TSMC (NYSE: TSM) posts 30% YoY revenue jump for May 2026
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Taiwan Semiconductor Manufacturing Company Limited reported May 2026 net revenue of about NT$416.98 billion, up 1.5 percent from April 2026 and 30.1 percent from May 2025. Revenue for January through May 2026 reached NT$1,961.80 billion, a 30.0 percent increase versus the same period in 2025.
The company also disclosed funds lent by TSMC Development to a wholly owned U.S. subsidiary, corporate guarantees supporting several wholly owned subsidiaries, and detailed figures on foreign-exchange derivative positions, including notional amounts, mark-to-market values, and realized and unrealized gains and losses.
Positive
- May 2026 net revenue was approximately NT$416.98 billion, up 30.1% from May 2025 and 1.5% from April 2026, while January–May 2026 revenue of NT$1,961.80 billion grew 30.0% year-on-year, indicating strong top-line momentum.
Negative
- None.
Insights
TSMC shows ~30% year-on-year revenue growth with routine treasury activity.
TSMC reported May 2026 net revenue of about NT$416.98 billion, up 30.1% year-on-year and 1.5% month-on-month. For January–May 2026, revenue reached NT$1,961.80 billion, a 30.0% increase versus the same period in 2025, indicating strong demand across its business.
The disclosure also covers intra-group lending limits, guarantees to wholly owned subsidiaries in North America, Global, and Arizona, and detailed foreign-exchange derivative positions. These include an outstanding notional amount of NT$211,234,354 thousand at TSMC with both realized and unrealized gains and losses, plus smaller positions at China, Nanjing, Japan, and TSMC Global applying hedge accounting.
The figures collectively show active but conventional balance-sheet and risk management, with derivatives not linked to equity prices and used mainly for currency exposure. Subsequent periodic disclosures will clarify whether the strong ~30% growth trend persists through later months of 2026.
Key Figures
May 2026 net revenue: NT$416.98 billion
MoM revenue change: 1.5%
YoY May revenue growth: 30.1%
+5 more
8 metrics
May 2026 net revenue
NT$416.98 billion
Consolidated revenue for May 2026; +1.5% MoM, +30.1% YoY
MoM revenue change
1.5%
Increase in net revenue from April 2026 to May 2026
YoY May revenue growth
30.1%
Increase in May 2026 revenue versus May 2025
Jan–May 2026 revenue
NT$1,961.80 billion
Cumulative net revenue January–May 2026; +30.0% YoY
Jan–May YoY growth
30.0%
Increase versus January–May 2025 net revenue
TSMC Development lending outstanding
NT$2,821,950 thousand
Funds lent to TSMC Washington, a wholly owned subsidiary
TSMC FX derivatives notional
NT$211,234,354 thousand
Outstanding notional amount of non-hedge-accounted derivatives at TSMC
TSMC FX derivatives unrealized P/L
NT$3,737,709 thousand
Cumulative unrealized profit/loss on TSMC outstanding FX contracts
Key Terms
financial derivative transactions, endorsements and guarantees, mark to market of outstanding contracts, cumulative unrealized profit/loss, +2 more
6 terms
financial derivative transactions financial
"This is to report the changes or status of...4) financial derivative transactions for May 2026"
endorsements and guarantees financial
"This is to report the changes or status of...3) endorsements and guarantees"
mark to market of outstanding contracts financial
"Mark to Market of Outstanding Contracts | 722,513"
cumulative unrealized profit/loss financial
"Cumulative Unrealized Profit/Loss | 3,737,709"
cumulative realized profit/loss financial
"Cumulative Realized Profit/Loss | (4,296,555)"
hedge accounting financial
"Derivatives applying hedge accounting. ‧TSMC Global"
Hedge accounting is a way companies record the gains and losses from risk-management tools (like contracts that lock prices or rates) so those results line up with the items they protect. Think of it like matching the cost of an insurance policy to the value of the thing insured, which prevents artificial swings in reported profit. For investors, hedge accounting makes a company’s financial results clearer by showing the economic effect of risk management instead of noisy timing differences.
