TTM
61.8%
YoY change
+3.77pp
Trough year (2001)
23.3%
Peak year (2025)
59.9%
Latest annual
59.9%
Gross Margin history chart for TSMC (TSM) from 1997 to 2025
Latest: 59.9%
Gross Margin change chart for TSMC (TSM) from 1997 to 2025
Latest: +3.77pp
Gross Margin history table for TSMC (TSM) from 1997 to 2025
| 2025 | 59.9% | +3.77pp | ||
| 2024 | 56.1% | +1.76pp | ||
| 2023 | 54.4% | -5.20pp | ||
| 2022 | 59.6% | +7.93pp | ||
| 2021 | 51.6% | -1.47pp | ||
| 2020 | 53.1% | +7.05pp | ||
| 2019 | 46.0% | -2.23pp | ||
| 2018 | 48.3% | -2.35pp | ||
| 2017 | 50.6% | +0.53pp | ||
| 2016 | 50.1% | +1.44pp | ||
| 2015 | 48.7% | -0.86pp | ||
| 2014 | 49.5% | +2.39pp | ||
| 2013 | 47.1% | -1.05pp | ||
| 2012 | 48.2% | +2.73pp | ||
| 2011 | 45.4% | -3.90pp | ||
| 2010 | 49.4% | +5.62pp | ||
| 2009 | 43.7% | +1.18pp | ||
| 2008 | 42.5% | -1.58pp | ||
| 2007 | 44.1% | -4.96pp | ||
| 2006 | 49.1% | +4.74pp | ||
| 2005 | 44.3% | -0.69pp | ||
| 2004 | 45.0% | +8.15pp | ||
| 2003 | 36.9% | +4.66pp | ||
| 2002 | 32.2% | +8.89pp | ||
| 2001 | 23.3% | -22.70pp | ||
| 2000 | 46.0% | +6.63pp | ||
| 1999 | 39.4% | +1.04pp | ||
| 1998 | 38.4% | -9.64pp | ||
| 1997 | 48.0% | — |
- 202559.9%+3.77pp
- 202456.1%+1.76pp
- 202354.4%-5.20pp
- 202259.6%+7.93pp
- 202151.6%-1.47pp
- 202053.1%+7.05pp
- 201946.0%-2.23pp
- 201848.3%-2.35pp
- 201750.6%+0.53pp
- 201650.1%+1.44pp
- 201548.7%-0.86pp
- 201449.5%+2.39pp
- 201347.1%-1.05pp
- 201248.2%+2.73pp
- 201145.4%-3.90pp
- 201049.4%+5.62pp
- 200943.7%+1.18pp
- 200842.5%-1.58pp
- 200744.1%-4.96pp
- 200649.1%+4.74pp
- 200544.3%-0.69pp
- 200445.0%+8.15pp
- 200336.9%+4.66pp
- 200232.2%+8.89pp
- 200123.3%-22.70pp
- 200046.0%+6.63pp
- 199939.4%+1.04pp
- 199838.4%-9.64pp
- 199748.0%—
Gross Margin values are taken from TSMC's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in TWD as filed.
About Gross Margin at TSMC (TSM)
According to TSMC's latest reported financial statements, the company's latest reported gross margin is 61.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for TSMC (TSM) came in at 59.89% – expanded 3.8 percentage points year-over-year.
The record annual gross margin stands at 59.89%, reached in 2025; the historical low of 23.34% was recorded in 2001.
TSMC Gross Margin by Year
TSMC Gross Margin 2025: 59.9%
In 2025, TSMC reported gross margin of 59.89%, expanded 3.8 percentage points from 2024. This figure represents the highest annual value in the available history.
TSMC Gross Margin 2024: 56.1%
TSMC gross margin in 2024 was 56.12%, expanded 1.8 percentage points from 2023.
TSMC Gross Margin 2023: 54.4%
2023's gross margin for TSMC came in at 54.36%, contracted 5.2 percentage points from 2022.
TSMC Gross Margin 2022: 59.6%
TSMC posted gross margin of 59.56% in 2022, expanded 7.9 percentage points from 2021.
TSMC Gross Margin 2021: 51.6%
TSMC gross margin in 2021 was 51.63%.
See more financial history for TSMC (TSM).
Sector peers by Gross Margin
Technology peers of TSMC (TSM), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 66.4% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 66.4%
- 52.6%
- 50.3%
- 47.9%
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