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    Bit Market · Q1 2026

    Q1 2026 Roundup

    Memory, storage and chip companies in the January to March 2026 quarter, side by side, from their own releases.

    Operating margin is operating profit divided by revenueThree boxes joined by arrows: revenue, operating profit, and operating margin, which is operating profit divided by revenue.BIT MARKET / Q1 2026 ROUNDUPFrom a release to a marginREVENUE · PROFIT · MARGIN01 REVENUEincome from sales02 PROFITafter costs03 MARGINprofit ÷ revenue

    Q1 2026, against the same quarter a year earlier

    Quarters are calendar quarters. A company’s own fiscal quarter sits in the calendar quarter it ends in, counting a quarter that runs a few days over (a 52- or 53-week year) as ending in it, and its own label is under each figure. Won, yen, New Taiwan dollar and yuan figures are converted to US dollars at the Federal Reserve H.10 average for the quarter; the filed figure is under each. Samsung is its chip division (Device Solutions).

    • Samsung chip division revenue$55.7Bup 225.5% against a year earlier, in the filed currencyfiled ₩81.7Ta year earlier $17.3B (filed ₩25.1T)1Q 2026
    • SK hynix operating margin72%up 29.8 percentage points against a year earliera year earlier 42.2%1Q 2026
    • Micron revenue$23.86Bup 196.3% against a year earliera year earlier $8.053BFQ2 2026
    • Sandisk operating margin69.1%up 180.1 percentage points against a year earliera year earlier −111.0%FQ3 2026
    • Nvidia revenue$68.127BFQ4 FY2026
    • Seagate storage shipped199 EBup 38.6% against a year earliera year earlier 143.6 EBFQ3 2026

    The flash makers now earn margins close to those of the memory makers, going by each company’s own release for the quarter that ends around March 2026. The quarter before is in the Q4 2025 roundup, and the one after is Q2 2026. The Earnings Desk holds every quarter and the company notes behind it.

    The quarter in one line

    The flash makers now earned memory-maker margins: Sandisk 69.1% and Kioxia 60% (non-GAAP), next to Micron’s 67.6% for its quarter ended February 26 and SK hynix’s 72%.

    The quarter in one line

    An operating margin is operating profit divided by revenue

    A fraction: operating profit over revenue equals operating margin.01 OPERATING PROFITwhat is left after costs02 REVENUEwhat the company sold03 OPERATING MARGINthe share of each sale kept
    Figure 1 · How every margin on this page is made from two lines of a company's own release. Illustrative values.

    Memory and flash makers

    Micron earned a 67.6% operating margin on revenue of $23,860 million in its fiscal second quarter, which ended February 26. SK hynix earned 72% and Samsung, for the whole company, 42.7% on revenue of 133.9 trillion won. Kioxia earned 60% on a non-GAAP basis and Sandisk 69.1% on revenue of $5,950 million.

    Memory and flash makers

    SK hynix led the memory and flash makers at a 72% margin

    Operating margin from each company's own release

    Vertical bars of operating margin: SK hynix 72 percent, Sandisk 69.1, Micron 67.6 for its quarter ended February 26, Kioxia 60 non-GAAP, Samsung for the whole company 42.7.Operating margin, %02040608072%SK hynix69.1%Sandisk67.6%Micron(to Feb. 26)60%Kioxia(non-GAAP)42.7%Samsung(all units)CompanyMemory and flash makerWhole company, not only memory
    Figure 2 · Operating margin of five memory and flash makers. Source: the companies' own earnings releases.

    Controllers

    Phison’s operating margin was 36.23% and Silicon Motion’s 15.3%.

    Controllers

    Phison's margin was 36.23%, Silicon Motion's 15.3%

    Operating margin from each company's own release

    Horizontal bars of operating margin: Phison 36.23 percent, Silicon Motion 15.3.Company010203040Operating margin, %Phison36.23%Silicon Motion15.3%Controller company
    Figure 3 · Operating margin of the two controller companies. Source: the companies' own earnings releases.

    Hard drives

    Western Digital earned a 35.7% operating margin and Seagate 32.1%.

    Hard drives

    Western Digital earned 35.7%, Seagate 32.1%

    Operating margin from each company's own release

    Horizontal bars of operating margin: Western Digital 35.7 percent, Seagate 32.1.Company010203040Operating margin, %Western Digital35.7%Seagate32.1%Hard drive maker
    Figure 4 · Operating margin of the two hard drive makers. Source: the companies' own earnings releases.

    What it means for the drive you buy

    Sandisk reports its consumer sales as their own segment. Its Consumer segment brought in $820 million this quarter, against $1,467 million from its Datacenter segment. The Memory Cycle has more on the data center side, and Best SSDs lists the current picks for each tier.

    What it means for the drive you buy

    Sandisk's Datacenter segment brought in more than its Consumer

    Revenue by end market, Sandisk

    Vertical bars of Sandisk revenue in millions of dollars: Datacenter 1,467 and Consumer 820.Revenue, $ million0500100015002000$1,467 millionDatacenter$820 millionConsumerSandisk segmentDatacenter segmentConsumer segment
    Figure 5 · Sandisk revenue from its Datacenter and Consumer segments this quarter. Source: Sandisk's own earnings release.

    Company-reported results, explained. Each company reports on its own fiscal calendar and in its own currency; the Period column says which quarter each row is. Not investment advice.

    01

    Company against company

    Every company’s quarter on the same bars, then the year that led up to it.

    Revenue is in US dollars so every company shares one axis: won, yen, New Taiwan dollar and yuan figures are converted at the Federal Reserve’s average rate for the quarter. Operating margin needs no conversion. Each bar is the company’s own quarter that falls in these months, named on the right.

