All currency figures stated in this report are in US Dollars unless stated otherwise.
The consolidated financial information is prepared in accordance with International Financial Reporting Standards (“IFRS”) and is presented in accordance with IFRS unless otherwise stated below.
Shanghai, China –August 13, 2025 – Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) (“SMIC”, the “Company” or “we”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended June 30, 2026.
Second Quarter 2026 Highlights
- Revenue was $3,005.6 million in 2Q26, compared to $2,505.5 million in 1Q26, and $2,209.1 million in 2Q25.
- Gross profit was $760.6 million in 2Q26, compared to $503.6 million in 1Q26, and $449.8 million in 2Q25.
- Gross margin was 25.3% in 2Q26, compared to 20.1% in 1Q26 and 20.4% in 2Q25.
The following statements are forward looking statements based on current expectations and involved risks and uncertainties.
Third Quarter 2026 Guidance
The Company expects (in accordance with IFRSs):
- Revenue to increase by 2% to 4% QoQ.
- Gross margin to range from 26% to 28%.
The Management Comments
In the second quarter, the Company overall achieved total revenue of $3 billion, up 20% sequentially; gross margin was 25.3%, up 5.2 percentage points sequentially.
In the third quarter, the Company’s revenue is expected to increase 2% to 4% sequentially, and the gross margin is expected to be in the range of 26% to 28%.
Looking ahead to the second half of this year, the industrial momentum and spillover effects generated by AI will persist, driving broad based demand for integrated circuit manufacturing. The Company will flexibly allocate existing capacity and accelerate the qualification of newly added capacity to help ease supply constraints across the industry chain. Overall, the Company maintains an optimistic outlook on industry trends and the Company’s development.
Conference Call / Webcast Announcement
Date: Friday, August 14, 2026
Time: 8:30 A.M. - 9:30 A.M.
WEBCAST
The call will be webcast live at:
https://edge.media-server.com/mmc/p/ew6dh658
CONFERENCE CALL
Please register in advance for the conference call at:
https://register-conf.media-server.com/register/BI950a9abfd0184348823ef5ab16940245
REPLAY
Recording will be available 1 hour after the event and it will be archived for 12 months.
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About SMIC
Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) is one of the leading foundries in the world and is the front runner in manufacturing capability, manufacturing scale, and comprehensive service in the Chinese Mainland. SMIC Group provides semiconductor foundry and technology services to global customers on 8-inch and 12-inch wafers. Headquartered in Shanghai, China, SMIC Group has an international manufacturing and service base, with 8-inch and 12-inch wafer fabrication facilities in Shanghai, Beijing, Tianjin and Shenzhen. SMIC Group also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, China.
For more information, please visit www.smics.com.
Forward-Looking Statements
This release contains, in addition to historical information, forward-looking statements. These forward-looking statements are based on SMIC's current assumptions, expectations, beliefs, plans, objectives, and projections about future events or performance. SMIC uses words including but not limited to “believe”, “anticipate”, “intend”, “estimate”, “expect”, “project”, “target”, “going forward”, “continue”, “ought to”, “may”, “seek”, “should”, “plan”, “could”, “vision”, “goal”, “aim”, “aspire”, “objective”, “schedule”, “outlook” and other similar expressions to identify forward looking statements. These forward-looking statements are estimates made by SMIC's senior management based on their best judgment and involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, risks associated with cyclicality and market conditions in the semiconductor industry, intense competition in the semiconductor industry, timely wafer acceptance by SMIC's customers, timely introduction of new technologies, SMIC's ability to ramp new products into volume, supply and demand for semiconductor foundry services, shortages in equipment, parts, raw materials, software and service supports, orders or judgments from pending litigation, intellectual property litigation in the semiconductor industry, macro- economic conditions, fluctuations in currency exchange rates and the risk of geopolitics.
Contact:
Investor Relations
+86-21-2081-2800
ir@smics.com
