ASE Technology Holding Co., Ltd.

Technology

NYSE:ASX · New York Stock Exchange

Market Cap $83.87B Beta 1.48 P/E (TTM) 54.6

$38.23 +3.89%

+$1.43 today

52W Low $9.30High $41.10

Vol 5.84M · Avg 8.22M

EPS (TTM)$10.81

Div Yield0.90%

Semiconductors

Income Statement

Follow revenue through to earnings

Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.

Income Statement Balance Sheet Cash Flow

Earnings Waterfall

Revenue to Net Income

Income Statement

Key Ratios

EPS$21.28

Gross Margin18.2%

Net Margin7.0%

P/E Ratio21.2

P/S Ratio5.9

Analysis

$666.1B of revenue converted into $47.1B of net income for the selected period. Gross margin is 18.2% and net margin is 7.0%, showing how much revenue survives after costs and taxes. EPS is $21.28, tying the income statement back to per-share earnings.

Income Statement

Annual data · 5 periods

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Revenue	$648.9B +6.8%	$607.7B +5.8%	$574.2B -15.5%	$679.1B +20.3%	$564.5B	$809.6M	$921.6M	$731.2M
Cost of Revenue	$534.1B +3.9%	$514.2B +5.3%	$488.5B -10.6%	$546.6B +18.9%	$459.6B	$725.6M	$804.0M	$882.4M

Gross Profit	$114.8B +22.8%	$93.5B +9.1%	$85.7B -35.3%	$132.6B +26.4%	$104.9B	$8.9B	$7.6B	$6.2B

Gross Margin	17.7% +2.3pp	15.4% +0.5pp	14.9% -4.6pp	19.5% +0.9pp	18.6%	9.8%	28.9%	38.3%
Research & Development	$33.0B +12.3%	$29.4B +17.0%	$25.2B +2.0%	$24.7B +18.3%	$20.8B	$983.2M	$1.3B	$490.4M
Selling, General & Admin	$30.8B +33.8%	$23.0B +16.7%	$19.7B -23.1%	$25.6B +17.6%	$21.8B	$620.6M	$923.0M	-$1.5B

Operating Expenses	$63.8B +21.7%	$52.4B +16.8%	$44.9B -10.8%	$50.3B +17.9%	$42.6B	$5.3B	$7.0B	$8.7B
Depreciation & Amortization	$67.8B +13.1%	$60.0B +6.6%	$56.3B +2.3%	$55.0B +3.3%	$53.3B	$374.2M	$1.2B	$631.8M

EBITDA	$125.0B +15.2%	$108.5B +5.0%	$103.4B -26.5%	$140.6B +4.4%	$134.6B	-$15.2B	$6.8B	$9.3B
EBITDA Margin	19.3% +1.4pp	17.9% -0.1pp	18.0% -2.7pp	20.7% -3.2pp	23.9%	5.6%	46.3%	42.0%

Operating Income	$51.0B +24.2%	$41.1B +0.5%	$40.9B -50.3%	$82.3B +32.2%	$62.3B	$12.3B	$14.0B	-$15.7B

Operating Margin	7.9% +1.1pp	6.8% -0.4pp	7.1% -5.0pp	12.1% +1.1pp	11.0%	16.6%	24.1%	22.0%
Interest Income	$0 -100.0%	$1.9B +22.5%	$1.5B +6791.1%	$22.0M +13.1%	$19.4M	-$1.5B	-$1.6B	$405.0M
Interest Expense	$5.6B -16.6%	$6.7B +5.8%	$6.4B +4643.4%	$134.5M +32.7%	$101.4M	$1.1B	$1.0B	$1.2B
Other Income / Expenses	$548.0M -62.7%	$1.5B +26.0%	$1.2B +235.4%	$347.3M -98.0%	$17.3B	-$1.5B	$1.4B	$1.2B

Income Before Tax	$51.6B +21.2%	$42.5B +1.2%	$42.0B -49.1%	$82.6B +3.9%	$79.6B	$3.3B	$4.9B	$3.6B
Pre-Tax Margin	7.9% +0.9pp	7.0% -0.3pp	7.3% -4.8pp	12.2% -1.9pp	14.1%	20.8%	18.7%	26.2%
Income Tax Expense	$9.5B +20.1%	$7.9B -11.3%	$8.9B -46.3%	$16.6B +17.0%	$14.2B	$1.3B	-$1.6B	$745.2M

Net Income	$40.9B +23.3%	$33.2B +5.9%	$31.3B -50.2%	$62.9B -0.7%	$63.3B	$4.9B	$4.8B	$4.7B

Net Margin	6.3% +0.8pp	5.5% +0.0pp	5.5% -3.8pp	9.3% -2.0pp	11.2%	12.4%	17.5%	22.5%
EPS (Basic)	$19 +24.6%	$15 +3.4%	$15 -50.0%	$29 -2.1%	$30	$400.8M	$703.2M	$1.3B
EPS (Diluted)	$18 +27.7%	$14 +0.7%	$14 -48.5%	$28 -3.2%	$29	$766.2M	$609.4M	$452.6M
Weighted Avg Shares	$2.2B -3.5%	$2.2B +4.7%	$2.1B +0.5%	$2.1B -0.7%	$2.2B	$757.8M	$925.8M	$1.1B
Weighted Avg Shares (Diluted)	$2.2B +0.7%	$2.2B +1.2%	$2.2B +0.6%	$2.2B -1.0%	$2.2B	$1.2B	$924.4M	$678.0M