Novatek Q3 Profit Rises 16%, Driven by Strong Revenue

Novatek Microelectronics reported a 16% year-over-year increase in net income for the third quarter of 2026, reaching TWD 16.17 billion, driven by a strong rise in revenue to TWD 82.776 billion. These results, disclosed in a material announcement on November 3rd, demonstrate continued momentum for the Taiwanese semiconductor company.

The company’s accumulated revenue from January 1st to September 30th reached TWD 82.776 billion, translating to a gross profit of TWD 33.862 billion and an operating income of TWD 17.578 billion. Pre-tax income stood at TWD 19.535 billion, ultimately leading to a net income of TWD 16.171 billion, or TWD 26.58 in basic earnings per share. Total assets grew to TWD 112.914 billion, while total liabilities remained at TWD 37.752 billion.

Alongside the positive financial performance, Novatek’s board approved the acquisition of 18 million shares of its subsidiary, Novatek International (BVI) Ltd., for USD 18 million, representing a 13.07% share of total assets and 16.86% of shareholder equity. The company is also considering the purchase of a property in the Hsinchu Science Park for up to TWD 880 million, a move intended to support long-term expansion. This investment in real estate, valued at TWD 888,115,934 by Force Real Estate Appraisal, suggests a commitment to physical infrastructure alongside its core semiconductor business.

The reported Q3 profit increase positions Novatek favorably within the broader semiconductor market, which has seen increased demand, particularly from the AI sector. The company’s strategic investments in its subsidiary and potential expansion of its facilities demonstrate a proactive approach to capitalizing on these opportunities.