TSM

Updated: Mar 12, 2026 11:30 AM

Taiwan Semiconductor Manufacturing

Market Cap: $1.53T P/S: 49x Ownership — Insider: 0.0% | Institutional: 16.3% | Retail: 83.7% TECHNOLOGY SEMICONDUCTORS

Taiwan Semiconductor Manufacturing Company, Limited (TSMC) is the world's premier pure-play semiconductor foundry, recognized for its advanced manufacturing and design capabilities in integrated circuits. With its headquarters in Hsinchu, Taiwan, TSMC serves a diverse clientele, including industry leaders in smartphones, high-performance computing, and automotive sectors, underscoring its pivotal role in the global technology supply chain. The company's commitment to innovation is evidenced by substantial investments in state-of-the-art technologies, positioning it as a leader in semiconductor fabrication and facilitating critical advancements across consumer and enterprise landscapes. TSMC's strong international presence is further reflected in its predominantly foreign investor ownership, highlighting its strategic partnerships and influence in the global market.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        20/20 dates (100%)
  ✅ grossProfit                         20/20 dates (100%)
  ✅ netIncome                           20/20 dates (100%)

Plot for TSM (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               0.00B                    22.75B                    45.49B                    68.24B                    90.98B
               |                         |                         |                         |                         |

  2005-12-31 |  8.40B
  2006-12-31 |  9.98B
  2007-12-31 |  10.14B
  2008-12-31 |  10.47B
  2009-12-31 |  9.30B
  2010-12-31 |  13.19B
  2011-12-31 |  13.42B
  2012-12-31 |  15.93B
  2013-12-31 |  18.77B
  2014-12-31 |  23.98B
  2015-12-31 |  26.52B
  2016-12-31 |  29.80B
  2017-12-31 |  30.73B
  2018-12-31 |  32.42B
  2019-12-31 |  33.64B
  2020-12-31 |  42.10B
  2021-12-31 |  49.90B
  2022-12-31 |  71.17B
  2023-12-31 |  67.96B
  2024-12-31 |  90.98B

               |                         |                         |                         |                         |
               0.00B                    22.75B                    45.49B                    68.24B                    90.98B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              20/20 dates (100%)
  ✅ sellingGeneralAndAdministrative     20/20 dates (100%)
  ✅ costofGoodsAndServicesSold          20/20 dates (100%)

Plot for TSM (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     9.98B                    19.96B                    29.94B                    39.92B
               |                         |                         |                         |                         |

  2005-12-31 |  4.68B
  2006-12-31 |  5.08B
  2007-12-31 |  5.67B
  2008-12-31 |  6.02B
  2009-12-31 |  5.23B
  2010-12-31 |  6.68B
  2011-12-31 |  7.32B
  2012-12-31 |  8.25B
  2013-12-31 |  9.92B
  2014-12-31 |  12.11B
  2015-12-31 |  13.62B
  2016-12-31 |  14.87B
  2017-12-31 |  15.17B
  2018-12-31 |  16.77B
  2019-12-31 |  18.15B
  2020-12-31 |  19.75B
  2021-12-31 |  24.14B
  2022-12-31 |  28.78B
  2023-12-31 |  31.02B
  2024-12-31 |  39.92B

               |                         |                         |                         |                         |
               0.00B                     9.98B                    19.96B                    29.94B                    39.92B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ operatingCashflow                   20/20 dates (100%)

Plot for TSM (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                    16.72B                    33.44B                    50.16B                    66.88B
               |                         |                         |                         |                         |

  2005-12-31 |  4.95B
  2006-12-31 |  6.44B
  2007-12-31 |  5.78B
  2008-12-31 |  6.98B
  2009-12-31 |  5.38B
  2010-12-31 |  7.21B
  2011-12-31 |  7.78B
  2012-12-31 |  9.09B
  2013-12-31 |  10.92B
  2014-12-31 |  13.25B
  2015-12-31 |  17.69B
  2016-12-31 |  17.01B
  2017-12-31 |  18.40B
  2018-12-31 |  18.16B
  2019-12-31 |  19.34B
  2020-12-31 |  25.86B
  2021-12-31 |  34.96B
  2022-12-31 |  50.63B
  2023-12-31 |  46.07B
  2024-12-31 |  66.88B

               |                         |                         |                         |                         |
               0.00B                    16.72B                    33.44B                    50.16B                    66.88B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   20/20 dates (100%)
  ✅ capitalExpenditures                 20/20 dates (100%)

Plot for TSM (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                    14.35B                    28.70B                    43.06B                    57.41B
               |                         |                         |                         |                         |

