Foxconn Q3 Profit Rises 22%, Investment in Venture Capital Firm

Hon Hai Precision Industry (Foxconn) reported a 22% year-over-year increase in net profit for the first nine months of 2026, reaching NT$217.913 billion (approximately US$6.7 billion), according to a filing with the Taiwan Stock Exchange. This increase reflects robust performance across its key business segments and strategic investments.

Revenue for the same period totaled NT$7.661 trillion, while net income attributable to parent company shareholders reached NT$187.417 billion. The company’s gross profit margin for the period stood at 6.14%, with operating income at NT$285.802 billion. This profitability was achieved alongside total assets of NT$6.194 trillion and total liabilities of NT$3.991 trillion, resulting in shareholder equity of NT$1.979 trillion. The earnings per share (EPS) came in at NT$13.35.

Alongside the positive financial results, Foxconn announced a NT$31.28 billion investment in Hong Yang Venture Capital, acquiring 3,128,096,000 shares at NT$10 per share. This move increases Foxconn’s total holdings in Hong Yang to 4,815,151,297 shares, representing a 99.27% stake. The investment, totaling 16.71% of Foxconn’s total assets and 32.73% of shareholder equity, is designated as a long-term investment, signaling a strategic push into the venture capital space. The company also disclosed a delay in the issuance of its overseas convertible bonds, seeking a three-month extension to secure more favorable market conditions.

Foxconn’s Q3 results demonstrate continued profitability despite ongoing global economic uncertainties. The significant investment in Hong Yang Venture Capital suggests a deliberate strategy to diversify beyond its core manufacturing business and capitalize on emerging technologies, although the impact on earnings will need further monitoring to determine the success of this venture.