    Q1 2026 revenue, every companyRevenue in US dollars for each company that reported Q1 2026, sorted largest first, with each company’s own reporting period named on the right.BIT MARKET / Q1 2026Q1 2026 revenue, every companyUS dollars, largest firstREVENUE IN US DOLLARSREPORTED PERIOD$0$20B$40B$60B$80BNvidia FQ4 FY2026: $68.127B (GAAP, C-E-270)Nvidia$68.1BFQ4 FY2026Samsung chips 1Q 2026 Device Solutions: ₩81.7T (K-IFRS, C-E-152), $55.7B at 1465.57 KRW per dollar (H.10, C-E-166)Samsung chips$55.7B1Q 2026SK hynix 1Q 2026: ₩52.5763T (K-IFRS, C-E-897), $35.9B at 1465.57 KRW per dollar (H.10, C-E-166)SK hynix$35.9B1Q 2026TSMC 1Q 2026: NT$1,134.10B (TIFRS, C-E-284), $35.9B at 31.6302 TWD per dollar (H.10, C-E-178)TSMC$35.9B1Q 2026Micron FQ2 2026: $23.86B (GAAP, C-E-474)Micron$23.9BFQ2 2026Intel 1Q 2026: $13.6B (GAAP, C-E-277)Intel$13.6B1Q 2026AMD 1Q 2026: $10.253B (GAAP, C-E-273)AMD$10.3B1Q 2026CXMT 1Q 2026: CN¥50.80015B (CAS, C-E-438), $7.3B at 6.9218 CNY per dollar (H.10, C-E-184)CXMT$7.3B1Q 2026YMTC 1Q 2026: CN¥47.04231B (CAS, C-E-440), $6.8B at 6.9218 CNY per dollar (H.10, C-E-184)YMTC$6.8B1Q 2026Kioxia FY2025 Q4: ¥1,002.9B (IFRS, C-E-904), $6.4B at 156.9 JPY per dollar (H.10, C-E-172)Kioxia$6.4BFY2025 Q4Sandisk FQ3 2026: $5.95B (GAAP, C-E-916)Sandisk$6.0BFQ3 2026WD FQ3 2026: $3.337B (GAAP, C-E-932)WD$3.3BFQ3 2026Seagate FQ3 2026: $3.112B (GAAP, C-E-054)Seagate$3.1BFQ3 2026Marvell FQ4 FY2026: $2.2187B (GAAP, C-E-194)Marvell$2.2BFQ4 FY2026Nanya 1Q 2026: NT$49.087B (TIFRS, C-E-247), $1.6B at 31.6302 TWD per dollar (H.10, C-E-178)Nanya$1.6B1Q 2026Arm FQ4 FY2026: $1.49B (GAAP, C-E-287)Arm$1.5BFQ4 FY2026Longsys 1Q 2026: CN¥9.908726B (CAS, C-E-302), $1.4B at 6.9218 CNY per dollar (H.10, C-E-184)Longsys$1.4B1Q 2026Phison 1Q 2026: NT$40.967B (TIFRS, C-E-161), $1.3B at 31.6302 TWD per dollar (H.10, C-E-178)Phison$1.3B1Q 2026Winbond 1Q 2026: NT$38.253B (TIFRS, C-E-259), $1.2B at 31.6302 TWD per dollar (H.10, C-E-178)Winbond$1.2B1Q 2026Biwin 1Q 2026: CN¥6.814252B (CAS, C-E-305), $984M at 6.9218 CNY per dollar (H.10, C-E-184)Biwin$984M1Q 2026ADATA 1Q 2026: NT$26.1B (TIFRS, C-E-291), $825M at 31.6302 TWD per dollar (H.10, C-E-178)ADATA$825M1Q 2026Transcend 1Q 2026: NT$13.628469B (TIFRS, C-E-298), $431M at 31.6302 TWD per dollar (H.10, C-E-178)Transcend$431M1Q 2026Silicon Motion 1Q 2026: $342.1M (GAAP, C-E-944)Silicon Motion$342M1Q 2026Macronix 1Q 2026: NT$10.469B (TIFRS, C-E-253), $331M at 31.6302 TWD per dollar (H.10, C-E-178)Macronix$331M1Q 2026Maxio 1Q 2026: CN¥355.28M (CAS, C-E-187), $51M at 6.9218 CNY per dollar (H.10, C-E-184)Maxio$51M1Q 2026FADU 1Q 2026: ₩59.5B (K-IFRS preliminary, C-E-334), $41M at 1465.57 KRW per dollar (H.10, C-E-166)FADU$41M1Q 2026
    Each company’s own quarter that falls in these months; won, yen and NT dollar revenue converted at the Federal Reserve H.10 average for the quarter; a dashed bar is preliminary. Source: Company releases; Federal Reserve H.10 via FRED.
    Q1 2026 operating margin, every companyOperating margin for each company that reported Q1 2026, sorted largest first, with each company’s own reporting period named on the right.BIT MARKET / Q1 2026Q1 2026 operating margin, every companyPercent of revenue, largest firstOPERATING MARGINREPORTED PERIOD-25%0%25%50%75%SK hynix 1Q 2026: 72% (K-IFRS, C-E-1041)SK hynix72%1Q 2026Transcend 1Q 2026: 71.8% (TIFRS, C-E-1031)Transcend71.8%1Q 2026Sandisk FQ3 2026: 69.1% (GAAP, C-E-1046)Sandisk69.1%FQ3 2026Micron FQ2 2026: 67.6% (GAAP, C-E-477)Micron67.6%FQ2 2026Samsung chips 1Q 2026: 65.7% (K-IFRS, C-E-153)Samsung chips65.7%1Q 2026Nvidia FQ4 FY2026: 65.0% (GAAP, C-E-994)Nvidia65.0%FQ4 FY2026Nanya 1Q 2026: 61.3% (TIFRS, C-E-247)Nanya61.3%1Q 2026Kioxia FY2025 Q4: 60% (non-GAAP, C-E-1042)Kioxia60%FY2025 Q4TSMC 1Q 2026: 58.1% (TIFRS, C-E-284)TSMC58.1%1Q 2026ADATA 1Q 2026: 47.0% (TIFRS, C-E-1027)ADATA47.0%1Q 2026Phison 1Q 2026: 36.23% (TIFRS, C-E-952)Phison36.23%1Q 2026WD FQ3 2026: 35.7% (GAAP, C-E-936)WD35.7%FQ3 2026Seagate FQ3 2026: 32.1% (GAAP, C-E-941)Seagate32.1%FQ3 2026Arm FQ4 FY2026: 29.4% (GAAP, C-E-287)Arm29.4%FQ4 FY2026Macronix 1Q 2026: 18.5% (TIFRS, C-E-253)Macronix18.5%1Q 2026Marvell FQ4 FY2026: 18.2% (GAAP, C-E-194)Marvell18.2%FQ4 FY2026Silicon Motion 1Q 2026: 15.3% (GAAP, C-E-948)Silicon Motion15.3%1Q 2026AMD 1Q 2026: 14.4% (GAAP, C-E-1055)AMD14.4%1Q 2026FADU 1Q 2026: 12.9% (K-IFRS preliminary, C-E-959)FADU12.9%1Q 2026Intel 1Q 2026: −23.1% (GAAP, C-E-277)Intel−23.1%1Q 2026
    Each company’s own quarter that falls in these months; a loss draws left of zero; a dashed bar is preliminary. Source: Company releases.
