UMC financial statements

The full income statement, balance sheet, and cash-flow statement for United Microelectronics Corporation (NEW) (UMC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2017-12 2.52B2018-12 2.48B2019-12 2.34B2020-12 2.48B2021-12 2.50B2022-12 2.50B2023-12 2.51B2024-12 2.51B2025-12 2.52B-0.3% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	7.57B YoY+6.9%	7.08B YoY-2.5%	7.27B YoY-19.9%	9.07B YoY+18.1%	7.68B YoY+21.9%
	2.20B YoY-4.8%	2.31B YoY-9.1%	2.54B YoY-38.0%	4.09B YoY+57.6%	2.60B YoY+87.0%
Cost of revenue	5.38B YoY+12.5%	4.78B YoY+1.0%	4.73B YoY-5.0%	4.98B YoY-2.1%	5.08B YoY+3.5%
Research & development	565M YoY+18.6%	476M YoY+9.8%	434M YoY+2.9%	422M YoY-9.6%	466M YoY+1.5%
Operating income	1.40B YoY-11.0%	1.57B YoY-16.7%	1.89B YoY-44.3%	3.39B YoY+82.1%	1.86B YoY+138.6%
Interest expense	51.1M YoY-4.6%	53.6M YoY+4.4%	51.3M YoY-15.6%	60.7M YoY-14.2%	70.8M YoY-4.2%
Pre-tax income	1.53B YoY-11.9%	1.74B YoY-22.2%	2.24B YoY-37.3%	3.57B YoY+69.2%	2.11B YoY+162.7%
Income tax	252M YoY-1.3%	255M YoY-6.0%	271M YoY-56.8%	629M YoY+120.3%	285M YoY+374.0%
	1.28B YoY-13.7%	1.48B YoY-24.4%	1.96B YoY-33.2%	2.94B YoY+61.2%	1.82B YoY+145.5%
Net income to common	1.29B YoY-13.5%	1.49B YoY-23.7%	1.95B YoY-33.1%	2.91B YoY+57.6%	1.85B YoY+126.9%
	$0.50 YoY-16.7%	$0.60 YoY-25.0%	$0.80 YoY-30.4%	$1.15 YoY+53.3%	$0.75 YoY+114.3%
EPS (basic)	$0.55 YoY-8.3%	$0.60 YoY-25.0%	$0.80 YoY-33.3%	$1.20 YoY+60.0%	$0.75 YoY+114.3%
	2.44B YoY+0.4%	2.43B YoY+0.3%	2.43B YoY+0.4%	2.42B YoY+0.8%	2.40B YoY+1.3%
	2.47B YoY-0.2%	2.47B YoY-0.1%	2.48B YoY-0.9%	2.50B YoY+2.0%	2.45B YoY-0.0%
Dividends per share	—	$0.44 YoY-7.8%	$0.48 YoY-20.3%	$0.60 YoY+110.6%	$0.29 YoY+5.6%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	6.53B YoY+12.9%	5.78B YoY-18.3%	7.08B YoY-13.8%	8.21B YoY-2.3%	8.41B YoY+43.7%
Cash & equivalents	3.53B YoY+5.4%	3.35B YoY-17.2%	4.04B YoY-28.8%	5.68B YoY+31.5%	4.32B YoY+27.3%
Inventory	1.19B YoY+8.8%	1.09B YoY-6.4%	1.17B YoY+15.4%	1.01B YoY+21.9%	830M YoY+3.3%
	18.1B YoY+5.9%	17.1B YoY-4.3%	17.9B YoY+4.6%	17.1B YoY+5.0%	16.3B YoY+24.6%
Property, plant & equipment	8.65B YoY+1.7%	8.51B YoY+9.0%	7.81B YoY+40.4%	5.56B YoY+18.8%	4.68B YoY-0.9%
Total non-current assets	11.6B YoY+2.3%	11.3B YoY+4.9%	10.8B YoY+21.6%	8.86B YoY+12.9%	7.85B YoY+9.0%
	2.85B YoY+20.9%	2.36B YoY-29.1%	3.33B YoY-9.2%	3.66B YoY-6.1%	3.90B YoY+37.9%
Short-term & current debt	516M YoY+209.1%	167M YoY-62.8%	449M YoY+170.6%	166M YoY-73.6%	630M YoY+785.2%
	6.42B YoY+8.2%	5.93B YoY-10.5%	6.63B YoY+0.9%	6.57B YoY-2.3%	6.73B YoY+31.8%
Long-term debt	1.09B YoY+44.9%	750M YoY-6.6%	803M YoY+6.9%	751M YoY-9.7%	832M YoY+40.0%
	11.7B YoY+4.6%	11.1B YoY-0.6%	11.2B YoY+6.9%	10.5B YoY+10.2%	9.52B YoY+19.9%
Total equity incl. non-controlling	11.7B YoY+4.6%	11.2B YoY-0.6%	11.2B YoY+6.9%	10.5B YoY+10.2%	9.53B YoY+19.9%
	2.52B YoY+0.2%	2.51B YoY+0.2%	2.51B YoY+0.2%	2.50B YoY+0.2%	2.50B YoY+0.5%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.18B YoY+11.2%	2.86B YoY+1.9%	2.81B YoY-40.8%	4.75B YoY+45.7%	3.26B YoY+39.1%
Depreciation & amortization	1.81B YoY+28.0%	1.41B YoY+17.1%	1.21B YoY-12.5%	1.38B YoY-12.4%	1.58B YoY+0.9%
Intangible amortization	90.3M YoY+9.8%	82.2M YoY-7.7%	89.0M YoY-3.7%	92.5M YoY-11.4%	104M YoY+6.8%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	638M	0.00 YoY-100.0%	327M	0.00 YoY-100.0%	929M
Long-term debt repaid	0.00 YoY-100.0%	259M	0.00 YoY-100.0%	433M YoY+500.5%	72.1M YoY-85.2%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Dividends paid	0.00	—	—	—	716M YoY+106.0%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	19.8B YoY+21.4%	16.3B YoY-22.9%	21.2B YoY+29.8%	16.3B YoY-44.2%	29.2B YoY+39.5%
P/E	15.5× YoY+40.7%	11.0× YoY+52.5%	7.2× YoY-19.5%	8.9× YoY-44.2%	16.0× YoY-43.2%
P/S	2.6× YoY+13.6%	2.3× YoY-1.4%	2.3× YoY+9.9%	2.1× YoY-44.2%	3.8× YoY+14.4%
P/B	1.7× YoY+16.0%	1.5× YoY-27.4%	2.0× YoY+17.8%	1.7× YoY-44.2%	3.1× YoY+16.3%
	6.5% YoY-28.9%	9.1% YoY-34.4%	13.9% YoY+24.2%	11.2% YoY+79.2%	6.2% YoY+76.0%
	—	6.8% YoY+20.2%	5.7% YoY-38.5%	9.3% YoY+277.3%	2.5% YoY-23.9%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: UMC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all UMC filings on SEC EDGAR → Not investment advice.