  2005-12-31 |  4.95B
  2006-12-31 |  6.44B
  2007-12-31 |  5.78B
  2008-12-31 |  6.98B
  2009-12-31 |  5.03B
  2010-12-31 |  7.21B
  2011-12-31 |  7.78B
  2012-12-31 |  9.09B
  2013-12-31 |  10.92B
  2014-12-31 |  13.25B
  2015-12-31 |  16.66B
  2016-12-31 |  16.97B
  2017-12-31 |  18.40B
  2018-12-31 |  18.04B
  2019-12-31 |  19.34B
  2020-12-31 |  25.86B
  2021-12-31 |  34.96B
  2022-12-31 |  50.63B
  2023-12-31 |  39.04B
  2024-12-31 |  57.41B

               |                         |                         |                         |                         |
               0.00B                    14.35B                    28.70B                    43.06B                    57.41B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         20/20 dates (100%)
  ✅ totalLiabilities                    20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for TSM (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                    52.59B                    105.18B                   157.77B                   210.37B
               |                         |                         |                         |                         |

  2005-12-31 |  16.38B
  2006-12-31 |  18.67B
  2007-12-31 |  17.95B
  2008-12-31 |  17.57B
  2009-12-31 |  18.69B
  2010-12-31 |  22.60B
  2011-12-31 |  24.51B
  2012-12-31 |  30.22B
  2013-12-31 |  39.70B
  2014-12-31 |  46.99B
  2015-12-31 |  52.10B
  2016-12-31 |  59.30B
  2017-12-31 |  62.61B
  2018-12-31 |  65.70B
  2019-12-31 |  71.20B
  2020-12-31 |  86.78B
  2021-12-31 |  117.11B
  2022-12-31 |  156.07B
  2023-12-31 |  173.91B
  2024-12-31 |  210.37B

               |                         |                         |                         |                         |
               0.00B                    52.59B                    105.18B                   157.77B                   210.37B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for TSM (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               0.00B                    33.70B                    67.41B                    101.11B                   134.81B
               |                         |                         |                         |                         |

  2005-12-31 |  14.05B
  2006-12-31 |  14.05B
  2007-12-31 |  15.31B
  2008-12-31 |  14.98B
  2009-12-31 |  15.56B
  2010-12-31 |  18.05B
  2011-12-31 |  19.64B
  2012-12-31 |  22.35B
  2013-12-31 |  26.21B
  2014-12-31 |  32.13B
  2015-12-31 |  37.53B
  2016-12-31 |  42.72B
  2017-12-31 |  46.96B
  2018-12-31 |  52.20B
  2019-12-31 |  50.97B
  2020-12-31 |  58.15B
  2021-12-31 |  68.16B
  2022-12-31 |  92.60B
  2023-12-31 |  108.73B
  2024-12-31 |  134.81B

               |                         |                         |                         |                         |
               0.00B                    33.70B                    67.41B                    101.11B                   134.81B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for TSM (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               0.00B                     7.78B                    15.56B                    23.34B                    31.12B
               |                         |                         |                         |                         |

  2019-09-30 |  9.21B
  2019-12-31 |  9.97B
  2020-03-31 |  9.76B
  2020-06-30 |  9.76B
  2020-09-30 |  11.20B
  2020-12-31 |  11.37B
  2021-03-31 |  11.39B
  2021-06-30 |  11.70B
  2021-09-30 |  13.03B
  2021-12-31 |  13.77B
  2022-03-31 |  15.44B
  2022-06-30 |  16.79B
  2022-09-30 |  19.27B
  2022-12-31 |  19.66B
  2023-03-31 |  15.99B
  2023-06-30 |  15.12B
  2023-09-30 |  17.19B
  2023-12-31 |  19.66B
  2024-03-31 |  18.63B
  2024-06-30 |  21.17B
  2024-09-30 |  23.88B
  2024-12-31 |  27.30B
  2025-03-31 |  26.38B
  2025-06-30 |  29.35B
  2025-09-30 |  31.12B

               |                         |                         |                         |                         |
               0.00B                     7.78B                    15.56B                    23.34B                    31.12B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for TSM (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     3.15B                     6.31B                     9.46B                    12.62B
               |                         |                         |                         |                         |

  2019-09-30 |  4.83B
  2019-12-31 |  4.97B
  2020-03-31 |  4.71B
  2020-06-30 |  4.59B
  2020-09-30 |  5.22B
  2020-12-31 |  5.23B
  2021-03-31 |  5.43B
  2021-06-30 |  5.85B
  2021-09-30 |  6.35B
  2021-12-31 |  6.52B
  2022-03-31 |  6.85B
  2022-06-30 |  6.87B
  2022-09-30 |  7.63B
  2022-12-31 |  7.43B
  2023-03-31 |  6.98B
  2023-06-30 |  6.94B
  2023-09-30 |  7.86B
  2023-12-31 |  9.23B
  2024-03-31 |  8.74B
  2024-06-30 |  9.91B
  2024-09-30 |  10.07B
  2024-12-31 |  11.19B
  2025-03-31 |  10.87B
  2025-06-30 |  12.15B
  2025-09-30 |  12.62B

               |                         |                         |                         |                         |
               0.00B                     3.15B                     6.31B                     9.46B                    12.62B

