Taiwan Semiconductor Manufacturing (TSM) Gross Margin (2009 - 2026)
Taiwan Semiconductor Manufacturing's Gross Margin was 67.72% in Q2 2026, up 9.10 percentage points from 58.62% a year earlier and up 1.47 percentage points from the prior quarter.
Taiwan Semiconductor Manufacturing (TSM) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Taiwan Semiconductor Manufacturing's Gross Margin was 64.16% through Jun 30, 2026, up 5.58 percentage points year-over-year; for FY2025, it was 59.89%, up 3.77 percentage points from FY2024.
- Gross Margin shows a five-year change of +6.79 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 56.12% in FY2024 (+1.76 pp), 54.36% in FY2023 (-5.20 pp), 59.56% in FY2022 (+7.93 pp) and 51.63% in FY2021 (-1.47 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin in data going back to Q1 2009.
- Compared with a year earlier, Gross Margin has increased for eight straight quarters, with an average year-over-year change of +5.28 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 9.56 percentage points); the worst was Q4 2023 (a drop of 9.18 percentage points).
- Per Business Quant data, TSM's Gross Margin in the three quarters before Q2 2026 was 66.25% (Q1 2026), 62.33% (Q4 2025) and 59.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,854.57 Bn | 4,628.73 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,048.23 Bn | 1,673.09 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,547.90 Bn | 1,473.95 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 898.76 Bn | 804.40 Bn | 47.05 Bn | 86.76% |
| 5 | Advanced Micro Devices | 787.90 Bn | 744.64 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 577.08 Bn | 532.76 Bn | 5.90 Bn | 51.98% |
| 7 | Intel | 302.53 Bn | 148.59 Bn | 7.10 Bn | 42.97% |
| 8 | Applied Materials | 289.14 Bn | 254.59 Bn | 4.59 Bn | 50.31% |
| 9 | Texas Instruments | 283.10 Bn | 257.98 Bn | 3.89 Bn | 64.19% |
| 10 | Lam Research | 273.87 Bn | 249.92 Bn | 4.30 Bn | 52.30% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.72% |
| Mar 31, 2026 | 66.25% |
| Dec 31, 2025 | 62.33% |
| Sep 30, 2025 | 59.45% |
| Jun 30, 2025 | 58.62% |
| Mar 31, 2025 | 58.79% |
| Dec 31, 2024 | 59.00% |
| Sep 30, 2024 | 57.83% |
| Jun 30, 2024 | 53.17% |
| Mar 31, 2024 | 53.07% |
| Dec 31, 2023 | 53.04% |
| Sep 30, 2023 | 54.26% |
| Jun 30, 2023 | 54.11% |
| Mar 31, 2023 | 56.33% |
| Dec 31, 2022 | 62.22% |
| Sep 30, 2022 | 60.43% |
| Jun 30, 2022 | 59.06% |
| Mar 31, 2022 | 55.63% |
| Dec 31, 2021 | 52.66% |
| Sep 30, 2021 | 51.30% |
Taiwan Semiconductor Manufacturing Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();