Taiwan Semiconductor Manufacturing Co Ltd
TSM- Exchange
- NYSE
- Industry
- Semiconductors & Related Devices
- SEC CIK
- 0001046179
In the last 90 days, Taiwan Semiconductor Manufacturing Co Ltd insiders filed 64 open-market purchases and 0 sales; 3,602 institutions reported holding it in 13F filings for Q2 2026, worth $363.3B in total; 17 superinvestors hold it, including Coatue Management and Tiger Global Management.
Other share classesTSMWF
- Currency
- TWD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:14 PM ET
Amounts are in TWD, the currency Taiwan Semiconductor Manufacturing Co Ltd reports in. Lines marked ≈ US$ convert key figures to US dollars.
Revenue flow, FY2024
Where the revenue went in FY2024, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Revenue | TWD 2.89T≈ US$90.2B | TWD 2.16T≈ US$69.4B | TWD 2.26T≈ US$76.1B | TWD 1.59T≈ US$56.8B | TWD 1.34T≈ US$45.5B |
| Cost of revenue | TWD 1.27T | TWD 986.6B | TWD 915.5B | TWD 767.9B | TWD 628.1B |
| Gross profit | TWD 1.62T | TWD 1.18T | TWD 1.35T | TWD 819.5B | TWD 711.1B |
| Operating expenses | TWD 301.1B | TWD 253.8B | TWD 226.7B | TWD 169.2B | TWD 145.1B |
| Research and development | TWD 204.2B | TWD 182.4B | TWD 163.3B | TWD 124.7B | TWD 109.5B |
| Selling, general and administrative | TWD 83.7B | TWD 60.9B | TWD 53.5B | TWD 36.9B | TWD 28.5B |
| Operating income | TWD 1.32T | TWD 921.5B | TWD 1.12T | TWD 650.0B | TWD 566.8B |
| Interest expense | TWD 10.5B | TWD 12.0B | TWD 11.8B | TWD 5.41B | TWD 2.08B |
| Income tax | TWD 248.3B | TWD 128.3B | TWD 150.8B | TWD 70.2B | TWD 73.7B |
| Net income | TWD 1.16T≈ US$36.1B | TWD 851.0B≈ US$27.3B | TWD 993.3B≈ US$33.4B | TWD 592.9B≈ US$21.2B | TWD 511.0B≈ US$17.4B |
| EPS, basic | TWD 44.68 | TWD 32.85 | TWD 38.29 | TWD 22.84 | TWD 19.70 |
| EPS, diluted | TWD 44.67 | TWD 32.85 | TWD 38.29 | TWD 22.84 | TWD 19.70 |
| Weighted shares, basic | 25.9B | 25.9B | 25.9B | 25.9B | 25.9B |
| Weighted shares, diluted | 25.9B | 25.9B | 25.9B | – | – |
| Margins and growth | |||||
| Gross margin | 56.1% | 54.4% | 59.6% | 51.6% | 53.1% |
| Operating margin | 45.7% | 42.6% | 49.5% | 40.9% | 42.3% |
| Net margin | 40.0% | 39.4% | 43.9% | 37.3% | 38.2% |
| Revenue growth, year over year | +33.9% | −4.5% | +42.6% | +18.5% | +25.2% |
| Net income growth, year over year | +36.0% | −14.3% | +67.5% | +16.0% | +44.3% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | TWD 2.13T | TWD 1.47T | TWD 1.34T | TWD 1.06T | TWD 660.2B |
| Short-term investments | TWD 207.7M | TWD 924.6M | TWD 1.07B | TWD 159.0M | TWD 2.26B |
| Accounts receivable | TWD 270.7B | TWD 201.3B | TWD 229.8B | TWD 197.6B | TWD 145.5B |
| Inventory | TWD 287.9B | TWD 251.0B | TWD 221.1B | TWD 193.1B | TWD 137.4B |
| Total current assets | TWD 3.09T | TWD 2.19T | TWD 2.05T | TWD 1.61T | TWD 1.09T |
| Property, plant and equipment | TWD 3.23T | TWD 3.06T | TWD 2.69T | TWD 1.98T | TWD 1.56T |
| Intangible assets | TWD 26.3B | TWD 22.8B | TWD 26.0B | TWD 26.8B | TWD 25.8B |
| Total assets | TWD 6.69T≈ US$204.1B | TWD 5.53T≈ US$180.7B | TWD 4.96T≈ US$161.6B | TWD 3.73T≈ US$134.3B | TWD 2.76T≈ US$98.3B |
| Accounts payable | TWD 72.8B | TWD 55.7B | TWD 54.9B | TWD 47.3B | TWD 39.0B |
| Short-term debt | TWD 59.9B | TWD 9.29B | TWD 19.3B | TWD 114.9B | TWD 88.6B |
| Total current liabilities | TWD 1.31T | TWD 942.8B | TWD 986.6B | TWD 758.4B | TWD 631.9B |
| Long-term debt | TWD 31.8B | TWD 4.38B | TWD 4.76B | TWD 3.31B | TWD 1.97B |
| Total liabilities | TWD 2.41T | TWD 2.08T | TWD 2.05T | TWD 1.57T | TWD 924.8B |
| Shareholders' equity | TWD 4.28T | TWD 3.45T | TWD 2.92T | TWD 2.15T | TWD 1.84T |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Operating cash flow | TWD 1.83T≈ US$56.9B | TWD 1.24T≈ US$39.9B | TWD 1.61T≈ US$54.2B | TWD 1.11T≈ US$39.8B | TWD 822.7B≈ US$27.9B |
| Capital expenditures | TWD 956.0B | TWD 949.8B | TWD 1.08T | TWD 839.2B | TWD 507.2B |
| Free cash flow | TWD 870.2B≈ US$27.1B | TWD 292.2B≈ US$9.38B | TWD 527.9B≈ US$17.8B | TWD 273.0B≈ US$9.77B | TWD 315.4B≈ US$10.7B |
| Stock-based compensation | TWD 1.24B | TWD 483.0M | TWD 302.4M | TWD 7.80M | TWD 6.60M |
| Dividends paid | TWD 363.1B | TWD 291.7B | TWD 285.2B | TWD 265.8B | TWD 259.3B |
| Investing cash flow | TWD -864.8B | TWD -906.1B | TWD -1.19T | TWD -836.4B | TWD -505.8B |
| Financing cash flow | TWD -346.3B | TWD -204.9B | TWD -200.2B | TWD 136.6B | TWD -88.6B |
| Net change in cash | TWD 662.2B | TWD 122.6B | TWD 277.8B | TWD 404.8B | TWD 204.8B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Dec 31, 2025 | 25.9B | 0.0% | SEC |
| Dec 31, 2024 | 25.9B | 0.0% | SEC |
| Dec 31, 2023 | 25.9B | 0.0% | SEC |
| Dec 31, 2022 | 25.9B | 0.0% | SEC |
| Dec 31, 2021 | 25.9B | 0.0% | SEC |
| Dec 31, 2020 | 25.9B | 0.0% | SEC |
| Dec 31, 2019 | 25.9B | 0.0% | SEC |
| Dec 31, 2018 | 25.9B | 0.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- ≈ US$ figures convert TWD at FRED H.10 exchange rates (Federal Reserve): the average rate over the period for income and cash flow, and the rate on the period-end date, or the last business day before it, for the balance sheet.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.