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for TSM (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                    19.42B                    38.83B                    58.25B                    77.67B
               |                         |                         |                         |                         |

  2019-09-30 |  14.22B
  2019-12-31 |  14.32B
  2020-03-31 |  14.32B
  2020-06-30 |  14.70B
  2020-09-30 |  18.99B
  2020-12-31 |  20.75B
  2021-03-31 |  20.75B
  2021-06-30 |  23.51B
  2021-09-30 |  23.51B
  2021-12-31 |  33.48B
  2022-03-31 |  36.20B
  2022-06-30 |  39.39B
  2022-09-30 |  40.74B
  2022-12-31 |  42.21B
  2023-03-31 |  43.55B
  2023-06-30 |  40.13B
  2023-09-30 |  41.24B
  2023-12-31 |  46.07B
  2024-03-31 |  53.38B
  2024-06-30 |  56.56B
  2024-09-30 |  59.31B
  2024-12-31 |  66.88B
  2025-03-31 |  75.28B
  2025-06-30 |  74.33B
  2025-09-30 |  77.67B

               |                         |                         |                         |                         |
               0.00B                    19.42B                    38.83B                    58.25B                    77.67B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for TSM (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                     6.66B                    13.32B                    19.97B                    26.63B
               |                         |                         |                         |                         |

  2019-09-30 |  4.46B
  2019-12-31 |  6.38B
  2020-03-31 |  6.38B
  2020-06-30 |  5.35B
  2020-09-30 |  5.98B
  2020-12-31 |  8.15B
  2021-03-31 |  7.85B
  2021-06-30 |  5.89B
  2021-09-30 |  10.02B
  2021-12-31 |  11.89B
  2022-03-31 |  11.70B
  2022-06-30 |  10.65B
  2022-09-30 |  12.97B
  2022-12-31 |  15.31B
  2023-03-31 |  15.31B
  2023-06-30 |  7.88B
  2023-09-30 |  26.63B
  2023-12-31 |  12.71B
  2024-03-31 |  13.72B
  2024-06-30 |  11.87B
  2024-09-30 |  12.32B
  2024-12-31 |  19.50B
  2025-03-31 |  19.67B
  2025-06-30 |  15.63B
  2025-09-30 |  13.42B

               |                         |                         |                         |                         |
               0.00B                     6.66B                    13.32B                    19.97B                    26.63B

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for TSM (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                    57.80B                    115.59B                   173.39B                   231.18B
               |                         |                         |                         |                         |

  2019-09-30 |  67.09B
  2019-12-31 |  71.19B
  2020-03-31 |  71.19B
  2020-06-30 |  76.98B
  2020-09-30 |  82.85B
  2020-12-31 |  86.78B
  2021-03-31 |  86.78B
  2021-06-30 |  97.22B
  2021-09-30 |  97.22B
  2021-12-31 |  117.11B
  2022-03-31 |  125.51B
  2022-06-30 |  136.62B
  2022-09-30 |  145.97B
  2022-12-31 |  156.07B
  2023-03-31 |  158.62B
  2023-06-30 |  161.88B
  2023-09-30 |  172.41B
  2023-12-31 |  173.91B
  2024-03-31 |  181.95B
  2024-06-30 |  188.06B
  2024-09-30 |  193.82B
  2024-12-31 |  210.37B
  2025-03-31 |  224.24B
  2025-06-30 |  220.25B
  2025-09-30 |  231.18B

               |                         |                         |                         |                         |
               0.00B                    57.80B                    115.59B                   173.39B                   231.18B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for TSM (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               0.00B                    39.28B                    78.56B                    117.84B                   157.13B
               |                         |                         |                         |                         |

  2019-09-30 |  49.88B
  2019-12-31 |  50.73B
  2020-03-31 |  50.73B
  2020-06-30 |  54.08B
  2020-09-30 |  56.19B
  2020-12-31 |  58.15B
  2021-03-31 |  58.15B
  2021-06-30 |  62.24B
  2021-09-30 |  62.24B
  2021-12-31 |  68.16B
  2022-03-31 |  72.76B
  2022-06-30 |  78.47B
  2022-09-30 |  86.07B
  2022-12-31 |  92.60B
  2023-03-31 |  96.77B
  2023-06-30 |  100.24B
  2023-09-30 |  105.26B
  2023-12-31 |  108.73B
  2024-03-31 |  114.29B
  2024-06-30 |  119.19B
  2024-09-30 |  125.53B
  2024-12-31 |  134.81B
  2025-03-31 |  143.48B
  2025-06-30 |  144.01B
  2025-09-30 |  157.13B

               |                         |                         |                         |                         |
               0.00B                    39.28B                    78.56B                    117.84B                   157.13B

Price History

Volume

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