Taiwan Semiconductor Manufacturing (TSM) Operating Expenses (2009 - 2026)
Taiwan Semiconductor Manufacturing's (TSM) quarterly Operating Expenses came in at $3.0 billion in Q1 2026, up 14.7% YoY from $2.6 billion in Q1 2025, and down 70.53% on a QoQ basis from $10.1 billion in Q4 2025.
Taiwan Semiconductor Manufacturing (TSM) Operating Expenses (2009 - 2026) Analysis & Trends
Taiwan Semiconductor Manufacturing (TSM) has 18 years of Operating Expenses data on file, last reported at $3.0 billion in Q1 2026.
- Quarterly Operating Expenses rose 14.7% year-over-year to $3.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.7 billion (up 23.84% YoY) and the FY2025 annual result came in at $10.1 billion, up 135.82% from the prior year.
- Operating Expenses retreated to $3.0 billion in Q1 2026, from $10.1 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $10.1 billion in Q4 2025 to a low of $1.7 billion in Q1 2022.
- A 5-year average of $3.7 billion and a median of $2.5 billion in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 32.58% — and 2024, when it slipped 0.83%.
- Tracing TSM's Operating Expenses over 5 years: stood at $7.2 billion in 2022, then gained by 10.29% to $8.0 billion in 2023, then slipped by 0.83% to $7.9 billion in 2024, then rose by 27.5% to $10.1 billion in 2025, then plunged by 70.53% to $3.0 billion in 2026.
- The last three Operating Expenses figures came in at $3.0 billion (Q1 2026), $10.1 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 2.97 Bn |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 4.63 Bn |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 3.94 Bn |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | 4.71 Bn |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | 2.13 Mn |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | -1.16 Bn |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 1.04 Bn |
| 10 | Analog Devices | 176.27 Bn | 172.83 Bn | 2.44 Bn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.97 Bn |
| Dec 31, 2025 | 10.10 Bn |
| Sep 30, 2025 | 2.94 Bn |
| Jun 30, 2025 | 2.74 Bn |
| Mar 31, 2025 | 2.59 Bn |
| Dec 31, 2024 | 7.92 Bn |
| Sep 30, 2024 | 2.45 Bn |
| Jun 30, 2024 | 2.18 Bn |
| Mar 31, 2024 | 2.08 Bn |
| Dec 31, 2023 | 7.98 Bn |
| Sep 30, 2023 | 2.17 Bn |
| Jun 30, 2023 | 1.90 Bn |
| Mar 31, 2023 | 1.82 Bn |
| Dec 31, 2022 | 7.24 Bn |
| Sep 30, 2022 | 1.98 Bn |
| Jun 30, 2022 | 1.82 Bn |
| Mar 31, 2022 | 1.74 Bn |
| Dec 31, 2021 | 6.09 Bn |
| Sep 30, 2021 | 1.50 Bn |
| Jun 30, 2021 | 1.45 Bn |