1934 Act Registration No. 1-14700
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
_____________________________
FORM 6-K
_____________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
(Commission File Number: 001-14700)
_____________________________
Taiwan Semiconductor Manufacturing Company Limited
(Translation of Registrant’s Name Into English)
_____________________________
No. 8, Li-Hsin Road 6
Hsinchu Science Park
Hsinchu 300-096, Taiwan
Republic of China
(Address of Principal Executive Offices)
_____________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(1):o
Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(7):o
| SIGNATURES | |||||||||||||||||||||||
| Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. | |||||||||||||||||||||||
| Taiwan Semiconductor Manufacturing Company Limited | ||||||||||||||
| Date: June 10, 2026 | By | /s/ Wendell Huang | ||||||||||||
| Wendell Huang | ||||||||||||||
| Senior Vice President and Chief Financial Officer | ||||||||||||||
TSMC May 2026 Revenue Report
HSINCHU, Taiwan, R.O.C. – June 10, 2026 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for May 2026: On a consolidated basis, revenue for May 2026 was approximately NT$416.98 billion, an increase of 1.5 percent from April 2026 and an increase of 30.1 percent from May 2025. Revenue for January through May 2026 totaled NT$1,961.80 billion, an increase of 30.0 percent compared to the same period in 2025.
TSMC May Revenue Report (Consolidated): | |||||||||||||||||||||||||||||
| (Unit:NT$ million) | |||||||||||||||||||||||||||||
| Period | May 2026 | April 2026 | M-o-M Increase (Decrease) % | May 2025 | Y-o-Y Increase (Decrease) % | January to May 2026 | January to May 2025 | Y-o-Y Increase (Decrease) % | |||||||||||||||||||||
Net Revenue | 416,975 | 410,726 | 1.5 | 320,516 | 30.1 | 1,961,804 | 1,509,337 | 30.0 | |||||||||||||||||||||
| TSMC Spokesperson: | TSMC Media Contacts | ||||||||||||||||
| Wendell Huang Senior Vice President and CFO | Nina Kao Head of Public Relations Tel: 886-3-563-6688 ext.7125036 Mobile: 886-988-239-163 E-Mail: press@tsmc.com | Ulric Kelly Public Relations Tel: 886-3-563-6688 ext.7126541 Mobile: 886-978-111-503 E-Mail: press@tsmc.com | |||||||||||||||
Taiwan Semiconductor Manufacturing Company Limited
This is to report the changes or status of 1) revenue, 2) funds lent to other parties, 3) endorsements and guarantees, and 4) financial derivative transactions for May 2026 (“Current Month”).
Note: “Outstanding” herein means the outstanding balance at the end of Current Month; and “Cumulative” herein represents the accumulated amounts from the beginning of this year till the end of Current Month.
1. Revenue (in NT$ thousands)
| Period | Items | 2026 | 2025 | ||||||||
May | Net Revenue | 416,975,163 | 320,515,951 | ||||||||
Jan.~May | Net Revenue | 1,961,803,721 | 1,509,336,555 | ||||||||
2. Funds lent to other parties (in NT$ thousands)
| Lending Company | Limit of lending | Amount approved by the Board of Directors | Outstanding amount | ||||||||
TSMC Development* | 33,700,918 | 3,762,600 | 2,821,950 | ||||||||
* The borrower is TSMC Washington, a wholly-owned subsidiary of TSMC.
3. Endorsements and guarantees (in NT$ thousands)
| Guarantor | Limit of guarantee | Amount approved by the Board of Directors | Outstanding amount | ||||||||
| TSMC* | 2,356,384,101 | 2,609,153 | 2,609,153 | ||||||||
| TSMC** | 169,317,000 | 169,317,000 | |||||||||
| TSMC*** | 470,040,786 | 342,662,116 | |||||||||
* The guarantee was provided to TSMC North America, a wholly-owned subsidiary of TSMC.
** The guarantee was provided to TSMC Global, a wholly-owned subsidiary of TSMC.
*** The guarantee was provided to TSMC Arizona, a wholly-owned subsidiary of TSMC.
4. Financial derivative transactions (in NT$ thousands)
(1)Derivatives not applying hedge accounting.
