Novatek reports TWD 30 billion revenue. Novatek stock sits 4.79 percent below its high
Published on 10/16/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly operating picture
- Third-quarter revenue exceeded TWD 30.00 billion on October 11, 2026.
- Second-quarter gross margin reached 42.42 percent on August 6, 2026.
- Market capitalization stood at TWD 351.1 billion on October 16, 2026.
Novatek Microelectronics (ISIN TW0003034005) reported third-quarter revenue above TWD 30.00 billion on October 11, 2026, extending a growth trend in display and system-on-chip products. Industry Events reported that stronger September and third-quarter revenue reflected smartphone demand and growth in edge artificial intelligence chips.
Third-quarter demand clears TWD 30 billion
Novatek's September sales reached TWD 10.35 billion, up 25.00 percent from the same month a year earlier and 0.20 percent from August, while revenue for the first nine months reached TWD 82.78 billion, up 6.30 percent year over year, according to TechNews on October 6, 2026.
The company develops display driver integrated circuits and system-on-chip solutions for digital devices, according to Novatek Microelectronics.
What does the margin outlook mean?
Novatek entered the third quarter with second-quarter revenue of TWD 28.66 billion, up 23.80 percent quarter over quarter and 9.60 percent year over year. Its gross margin reached 42.42 percent, above the company guidance range of 38.00 percent to 41.00 percent, according to the earnings-call transcript published by Yahoo Finance on August 6, 2026.
Management guided for third-quarter revenue of TWD 30.00 billion to TWD 31.20 billion, gross margin of 38.50 percent to 41.50 percent and operating margin of 19.00 percent to 22.00 percent. The guidance also identified higher memory, foundry and outsourced packaging costs as pressure points, while Edge AI vision products and smartphone inventory rebuilding support demand.
Three results milestones
On August 6, 2026, Novatek reported second-quarter revenue of TWD 28.66 billion and net income of TWD 6.33 billion. On October 6, 2026, September sales reached TWD 10.35 billion. On October 11, 2026, third-quarter revenue exceeded TWD 30.00 billion, according to Industry Events.
Stock stays below yearly high
Novatek Microelectronics was last at TWD 577.00 on the Taiwan exchange on October 16, 2026 at 1:30 p.m. TST. The quote stood 4.79 percent below the TWD 606.00 52-week high.
Novatek stock facts
- Company: Novatek Microelectronics Corp.
- ISIN: TW0003034005
- Ticker: 3034
- Primary exchange: TAI
- Market capitalization: TWD 351.1 billion (as of October 16, 2026)
- 52-week range: TWD 352.00-606.00 (as of October 16, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report TAIEX.