    Memory makers: revenue, year to this issueRevenue in US dollars for memory makers over the five quarters up to Q1 2026.BIT MARKET / MEMORY MAKERSMemory makers: revenue, year to this issueUS dollars; the rule marks this issue’s quarterthis issueMEMORY MAKERS$0$20B$40B$60BMicron FQ2 2025: $8.053B (GAAP, C-E-459)Micron FQ3 2025: $9.301B (GAAP, C-E-464)Micron FQ4 2025: $11.315B (GAAP, C-E-886)Micron FQ1 2026: $13.643B (GAAP, C-E-469)Micron FQ2 2026: $23.86B (GAAP, C-E-474)Samsung chips 1Q 2025 Device Solutions: ₩25.1T (K-IFRS, C-E-144), $17.3B at 1452.01 KRW per dollar (H.10, C-E-162)Samsung chips 2Q 2025 Device Solutions: ₩27.9T (K-IFRS, C-E-146), $19.9B at 1399.82 KRW per dollar (H.10, C-E-163)Samsung chips 3Q 2025 Device Solutions: ₩33.1T (K-IFRS, C-E-148), $23.9B at 1386.95 KRW per dollar (H.10, C-E-164)Samsung chips 4Q 2025 Device Solutions: ₩44.0T (K-IFRS, C-E-150), $30.4B at 1448.76 KRW per dollar (H.10, C-E-165)Samsung chips 1Q 2026 Device Solutions: ₩81.7T (K-IFRS, C-E-152), $55.7B at 1465.57 KRW per dollar (H.10, C-E-166)SK hynix 1Q 2025: ₩17.6391T (K-IFRS, C-E-117), $12.1B at 1452.01 KRW per dollar (H.10, C-E-162)SK hynix 2Q 2025: ₩22.232T (K-IFRS, C-E-898), $15.9B at 1399.82 KRW per dollar (H.10, C-E-163)SK hynix 3Q 2025: ₩24.4489T (K-IFRS, C-E-119), $17.6B at 1386.95 KRW per dollar (H.10, C-E-164)SK hynix 4Q 2025: ₩32.8267T (K-IFRS, C-E-121), $22.7B at 1448.76 KRW per dollar (H.10, C-E-165)SK hynix 1Q 2026: ₩52.5763T (K-IFRS, C-E-897), $35.9B at 1465.57 KRW per dollar (H.10, C-E-166)CXMT 1Q 2025: CN¥6.20169B (CAS, C-E-438), $853M at 7.2728 CNY per dollar (H.10, C-E-180)CXMT 2Q 2025: CN¥9.23623B (CAS, C-E-437), $1.3B at 7.2331 CNY per dollar (H.10, C-E-181)CXMT 1Q 2026: CN¥50.80015B (CAS, C-E-438), $7.3B at 6.9218 CNY per dollar (H.10, C-E-184)● Samsung chips $55.7B● SK hynix $35.9B● Micron $23.9B● CXMT $7.3BQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Specialty memory makers: revenue, year to this issueRevenue in US dollars for specialty memory makers over the five quarters up to Q1 2026.BIT MARKET / SPECIALTY MEMORY MAKERSSpecialty memory makers: revenue, year to thisissueUS dollars; the rule marks this issue’s quarterthis issueSPECIALTY MEMORY MAKERS$0$1B$2BNanya 1Q 2025: NT$7.188B (TIFRS, C-E-976), $219M at 32.8916 TWD per dollar (H.10, C-E-174)Nanya 2Q 2025: NT$10.526B (TIFRS, C-E-979), $341M at 30.8775 TWD per dollar (H.10, C-E-175)Nanya 3Q 2025: NT$18.779B (TIFRS, C-E-982), $627M at 29.9447 TWD per dollar (H.10, C-E-176)Nanya 4Q 2025: NT$30.094B (TIFRS, C-E-246), $970M at 31.0232 TWD per dollar (H.10, C-E-177)Nanya 1Q 2026: NT$49.087B (TIFRS, C-E-247), $1.6B at 31.6302 TWD per dollar (H.10, C-E-178)Winbond 1Q 2025: NT$19.993B (TIFRS, C-E-255), $608M at 32.8916 TWD per dollar (H.10, C-E-174)Winbond 2Q 2025: NT$21.018B (TIFRS, C-E-256), $681M at 30.8775 TWD per dollar (H.10, C-E-175)Winbond 3Q 2025: NT$21.771B (TIFRS, C-E-257), $727M at 29.9447 TWD per dollar (H.10, C-E-176)Winbond 4Q 2025: NT$26.624B (computed from the full year, C-E-258), $858M at 31.0232 TWD per dollar (H.10, C-E-177)Winbond 1Q 2026: NT$38.253B (TIFRS, C-E-259), $1.2B at 31.6302 TWD per dollar (H.10, C-E-178)Macronix 1Q 2025: NT$6.137B (TIFRS, C-E-249), $187M at 32.8916 TWD per dollar (H.10, C-E-174)Macronix 2Q 2025: NT$6.799B (TIFRS, C-E-250), $220M at 30.8775 TWD per dollar (H.10, C-E-175)Macronix 3Q 2025: NT$8.214B (TIFRS, C-E-251), $274M at 29.9447 TWD per dollar (H.10, C-E-176)Macronix 4Q 2025: NT$7.729B (TIFRS, C-E-252), $249M at 31.0232 TWD per dollar (H.10, C-E-177)Macronix 1Q 2026: NT$10.469B (TIFRS, C-E-253), $331M at 31.6302 TWD per dollar (H.10, C-E-178)● Nanya $1.6B● Winbond $1.2B● Macronix $331MQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Flash makers: revenue, year to this issueRevenue in US dollars for flash makers over the five quarters up to Q1 2026.BIT MARKET / FLASH MAKERSFlash makers: revenue, year to this issueUS dollars; the rule marks this issue’s quarterthis issueFLASH MAKERS$0$2.5B$5B$7.5BKioxia FY2024 Q4: ¥347.1B (IFRS, C-E-137), $2.3B at 152.4 JPY per dollar (H.10, C-E-168)Kioxia FY2025 Q1: ¥342.8B (IFRS, C-E-1084), $2.4B at 144.49 JPY per dollar (H.10, C-E-169)Kioxia FY2025 Q2: ¥448.3B (IFRS, C-E-1083), $3.0B at 147.51 JPY per dollar (H.10, C-E-170)Kioxia FY2025 Q3: ¥543.6B (IFRS, C-E-905), $3.5B at 154.07 JPY per dollar (H.10, C-E-171)Kioxia FY2025 Q4: ¥1,002.9B (IFRS, C-E-904), $6.4B at 156.9 JPY per dollar (H.10, C-E-172)Sandisk FQ3 2025: $1.695B (GAAP, C-E-093)Sandisk FQ4 2025: $1.901B (GAAP, C-E-1088)Sandisk FQ1 2026: $2.308B (GAAP, C-E-095)Sandisk FQ2 2026: $3.025B (GAAP, C-E-097)Sandisk FQ3 2026: $5.95B (GAAP, C-E-916)YMTC 1Q 2026: CN¥47.04231B (CAS, C-E-440), $6.8B at 6.9218 CNY per dollar (H.10, C-E-184)● YMTC $6.8B● Kioxia $6.4B● Sandisk $6.0BQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    SSD and module brands: revenue, year to this issueRevenue in US dollars for ssd and module brands over the five quarters up to Q1 2026.BIT MARKET / SSD AND MODULE BRANDSSSD