ASUSTEK Q3 Net Income Falls 14.5% Amidst Slowing Growth

ASUSTEK Computer Inc. reported a 14.5% year-over-year decrease in net income for the third quarter of 2026, reaching TWD 54.72 billion, despite a 17.6% increase in revenue to TWD 742.43 billion. The decline in profitability signals a potential slowdown in the company’s growth trajectory as it navigates a challenging macroeconomic environment.

The revenue increase was offset by rising operating expenses, which climbed to TWD 64.54 billion from TWD 58.12 billion in the same period last year. This increase, combined with a higher income tax expense of TWD 12.78 billion compared to TWD 11.23 billion previously, squeezed the company’s net income margin. While gross profit rose to TWD 120.69 billion, operating income only increased to TWD 56.15 billion, indicating pressure on core operating profitability.

ASUSTEK’s balance sheet reveals total assets of TWD 1.07 trillion, supported by TWD 819.47 billion in current assets. Total liabilities stand at TWD 687.47 billion, leaving total equity at TWD 382.86 billion and a book value per share of TWD 473.19. The company’s retained earnings grew to TWD 221.44 billion, suggesting continued accumulation of profits despite the recent dip in net income.

The Q3 results reflect broader trends of deceleration in the IT sector, even as overall corporate earnings remain positive. The fall in ASUSTEK's net income, despite a significant revenue increase, underscores the impact of rising costs and a more competitive landscape. The company's earnings per share basic stood at TWD 67.96, down from TWD 79.46 in the prior year, further illustrating the compression of profitability.