Bit Market · Q3 2026 · ADATA Technology

ADATA 3Q 2026

Record sales, up 38.9% on the quarter, but ADATA kept less of each one. Its operating margin fell to 28.9% from 33.5% in the second quarter.

Revenue: $1.7B; 3Q 2026, filed NT$52.993B
Operating income: $479M; 3Q 2026, filed NT$15.314B
Operating margin: 28.9%; 3Q 2026

ADATA Technology across the Earnings Desk charts

ADATA’s third-quarter 2026 results set records on sales and slipped on margin, which makes them a useful read on chip costs and on what SSDs and memory could cost you. Revenue was NT$53.0 billion, up 38.9% from the second quarter. Operating margin fell to 28.9% from 33.5%, and gross margin fell to 35.88% from 42.1%. A record quarter with thinner margins points at costs rising faster than prices, though the release leaves room for other readings. The other companies are side by side in the Q3 2026 roundup, and The Memory Cycle covers why costs move.

What happened

ADATA’s release for the third quarter of 2026 reports record results. Revenue was NT$53.0 billion, up 38.9% from the second quarter and 265.2% from a year earlier, and operating profit was NT$15.31 billion.

Profit grew more slowly than sales. Operating profit rose 20% on the quarter, so by my arithmetic from the release’s table the operating margin fell to 28.9% from 33.5% in the second quarter. A year earlier it was 13.2%. Gross margin was 35.88%, against 42.1% in the second quarter.

What happened

Operating margin fell to 28.9% from 33.5% in a quarter

ADATA operating profit as a share of revenue

Figure 1 · Operating margin a year earlier, in the second quarter and in the third quarter of 2026. Source: ADATA release for the third quarter of 2026; margin worked out from its table.

What it means for flash

Gross margin is the gap between what ADATA’s products cost it and what it sells them for, and that gap narrowed while sales grew by more than a third. My reading is that its memory costs rose faster than its own prices. A shift toward lower-margin products would narrow it too, and the release gives no bit shipments, prices or product mix to tell the two apart.

What it means for flash

Gross margin narrowed while sales grew

ADATA, second against third quarter of 2026

Figure 2 · Both margins fell; the release gives no bit shipments, prices or product mix to say why. Source: ADATA release for the third quarter of 2026; operating margin worked out from its table.

What it means for the drive you buy

The release says nothing about retail prices. If rising chip costs are what squeezed the margin, ADATA is passing them on rather than cutting prices, and nothing in this quarter points to cheaper SSDs or memory yet.

What it means for the drive you buy

Cost reaches the price only if ADATA passes it on

Two ways a cost increase can travel

Figure 3 · How a chip cost increase could reach a retail price; the release reports no retail prices, so no values are drawn. Illustrative values.

Company-reported results, explained. Not investment advice.

The figures

ADATA Technology quarter by quarter, each bar as filed, the latest quarter filled.

RevenueTIFRS

Operating incomeTIFRS

Operating marginTIFRS

Against its group

ADATA beside the other SSD and module brands that have filed Q3 2026.

Revenue is in US dollars so every company shares one axis, converted at the Federal Reserve’s average rate for the quarter. Each bar is the company’s own quarter that falls in these months. The group report reads them together.

Each company’s own quarter that falls in these months; non-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.

Each company’s own quarter that falls in these months; a loss draws left of zero; a dashed bar is preliminary. Source: Company releases.

Company	Period	Revenue	Operating income	Operating margin	Capex / revenue	NAND share	Revenue, year on year	Revenue, last four quarters
ADATA Technology	3Q 2026Jul–Sep	$1.7Bfiled NT$52.993B, TIFRS	$479Mfiled NT$15.314B, TIFRS	28.9%TIFRS	–	–	up 265.2%filed currency	$4.2BUS dollars
Transcend Information	3Q 2026Jul–Sep	$502Mfiled NT$16.067459B, TIFRS	$263Mfiled NT$8.412452B, TIFRS	52.4%TIFRS	–	–	up 291.1%filed currency	$1.7BUS dollars
Longsys	3Q 2026Jul–Sep	$2.2Bfiled CN¥14.629869B, CAS	–	–	–	–	up 123.7%filed currency	$6.5BUS dollars
Biwin Storage	3Q 2026Jul–Sep	$911Mfiled CN¥6.142233B, CAS	–	–	–	–	up 130.7%filed currency	$3.8BUS dollars

Under each period are the months it mostly covers. 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 1 sources, 1 primary

PrimaryADATA Announces Q3 2026 Financial Results (publisher page printed to PDF)ADATA Technology, 2026