Company profile · free preview
Taiwan Semiconductor Manufacturing Company Limited
TSM · NYSE · Technology · Updated 10/17/2026
Revenue
$3.85T
Fiscal 2025
Net income
$1.74T
Fiscal 2025
Free cash flow
$992.4B
Fiscal 2025
Net cash / (debt)
$1.70T
Fiscal 2025
Five-year financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $3.85T | $2.89T | $2.16T | $2.26T | $1.59T |
| Net income | $1.74T | $1.16T | $851.7B | $992.9B | $592.4B |
| Diluted EPS | $333.05 | $230.80 | $159.65 | $198.60 | $113.95 |
| Operating cash flow | $2.27T | $1.83T | $1.24T | $1.61T | $1.11T |
| Free cash flow | $992.4B | $870.2B | $286.6B | $521.0B | $262.7B |
| Cash | $2.77T | $2.13T | $1.47T | $1.34T | $1.06T |
| Total debt | $1.06T | $1.05T | $956.3B | $888.2B | $753.6B |
SEC filings
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Analyst overview
Taiwan Semiconductor Manufacturing Company (TSM) is the world's leading dedicated independent semiconductor foundry, manufacturing integrated circuits for a broad range of customers across various end markets. The company generates revenue by producing chips based on client designs, leveraging its advanced process technology and extensive manufacturing capacity. Its dominant market share and technological leadership provide a significant competitive advantage in the foundry space.
Analysis of multi-year financials shows robust growth in both revenue and earnings. Revenue is projected to increase from 2161.7B in 2023 to 3848.5B in 2025, with net income following a similar trajectory from 851.7B to 1735.7B over the same period. The company consistently generates strong free cash flow, projected at 992.4B in 2025, and maintains a healthy balance sheet, with cash exceeding total debt by a significant margin (2767.9B cash versus 1064.6B total debt in 2025).
Key strengths include its unparalleled technological expertise, extensive customer base, and efficient manufacturing operations. Principal risks involve the highly cyclical nature of the semiconductor industry, geopolitical tensions, and the substantial capital expenditure required to maintain technological leadership. Investors will want to monitor continued advancements in process technology, demand trends for advanced computing, and the company's strategic expansion plans.
AI-generated from published financials and filings · 10/17/2026. Not investment advice.
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