TSM
Taiwan Semiconductor Manufacturing
NYSE: TSM · TECHNOLOGY · SEMICONDUCTORS
$393.83
+0.38% today
Updated 2026-04-29
Market cap
$2.04T
P/E ratio
33.66
P/S ratio
0.50x
EPS (TTM)
$11.70
Dividend yield
0.89%
52W range
$169 – $415
Volume
13.4M
Taiwan Semiconductor Manufacturing (TSM) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
8 of 8
Last 8 quarters
Avg EPS surprise
+8.9%
Last 4 quarters
Revenue YoY growth
+36.5%
Most recent quarter
EPS YoY growth
+64.6%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+0.6%
Last 8 reports
Positive reaction rate
50%
4 of 8 quarters
Largest single-day move
+7.1%
2024-10-17
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-04-16 | $3.49 | +8.4% | $375.10 | $370.50 | -1.2% |
| 2026-01-15 | $3.14 | +10.6% | $326.21 | $341.46 | +4.7% |
| 2025-10-16 | $2.92 | +9.8% | $303.08 | $293.50 | -3.2% |
| 2025-07-17 | $2.47 | +6.9% | $235.55 | $238.37 | +1.2% |
| 2025-04-17 | $2.12 | +3.4% | $149.87 | $146.10 | -2.5% |
| 2025-01-16 | $2.24 | +0.9% | $203.54 | $208.16 | +2.3% |
| 2024-10-17 | $1.94 | +8.4% | $183.93 | $196.98 | +7.1% |
| 2024-07-18 | $1.48 | +3.5% | $167.35 | $162.04 | -3.2% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-03-31 | $3.22 | $3.49 | +8.4% | $1.15T | +36.5% |
| 2025-12-31 | $2.84 | $3.14 | +10.6% | $1.06T | +21.6% |
| 2025-09-30 | $2.66 | $2.92 | +9.8% | $989.92B | +30.3% |
| 2025-06-30 | $2.31 | $2.47 | +6.9% | $933.79B | +38.6% |
| 2025-03-31 | $2.05 | $2.12 | +3.4% | $839.25B | +41.6% |
| 2024-12-31 | $2.22 | $2.24 | +0.9% | $868.46B | +38.8% |
| 2024-09-30 | $1.79 | $1.94 | +8.4% | $759.69B | +39.0% |
| 2024-06-30 | $1.43 | $1.48 | +3.5% | $673.51B | — |
| 2024-03-31 | $1.32 | $1.38 | +4.5% | $592.64B | — |
| 2023-12-31 | $1.37 | $1.45 | +5.8% | $625.53B | — |
| 2023-09-30 | $1.17 | $1.29 | +10.3% | $546.73B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $92.16 | $5120.0B | +0.3% | 41 | high |
| 2027 (E) | $115.21 | $6410.0B | +0.3% | 41 | high |
| 2028 (E) | $149.82 | $8167.0B | +0.3% | 41 | medium |
| 2029 (E) | $195.76 | $10416.0B | +0.3% | 41 | medium |
| 2030 (E) | $192.78 | $10850.0B | +15.7% | 7 | medium |
Frequently asked questions
Has Taiwan Semiconductor Manufacturing beaten earnings estimates?
Taiwan Semiconductor Manufacturing has beaten Wall Street EPS estimates in 8 of its last 8 quarterly reports, with an average EPS surprise of +8.9% over the last 4 quarters.
How does TSM stock react to earnings?
TSM stock has moved an average of +0.6% in the trading day following earnings over its last 8 reports, with positive reactions in 50% of those quarters.
What is Taiwan Semiconductor Manufacturing's revenue growth rate?
Taiwan Semiconductor Manufacturing reported year-over-year revenue growth of +36.5% in its most recent quarter, with EPS growing +64.6% year-over-year.
What is the expected EPS for TSM in 2026?
Analysts expect Taiwan Semiconductor Manufacturing to report EPS of $92.16 for fiscal year 2026, on revenue of $5120.0B, based on estimates from 41 analysts.