Triple Margins Rise in Q3, Profit Tops
GIGABYTE held an investor conference on the 13th and announced its Q3 2026 financial results. Benefiting from strong artificial intelligence server shipments, gross margin, operating margin and net margin rose together in Q3, with EPS reaching Tah Hsin NT$12.8, earning more than one share capital, a record high.
Revenue 1547億元, Up 94.4% YoY
Q3 consolidated revenue reached 1547億元, up 94.4% YoY. Gross margin was 14%, up 4.09 percentage points YoY. Operating profit was 128億元, up 2.74 times YoY, operating margin was 8.3%, up 3.98 percentage points YoY. EPS was 12.8元, up 1.8 times YoY, with both revenue and profit indicators setting record highs.
Server Revenue Exceeds 3100億元 in First 3 Quarters
Cumulative consolidated revenue for the first 3 quarters of this year was about 4040億元, up 63.2% YoY, with server revenue rising to 78%. EPS for the first 3 quarters was 30.52元, up 1.22 times YoY, a record high for the same period. General Manager Yi-Tai Li said server revenue in the first 3 quarters of this year has exceeded 3100億元, a record high, showing triple-digit growth, with customer order demand currently very strong, and growth momentum can continue until the end of 2027. As customers plan installation schedules earlier than before, GIGABYTE continues to allocate capacity and help customers rapidly deploy AI computing power.
2027 Capex to Increase to 40億元
Spokesperson Wen-Chung Liu pointed out that this year's capital expenditure is expected to be about NT$28億 to 30億元 to meet capacity expansion, and 2027 capital expenditure is planned at 40億元. In global capacity layout, in addition to continued capacity expansion at the Nanping Plant in Pingzhen, Taoyuan, Taiwan to support high-end products and system integration, the Los Angeles plant in the US and the Johor plant in Malaysia will also continue to expand. As overseas production bases gradually mature, the importance of local production and localized assembly will continue to increase.
NVIDIA Management Change Does Not Affect Cooperation
On whether NVIDIA management changes will affect the cooperative relationship, Yi-Tai Li emphasized that cooperation with suppliers runs top-down, not only at the management level, but also with deep cooperation in execution, products and marketing, and will not change the overall strategy because of one change, GIGABYTE will continue to work with NVIDIA and the cooperative relationship will not change. General Manager Ying-Yu Lin admitted that supply will still be tight next year, and will respond through close cooperation with upstream and downstream partners and strategic procurement, as missing just one part means it cannot go online. The tighter the supply chain, the more important suppliers that can deliver a complete solution at once become, and GIGABYTE will continue to strengthen supply chain resilience to help customers overcome rapid deployment challenges.