Advantech Q3 2026 Earnings Presentation

Advantech 3Q26 Online Investor Conference

Nội Dung

Cover slide titled "Advantech 3Q26 Online Investor Conference" with the Chinese subtitle 研華2026年第三季法人說明會, dated November 4th, 2026, carrying the Advantech logo, the tagline "Enabling an Intelligent Planet" and the theme line "Edge Computing & AI-Powered WISE Solutions".

Cấu Trúc Bố Cục

Left-aligned title block on a white background with a sky-and-sunlight photo fading in from the right edge; logo top left, date bottom left, theme slogan with paper-plane mark bottom right.

Phần Tử Trực Quan Chính

• •Advantech blue logo box with italic tagline
• •Large navy English title with Traditional Chinese subtitle
• •Sky and sun photograph on the right edge
• •Blue and orange 'Edge Computing & AI-Powered WISE Solutions' slogan with paper-plane icon

Safe Harbor Notice

Nội Dung

Forward-looking statement disclaimer: Advantech's current expectations are subject to significant risks and uncertainties and actual results may differ materially; projections are not legally binding commitments and may change.

Cấu Trúc Bố Cục

Full-bleed navy background with two square-bulleted paragraphs on the left and a slanted, parallelogram-cropped photo on the right; scattered light-blue diamond motifs in the corners.

Phần Tử Trực Quan Chính

• •Navy background with white text
• •Parallelogram photo of a metallic tree sculpture with discs labelled with Advantech platforms (e.g. Industrial AI Platform, Applied Computing & DMS)
• •Diamond pattern accents

3Q26 Financial Results (2026年第三季營運結果)

Nội Dung

Income statement in NT$ million: 3Q26 net sales 32,440 (+24% QoQ from 26,126; +83% YoY from 17,774); gross profit 11,896 at 36.7% (2Q26 37.7%, 3Q25 38.9%); operating expense 5,101 (15.7%); operating profit 6,795 at 20.9% (+33% QoQ, +151% YoY); non-operating items 1,106; pretax profit 7,901 (+141% YoY); tax 1,700; net income to parent 6,218 at 19.2% (+38% QoQ, +125% YoY); EPS NT$7.15 vs NT$5.20 and NT$3.20. Year to date: net sales 78,952 (+49%), gross profit 29,721 at 37.6% vs 39.8%, operating profit 15,651 at 19.8% (+79%), pretax 17,559 (+95%), net income to parent 14,070 (+88%), EPS NT$16.21 vs NT$8.67. Commentary: quarterly sales and profit are single-quarter records; gross margin fell on higher material costs while operating margin rose on operating leverage and OPEX discipline; non-operating income came from dividends, FX gains and a one-time disposal gain; effective tax rate 21.5%.

Cấu Trúc Bố Cục

Bold title with Chinese subtitle above a wide blue-header table split into quarterly columns (3Q26, 2Q26, QoQ, 3Q25, YoY) and year-to-date columns (YT3Q2026, YT3Q2025, YoY); bold rows for profit lines, a solid blue EPS footer row; two bullet columns below headed 3Q26 and 3Q26 YTM.

Phần Tử Trực Quan Chính

• •Blue header row and blue EPS footer row
• •Light blue shading on current-quarter column
• •Bold italic growth percentages
• •Underlined '3Q26' and '3Q26 YTM' commentary headings
• •Advantech logo bottom right

3Q26YTM Sales By Region

Nội Dung

Year-to-date sales by region in US$ million (columns labelled 3Q26 vs 3Q25; the total of 2,485 matches the year-to-date figure): North America 822 vs 519 (+58%, 33% of revenue), Europe 377 vs 276 (+36%, 15%), China 556 vs 358 (+55%, 22%), North Asia 220 vs 154 (+43%, 9%), Taiwan 196 vs 114 (+72%, 8%), Asia & InterCon 223 vs 163 (+37%, 9%), Others 91 vs 113 (-20%, 4%); total 2,485 vs 1,697 (+46%). A stacked bar compares regional mix YTM3Q25 vs YTM3Q26 (North America 31% to 33%, China 21% to 22%, Europe 16% to 15%, Others 6% to 4%). Sub-tables: North Asia — Japan (AJP) 119 (+31%), Korea (AKR) 101 (+61%); Asia & InterCon — Australia/New Zealand 14 (+19%), ASEAN 67 (+75%), India 25 (+33%), LATAM 20 (+15%), ME&A & Others 98 (+27%).

