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EarningsQ2 2026 Earnings Report
CHT Q2 2026 EPS Results
Actual EPS$0.43
Consensus EPS$0.42
Beat/MissBeat by +<$0.01
One Year Ago EPS$0.44
CHT Q2 2026 Revenue Results
Actual Revenue$1.94B
Expected Revenue$1.91B
Beat/MissBeat by +$34.70M
YoY Revenue Growth+5.68%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeBefore Open
Conference CallWednesday, August 5, 2026
CHT Upcoming Earnings
Chunghwa Telecom Co's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CHT Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial performance: record Q2 revenue and EPS, robust ICT and international growth, solid mobile and broadband metrics, significant AI infrastructure progress, and healthy cash flow and balance sheet metrics. The main risks noted were project‑driven volatility in ICT/international revenues, limited near‑term visibility on the economics of new AIDC/IOWN investments, and some seasonal/liquidity timing effects (dividend payables and inventory). Overall the positives—broad‑based revenue growth, margin expansion, and clear execution on AI and ICT contracts—materially outweigh the manageable risks.Company Guidance
Record Quarterly and H1 Revenue
Consolidated Q2 revenue reached TWD 61.36 billion, an 8.2% year‑over‑year increase and the highest Q2 top line since 2010. First half revenue rose 7.8% YoY, providing strong momentum toward full‑year targets.
Strong Profitability and Cash Generation
Income from operations increased 5.7% YoY in Q2. Q2 EBITDA rose 4.1% to TWD 23.52 billion with an EBITDA margin of 38.32%. Q2 EPS was TWD 1.38 (vs TWD 1.31 prior year) — the highest Q2 EPS in 10 years. First half net income grew 3.9% to TWD 20.75 billion and H1 EBITDA increased 3.8% to TWD 46.82 billion. Six‑month free cash flow reached TWD 21.89 billion.
ICT Business Surge
Enterprise ICT revenue increased 32% YoY in Q2 with recurring ICT revenue up 9% YoY. Key service growth: Big Data +167% YoY, Cybersecurity +34% YoY, IDC +14% YoY. ICT order intake grew 30% YoY and first‑half contract wins already matched full‑year 2025 total.
International Subsidiaries and Overseas Growth
Aggregate international revenue rose 242% YoY in Q2. U.S. revenue grew more than 11‑fold YoY driven by large AI supply‑chain projects; Southeast Asia revenue doubled YoY. International Business Group revenue grew ~79% YoY and income before tax rose 31% YoY, reflecting strong visibility from overseas projects.
Market Leadership in Mobile and 5G
Mobile revenue market share hit a record 41.2% and subscriber market share rose to 39.8%. 5G market share at 39.4%; 5G penetration among smartphone users nearly 49%. Mobile service revenue grew 3.2% YoY; postpaid ARPU increased 2.4% (≈TWD 13). Average monthly fee uplift from 5G migration stable at 36% and postpaid churn remained low at 0.36%.
Fixed Broadband Upsell and Consumer Services Growth
42% of fixed broadband subscribers now on 300 Mbps+ plans; 1 Gbps+ subscribership rose 61% YoY. Fixed broadband revenue increased 3% YoY and ARPU rose by TWD 20 to TWD 824. Multiple‑play signups grew 14% YoY (18th consecutive quarter). OTT revenue increased 20% YoY; consumer cybersecurity subscribers exceeded 1 million and grew 11% YoY; DCB transacting users +4.7% YoY.
Capital Discipline and Strong Balance Sheet
First half CapEx was TWD 9.85 billion, down 14.3% YoY. Reported debt ratio as of June 30 was 31%; adjusted debt ratio excluding dividend payable improved to 23.72% (from 25.21% at year‑end 2025). Interest‑bearing debt ratio is about 5%; current ratio 122.3%; net debt‑to‑EBITDA is 0, indicating low leverage and strong liquidity.
AI Infrastructure and Strategic Partnerships
Announced operation kickoff of the new AI data center (AIDC) in Lunping, Taoyuan (up to 36 MW at full build‑out). Signed MoU with Taiwan Stock Exchange for dedicated colocation in a Taichung AIDC under construction. Established an IOWN AI Fund with global partners to build the optical/IOWN ecosystem for AI‑era networking.
Subsidiary Execution and Market Expansion
Chunghwa Telecom Precision Tech started new factory construction to meet AI semiconductor testing demand; leading photonics subsidiary began trading on an emerging exchange in June. Secured major projects including AIDC builds, Taipower energy storage, and multiple smart surveillance deployments.
ESG Recognition and Emissions Progress
Received CDP A‑List for supplier engagement, Best Issuer for Sustainable Finance and Best Sustainability Bond awards, and ranked in the top 5% of TSE listed companies for corporate governance. Progress against SBTi: Scope 1 & 2 emissions reduced 24.5% vs 2020 baseline and Scope 3 emissions down 10.8% vs 2021 baseline.
CHT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed