UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

 July 2026 

 

Commission File Number 001-16125

  

ASE Technology Holding Co., Ltd.

(Translation of registrant’s name into English)

 

 26, Chin 3rd Road

Kaohsiung, Taiwan

Republic of China

(Address of principal executive offices)

   

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  ☒         Form 40-F ☐    

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ASE TECHNOLOGY HOLDING CO., LTD.
   
 
 Date: July 30, 2026

By:     /s/ Joseph Tung
    Name:  Joseph Tung
    Title:    Chief Financial Officer

 

 

 

 

 

 

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

https://www.aseglobal.com

 
   

ASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial
Results for the Second Quarter of 2026
 

 

Taipei, July 30, 2026 – ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) (“We”, “ASEH”, or the “Company”), the leading provider of semiconductor assembly and testing services (“ATM”) and the provider of electronic manufacturing services (“EMS”), today reported its unaudited1 net revenues of NT$191,064 million for 2Q26, up by 26.7% year-over-year and up by 10.0% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$21,068 million, up from NT$7,521 million in 2Q25 and up from NT$14,132 million in 1Q26.  Basic earnings per share for the quarter were NT$4.80 (or US$0.304 per ADS), compared to NT$1.74 for 2Q25 and NT$3.23 for 1Q26.  Diluted earnings per share for the quarter were NT$4.61 (or US$0.292 per ADS), compared to NT$1.70 for 2Q25 and NT$3.08 for 1Q26.

 

RESULTS OF OPERATIONS

 

2Q26 Results Highlights – Consolidated

 

lNet revenues from packaging operations, testing operations, EMS operations, and others represented approximately 52%, 13%, 34%, and 1% of the total net revenues for the quarter, respectively.

 

lCost of revenues was NT$150,914 million for the quarter, up from NT$138,844 million in 1Q26.

 

-Raw material cost totaled NT$86,253 million for the quarter, representing 45% of the total net revenues.

 

-Labor cost totaled NT$21,920 million for the quarter, representing 11% of the total net revenues.

 

-Depreciation, amortization and rental expenses totaled NT$18,441 million for the quarter.

 

lGross margin increased by 1 percentage point to 21.0% in 2Q26 from 20.0% in 1Q26.

 

lOperating margin was 11.1% in 2Q26, compared to 10.1% in 1Q26.

 

lNon-operating items:

 

-Net interest expense was NT$1,853 million.

 

-Net gain on foreign exchange hedging activities of NT$3,637 million.

 

 

 

1 All financial information presented in this press release is unaudited, consolidated and prepared in accordance with Taiwan-IFRS (International Financial Reporting Standards as endorsed for use in the R.O.C.).  Such financial information is generated internally by us and has not been subjected to the same review and scrutiny, including internal auditing procedures and audit by our independent auditors, to which we subject our year-end audited consolidated financial statements, and may vary materially from the year-end audited consolidated financial information for the same period.  Any evaluation of the financial information presented in this press release should also take into account our published year-end audited consolidated financial statements and the notes to those statements.  In addition, the financial information presented is not necessarily indicative of our results of operations for any future period.

 

1

 

 

-Net gain on equity-method investments was NT$2,298 million.

 

-Other net non-operating income was NT$484 million, primarily attributable to miscellaneous income.

 

Total non-operating income for the quarter was NT$4,566 million.

 

lIncome before tax was NT$25,700 million in 2Q26, compared to NT$18,161 million in 1Q26. We recorded income tax expenses of NT$4,172 million for the quarter, compared to NT$3,629 million in 1Q26.

 

lNet income attributable to shareholders of the parent was NT$21,068 million in 2Q26, compared to NT$7,521 million in 2Q25 and NT$14,132 million in 1Q26.

 

lOur total number of shares outstanding at the end of the quarter was 4,470,572,282, including treasury stock owned by our subsidiaries in 2Q26. Our 2Q26 basic earnings per share of NT$4.80 (or US$0.304 per ADS) were based on 4,386,711,875 weighted average number of shares outstanding in 2Q26.  Our 2Q26 diluted earnings per share of NT$4.61 (or US$0.292 per ADS) were based on 4,505,702,583 weighted average number of shares outstanding in 2Q26.

 

2Q26 Results Highlights – ATM

 

lNet revenues were NT$126,148 million for the quarter, up by 36.3% year-over-year and up by 12.2% sequentially.

 

lCost of revenues was NT$91,657 million for the quarter, up by 26.7% year-over-year and up by 10.1% sequentially.

 

-Raw material cost totaled NT$34,782 million for the quarter, representing 28% of the total net revenues.

