TSMC 2025 Results and Employee Bonuses

TSMC Approves Record Bonuses and Eight Executive Promotions

On February 10, the Taiwan Semiconductor Manufacturing Company (TSMC) held its board meeting for the first time at the Kumamoto, Japan plant, where directors approved eight resolutions for the 2025 fiscal year, including employee performance bonuses and pay.

2025 Financial Results

1. Revenue and Profits:
   • Full-year consolidated revenue reached approximately NT$3,809.05 billion (~US$120.6 billion).
   • After-tax net profit was about NT$1,717.88 billion (~US$54.4 billion).
   • These figures represent year-on-year increases of 31.6 % in revenue and 46.4 % in profit, both all-time highs.
   • Earnings per share were NT$66.25 (~US$2.10).

Shareholders and Dividend Decisions

2. Cash Dividend for Q4 2025:
   • Approved NT$6.0 per share cash dividend (~US$0.19 per share).
   • The dividend record date is June 17, 2026, and the ex-dividend trading date is June 11, 2026.
   • Dividend payments will be issued on July 9, 2026.

Employee Bonuses and Profit Sharing

3. Employee Bonuses and Rewards:
   • Total performance bonuses and rewards are approximately NT$206.14592 billion (~US$6.53 billion), up 46.62 % from about NT$140.5 billion last year.
   • Of this total, NT$103.07296 billion (~US$3.26 billion) was paid as quarterly performance bonuses.
   • The remaining NT$103.07296 billion (~US$3.26 billion) will be paid as annual rewards in July 2026.
   • With about 78,000 employees in Taiwan, average bonuses and rewards per person exceed NT$2.64 million (~US$83,600), up about 31.58 % from NT$2 million (~US$63,300) in 2024.

Capital Expenditure and Financing

4. Capital Budget Approved:
   • A long-term capital budget of up to US$44.962 billion was approved for building and upgrading advanced process capacity, advanced packaging, and facilities.
5. Subsidiary Funding:
   • Approved raising capital for TSMC Global up to US$30 billion to reduce foreign exchange hedging costs.
6. Bond Issuance:
   • Authorized up to NT$60 billion (~US$1.90 billion) in unsecured ordinary corporate bonds in the domestic market to support capacity expansion and green initiatives.

2026 Shareholders Meeting

7. Annual Meeting Date:
   • The 2026 shareholders’ meeting will be held at 9:00 AM on June 4, 2026 at the Sheraton Hsinchu Hotel in Hsinchu, Taiwan.

Executive Promotions

8. Personnel Promotions:
   The board approved eight promotions, including:
   • Dr. Ying-Lang Wang promoted to Senior Vice President (Operations).
   • Dr. Zong-Sheng Zhang promoted to Senior Vice President (Advanced Technology and Photomask Engineering).
   • Dr. Hsien-Yang Wu and Dr. Chu-Hui Yeh promoted to Senior Vice Presidents (R&D Platform).
   • Mr. Yuan-Guo Huang, Mr. Bo-Ren Tian, Mr. Hsueh-Shih Lin, and Dr. Li-Ben Yuan promoted to Vice Presidents in various operational, R&D, and business development roles.