Taiwan Semiconductor Manufacturing (TSM) Operating Margin (2009 - 2026)
Taiwan Semiconductor Manufacturing's (TSM) quarterly Operating Margin came in at 58.1% in Q1 2026, up 960.0% YoY from 5.48% in Q1 2025, and up 7.6% on a QoQ basis from 54.0% in Q4 2025.
Taiwan Semiconductor Manufacturing (TSM) Operating Margin (2009 - 2026) Analysis & Trends
Taiwan Semiconductor Manufacturing (TSM) has 18 years of Operating Margin data on file, last reported at 58.1% in Q1 2026.
- Quarterly Operating Margin rose 960.0% year-over-year to 58.1% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 53.26% (up 528.0% YoY) and the FY2025 annual result came in at 50.83%, up 515.0% from the prior year.
- Operating Margin advanced to 58.1% in Q1 2026, from 54.0% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 58.1% in Q1 2026 to a low of 41.6% in Q4 2023.
- A 5-year average of 47.82% and a median of 48.51% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin slumped 1036 bps — and 2024, when it surged 1053 bps.
- Tracing TSM's Operating Margin over 5 years: stood at 51.96% in 2022, then declined by 20 bps to 41.6% in 2023, then rose by 25 bps to 52.13% in 2024, then increased by 4 bps to 54.0% in 2025, then grew by 8 bps to 58.1% in 2026.
- The last three Operating Margin figures came in at 58.1% (Q1 2026), 54.0% (Q4 2025), and 50.58% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 65.60% |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 58.10% |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 48.62% |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 80.37% |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 14.40% |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | 11.14% |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | -273.90% |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | 7.06% |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 42.28% |
| 10 | Analog Devices | 176.27 Bn | 172.83 Bn | 2.44 Bn | 38.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.10% |
| Dec 31, 2025 | 54.00% |
| Sep 30, 2025 | 50.58% |
| Jun 30, 2025 | 49.63% |
| Mar 31, 2025 | 48.51% |
| Dec 31, 2024 | 52.13% |
| Sep 30, 2024 | 47.49% |
| Jun 30, 2024 | 42.55% |
| Mar 31, 2024 | 42.02% |
| Dec 31, 2023 | 41.60% |
| Sep 30, 2023 | 41.71% |
| Jun 30, 2023 | 42.00% |
| Mar 31, 2023 | 45.46% |
| Dec 31, 2022 | 51.96% |
| Sep 30, 2022 | 50.61% |
| Jun 30, 2022 | 49.07% |
| Mar 31, 2022 | 45.57% |
| Dec 31, 2021 | 41.71% |
| Sep 30, 2021 | 41.24% |
| Jun 30, 2021 | 39.14% |