UMC FY 2024 Earnings Report — United Microelectronics Corporation Revenue & Financial Results | Market Cap Arena

United Microelectronics CorporationUMC

FY 2024 Earnings

Reported April 24, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$7.4B	—	$7.0B	—	4.4%
Op. Income	$1.6B	—	$1.8B	—	-10.8%
Gross Margin	32.6%	—	34.9%	—	-2.4pp
Net Margin	20.3%	—	26.8%	—	-6.5pp
EPS (Diluted)	$0.59	—	$0.76	—	-22.6%
Free Cash Flow	$169M	—	-$254M	—	166.4%

Revenue Flow

Item	Amount
REVENUE	$7.4B
Cost of Revenue	$5.0B
GROSS PROFIT	$2.4B
R&D Expenses	$495M
Selling & Marketing	$86M
General & Administrative	$225M
SG&A Expenses	$311M
Other Expenses	-$44M
Operating Expenses	$761M
Cost & Expenses	$5.7B
OPERATING INCOME	$1.6B
Interest Income	$116M
Interest Expense	$53M
Other Income/Expenses	$146M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$289M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$1.5B
EBIT	$1.6B
EBITDA	$3.1B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$7.4B
Cost of Revenue	$5.0B
GROSS PROFIT	$2.4B
R&D Expenses	$495M
Selling & Marketing	$86M
General & Administrative	$225M
SG&A Expenses	$311M
Other Expenses	-$44M
Operating Expenses	$761M
Cost & Expenses	$5.7B
OPERATING INCOME	$1.6B
Interest Income	$116M
Interest Expense	$53M
Other Income/Expenses	$146M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$289M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$1.5B
EBIT	$1.6B
EBITDA	$3.1B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.5B
Depreciation & Amortization	$1.5B
Stock-Based Compensation	$26M
Deferred Income Tax	$0
Other Non-Cash Items	$836.0K
Change in Working Capital	-$74M
OPERATING CASH FLOW	$3.0B
Capital Expenditure	-$2.8B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$82M
NET CASH FROM INVESTING	-$2.7B
Net Debt Issuance	-$34M
Common Stock Repurchased	$0
Common Dividends Paid	-$1.2B
Other Financing Activities	-$17M
NET CASH FROM FINANCING	-$1.2B
FREE CASH FLOW	$169M
Net Change in Cash	-$873M

Balance Sheet

Item	Amount
Cash & Equivalents	$3.3B
Short-Term Investments	$324M
Net Receivables	$1.1B
Inventory	$1.1B
Other Current Assets	$93M
TOTAL CURRENT ASSETS	$6.0B
PP&E (Net)	$9.2B
Goodwill	$241.1K
Intangible Assets	$131M
Long-Term Investments	$2.0B
Tax Assets	$165M
Other Non-Current Assets	$210M
TOTAL NON-CURRENT ASSETS	$11.7B
TOTAL ASSETS	$17.7B
Account Payables	$242M
Short-Term Debt	$270M
Deferred Revenue	$70M
Other Current Liabilities	$579M
TOTAL CURRENT LIABILITIES	$2.5B
Long-Term Debt	$1.8B
Deferred Revenue NC	$15M
Deferred Tax Liabilities	$257M
Other Non-Current Liabilities	$1.5B
TOTAL NON-CURRENT LIABILITIES	$3.7B
TOTAL LIABILITIES	$6.2B
Common Stock	$4.0B
Additional Paid-In Capital	$545M
Retained Earnings	$5.8B
Treasury Stock	-$310M
Accum. Other Comp. Income	$1.5B
Other Equity	$59M
TOTAL STOCKHOLDERS' EQUITY	$11.6B
Minority Interest	$8M
TOTAL EQUITY	$11.6B
TOTAL LIABILITIES & EQUITY	$17.7B
Total Debt	$2.2B
Net Debt	-$1.1B