 

-Labor cost totaled NT$18,255 million for the quarter, representing 14% of the total net revenues.

 

-Depreciation, amortization and rental expenses totaled NT$16,940 million for the quarter.

 

lGross margin increased by 1.3 percentage points to 27.3% in 2Q26 from 26.0% in 1Q26.

 

lOperating margin was 15.7% in 2Q26, compared to 14.1% in 1Q26.

 

2Q26 Results Highlights – EMS

 

lNet revenues were NT$65,789 million, up by 11.9% year-over-year and up by 6.3% sequentially.

 

lCost of revenues for the quarter was NT$59,916 million, up by 12.6% year-over-year and up by 7.0% sequentially.

 

-Raw material cost totaled NT$51,810 million for the quarter, representing 79% of the total net revenues.

 

-Labor cost totaled NT$3,595 million for the quarter, representing 5% of the total net revenues.

 

-Depreciation, amortization and rental expenses totaled NT$1,259 million for the quarter.

 

lGross margin decreased by 0.6 percentage points to 8.9% in 2Q26 from 9.5% in 1Q26.

 

lOperating margin was 2.4% in 2Q26, compared to 3.0% in 1Q26.

 

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LIQUIdiTY AND CAPITAL RESOURCES

 

lEquipment capital expenditures in 2Q26 totaled US$1,695 million, of which US$840 million was used in packaging operations, US$804 million in testing operations, US$49 million in EMS operations and US$2 million in interconnect materials operations and others.

 

lTotal unused credit lines amounted to NT$396,197 million as of June 30, 2026.

 

lCurrent ratio was 1.07 and net debt to equity ratio was 0.47 as of June 30, 2026.

 

lTotal number of employees was 114,179 as of June 30, 2026, compared to 107,950 as of March 31, 2026.

 

Business Review

 

Customers

 

ATM Basis

 

lOur five largest customers together accounted for approximately 44% of our total net revenues in 2Q26, compared to 43% in 1Q26. One customer accounted for more than 10% of our total net revenues in 2Q26.

 

lOur top 10 customers contributed 60% of our total net revenues in 2Q26, compared to 58% in 1Q26.

 

lOur customers that are integrated device manufacturers or IDMs accounted for 41% of our total net revenues in 2Q26, compared to 38% in 1Q26.

 

EMS Basis

 

lOur five largest customers together accounted for approximately 58% of our total net revenues in 2Q26, compared to 64% in 1Q26. One customer accounted for more than 10% of our total net revenues in 2Q26.

 

lOur top 10 customers contributed 69% of our total net revenues in 2Q26, compared to 71% in 1Q26.

 

About ASE Technology Holding Co., Ltd. 

ASEH is the leading provider of semiconductor manufacturing services in assembly and test. The Company develops and offers complete turnkey solutions covering front-end engineering test, wafer probing and final test, as well as packaging, materials and electronic manufacturing services through USI with superior technologies, breakthrough innovations, and advanced development programs. With advanced technological capabilities and a global presence spanning Taiwan, China, South Korea, Japan, Singapore, Malaysia, the Philippines, Vietnam, Mexico, and Tunisia as well as the United States and Europe, ASEH has established a reputation for reliable, high quality products and services.  

For more information, please visit our website at https://www.aseglobal.com.

 

Safe Harbor Notice 

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended.  These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995.  Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.  The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release.  These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with

 

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cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2025 Annual Report on Form 20-F filed on April 1, 2026.

 

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Supplemental Financial Information

(Unaudited)

 

 

Consolidated Operations 

  2Q26 1Q26 2Q25
EBITDA2 (NT$ million) 45,779 38,147 27,426

 

ATM Operations 

  2Q26 1Q26 2Q25
Net Revenues (NT$ million) 126,148 112,434 92,565
Revenues by Application      
Communication 41% 43% 46%
Computing 30% 27% 24%
Automotive, Consumer & Others 29% 30% 30%
Revenues by Type      
Bumping, Flip Chip, WLP & SiP 49% 49% 47%
Wirebonding 24% 24% 28%
Others 6% 7% 5%
Testing 19% 19% 18%
Material 2% 1% 2%
Capacity & EBITDA      
Equipment CapEx (US$ million) 1,646 963 942
EBITDA2 (NT$ million) 41,491 34,524 24,295
Number of Wirebonders 24,815 24,926 25,156
Number of Testers 8,348 7,585 6,797

 

EMS Operations 

  2Q26 1Q26 2Q25
Net Revenues (NT$ million) 65,789 61,875 58,770
Revenues by Application      
Communication 30% 25% 33%
Computing 16% 15% 10%
Consumer 28% 35% 32%
Industrial 16% 14% 14%
Automotive 8% 9% 9%
Others 2% 2% 2%
Capacity      
Equipment CapEx (US$ million) 49 40 49

 

 

 

2 EBITDA stands for net income or loss before interest, taxes, depreciation, amortization, impairment and investment gain or loss as well as other items.

