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ASE Technology Holding Delivers Strong Q1 2026 Profit Growth on Robust ATM Business

Story Highlights
  • ASE Technology’s Q1 2026 revenue rose 17% year on year, with margins and earnings nearly doubling on improved mix.
  • ATM revenue and profitability surged, offsetting softer EMS sales as ASE invested heavily to expand advanced packaging capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ASE Technology Holding Delivers Strong Q1 2026 Profit Growth on Robust ATM Business

Meet Samuel – Your Personal Investing Prophet

ASE Technology Holding Co ( (ASX) ) has shared an update.

In the first quarter of 2026, ASE Technology Holding posted consolidated net revenue of NT$173.66 billion, down 2% quarter on quarter but up 17% year on year, with gross margin improving to 20.1% and operating margin to 10.1%. Net income attributable to shareholders nearly doubled from a year earlier to NT$14.15 billion, lifting diluted EPS to NT$3.08, while a stronger ATM segment more than offset softer EMS revenue.

ATM revenue grew 30% year on year to NT$112.43 billion with gross margin at 26.0% and operating income up 90% year on year, driven by robust demand in computing and automotive-related applications. EMS revenue slipped 1% year on year to NT$61.88 billion, but margins improved modestly, and ASE continued to invest heavily in property, plant and equipment, keeping net debt-to-equity at 0.40 as of March 31, 2026, underscoring its drive to expand advanced packaging capacity and strengthen its competitive position in the semiconductor supply chain.

The most recent analyst rating on (ASX) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on ASE Technology Holding Co stock, see the ASX Stock Forecast page.

Spark’s Take on ASX Stock

According to Spark, TipRanks’ AI Analyst, ASX is a Neutral.

The score is driven by strong technical uptrend and a constructive earnings outlook for ATM/LEAP expansion, partly offset by weak cash conversion (negative 2025 free cash flow) and a relatively elevated P/E with only modest dividend support.

To see Spark’s full report on ASX stock, click here.

More about ASE Technology Holding Co

ASE Technology Holding Co., Ltd. is a leading Taiwanese provider of outsourced semiconductor assembly, testing and electronics manufacturing services, supplying packaging, testing and related solutions to communication, computing, automotive, consumer and industrial markets worldwide. The company operates through its ATM (assembly, testing and material) and EMS (electronics manufacturing services) businesses, with a substantial global manufacturing footprint and significant capital investment in advanced semiconductor production capacity.

Average Trading Volume: 7,855,116

Technical Sentiment Signal: Buy

Current Market Cap: $68.85B

For detailed information about ASX stock, go to TipRanks’ Stock Analysis page.

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