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

 

 October 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: October 29, 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 Third Quarter of 2026

 

Taipei, October 29, 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$244,161 million for 3Q26, up by 44.8% year-over-year and up by 27.8% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$26,996 million, up from NT$10,870 million in 3Q25 and up from NT$21,065 million in 2Q26.  Basic earnings per share for the quarter were NT$6.13 (or US$0.384 per ADS), compared to NT$2.50 for 3Q25 and NT$4.80 for 2Q26.  Diluted earnings per share for the quarter were NT$5.84 (or US$0.365 per ADS), compared to NT$2.41 for 3Q25 and NT$4.61 for 2Q26.

 

RESULTS OF OPERATIONS

 

3Q26 Results Highlights – Consolidated

 

lNet revenues from packaging operations, testing operations, EMS operations, and others represented approximately 50%, 11%, 38%, and 1% of the total net revenues for the quarter, respectively.

 

lCost of revenues was NT$190,194 million for the quarter, up from NT$150,917 million in 2Q26.

 

-Raw material cost totaled NT$116,793 million for the quarter, representing 48% of the total net revenues.

 

-Labor cost totaled NT$23,777 million for the quarter, representing 10% of the total net revenues.

 

-Depreciation, amortization and rental expenses totaled NT$20,664 million for the quarter.

 

lGross margin increased by 1.1 percentage points to 22.1% in 3Q26 from 21.0% in 2Q26.

 

lOperating margin was 13.6% in 3Q26, compared to 11.1% in 2Q26.

 

lNon-operating items:

 

-Net interest expense was NT$2,611 million.

 

-Net gain on foreign exchange hedging activities was NT$1,176 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.

 

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-Net gain on equity-method investments was NT$190 million.

 

-Other net non-operating income was NT$813 million, primarily attributable to miscellaneous income.

 

Total non-operating expenses for the quarter were NT$432 million.

 

lIncome before tax was NT$32,710 million in 3Q26, compared to NT$25,696 million in 2Q26. We recorded income tax expense of NT$4,831 million for the quarter, compared to NT$4,171 million in 2Q26.

 

lNet income attributable to shareholders of the parent was NT$26,996 million in 3Q26, compared to NT$10,870 million in 3Q25 and NT$21,065 million in 2Q26.

 

lOur total number of shares outstanding at the end of the quarter was 4,488,092,493, including treasury stock owned by our subsidiaries in 3Q26. Our 3Q26 basic earnings per share of NT$6.13 (or US$0.384 per ADS) were based on 4,403,114,522 weighted average number of shares outstanding in 3Q26.  Our 3Q26 diluted earnings per share of NT$5.84 (or US$0.365 per ADS) were based on 4,532,143,664 weighted average number of shares outstanding in 3Q26.

 

3Q26 Results Highlights – ATM

 

lNet revenues were NT$151,485 million for the quarter, up by 51.0% year-over-year and up by 20.1% sequentially.

 

lCost of revenues was NT$105,073 million for the quarter, up by 35.4% year-over-year and up by 14.6% sequentially.

 

-Raw material cost totaled NT$40,974 million for the quarter, representing 27% of the total net revenues.

 

-Labor cost totaled NT$20,013 million for the quarter, representing 13% of the total net revenues.

 

-Depreciation, amortization and rental expenses totaled NT$19,131 million for the quarter.

 

lGross margin increased by 3.3 percentage points to 30.6% in 3Q26 from 27.3% in 2Q26.

 

lOperating margin was 20.0% in 3Q26, compared to 15.7% in 2Q26.

 

3Q26 Results Highlights – EMS

 

lNet revenues were NT$93,469 million, up by 35.4% year-over-year and up by 42.1% sequentially.

 

lCost of revenues for the quarter was NT$85,676 million, up by 36.8% year-over-year and up by 43.0% sequentially.

 

-Raw material cost totaled NT$76,221 million for the quarter, representing 82% of the total net revenues.

 

-Labor cost totaled NT$3,698 million for the quarter, representing 4% of the total net revenues.

 

-Depreciation, amortization and rental expenses totaled NT$1,289 million for the quarter.

 

lGross margin decreased by 0.6 percentage points to 8.3% in 3Q26 from 8.9% in 2Q26.

 

lOperating margin was 3.3% in 3Q26, compared to 2.4% in 2Q26.

 

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LIQUIdiTY AND CAPITAL RESOURCES

 

lEquipment capital expenditures in 3Q26 totaled US$2,104 million, of which US$991 million was used in packaging operations, US$1,067 million in testing operations, US$41 million in EMS operations and US$5 million in interconnect materials operations and others.

 

lTotal unused credit lines amounted to NT$457,283 million as of September 30, 2026.

 

lCurrent ratio was 1.16 and net debt to equity ratio was 0.66 as of September 30, 2026.

 

lTotal number of employees was 119,346 as of September 30, 2026, compared to 114,558 as of June 30, 2026.

 

Business Review

 

Customers

 

ATM Basis

 

lOur five largest customers together accounted for approximately 46% of our total net revenues in 3Q26, compared to 44% in 2Q26. One customer accounted for more than 10% of our total net revenues in 3Q26.

 

lOur top 10 customers contributed 63% of our total net revenues in 3Q26, compared to 60% in 2Q26.

 

lOur customers that are integrated device manufacturers or IDMs accounted for 46% of our total net revenues in 3Q26, compared to 41% in 2Q26.

 

EMS Basis

 

lOur five largest customers together accounted for approximately 70% of our total net revenues in 3Q26, compared to 58% in 2Q26. Two customers each accounted for more than 10% of our total net revenues in 3Q26 individually.

 

lOur top 10 customers contributed 78% of our total net revenues in 3Q26, compared to 69% in 2Q26.

 

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 

  3Q26 2Q26 3Q25
EBITDA2 (NT$ million) 57,963 45,779 32,613

 

ATM Operations 

  3Q26 2Q26 3Q25
Net Revenues (NT$ million) 151,485 126,148 100,289
Revenues by Application      
Communication 38% 41% 45%
Computing 34% 30% 25%
Automotive, Consumer & Others 28% 29% 30%
Revenues by Type      
Bumping, Flip Chip, WLP & SiP 51% 49% 48%
Wirebonding 24% 24% 26%
Others 6% 6% 6%
Testing 17% 19% 18%
Material 2% 2% 2%
Capacity & EBITDA      
Equipment CapEx (US$ million) 2,063 1,646 736
EBITDA2 (NT$ million) 52,440 41,491 27,969
Number of Wirebonders 24,801 24,815 25,120
Number of Testers 8,831 8,348 7,066

 

EMS Operations 

  3Q26 2Q26 3Q25
Net Revenues (NT$ million) 93,469 65,789 69,022
Revenues by Application      
Communication 19% 22% 30%
Computing 21% 16% 9%
Consumer 41% 36% 40%
Industrial 12% 16% 12%
Automotive 6% 8% 7%
Others 1% 2% 2%
Capacity      
Equipment CapEx (US$ million) 41 49 40

 

 

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

 

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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 nine months ended
 

Sep. 30 

2026

 

 

Jun. 30 

2026 

(Retrospectively Adjusted) 

 

Sep. 30 

2025

 

 

Sep. 30 

2026 

(Retrospectively Adjusted) 

 

Sep. 30 

2025

 

 
Net revenues                    
Packaging 122,173   99,387   79,806   310,541   221,877  
Testing 26,302   23,665   18,420   71,008   51,037  
EMS 92,997   65,411   68,405   219,769   188,638  
Others 2,689   2,601   1,938   7,569   5,920  
Total net revenues 244,161   191,064   168,569   608,887   467,472  
                     
Cost of revenues (190,194)   (150,917)   (139,692)   (479,955)   (388,015)  
Gross profit 53,967   40,147   28,877   128,932   79,457  
                     
