Taiwan Semiconductor Manufacturing annual operating margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Taiwan Semiconductor Manufacturing Operating Margin Growth & History (TSM)
Taiwan Semiconductor Manufacturing's operating margin was 45.68% for fiscal 2024.
View full Taiwan Semiconductor Manufacturing company overviewTaiwan Semiconductor Manufacturing annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 45.68% | +3.05 pp |
| 2023 | 2023-12-31 | 42.63% | −6.90 pp |
| 2022 | 2022-12-31 | 49.53% | +8.58 pp |
| 2021 | 2021-12-31 | 40.95% | −1.37 pp |
| 2020 | 2020-12-31 | 42.32% | +7.49 pp |
| 2019 | 2019-12-31 | 34.83% | −2.36 pp |
| 2018 | 2018-12-31 | 37.19% | −2.25 pp |
| 2017 | 2017-12-31 | 39.45% | −0.43 pp |
| 2016 | 2016-12-31 | 39.87% | +1.93 pp |
| 2015 | 2015-12-31 | 37.94% | — |
Taiwan Semiconductor Manufacturing quarterly operating margin
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 60.34% | +11.84 pp |
| Q1 2026 | 2026-03-31 | 58.10% | +9.09 pp |
| Q3 2025 | 2025-09-30 | 50.58% | +3.09 pp |
| Q2 2025 | 2025-06-30 | 49.63% | +7.08 pp |
| Q1 2025 | 2025-03-31 | 48.51% | +6.49 pp |
| Q4 2024 | 2024-12-31 | 49.02% | — |
| Q3 2024 | 2024-09-30 | 47.49% | — |
| Q2 2024 | 2024-06-30 | 42.55% | — |
| Q1 2024 | 2024-03-31 | 42.02% | — |
Taiwan Semiconductor Manufacturing operating margin trends
Over the last five reported fiscal years, Taiwan Semiconductor Manufacturing's operating margin increased from 34.83% to 45.68%, a change of +10.85 percentage points. The latest reported quarter, Q2 2026, shows 60.34%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Taiwan Semiconductor Manufacturing filings at SEC.gov ↗