Taiwan Semiconductor (TSM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Taiwan Semiconductor (TSM) last issued guidance on July 16, 2026 for Q3 2026. The company guided revenue in the range of $44.6B - $45.8B for the period.
Compared to prior guidance, Taiwan Semiconductor raised its revenue forecast from a prior range of $39B - $40.2B.
Taiwan Semiconductor has issued 19 guidance updates between October 13, 2022 and July 16, 2026. During this period, the company raised its outlook 12 times and lowered it 6 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $3.77 | $3.31 | $2.79 | $2.59 |
| Actual | $4.31 | $3.49 | $3.14 | $2.92 |
| Surprise | +14.3% | +5.44% | +12.5% | +12.7% |
| Revenue | ||||
| Estimate | $39.76B | $35.50B | $33.27B | $31.50B |
| Actual | $40.20B | $35.90B | $33.73B | $33.10B |
| Surprise | +1.11% | +1.12% | +1.38% | +5.07% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $4.45 | $4.64 | $4.53 | $4.96 |
| Revenue | ||||
| Consensus | $45.54B | $47.79B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 16, 2026 | $4.31 | $3.77 | 14.3 % |
| Q1 | Apr 16, 2026 | $3.49 | $3.31 | 5.44 % |
| Q4 | Jan 15, 2026 | $3.14 | $2.79 | 12.5 % |
| Q3 | Oct 16, 2025 | $2.92 | $2.59 | 12.7 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 16, 2026 | $40.20B | $39.76B | 1.11 % |
| Q1 | Apr 16, 2026 | $35.90B | $35.50B | 1.12 % |
| Q4 | Jan 15, 2026 | $33.73B | $33.27B | 1.38 % |
| Q3 | Oct 16, 2025 | $33.10B | $31.50B | 5.07 % |