Operating expenses                    
Research and development (11,273)   (10,229)   (8,308)   (30,712)   (23,891)  
Selling, general and administrative (9,552)   (8,788)   (7,368)   (26,455)   (22,501)  
Total operating expenses (20,825)   (19,017)   (15,676)   (57,167)   (46,392)  
Operating income 33,142   21,130   13,201   71,765   33,065  
                     
Net non-operating income and expenses                    
Interest expense - net (2,611)   (1,853)   (1,428)   (6,040)   (3,887)  
Foreign exchange gain (loss) - net (636)   738   (3,790)   (2,123)   6,420  
Gain (Loss) on valuation of financial assets and liabilities - net 1,812   2,899   5,191   7,775   (4,035)  
Gain on equity-method investments - net 190   2,298   294   3,216   557  
Others - net 813   484   508   1,975   921  
Total non-operating income and expenses (432)   4,566   775   4,803   (24)  
Income before tax 32,710   25,696   13,976   76,568   33,041  
                     
Income tax expense (4,831)   (4,171)   (2,615)   (12,632)   (6,213)  
Income from operations and before non-controlling interests 27,879   21,525   11,361   63,936   26,828  
Non-controlling interests (883)   (460)   (491)   (1,743)   (883)  
                     
Net income attributable to shareholders of the parent

26,996

 

21,065 

 

10,870 

 

62,193 

 

25,945 

 
                     
Per share data:                    
Earnings per share                    
– Basic NT$6.13   NT$4.80   NT$2.50   NT$14.17   NT$5.99  
– Diluted NT$5.84   NT$4.61   NT$2.41   NT$13.40   NT$5.73  
                     
Earnings per equivalent ADS                    
– Basic US$0.384   US$0.304   US$0.168   US$0.895   US$0.383  
– Diluted US$0.365   US$0.292   US$0.162   US$0.846   US$0.367  
                     
Number of weighted average shares used in diluted EPS calculation (in thousand shares) 4,532,144   4,505,703   4,419,121   4,510,216   4,414,605  
                     
FX (NTD/USD) 31.96   31.59   29.74   31.69   31.24  

 

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ASE Technology Holding Co., Ltd.

Summary of ATM Statement of Income Data

(In NT$ million)

(Unaudited)

 

  For the three months ended   For the nine months ended
 

Sep. 30 

2026

 

 

Jun. 30 

2026 

(Retrospectively Adjusted) 

 

Sep. 30 

2025

 

 

Sep. 30 

2026 

(Retrospectively Adjusted) 

 

Sep. 30 

2025

 

 
Net revenues                    
Packaging 122,945   100,324   80,602   312,942   224,402  
Testing 26,302   23,665   18,420   71,008   51,037  
Direct material 2,148   2,057   1,190   5,826   3,839  
Others 90   102   77   291   244  
Total net revenues 151,485   126,148   100,289   390,067   279,522  
                     
Cost of revenues (105,073)   (91,661)   (77,592)   (279,970)   (216,966)  
Gross profit 46,412   34,487   22,697   110,097   62,556  
                     
Operating expenses                    
Research and development (9,375)   (8,384)   (6,695)   (25,256)   (19,058)  
Selling, general and administrative (6,794)   (6,325)   (5,140)   (18,943)   (15,484)  
Total operating expenses (16,169)   (14,709)   (11,835)   (44,199)   (34,542)  
Operating income 30,243   19,778   10,862   65,898   28,014  

 

7

 

ASE Technology Holding Co., Ltd.

