Taiwan Semiconductor Manufacturing (TSM) Operating Expenses (2009 - 2026)
Taiwan Semiconductor Manufacturing (TSM) reported Operating Expenses of $3.13 billion for the quarter ended Jun 30, 2026, up 14.2% from $2.74 billion a year earlier and up 5.3% from the prior quarter.
Taiwan Semiconductor Manufacturing (TSM) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Taiwan Semiconductor Manufacturing's Operating Expenses came in at $11.89 billion, up 13.6% year-over-year; for the year ended Dec 31, 2025, it was $11.02 billion, up 20.0% from the prior year.
- Operating Expenses has increased for eight consecutive years, with a five-year compound annual growth rate of 16.4% (years ended Dec 2020 to Dec 2025).
- By year, Operating Expenses came in at $9.18 billion in the year ended Dec 31, 2024 (+10.8%), $8.29 billion in the year ended Dec 31, 2023 (+12.4%), $7.38 billion in the year ended Dec 31, 2022 (+20.9%) and $6.1 billion in the year ended Dec 31, 2021 (+18.1%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Operating Expenses in data going back to the quarter ended Mar 31, 2009.
- Year over year, Operating Expenses has now increased in each of the last 28 quarters, with growth averaging 17.1% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 4.3% in the quarter ended Jun 30, 2023 to 32.6% in the quarter ended Sep 30, 2022.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $2.97 billion (quarter ended Mar 31, 2026), $2.85 billion (quarter ended Dec 31, 2025) and $2.94 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,515.53 Bn | 5,289.69 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,348.76 Bn | 1,974.46 Bn | 27.22 Bn | 3.13 Bn |
| 3 | Broadcom | 1,668.85 Bn | 1,594.89 Bn | 20.46 Bn | 4.50 Bn |
| 4 | Micron Technology | 1,189.94 Bn | 1,128.71 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 992.04 Bn | 948.79 Bn | 6.20 Bn | 4.21 Bn |
| 6 | Asml Holding | 682.73 Bn | 638.57 Bn | 5.90 Bn | - |
| 7 | Intel | 585.14 Bn | 469.87 Bn | 6.51 Bn | 4.71 Bn |
| 8 | Lam Research | 393.49 Bn | 370.29 Bn | 3.48 Bn | 965.25 Mn |
| 9 | Applied Materials | 386.29 Bn | 351.73 Bn | 4.59 Bn | 1.51 Bn |
| 10 | Arm Holdings | 300.61 Bn | 286.32 Bn | 1.25 Bn | -1.16 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.13 Bn |
| Mar 31, 2026 | 2.97 Bn |
| Dec 31, 2025 | 2.85 Bn |
| Sep 30, 2025 | 2.94 Bn |
| Jun 30, 2025 | 2.74 Bn |
| Mar 31, 2025 | 2.59 Bn |
| Dec 31, 2024 | 2.68 Bn |
| Sep 30, 2024 | 2.45 Bn |
| Jun 30, 2024 | 2.18 Bn |
| Mar 31, 2024 | 2.08 Bn |
| Dec 31, 2023 | 2.25 Bn |
| Sep 30, 2023 | 2.17 Bn |
| Jun 30, 2023 | 1.90 Bn |
| Mar 31, 2023 | 1.82 Bn |
| Dec 31, 2022 | 2.06 Bn |
| Sep 30, 2022 | 1.98 Bn |
| Jun 30, 2022 | 1.82 Bn |
| Mar 31, 2022 | 1.74 Bn |
| Dec 31, 2021 | 1.72 Bn |
| Sep 30, 2021 | 1.50 Bn |
Taiwan Semiconductor Manufacturing Operating Expenses 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=operating-expenses&ticker=TSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=TSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();