Operating Income for TSMC (TSM)
According to TSMC's latest reported financial statements, the company's current operating income (TTM) is $2.20T USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
TSM
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TTM (last 4 quarters)
$2.20T
YoY change
+47.9%
5Y CAGR
+28.1%
Peak year (2025)
$1.96T
Cumulative operating income
$10.18T
Operating Income history chart for TSMC (TSM) from 1997 to 2025
Operating Income history table for TSMC (TSM) from 1997 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.96T | +47.9% | ||
| 2024 | $1.32T | +43.5% | ||
| 2023 | $921.47B | -17.8% | ||
| 2022 | $1.12T | +72.5% | ||
| 2021 | $649.98B | +14.7% | ||
| 2020 | $566.78B | +52.1% | ||
| 2019 | $372.70B | -2.8% | ||
| 2018 | $383.62B | -0.5% | ||
| 2017 | $385.56B | +2.0% | ||
| 2016 | $377.96B | +18.1% | ||
| 2015 | $320.05B | +8.2% | ||
| 2014 | $295.87B | +40.8% | ||
| 2013 | $210.07B | +16.0% | ||
| 2012 | $181.16B | +28.0% | ||
| 2011 | $141.56B | -11.1% | ||
| 2010 | $159.18B | +73.1% | ||
| 2009 | $91.96B | -11.9% | ||
| 2008 | $104.44B | -6.5% | ||
| 2007 | $111.73B | -12.2% | ||
| 2006 | $127.24B | +39.5% | ||
| 2005 | $91.24B | +3.0% | ||
| 2004 | $88.62B | +73.1% | ||
| 2003 | $51.21B | +61.8% | ||
| 2002 | $31.65B | +284.2% | ||
| 2001 | $8.24B | -86.6% | ||
| 2000 | $61.29B | +175.2% | ||
| 1999 | $22.27B | +61.6% | ||
| 1998 | $13.78B | -7.9% | ||
| 1997 | $14.97B | — |
Operating Income values are taken from TSMC's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in TWD as filed.
Analysis
In 2025, TSMC (TSM) operating income totalled $1.96T – surged 47.9% year-over-year.
TSMC operating income has grown for 2 consecutive years, with a +28.1% compound annual growth rate over 2020–2025 (5 years).
Across the available history, operating income reached its high of $1.96T in 2025 and its low of $8.24B in 2001.
TSMC (TSM) sits 1st of 8 Technology peers we track on this metric, against a peer median of $21.58B.
TSMC Operating Income by Year
TSMC Operating Income 2025: $1.96T
TSMC operating income in 2025 was $1.96T, surged 47.9% from 2024. This figure represents the highest annual value in the available history.
TSMC Operating Income 2024: $1.32T
TSMC operating income in 2024 was $1.32T, surged 43.5% from 2023.
TSMC Operating Income 2023: $921.47B
TSMC operating income in 2023 was $921.47B, declined 17.8% below 2022.
TSMC Operating Income 2022: $1.12T
TSMC operating income in 2022 was $1.12T, surged 72.5% from 2021.
TSMC Operating Income 2021: $649.98B
TSMC operating income in 2021 was $649.98B.
See more financial history for TSMC (TSM).
Sector peers — Operating Income
Companies in the same sector as TSMC, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| Oracle Corporation (ORCL) | $17.68B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is TSMC's operating income?
- Latest reported operating income for TSMC (TSM) is $2.20T (period ending March 31, 2026).
How has TSMC operating income changed year-over-year?
- TSMC (TSM) operating income changed +47.9% year-over-year on the latest annual filing.
What is the long-term growth rate of TSMC operating income?
- TSMC (TSM) operating income compound annual growth rate is +28.1% over the most recent 5 years available.
When did TSMC operating income hit its highest annual value?
- TSMC operating income reached its highest annual value of $1.96T in 2025.
What was TSMC operating income in 2024?
- TSMC (TSM) operating income in 2024 was $1.32T.
What was TSMC operating income in 2025?
- TSMC (TSM) operating income in 2025 was $1.96T.
Metrics overview
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