Summary of EMS Statement of Income Data

(In NT$ million)

(Unaudited)

 

  For the three months ended   For the nine months ended
 

Sep. 30 

2026 

 

Jun. 30 

2026 

 

Sep. 30 

2025 

 

Sep. 30 

2026 

 

Sep. 30 

2025 

 
                     
Net revenues 93,469   65,789   69,022   221,132   190,088  
                     
Cost of revenues (85,676)   (59,916)   (62,643)   (201,604)   (172,632)  
Gross profit 7,793   5,873   6,379   19,528   17,456  
                     
Operating expenses                    
Research and development (1,969)   (1,887)   (1,671)   (5,606)   (4,974)  
Selling, general and administrative (2,713)   (2,417)   (2,167)   (7,375)   (6,820)  
Total operating expenses (4,682)   (4,304)   (3,838)   (12,981)   (11,794)  
Operating income 3,111   1,569   2,541   6,547   5,662  

 

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ASE Technology Holding Co., Ltd. 

Summary of Consolidated Balance Sheet Data

(In NT$ million)

(Unaudited)

 

     

As of Sep. 30, 2026 

   

As of Jun. 30, 2026 

(Retrospectively Adjusted) 

Current assets            
Cash and cash equivalents     88,421     91,292
Financial assets – current     19,517     16,081
Trade receivables     174,495     143,318
Inventories     99,721     86,268
Others     37,313     23,565
Total current assets     419,467     360,524
             
Financial assets - non-current & investments - equity -method     70,189     67,852
Property, plant and equipment     621,962     517,715
Right-of-use assets     16,480     14,427
Intangible assets     65,731     65,937
Others     50,956     44,988
Total assets     1,244,785     1,071,443
             
Current liabilities            
Short-term borrowings3     70,428     60,063
Long-term debts - current portion     5,141     11,787
Trade payables     126,991     99,513
Others     160,317     165,445
Total current liabilities     362,877     336,808
             
Bonds payable     42,201     14,985
Long-term borrowings3     276,633     209,603
Other liabilities     109,152     90,852
Total liabilities     790,863     652,248
             
Equity attributable to shareholders of the parent     422,834     389,203
Non-controlling interests     31,088     29,992
Total liabilities & shareholders’ equity     1,244,785     1,071,443
             
             
Current ratio     1.16     1.07
Net debt to equity ratio     0.66     0.47

 

 

3 Borrowings include bank loans and bills payable.

 

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ASE Technology Holding Co., Ltd.

Summary of Consolidated Statement of Cash Flow Data

(In NT$ million)

(Unaudited)

 

    For the three months ended   For the nine months ended  
    Sep. 30
2026
  Jun. 30
2026
(Retrospectively Adjusted)
  Sep. 30
2025
  Sep. 30
2026
(Retrospectively Adjusted)
  Sep. 30
2025
 
Cash Flows from Operating Activities                      
Income before tax   32,710   25,696   13,976   76,568   33,041  
Depreciation & amortization   22,258   20,003   16,992   60,929   49,614  
Other operating activities items   (4,506)   1,315   (16,342)   (3,634)   (11,211)  
Net cash generated from operating activities   50,462   47,014   14,626   133,863   71,444  
Cash Flows from Investing Activities                      

Net payments for property, plant 

and equipment 

  (125,852)   (79,849)   (44,920)   (249,792)   (124,373)  
Other investment activities items   (1,490)   (3,240)   (996)   (6,383)   (2,677)  
Net cash used in investing activities   (127,342)   (83,089)   (45,916)   (256,175)   (127,050)  
Cash Flows from Financing Activities                      
Net proceeds from borrowings and bonds   100,925   39,864   49,518   140,862   87,825  
Dividends paid   (28,958)   -   (23,034)   (28,958)   (23,034)  
Other financing activities items   1,067   (709)   1,234   1,122   835  
Net cash generated from financing activities   73,034   39,155   27,718   113,026   65,626  
Foreign currency exchange effect   975   401   5,929   5,238   (11,371)  
Net increase (decrease) in cash and cash equivalents   (2,871)   3,481   2,357   (4,048)   (1,351)  
Cash and cash equivalents at the beginning of period   91,292   87,811   72,785   92,469   76,493  
Cash and cash equivalents at the end of period   88,421   91,292   75,142   88,421   75,142  

 

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