United Microelectronics (NEW) Financial Statements
NYSE: UMCTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
United Microelectronics (NEW) revenue and earnings
In fiscal 2024, United Microelectronics (NEW) generated $7.08 billion in revenue, down 2.5% from fiscal 2023, its first annual decline since 2023. Net income was $1.49 billion (-23.7% year over year), for a net margin of 21.0% versus a median of 24.1% in the prior 5 years. Gross margin was 32.6% (down from 34.9%) and operating margin 22.2%.
Diluted earnings per share came in at $0.12, down from $0.16. Over the last 5 fiscal years, UMC's revenue has grown at a 7.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
United Microelectronics (NEW) income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.08B | 7.27B | 9.07B | 7.68B | 6.30B | 4.95B | 4.94B | 5.04B |
| Revenue growth (YoY) | -2.52% | -19.87% | +18.11% | +21.94% | +27.09% | +0.28% | -1.89% | — |
| Cost of Revenue | 4.78B | 4.73B | 4.98B | 5.08B | 4.91B | 4.24B | 4.20B | 4.12B |
| Gross Profit | 2.31B | 2.54B | 4.09B | 2.60B | 1.39B | 712.64M | 746.16M | 912.88M |
| Operating Expenses | 733.20M | 648.37M | 698.74M | 734.08M | 607.76M | 549.36M | 560.61M | 691.28M |
| Research & Development | 476.24M | 433.83M | 421.53M | 466.29M | 459.24M | 396.53M | 425.52M | 461.19M |
| Operating Income | 1.57B | 1.89B | 3.39B | 1.86B | 781.03M | 163.28M | 185.55M | 221.60M |
| Interest Expense | 53.56M | 51.29M | 60.73M | 70.76M | 73.84M | 100.22M | 93.15M | 84.18M |
| Other Income (Expense) | -9.23M | 7.29M | -36.92M | 31.22M | 1.74M | 39.01M | -36.86M | 33.54M |
| Pretax Income | 1.74B | 2.24B | 3.57B | 2.11B | 802.80M | 160.70M | 69.19M | 258.83M |
| Income Tax | 255.27M | 271.43M | 628.93M | 285.44M | 60.22M | 7.70M | -36.91M | 33.48M |
| Net Income | 1.49B | 1.95B | 2.91B | 1.85B | 814.13M | 272.65M | 250.82M | 326.47M |
| Net Income growth (YoY) | -23.69% | -33.05% | +57.62% | +126.92% | +198.59% | +8.70% | -23.17% | — |
| EPS (Basic) | 0.12 | 0.16 | 0.24 | 0.15 | 0.07 | 0.02 | 0.02 | 0.03 |
| EPS (Diluted) | 0.12 | 0.16 | 0.23 | 0.15 | 0.07 | 0.02 | 0.02 | 0.03 |
| Shares Outstanding (Basic) | 12.17B | 12.14B | 12.10B | 12.01B | 11.85B | 11.57B | 11.89B | 11.99B |
| Shares Outstanding (Diluted) | 12.37B | 12.38B | 12.49B | 12.24B | 12.25B | 12.95B | 13.27B | 13.27B |
| Gross Margin | 32.57% | 34.94% | 45.12% | 33.82% | 22.05% | 14.38% | 15.10% | 18.12% |
| Operating Margin | 22.22% | 26.01% | 37.42% | 24.26% | 12.40% | 3.30% | 3.76% | 4.40% |
| Net Margin | 21.00% | 26.82% | 32.11% | 24.06% | 12.93% | 5.50% | 5.08% | 6.48% |
This table shows 8 annual periods of United Microelectronics (NEW)'s income statement, from FY 2024 back to FY 2017, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow UMC's reporting calendar. What is a income statement?