United Microelectronics Corporation · UMC · Next earnings

United Microelectronics Corporation reports Wednesday, Oct 28, 2026

UMC reports before market open with consensus EPS at $0.23 and revenue at $2.33B. Last quarter: UMC Q3 2026: record shipments, 34% gross margin, $3.2B capex added for AI packaging

Reports Before market open0 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $0.23 Calendar consensus
Consensus revenue $2.33B Calendar consensus
Report date Oct 28, 2026 Wednesday, date estimated
Session Before market open 0 days away

Where UMC left off: FY2026 Q3

Full report

UMC Q3 2026: record shipments, 34% gross margin, $3.2B capex added for AI packaging

EPS surprise — Reported — vs $0.23
Revenue surprise — Reported — vs $2.33B
Stock move -4.0% Event window
Subsequent drift 0.0% Up to 20 sessions

The prior quarter guided Q3 2026 to high-single-digit shipment growth, firm ASP and mid-30% gross margin; the reported quarter shows revenue up 8% sequentially, gross margin of 34% and utilization of 92% against a stated target above 90%, so that guide was met. The new Q4 2026 outlook is for low-single-digit shipment growth, stable ASP and comparable gross margin. Management also set a 10% year-over-year blended ASP target for 2027, which is an objective rather than reported performance.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Higher depreciation from the accelerated capex and rising raw-material costs pressure gross margin.
  • Potential oversupply in silicon photonics and advanced packaging if AI demand softens.
  • Capacity constraints could limit shipment growth in 2027, shifting the mix toward price and value per wafer.
  • Continued reliance on AI-related demand that management itself describes as uneven across end markets.

Questions analysts left open

  • Sustainability of the 10% blended ASP increase and whether it is price or product mix.
  • Capacity constraints in 2027 and the effect on shipment growth.
  • The longer-term AI demand outlook and the risk of a slowdown.
  • Gross margin pressure from higher depreciation and raw-material costs.

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Recent UMC quarters

All UMC earnings
-4.0%FY2026 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.