and module brands: revenue, year to thisissueUS dollars; the rule marks this issue’s quarterthis issueSSD AND MODULE BRANDS$0$500M$1B$1.5BADATA 1Q 2025: NT$9.908B (TIFRS, C-E-1017), $301M at 32.8916 TWD per dollar (H.10, C-E-174)ADATA 2Q 2025: NT$12.824B (TIFRS, C-E-1020), $415M at 30.8775 TWD per dollar (H.10, C-E-175)ADATA 3Q 2025: NT$14.511B (TIFRS, C-E-1023), $485M at 29.9447 TWD per dollar (H.10, C-E-176)ADATA 4Q 2025: NT$15.845B (TIFRS, C-E-292), $511M at 31.0232 TWD per dollar (H.10, C-E-177)ADATA 1Q 2026: NT$26.1B (TIFRS, C-E-291), $825M at 31.6302 TWD per dollar (H.10, C-E-178)Transcend 1Q 2025: NT$2.982852B (TIFRS, C-E-294), $91M at 32.8916 TWD per dollar (H.10, C-E-174)Transcend 2Q 2025: NT$3.230432B (TIFRS, C-E-295), $105M at 30.8775 TWD per dollar (H.10, C-E-175)Transcend 3Q 2025: NT$4.108501B (TIFRS, C-E-296), $137M at 29.9447 TWD per dollar (H.10, C-E-176)Transcend 4Q 2025: NT$6.803668B (TIFRS, computed from the full year, C-E-297), $219M at 31.0232 TWD per dollar (H.10, C-E-177)Transcend 1Q 2026: NT$13.628469B (TIFRS, C-E-298), $431M at 31.6302 TWD per dollar (H.10, C-E-178)Longsys 1Q 2025: CN¥4.256457B (CAS, C-E-1032), $585M at 7.2728 CNY per dollar (H.10, C-E-180)Longsys 2Q 2025: CN¥5.939199B (CAS, C-E-1068), $821M at 7.2331 CNY per dollar (H.10, C-E-181)Longsys 3Q 2025: CN¥6.538677B (CAS, C-E-1033), $914M at 7.157 CNY per dollar (H.10, C-E-182)Longsys 4Q 2025: CN¥6.031838B (CAS, C-E-301), $851M at 7.0889 CNY per dollar (H.10, C-E-183)Longsys 1Q 2026: CN¥9.908726B (CAS, C-E-302), $1.4B at 6.9218 CNY per dollar (H.10, C-E-184)Biwin 1Q 2025: CN¥1.543334B (CAS, C-E-1034), $212M at 7.2728 CNY per dollar (H.10, C-E-180)Biwin 2Q 2025: CN¥2.369003B (CAS, C-E-1069), $328M at 7.2331 CNY per dollar (H.10, C-E-181)Biwin 3Q 2025: CN¥2.662747B (CAS, C-E-1035), $372M at 7.157 CNY per dollar (H.10, C-E-182)Biwin 4Q 2025: CN¥4.727396B (CAS, C-E-304), $667M at 7.0889 CNY per dollar (H.10, C-E-183)Biwin 1Q 2026: CN¥6.814252B (CAS, C-E-305), $984M at 6.9218 CNY per dollar (H.10, C-E-184)● Longsys $1.4B● Biwin $984M● ADATA $825M● Transcend $431MQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Controller makers: revenue, year to this issueRevenue in US dollars for controller makers over the five quarters up to Q1 2026.BIT MARKET / CONTROLLER MAKERSController makers: revenue, year to this issueUS dollars; the rule marks this issue’s quarterthis issueCONTROLLER MAKERS$0$500M$1B$1.5BSilicon Motion 1Q 2025: $166.5M (GAAP, C-E-111)Silicon Motion 2Q 2025: $198.7M (GAAP, C-E-945)Silicon Motion 3Q 2025: $242.0M (GAAP, C-E-113)Silicon Motion 4Q 2025: $278.5M (GAAP, C-E-115)Silicon Motion 1Q 2026: $342.1M (GAAP, C-E-944)Phison 1Q 2025: NT$13.839B (TIFRS, C-E-133), $421M at 32.8916 TWD per dollar (H.10, C-E-174)Phison 2Q 2025: NT$17.89B (TIFRS, C-E-158), $579M at 30.8775 TWD per dollar (H.10, C-E-175)Phison 3Q 2025: NT$18.137B (TIFRS, C-E-135), $606M at 29.9447 TWD per dollar (H.10, C-E-176)Phison 4Q 2025: NT$22.799B (TIFRS, C-E-159), $735M at 31.0232 TWD per dollar (H.10, C-E-177)Phison 1Q 2026: NT$40.967B (TIFRS, C-E-161), $1.3B at 31.6302 TWD per dollar (H.10, C-E-178)Maxio 1Q 2025: CN¥241.06M (CAS, C-E-955), $33M at 7.2728 CNY per dollar (H.10, C-E-180)Maxio 2Q 2025: CN¥368.66M (CAS, C-E-1067), $51M at 7.2331 CNY per dollar (H.10, C-E-181)Maxio 3Q 2025: CN¥311.15M (CAS, C-E-956), $43M at 7.157 CNY per dollar (H.10, C-E-182)Maxio 4Q 2025: CN¥406.26M (CAS, C-E-186), $57M at 7.0889 CNY per dollar (H.10, C-E-183)Maxio 1Q 2026: CN¥355.28M (CAS, C-E-187), $51M at 6.9218 CNY per dollar (H.10, C-E-184)FADU 1Q 2025: ₩19.2B (K-IFRS, C-E-328), $13M at 1452.01 KRW per dollar (H.10, C-E-162)FADU 2Q 2025: ₩23.7B (K-IFRS, C-E-329), $17M at 1399.82 KRW per dollar (H.10, C-E-163)FADU 3Q 2025: ₩25.6B (K-IFRS, C-E-331), $18M at 1386.95 KRW per dollar (H.10, C-E-164)FADU 4Q 2025: ₩23.9B (K-IFRS, C-E-333), $16M at 1448.76 KRW per dollar (H.10, C-E-165)FADU 1Q 2026: ₩59.5B (K-IFRS preliminary, C-E-334), $41M at 1465.57 KRW per dollar (H.10, C-E-166)● Phison $1.3B● Silicon Motion $342M● Maxio $51M● FADU $41MQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Chip designers (fabless) and IP: revenue, year to this issueRevenue in US dollars for chip designers (fabless) and ip over the five quarters up to Q1 2026.BIT MARKET / CHIP DESIGNERS (FABLESS) AND IPChip designers (fabless) and IP: revenue, year tothis issueUS dollars; the rule marks this issue’s quarterthis issueCHIP DESIGNERS (FABLESS) AND IP$0$25B$50B$75BMarvell FQ1 FY2026: $1.8953B (GAAP, C-E-960)Marvell FQ2 FY2026: $2.0061B (GAAP, C-E-963)Marvell FQ3 FY2026: $2.0745B (GAAP, C-E-193)Marvell FQ4 FY2026: $2.2187B (GAAP, C-E-194)Nvidia FQ1 FY2026: $44.062B (GAAP, C-E-985)Nvidia FQ2 FY2026: $46.743B (GAAP, C-E-988)Nvidia FQ3 FY2026: $57.006B (GAAP, C-E-991)Nvidia FQ4 