,082
Interest & Investment Income	95,894	87,213	60,294	22,422	5,709	9,018
Earnings From Equity Investments	5,441	4,881	4,800	7,680	5,513	3,562
Currency Exchange Gain (Loss)	10,001	10,001	-2,685	4,506	13,663	-3,303
Other Non Operating Income (Expenses)	-180.6	-7,087	7,936	398	-6,511	9,331
EBT Excluding Unusual Items	1,758,793	1,407,716	979,810	1,145,325	663,215	583,321
Gain (Loss) on Sale of Investments	-725.9	-725.9	-493.9	-462.5	95.9	1,436
Asset Writedown	-1,151	-1,151	-	-790.7	-274.4	-10.2
Pretax Income	1,756,917	1,405,840	979,317	1,144,072	663,036	584,746
Income Tax Expense	314,050	248,316	128,289	150,778	70,155	73,738
Earnings From Continuing Operations	1,442,867	1,157,524	851,028	993,295	592,881	511,008
Minority Interest in Earnings	2,020	856.3	712.3	-371.3	-521.4	-264
Net Income	1,444,887	1,158,380	851,740	992,923	592,359	510,744
Net Income to Common	1,444,887	1,158,380	851,740	992,923	592,359	510,744
Net Income Growth	54.32%	36.00%	-14.22%	67.62%	15.98%	44.30%
Shares Outstanding (Basic)	25,927	25,928	25,929	25,929	25,930	25,930
Shares Outstanding (Diluted)	25,929	25,930	25,929	25,929	25,930	25,930
Shares Change (YoY)	-0.00%	0.00%	-	-0.00%	-	-
EPS (Basic)	55.73	44.68	32.85	38.29	22.84	19.70
EPS (Diluted)	55.72	44.67	32.85	38.29	22.84	19.70
EPS Growth	54.31%	35.99%	-14.21%	67.64%	15.96%	44.30%
Free Cash Flow	937,756	870,171	292,151	527,927	272,965	315,428
Free Cash Flow Per Share	36.17	33.56	11.27	20.36	10.53	12.16
Dividend Per Share	9.000	17.000	13.000	11.000	11.000	10.000
Dividend Growth	-40.00%	30.77%	18.18%	-	10.00%	5.26%
Gross Margin	58.58%	56.12%	54.36%	59.56%	51.63%	53.10%
Operating Margin	48.75%	45.72%	42.63%	49.56%	40.96%	42.32%
Profit Margin	42.48%	40.02%	39.40%	43.86%	37.32%	38.14%
Free Cash Flow Margin	27.57%	30.06%	13.51%	23.32%	17.20%	23.55%
EBITDA	2,355,356	1,976,850	1,444,889	1,551,476	1,065,770	892,168
EBITDA Margin	69.25%	68.30%	66.84%	68.53%	67.14%	66.62%
D&A For EBITDA	697,223	653,647	523,424	429,407	415,515	325,374
EBIT	1,658,134	1,323,204	921,466	1,122,070	650,255	566,794
EBIT Margin	48.75%	45.72%	42.63%	49.56%	40.96%	42.32%
Effective Tax Rate	17.88%	17.66%	13.10%	13.18%	10.58%	12.61%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.