 

5

 

 

ASE Technology Holding Co., Ltd.

Summary of Consolidated Statement of Income Data

(In NT$ million, except per share data)

(Unaudited)

 

 

  For the three months ended   For the six months ended
 

Jun. 30 

2026 

 

Mar. 31 

2026 

(Retrospectively Adjusted) 

 

Jun. 30 

2025 

 

Jun. 30 

2026 

(Retrospectively Adjusted) 

 

Jun. 30 

2025 

 
Net revenues                    
Packaging 99,387   88,981   73,659   188,368   142,070  
Testing 23,665   21,041   16,612   44,706   32,616  
EMS 65,411   61,361   58,374   126,772   120,234  
Others 2,601   2,279   2,105   4,880   3,983  
Total net revenues 191,064   173,662   150,750   364,726   298,903  
                     
Cost of revenues (150,914)   (138,844)   (125,063)   (289,758)   (248,323)  
Gross profit 40,150   34,818   25,687   74,968   50,580  
                     
Operating expenses                    
Research and development (10,229)   (9,210)   (8,004)   (19,439)   (15,583)  
Selling, general and administrative (8,787)   (8,115)   (7,490)   (16,902)   (15,133)  
Total operating expenses (19,016)   (17,325)   (15,494)   (36,341)   (30,716)  
Operating income 21,134   17,493   10,193   38,627   19,864  
                     
Net non-operating income and expenses                    
Interest expense - net (1,853)   (1,576)   (1,203)   (3,429)   (2,459)  
Foreign exchange gain (loss) - net 738   (2,225)   11,885   (1,487)   10,210  
Gain (Loss) on valuation of financial assets and liabilities - net 2,899   3,063   (12,098)   5,962   (9,225)  
Gain on equity-method investments - net 2,298   728   223   3,026   263  
Others - net 484   678   255   1,162   412  
Total non-operating income and expenses 4,566   668   (938)   5,234   (799)  
Income before tax 25,700   18,161   9,255   43,861   19,065  
                     
Income tax expense (4,172)   (3,629)   (1,576)   (7,801)   (3,598)  
Income from operations and before non-controlling interests 21,528   14,532   7,679   36,060   15,467  
Non-controlling interests (460)   (400)   (158)   (860)   (392)  
                     
Net income attributable to shareholders of the parent 21,068   14,132   7,521   35,200   15,075  
                     
Per share data:                    
Earnings per share                    
– Basic NT$4.80   NT$3.23   NT$1.74   NT$8.04   NT$3.48  
– Diluted NT$4.61   NT$3.08   NT$1.70   NT$7.64   NT$3.34  
                     
Earnings per equivalent ADS                    
– Basic US$0.304   US$0.205   US$0.111   US$0.509   US$0.218  
– Diluted US$0.292   US$0.195   US$0.109   US$0.485   US$0.209  
                     
Number of weighted average shares used in diluted EPS calculation (in thousand shares) 4,505,703   4,485,186   4,395,187   4,498,971   4,406,107  
                     
FX (NTD/USD) 31.59   31.53   31.18   31.56   31.99  

 

6

 

 

ASE Technology Holding Co., Ltd.

Summary of ATM Statement of Income Data

(In NT$ million)

(Unaudited)

 

 

  For the three months ended   For the six months ended
 

Jun. 30

2026

 

Mar. 31

2026

 

Jun. 30

2025

 

Jun. 30

2026

 

Jun. 30

2025

 
Net revenues:                    
Packaging 100,324   89,673   74,440   189,997   143,800  
Testing 23,665   21,041   16,612   44,706   32,616  
Direct material 2,057   1,621   1,431   3,678   2,650  
Others 102   99   82   201   167  
Total net revenues 126,148   112,434   92,565   238,582   179,233  
                     
Cost of revenues (91,657)   (83,236)   (72,317)   (174,893)   (139,374)  
Gross profit 34,491   29,198   20,248   63,689   39,859  
                     
Operating expenses:                    
Research and development (8,384)   (7,497)   (6,320)   (15,881)   (12,363)  
Selling, general and administrative (6,325)   (5,824)   (5,111)   (12,149)   (10,344)  
Total operating expenses (14,709)   (13,321)   (11,431)   (28,030)   (22,707)  
Operating income 19,782   15,877   8,817   35,659   17,152  

 

7

 

 

ASE Technology Holding Co., Ltd.