FY2026: $68.127B (GAAP, C-E-270)AMD 1Q 2025: $7.438B (GAAP, C-E-996)AMD 2Q 2025: $7.685B (GAAP, C-E-999)AMD 3Q 2025: $9.246B (GAAP, C-E-1002)AMD 4Q 2025: $10.27B (GAAP, C-E-274)AMD 1Q 2026: $10.253B (GAAP, C-E-273)Arm FQ4 FY2025: $1.241B (GAAP, C-E-1011)Arm FQ1 FY2026: $1.053B (GAAP, C-E-1014)Arm FQ2 FY2026: $1.135B (GAAP, C-E-289)Arm FQ3 FY2026: $1.242B (GAAP, C-E-288)Arm FQ4 FY2026: $1.49B (GAAP, C-E-287)● Nvidia $68.1B● AMD $10.3B● Marvell $2.2B● Arm $1.5BQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Chip producers (foundry and IDM): revenue, year to this issueRevenue in US dollars for chip producers (foundry and idm) over the five quarters up to Q1 2026.BIT MARKET / CHIP PRODUCERS (FOUNDRY AND IDM)Chip producers (foundry and IDM): revenue, yearto this issueUS dollars; the rule marks this issue’s quarterthis issueCHIP PRODUCERS (FOUNDRY AND IDM)$0$20B$40BTSMC 1Q 2025: NT$839.25B (TIFRS, C-E-280), $25.5B at 32.8916 TWD per dollar (H.10, C-E-174)TSMC 2Q 2025: NT$933.79B (TIFRS, C-E-281), $30.2B at 30.8775 TWD per dollar (H.10, C-E-175)TSMC 3Q 2025: NT$989.92B (TIFRS, C-E-282), $33.1B at 29.9447 TWD per dollar (H.10, C-E-176)TSMC 4Q 2025: NT$1,046.09B (TIFRS, C-E-283), $33.7B at 31.0232 TWD per dollar (H.10, C-E-177)TSMC 1Q 2026: NT$1,134.10B (TIFRS, C-E-284), $35.9B at 31.6302 TWD per dollar (H.10, C-E-178)Intel 1Q 2025: $12.7B (GAAP, C-E-1007)Intel 2Q 2025: $12.9B (GAAP, C-E-1009)Intel 3Q 2025: $13.7B (GAAP, C-E-279)Intel 4Q 2025: $13.7B (GAAP, C-E-278)Intel 1Q 2026: $13.6B (GAAP, C-E-277)● TSMC $35.9B● Intel $13.6BQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Hard drive makers: revenue, year to this issueRevenue in US dollars for hard drive makers over the five quarters up to Q1 2026.BIT MARKET / HARD DRIVE MAKERSHard drive makers: revenue, year to this issueUS dollars; the rule marks this issue’s quarterthis issueHARD DRIVE MAKERS$0$2B$4BWD FQ3 2025: $2.294B (GAAP, C-E-105)WD FQ4 2025: $2.605B (GAAP, C-E-933)WD FQ1 2026: $2.818B (GAAP, C-E-107)WD FQ2 2026: $3.017B (GAAP, C-E-109)WD FQ3 2026: $3.337B (GAAP, C-E-932)Seagate FQ3 2025: $2.16B (GAAP, C-E-099)Seagate FQ4 2025: $2.444B (GAAP, C-E-939)Seagate FQ1 2026: $2.629B (GAAP, C-E-101)Seagate FQ2 2026: $2.825B (GAAP, C-E-103)Seagate FQ3 2026: $3.112B (GAAP, C-E-054)● WD $3.3B● Seagate $3.1BQ1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Memory makers: margin, year to this issueOperating margin for memory makers over the five quarters up to Q1 2026.BIT MARKET / MEMORY MAKERSMemory makers: margin, year to this issuePercent of revenue; the rule marks this issue’s quarterthis issueMEMORY MAKERS0%25%50%75%Micron FQ2 2025: 22.0% (GAAP, C-E-462)Micron FQ3 2025: 23.3% (GAAP, C-E-467)Micron FQ4 2025: 32.3% (GAAP, C-E-890)Micron FQ1 2026: 45.0% (GAAP, C-E-472)Micron FQ2 2026: 67.6% (GAAP, C-E-477)Samsung chips 1Q 2025: 4.4% (K-IFRS, C-E-145)Samsung chips 2Q 2025: 1.4% (K-IFRS, C-E-147)Samsung chips 3Q 2025: 21.1% (K-IFRS, C-E-149)Samsung chips 4Q 2025: 37.3% (K-IFRS, C-E-151)Samsung chips 1Q 2026: 65.7% (K-IFRS, C-E-153)SK hynix 1Q 2025: 42.2% (K-IFRS, C-E-118)SK hynix 2Q 2025: 41% (K-IFRS, C-E-1060)SK hynix 3Q 2025: 46.6% (K-IFRS, C-E-120)SK hynix 4Q 2025: 58.4% (K-IFRS, C-E-122)SK hynix 1Q 2026: 72% (K-IFRS, C-E-1041)● SK hynix 72%● Micron 67.6%● Samsung chips 65.7%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.
    Specialty memory makers: margin, year to this issueOperating margin for specialty memory makers over the five quarters up to Q1 2026.BIT MARKET / SPECIALTY MEMORY MAKERSSpecialty memory makers: margin, year to thisissuePercent of revenue; the rule marks this issue’s quarterthis issueSPECIALTY MEMORY MAKERS-50%0%50%100%Nanya 1Q 2025: −43.9% (TIFRS, C-E-1051)Nanya 2Q 2025: −42.8% (TIFRS, C-E-1052)Nanya 3Q 2025: 6.0% (TIFRS, C-E-984)Nanya 4Q 2025: 39.1% (TIFRS, C-E-246)Nanya 1Q 2026: 61.3% (TIFRS, C-E-247)Macronix 1Q 2025: −17.6% (TIFRS, C-E-249)Macronix 2Q 2025: −15.9% (TIFRS, C-E-250)Macronix 3Q 2025: −13.9% (TIFRS, C-E-251)Macronix 4Q 2025: −5.1% (TIFRS, C-E-252)Macronix 1Q 2026: 18.5% (TIFRS, C-E-253)● Nanya 61.3%● Macronix 18.5%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.
    Flash makers: margin, year to this issueOperating margin for flash makers over the five quarters up to Q1 2026.BIT MARKET / FLASH MAKERSFlash makers: margin, year to this issuePercent of revenue; the rule marks this issue’s quarterthis issueFLASH MAKERS-50%0%50%100%Kioxia FY2024 Q4: 10.8% (non-GAAP, C-E-138)Kioxia FY2025 Q1: 13% (non-GAAP, C-E-1045)Kioxia FY2025 Q2: 19% (non-GAAP, C-E-1044)Kioxia FY2025 Q3: 27% (non-GAAP, C-E-1043)Kioxia FY2025 Q4: 60% (non-GAAP, C-E-1042)Sandisk FQ3 2025: −111.0% (GAAP, C-E-094)−111.0%Sandisk FQ4 2025: 0.9% (GAAP, C-E-1047)Sandisk FQ1 2026: 7.6% (GAAP, C-E-096)Sandisk FQ2 2026: 35.2% (GAAP, C-E-098)Sandisk FQ3 2026: 69.1% (GAAP, C-E-1046)● Sandisk 69.1%● Kioxia 60%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.