‧TSMC
| Forward | ||||||||
Margin Payment | - | |||||||
Premium Income (Expense) | - | |||||||
Existing Contracts | Outstanding Notional Amount | 211,234,354 | ||||||
Mark to Market of Outstanding Contracts | 722,513 | |||||||
Cumulative Unrealized Profit/Loss | 3,737,709 | |||||||
Expired Contracts | Cumulative Notional Amount | 737,936,972 | ||||||
Cumulative Realized Profit/Loss | (4,296,555) | |||||||
Equity price linked product (Y/N) | N | |||||||
‧TSMC China
| Forward | ||||||||
Margin Payment | - | |||||||
Premium Income (Expense) | - | |||||||
Existing Contracts | Outstanding Notional Amount | 1,387,240 | ||||||
Mark to Market of Outstanding Contracts | 3,377 | |||||||
Cumulative Unrealized Profit/Loss | (13,409) | |||||||
Expired Contracts | Cumulative Notional Amount | 6,523,430 | ||||||
Cumulative Realized Profit/Loss | 36,194 | |||||||
Equity price linked product (Y/N) | N | |||||||
‧TSMC Nanjing
| Forward | ||||||||
Margin Payment | - | |||||||
Premium Income (Expense) | - | |||||||
Existing Contracts | Outstanding Notional Amount | 3,406,120 | ||||||
Mark to Market of Outstanding Contracts | 5,591 | |||||||
Cumulative Unrealized Profit/Loss | (18,885) | |||||||
Expired Contracts | Cumulative Notional Amount | 15,728,799 | ||||||
Cumulative Realized Profit/Loss | 67,425 | |||||||
Equity price linked product (Y/N) | N | |||||||
‧Japan Advanced Semiconductor Mfg., Inc.
| Forward | ||||||||
Margin Payment | - | |||||||
Premium Income (Expense) | - | |||||||
Existing Contracts | Outstanding Notional Amount | - | ||||||
Mark to Market of Outstanding Contracts | - | |||||||
Cumulative Unrealized Profit/Loss | (4,241) | |||||||
Expired Contracts | Cumulative Notional Amount | 2,767,287 | ||||||
Cumulative Realized Profit/Loss | 20,888 | |||||||
Equity price linked product (Y/N) | N | |||||||
(2)Derivatives applying hedge accounting.
‧TSMC Global
| Future | ||||||||
Margin Payment | (9,877) | |||||||
Premium Income (Expense) | - | |||||||
Existing Contracts | Outstanding Notional Amount | 319,821 | ||||||
Mark to Market of Outstanding Contracts | (3,138) | |||||||
Cumulative Unrealized Profit/Loss | (2,354) | |||||||
Expired Contracts | Cumulative Notional Amount | 7,258,683 | ||||||
Cumulative Realized Profit/Loss | 17,558 | |||||||
Equity price linked product (Y/N) | N | |||||||
FAQ
How much revenue did TSM (TSMC) generate in May 2026?
TSMC generated about NT$416.98 billion in net revenue in May 2026. This represents a 1.5% increase from April 2026 and a strong 30.1% rise compared with May 2025, highlighting robust monthly sales performance.
What is TSM (TSMC) revenue growth for January to May 2026?
For January through May 2026, TSMC reported net revenue of NT$1,961.80 billion. This is a 30.0% increase versus the same five-month period in 2025, showing sustained demand and significant year-on-year growth early in the year.
Did TSM (TSMC) report any funds lent to other parties in May 2026?
Yes. TSMC disclosed lending activity by TSMC Development, with an outstanding amount of NT$2,821,950 thousand. The borrower is TSMC Washington, a wholly owned subsidiary, reflecting internal group financing rather than third-party lending.
What guarantees did TSM (TSMC) provide to its subsidiaries in May 2026?
TSMC reported guarantees including an outstanding amount of NT$2,609,153 thousand to TSMC North America, NT$169,317,000 thousand to TSMC Global, and NT$342,662,116 thousand to TSMC Arizona. All three are wholly owned subsidiaries supported by these corporate guarantees.
What derivative positions did TSM (TSMC) disclose for May 2026?
TSMC listed foreign-exchange derivatives with an outstanding notional amount of NT$211,234,354 thousand and cumulative unrealized profit/loss of NT$3,737,709 thousand. It also reported cumulative realized profit/loss of NT$(4,296,555) thousand on expired contracts, none linked to equity prices.
Does TSM (TSMC) use hedge accounting for any derivatives?
Yes. TSMC Global applies hedge accounting to some derivatives, with an outstanding notional amount of NT$319,821 thousand. TSMC Global reported cumulative unrealized profit/loss of NT$(2,354) thousand and cumulative realized profit/loss of NT$17,558 thousand on expired contracts.