Summary of EMS Statement of Income Data

(In NT$ million)

(Unaudited)

 

 

  For the three months ended   For the six months ended
 

Jun. 30

2026

 

 

Mar. 31

2026

(Retrospectively Adjusted)

 

Jun. 30

2025

 

 

Jun. 30

2026

(Retrospectively Adjusted)

 

Jun. 30

2025 

 
                     
Net revenues 65,789   61,875   58,770   127,664   121,065  
                     
Cost of revenues (59,916)   (56,013)   (53,221)   (115,929)   (109,988)  
Gross profit 5,873   5,862   5,549   11,735   11,077  
                     
Operating expenses                    
Research and development (1,887)   (1,751)   (1,723)   (3,638)   (3,303)  
Selling, general and administrative (2,417)   (2,244)   (2,313)   (4,661)   (4,653)  
Total operating expenses (4,304)   (3,995)   (4,036)   (8,299)   (7,956)  
Operating income 1,569   1,867   1,513   3,436   3,121  

 

8

 

 

ASE Technology Holding Co., Ltd 

Summary of Consolidated Balance Sheet Data

(In NT$ million)

(Unaudited)

 

 

     

As of Jun. 30, 2026 

   

As of Mar. 31, 2026 

(Retrospectively Adjusted) 

Current assets            
Cash and cash equivalents     91,292     87,811
Financial assets – current     16,081     26,141
Trade receivables     143,318     126,007
Inventories     86,268     76,056
Others     23,440     21,696
Total current assets     360,399     337,711
             
Financial assets - non-current & investments - equity -method     67,851     50,602
Property, plant and equipment     517,816     459,502
Right-of-use assets     13,996     12,265
Intangible assets     66,284     65,247
Others     44,988     32,450
Total assets     1,071,334     957,777
             
Current liabilities            
Short-term borrowings3     60,063     49,724
Long-term debts - current portion     11,787     6,091
Trade payables     99,516     86,898
Others     165,433     151,789
Total current liabilities     336,799     294,502
             
Bonds payable     14,985     1,999
Long-term borrowings3     209,603     199,142
Other liabilities     90,750     80,832
Total liabilities     652,137     576,475
             
Equity attributable to shareholders of the parent     389,205     350,610
Non-controlling interests     29,992     30,692
Total liabilities & shareholders’ equity     1,071,334     957,777
             
             
Current ratio     1.07     1.15
Net debt to equity ratio     0.47     0.40

 

 

 

3 Borrowings include bank loans and bills payable.

 

9

 

 

ASE Technology Holding Co., Ltd.

Summary of Consolidated Statement of Cash Flow Data

(In NT$ million)

(Unaudited)

 

 

    For the three months ended   For the six months ended  
    Jun. 30
2026
  Mar. 31
2026
(Retrospectively
Adjusted)
  Jun. 30
2025
  Jun. 30
2026
(Retrospectively
Adjusted)
  Jun. 30
2025
 
                       
Cash Flows from Operating Activities                      
Income before tax   25,700   18,161   9,255   43,861   19,065  
Depreciation & amortization   20,000   18,669   16,531   38,669   32,623  
Other operating activities items   1,314   (443)   11,059   871   5,130  
Net cash generated from operating activities   47,014   36,387   36,845   83,401   56,818  
Cash Flows from Investing Activities                      

Net payments for property, plant 

and equipment 

  (79,849)   (44,092)   (43,104)   (123,941)   (79,453)     
Other investment activities items   (3,235)   (1,653)   (469)   (4,888)   (1,681)  
Net cash used in investing activities   (83,084)   (45,745)   (43,573)   (128,829)   (81,134)  
Cash Flows from Financing Activities                      
Total net proceeds from borrowings and bonds   39,864   73   22,159   39,937   38,308  
Other financing activities items   (710)   765   (662)   55   (400)  
Net cash generated from financing activities   39,154   838   21,497   39,992   37,908  
Foreign currency exchange effect   397   3,862   (19,084)   4,259   (17,300)  
Net increase (decrease) in cash and cash equivalents   3,481   (4,658)   (4,315)   (1,177)   (3,708)  
Cash and cash equivalents at the beginning of period   87,811   92,469   77,100   92,469   76,493  
Cash and cash equivalents at the end of period   91,292   87,811   72,785   91,292   72,785  

 

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