    SSD and module brands: margin, year to this issueOperating margin for ssd and module brands over the five quarters up to Q1 2026.BIT MARKET / SSD AND MODULE BRANDSSSD and module brands: margin, year to this issuePercent of revenue; the rule marks this issue’s quarterthis issueSSD AND MODULE BRANDS0%25%50%75%ADATA 1Q 2025: 4.2% (TIFRS, C-E-1019)ADATA 2Q 2025: 9.6% (TIFRS, C-E-1022)ADATA 3Q 2025: 13.2% (TIFRS, C-E-1025)ADATA 4Q 2025: 35.4% (TIFRS, C-E-1059)ADATA 1Q 2026: 47.0% (TIFRS, C-E-1027)Transcend 1Q 2025: 16.1% (TIFRS, C-E-1028)Transcend 2Q 2025: 24.1% (TIFRS, C-E-1029)Transcend 3Q 2025: 36.8% (TIFRS, C-E-1030)Transcend 4Q 2025: 55.6% (TIFRS, computed from the full year, C-E-1074)Transcend 1Q 2026: 71.8% (TIFRS, C-E-1031)● Transcend 71.8%● ADATA 47.0%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.
    Controller makers: margin, year to this issueOperating margin for controller makers over the five quarters up to Q1 2026.BIT MARKET / CONTROLLER MAKERSController makers: margin, year to this issuePercent of revenue; the rule marks this issue’s quarterthis issueCONTROLLER MAKERS-50%0%50%Silicon Motion 1Q 2025: 5.9% (GAAP, C-E-112)Silicon Motion 2Q 2025: 11.2% (GAAP, C-E-949)Silicon Motion 3Q 2025: 12.1% (GAAP, C-E-114)Silicon Motion 4Q 2025: 11.4% (GAAP, C-E-116)Silicon Motion 1Q 2026: 15.3% (GAAP, C-E-948)Phison 1Q 2025: 8.4% (TIFRS, C-E-134)Phison 2Q 2025: 13.11% (TIFRS, C-E-953)Phison 3Q 2025: 7.9% (TIFRS, C-E-136)Phison 4Q 2025: 14.6% (TIFRS, C-E-160)Phison 1Q 2026: 36.23% (TIFRS, C-E-952)FADU 1Q 2025: −62.0% (K-IFRS, C-E-1050)−62.0%FADU 2Q 2025: −53.2% (K-IFRS, C-E-1070)−53.2%FADU 3Q 2025: −44.6% (K-IFRS, C-E-1071)FADU 4Q 2025: −107.8% (K-IFRS, C-E-1072)−107.8%FADU 1Q 2026: 12.9% (K-IFRS preliminary, C-E-959)● Phison 36.23%● Silicon Motion 15.3%● FADU 12.9%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.
    Chip designers (fabless) and IP: margin, year to this issueOperating margin for chip designers (fabless) and ip over the five quarters up to Q1 2026.BIT MARKET / CHIP DESIGNERS (FABLESS) AND IPChip designers (fabless) and IP: margin, year tothis issuePercent of revenue; the rule marks this issue’s quarterthis issueCHIP DESIGNERS (FABLESS) AND IP-25%0%25%50%75%Marvell FQ1 FY2026: 14.3% (GAAP, C-E-962)Marvell FQ2 FY2026: 14.5% (GAAP, C-E-965)Marvell FQ3 FY2026: 17.2% (GAAP, C-E-193)Marvell FQ4 FY2026: 18.2% (GAAP, C-E-194)Nvidia FQ1 FY2026: 49.1% (GAAP, C-E-987)Nvidia FQ2 FY2026: 60.8% (GAAP, C-E-990)Nvidia FQ3 FY2026: 63.2% (GAAP, C-E-1053)Nvidia FQ4 FY2026: 65.0% (GAAP, C-E-994)AMD 1Q 2025: 10.8% (GAAP, C-E-998)AMD 2Q 2025: −1.7% (GAAP, C-E-1054)AMD 3Q 2025: 13.7% (GAAP, C-E-1004)AMD 4Q 2025: 17.1% (GAAP, C-E-1005)AMD 1Q 2026: 14.4% (GAAP, C-E-1055)Arm FQ4 FY2025: 33.0% (GAAP, C-E-1058)Arm FQ1 FY2026: 10.8% (GAAP, C-E-1016)Arm FQ2 FY2026: 14.4% (GAAP, C-E-289)Arm FQ3 FY2026: 14.9% (GAAP, C-E-288)Arm FQ4 FY2026: 29.4% (GAAP, C-E-287)● Nvidia 65.0%● Arm 29.4%● Marvell 18.2%● AMD 14.4%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.
    Chip producers (foundry and IDM): margin, year to this issueOperating margin for chip producers (foundry and idm) over the five quarters up to Q1 2026.BIT MARKET / CHIP PRODUCERS (FOUNDRY AND IDM)Chip producers (foundry and IDM): margin, year tothis issuePercent of revenue; the rule marks this issue’s quarterthis issueCHIP PRODUCERS (FOUNDRY AND IDM)-50%0%50%100%TSMC 1Q 2025: 48.5% (TIFRS, C-E-280)TSMC 2Q 2025: 49.6% (TIFRS, C-E-281)TSMC 3Q 2025: 50.6% (TIFRS, C-E-282)TSMC 4Q 2025: 54.0% (TIFRS, C-E-283)TSMC 1Q 2026: 58.1% (TIFRS, C-E-284)Intel 1Q 2025: −2.4% (GAAP, C-E-1056)Intel 2Q 2025: −24.7% (GAAP, C-E-1057)Intel 3Q 2025: 5.0% (GAAP, C-E-279)Intel 4Q 2025: 4.2% (GAAP, C-E-278)Intel 1Q 2026: −23.1% (GAAP, C-E-277)● TSMC 58.1%● Intel −23.1%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.
    Hard drive makers: margin, year to this issueOperating margin for hard drive makers over the five quarters up to Q1 2026.BIT MARKET / HARD DRIVE MAKERSHard drive makers: margin, year to this issuePercent of revenue; the rule marks this issue’s quarterthis issueHARD DRIVE MAKERS0%20%40%WD FQ3 2025: 33.1% (GAAP, C-E-106)WD FQ4 2025: 26.1% (GAAP, C-E-937)WD FQ1 2026: 28.1% (GAAP, C-E-108)WD FQ2 2026: 30.1% (GAAP, C-E-110)WD FQ3 2026: 35.7% (GAAP, C-E-936)Seagate FQ3 2025: 20.0% (GAAP, C-E-100)Seagate FQ4 2025: 23.2% (GAAP, C-E-942)Seagate FQ1 2026: 26.4% (GAAP, C-E-102)Seagate FQ2 2026: 29.8% (GAAP, C-E-104)Seagate FQ3 2026: 32.1% (GAAP, C-E-941)● WD 35.7%● Seagate 32.1%Q1’25Q2’25Q3’25Q4’25Q1’26
    Up to five quarters ending with this issue; an arrow marks a quarter below the scale, with its value. Source: Company releases.