Cấu Trúc Bố Cục

Full-width regional table at top with a blue total row; bottom third split into a framed two-column stacked bar chart on the left and two small sub-region tables (North Asia, Asia & InterCon) on the right.

Phần Tử Trực Quan Chính

• •Blue-header regional sales table with total row
• •Two stacked 100% bars in graded blues with region labels between them
• •Mini tables for North Asia and Asia & InterCon
• •Advantech logo bottom right

3Q26YTM Performance By Sector

Nội Dung

Year-to-date results by business group in US$ million: IoT Automation (iAutomation) revenue 156, 6% of sales, +25% YoY, gross margin 65%~70%, operating profit 89, OP margin 57%; Intelligent Systems (iSystems) 1,030, 42%, +49%, GM 40%~45%, OP 237, 23%; Embedded 798, 32%, +40%, GM 30%~35%, OP 176, 22%; Intelligent Service (iService) 136, 5%, +7%, GM 30%~35%, OP 13, 10%; Advantech Service+ / Others (AS+) 365, 15%, +95%, GM 21%~25%, OP 28, 8%; total 2,485, +46%, GM 37.6%, OP 492 after US$51M unallocated expenses, OP margin 19.8%. Drivers: iAutomation from factory automation in North America, China and Taiwan plus transportation channel projects; iSystems from semiconductor equipment projects, cloud infrastructure and data center projects in North America, and robotics and AI demand from China and Korea distributors; Embedded from medical equipment, machine automation, semiconductor equipment, video solutions and mission-critical; iService from healthcare and a distributor recovery in China and ME&A, partly offset by retail and hospitality declines.

Cấu Trúc Bố Cục

Seven-column blue-header table (Revenue, Rev. %, YoY, Gross Margin, Operating Profit, OP Margin) with segment names and short codes in the first column, blue total row and a footnote; four square-bulleted driver explanations below, each starting with the segment name and growth rate in bold.

Phần Tử Trực Quan Chính

• •Segment table with margin ranges
• •Blue total row with asterisk footnote on unallocated expenses
• •Bold segment-growth lead-ins in the bullets
• •Advantech logo bottom right

Balance Sheet & Key Indices

Nội Dung

Balance sheet in NT$ million for 3Q26 / 2Q26 / 3Q25: cash and equivalents 18,095 / 18,728 / 14,726; accounts receivable 18,581 / 15,604 / 11,056; inventory 23,018 / 20,908 / 11,047; total assets 98,985 / 93,204 / 70,053; accounts payable 14,425 / 14,525 / 7,084; short-term debt 5,703 / 385 / 351; long-term debt 1,466 / 1,554 / 1,553; total liabilities 36,224 (37%) / 37,750 (41%) / 18,556 (26%); total equity 62,761 / 55,454 (59%) / 51,497 (74%). The 3Q26 equity share is printed as 18%, although 62,761 of 98,985 is about 63%. Key indices: inventory days 95 / 101 / 93; AR days 51 / 51 / 55; AP days 60 / 70 / 60; cash conversion cycle 86 / 82 / 84 days.

Cấu Trúc Bố Cục

Single large table with a two-tier blue header (period, then Amount and %), blue highlighted subtotal rows for total assets, liabilities and equity, a 'Key Indices' sub-header and a blue CCC footer row.

Phần Tử Trực Quan Chính

• •Two-level blue column header
• •Underlined subtotal figures in blue bands
• •Working-capital indices block
• •Advantech logo bottom right

4Q26 Outlook

Nội Dung

Management guidance for 4Q26 based on an exchange rate of US$1 to NT$31.8: consolidated revenue US$970M to US$990M, gross margin 36.0% to 38.0%, operating margin 18.0% to 20.0%.

Cấu Trúc Bố Cục

Centered title, one-sentence assumption line with the FX rate bold and underlined, then a two-column table (Items, 4Q26 Estimation) with three large-type rows.

Phần Tử Trực Quan Chính

• •Underlined FX assumption
• •Blue-header two-column guidance table
• •Large bold range figures
• •Advantech logo bottom right

Edge Computing & AI-Powered WISE Solutions

Nội Dung

Closing slide repeating the theme 'Edge Computing & AI-Powered WISE Solutions' with the company website www.advantech.com and investor relations email IR@advantech.com.tw.

Cấu Trúc Bố Cục

Same sky-photo background as the cover; logo top left, large two-line italic slogan centered with the paper-plane mark, website and email lines with icons below.

Phần Tử Trực Quan Chính

• •Oversized navy and orange italic slogan
• •Blue and orange paper-plane mark
• •Globe and envelope icons for web and IR contact
• •Sky and sunlight photograph