    EoF indicators

    Each tile follows one company over its own reporting periods. Spending is reported on different bases from company to company, so read each tile across time, not against its neighbors.

    Micron: Operating marginGAAP
    22.0%FQ2 202523.3%FQ3 202532.3%FQ4 202545.0%FQ1 202667.6%FQ2 2026
    Samsung Electronics: Operating marginK-IFRS
    8.5%1Q 20256.3%2Q 202514.1%3Q 202521.4%4Q 202542.7%1Q 2026
    SK hynix: Operating marginK-IFRS
    42.2%1Q 202541%2Q 202546.6%3Q 202558.4%4Q 202572%1Q 2026
    Nanya Technology: Operating marginTIFRS
    −43.9%1Q 2025−42.8%2Q 20256.0%3Q 202539.1%4Q 202561.3%1Q 2026
    Macronix International: Operating marginTIFRS
    −17.6%1Q 2025−15.9%2Q 2025−13.9%3Q 2025−5.1%4Q 202518.5%1Q 2026
    Kioxia: Operating marginnon-GAAP
    10.8%FY2024 Q413%FY2025 Q119%FY2025 Q227%FY2025 Q360%FY2025 Q4
    Sandisk: Operating marginGAAP
    −111.0%FQ3 20250.9%FQ4 20257.6%FQ1 202635.2%FQ2 202669.1%FQ3 2026
    ADATA Technology: Operating marginTIFRS
    4.2%1Q 20259.6%2Q 202513.2%3Q 202535.4%4Q 202547.0%1Q 2026
    Transcend Information: Operating marginTIFRS
    16.1%1Q 202524.1%2Q 202536.8%3Q 202555.6%4Q 202571.8%1Q 2026
    Silicon Motion: Operating marginGAAP
    5.9%1Q 202511.2%2Q 202512.1%3Q 202511.4%4Q 202515.3%1Q 2026
    Phison: Operating marginTIFRS
    8.4%1Q 202513.11%2Q 20257.9%3Q 202514.6%4Q 202536.23%1Q 2026
    FADU: Operating marginK-IFRS preliminary
    −62.0%1Q 2025−53.2%2Q 2025−44.6%3Q 2025−107.8%4Q 202512.9%1Q 2026
    Marvell Technology: Operating marginGAAP
    14.3%FQ1 FY202614.5%FQ2 FY202617.2%FQ3 FY202618.2%FQ4 FY2026
    NVIDIA: Operating marginGAAP
    49.1%FQ1 FY202660.8%FQ2 FY202663.2%FQ3 FY202665.0%FQ4 FY2026
    AMD: Operating marginGAAP
    10.8%1Q 2025−1.7%2Q 202513.7%3Q 202517.1%4Q 202514.4%1Q 2026
    Arm Holdings: Operating marginGAAP
    33.0%FQ4 FY202510.8%FQ1 FY202614.4%FQ2 FY202614.9%FQ3 FY202629.4%FQ4 FY2026
    TSMC: Operating marginTIFRS
    48.5%1Q 202549.6%2Q 202550.6%3Q 202554.0%4Q 202558.1%1Q 2026
    Intel: Operating marginGAAP
    −2.4%1Q 2025−24.7%2Q 20255.0%3Q 20254.2%4Q 2025−23.1%1Q 2026
    Western Digital: Operating marginGAAP
    33.1%FQ3 202526.1%FQ4 202528.1%FQ1 202630.1%FQ2 202635.7%FQ3 2026
    Seagate: Operating marginGAAP
    20.0%FQ3 202523.2%FQ4 202526.4%FQ1 202629.8%FQ2 202632.1%FQ3 2026
    Micron: Capital spending as a share of revenuenet of incentives
    38.3%FQ2 202528.6%FQ3 202543.5%FQ4 202533.0%FQ1 202621.0%FQ2 2026
    Sandisk: Capital spending as a share of revenuenet PP&E
    2.6%FQ3 20252.4%FQ4 20252.2%FQ1 20261.3%FQ2 20260.8%FQ3 2026
    Silicon Motion: Capital spending as a share of revenueas reported
    7.0%1Q 20258.3%3Q 20252.8%4Q 2025
    Western Digital: Capital spending as a share of revenuenet PP&E
    5.6%FQ3 20252.7%FQ4 20252.6%FQ1 20263.0%FQ2 20264.3%FQ3 2026
    Seagate: Capital spending as a share of revenuegross PP&E
    2.0%FQ3 20253.4%FQ4 20254.0%FQ1 20264.1%FQ2 20265.2%FQ3 2026

    02

    Side by side

    Every filed figure for the quarter in one table, each in its own currency and period.

    CompanyPeriodRevenueOperating incomeOperating marginCapex / revenueNAND shareRevenue, year on yearRevenue, last four quarters
    MicronFQ2 2026Dec–Feb$23.86BGAAP$16.135BGAAP67.6%GAAP21.0%net of incentives–up 196.3%filed currency$58.1BUS dollars
    Samsung Electronics1Q 2026Jan–Mar$91.4Bfiled ₩133.9T, K-IFRS$39.0Bfiled ₩57.2T, K-IFRS42.7%K-IFRS––up 69.3%filed currency$271.5BUS dollars
    SK hynix1Q 2026Jan–Mar$35.9Bfiled ₩52.5763T, K-IFRS$25.7Bfiled ₩37.6103T, K-IFRS72%K-IFRS––up 198.1%filed currency$92.0BUS dollars
    Nanya Technology1Q 2026Jan–Mar$1.6Bfiled NT$49.087B, TIFRS$952Mfiled NT$30.111B, TIFRS61.3%TIFRS––up 582.9%filed currency$3.5BUS dollars
    Winbond Electronics1Q 2026Jan–Mar$1.2Bfiled NT$38.253B, TIFRS––––up 91.3%filed currency$3.5BUS dollars
    Macronix International1Q 2026Jan–Mar$331Mfiled NT$10.469B, TIFRS–18.5%TIFRS––up 70.6%filed currency$1.1BUS dollars
    KioxiaFY2025 Q4Jan–Mar$6.4Bfiled ¥1,002.9B, IFRS$3.8Bfiled ¥599.1B, non-GAAP60%non-GAAP––up 188.9%filed currency$15.3BUS dollars
    SandiskFQ3 2026Jan–Mar$5.95BGAAP$4.111BGAAP69.1%GAAP0.8%net PP&E–up 251.0%filed currency$13.2BUS dollars
    ADATA Technology1Q 2026Jan–Mar$825Mfiled NT$26.1B, TIFRS$388Mfiled NT$12.28B, TIFRS47.0%TIFRS––up 163.4%filed currency$2.2BUS dollars
    Transcend Information1Q 2026Jan–Mar$431Mfiled NT$13.628469B, TIFRS$309Mfiled NT$9.785032B, TIFRS71.8%TIFRS––up 356.9%filed currency$892MUS dollars
    Longsys1Q 2026Jan–Mar$1.4Bfiled CN¥9.908726B, CAS––––up 132.8%filed currency$4.0BUS dollars
    Biwin Storage1Q 2026Jan–Mar$984Mfiled CN¥6.814252B, CAS––––up 341.5%filed currency$2.4BUS dollars
    Silicon Motion1Q 2026Jan–Mar$342.1MGAAP$52.2MGAAP15.3%GAAP––up 105.5%filed currency$1.1BUS dollars
    Phison1Q 2026Jan–Mar$1.3Bfiled NT$40.967B, TIFRS$469Mfiled NT$14.841B, TIFRS36.23%TIFRS––up 196.0%filed currency$3.2BUS dollars
    Maxio Technology1Q 2026Jan–Mar$51Mfiled CN¥355.28M, CAS––––up 47.4%filed currency$202MUS dollars
    FADU1Q 2026Jan–Mar$41Mfiled ₩59.5B, K-IFRS preliminary$5Mfiled ₩7.7B, K-IFRS preliminary12.9%K-IFRS preliminary––up 209.9%filed currency$92MUS dollars
    Marvell TechnologyFQ4 FY2026Nov–Jan *$2.2187BGAAP$404.4MGAAP18.2%GAAP–––$8.2BUS dollars
    NVIDIAFQ4 FY2026Nov–Jan *$68.127BGAAP$44.299BGAAP65.0%GAAP–––$215.9BUS dollars
    AMD1Q 2026Jan–Mar$10.253BGAAP$1.476BGAAP14.4%GAAP––up 37.8%filed currency$37.5BUS dollars
    Arm HoldingsFQ4 FY2026Jan–Mar$1.49BGAAP$438MGAAP29.4%GAAP––up 20.1%filed currency$4.9BUS dollars
    TSMC1Q 2026Jan–Mar$35.9Bfiled NT$1,134.10B, TIFRS–58.1%TIFRS––up 35.1%filed currency$132.9BUS dollars
    Intel1Q 2026Jan–Mar$13.6BGAAP–−23.1%GAAP––up 7.1%filed currency$53.9BUS dollars
    Western DigitalFQ3 2026Jan–Mar$3.337BGAAP$1.19BGAAP35.7%GAAP4.3%net PP&E–up 45.5%filed currency$11.8BUS dollars
    SeagateFQ3 2026Jan–Mar$3.112BGAAP$998MGAAP32.1%GAAP5.2%gross PP&E–up 44.1%filed currency$11.0BUS dollars
    CXMT (ChangXin Memory)1Q 2026Jan–Mar$7.3Bfiled CN¥50.80015B, CAS$5.1Bfiled CN¥35.43298B, CAS–––up 719.1%filed currency–
    YMTC (Yangtze Memory)1Q 2026Jan–Mar$6.8Bfiled CN¥47.04231B, CAS$4.8Bfiled CN¥33.52735B, CAS–––––

    Under each period are the months it mostly covers. A star marks a quarter that mostly falls in the calendar quarter before, because the company’s fiscal quarter ends only a month or so into this one. Year-on-year growth compares a company’s quarter with its same quarter a year earlier, in the currency it files in. The last four quarters add each quarter’s revenue in US dollars, shown where all four are filed.

    Won, yen, New Taiwan dollar and yuan figures are converted to US dollars at the Federal Reserve H.10 average for the calendar quarter; the filed figure is under each.

    Sources

    Primary is the original paper, standard or datasheet. Secondary is a review, a vendor summary or a news report. Measured is my own test data.

    Show all 111 sources, 111 primary