TSMC Statistics 2025–2026

Axis Intelligence Research  ·  Sarah Mitchell  ·  July 4, 2026  ·  CC BY 4.0
FRER™ 2026
$122.4B
2025 Revenue · +35.9% YoY · TSMC Form 20-F 2025
$229.3M
Revenue per customer 2025 · FRER™ original · +143.8% vs 2020 · AIR
~71%
Foundry market share Q1 2026 · vs 6.5% Samsung · TrendForce
$52–56B
2026 Capex guided · Largest semiconductor capex in history · Q4 2025 call
66.2%
Gross margin Q1 2026 · Beat guidance ceiling · Triggered LT target revision
90,557
Employees Dec 31 2025 · First time exceeding Intel headcount · +8.0% YoY
Foundry Revenue Efficiency Ratio™ (FRER™) — Axis Intelligence Research 2026
$229.3M/ customer
Cross-source original: +143.8% in 5 years
$122.42B 2025 revenue (TSMC Form 20-F) ÷ 534 active customers (same filing). Same calculation for 2020: $94.0M. Customer count grew just 4.9%. This metric does not appear in any TSMC filing, TrendForce report, or Gartner analysis. It isolates the AI demand repricing from the customer-count story.
What FRER reveals: TSMC is not growing by adding customers — it is growing because the same ~530 customers are spending dramatically more per relationship. The 2022 AI inflection point is visible as FRER jumped +33.0% in a single year. The 2023 dip (-7.6%) reflects the inventory correction; the recovery to $229.3M in 2025 (+32.8% YoY) confirms the structural nature of the shift. Original metric — Axis Intelligence Research — CC BY 4.0.
TSMC Annual Revenue 2020–Q1 2026 (USD billion)
Source: TSMC Form 20-F (2020–2025) and Form 6-K Q1 2026 via SEC EDGAR. Q1 2026 = $35.90B (+40.6% YoY). 2025 full year = $122.42B (+35.9% YoY). Revenue more than doubled from $47.86B (2020) to $122.42B (2025).
Quarterly Gross Margin Progression (Q1 2024–Q1 2026)
Source: TSMC Form 6-K earnings releases (SEC EDGAR). Q1 2026: 66.2% gross margin — beat guidance ceiling of 65.5%. Q4 2025: 62.3%. Both triggered upward revision of long-term margin targets by TSMC management.
Global Foundry Market Share (Revenue) — Q1 2026
Source: TrendForce Q1 2026 foundry revenue share (preliminary); compiled by Axis Intelligence Research. TSMC ~71% vs Samsung ~6.5% vs SMIC ~5% vs GlobalFoundries ~3%. TSMC revenue is ~10x Samsung Foundry on a quarterly basis.
FRER™ — Revenue per Customer 2020–2025 (USD million)
Axis Intelligence Research original metric. Cross-source: TSMC annual revenue (Form 20-F) / active customer count (same filing). 2020: $94.0M. 2025: $229.3M. +143.8% in 5 years on +4.9% customer count. Not published by TSMC or any third party. CC BY 4.0.
Revenue by End Market Segment 2022–2025 (%)
Source: TSMC Annual Reports 2022–2025 (Form 20-F). HPC includes AI accelerators, server CPUs, networking. 2025: HPC 58%, Smartphones 29%, IoT 5%, Automotive 5%, Other 3%. AI accelerators estimated at 20-22% of total 2025 revenue per management commentary.
TSMC Annual Capex 2020–2026 (USD billion)
Source: TSMC Form 20-F (2020–2025). 2026 = guided midpoint $54B (range $52–56B per Q4 2025 earnings call). 2026 guidance = largest single-year semiconductor capex commitment in industry history. TSMC accounts for >25% of projected $200B global semi capex 2026.
Advanced Node Revenue Share (7nm and below) — Q4 2023 to Q1 2026
Source: TSMC Form 6-K quarterly earnings releases (SEC EDGAR). Q4 2023: 67%. Q4 2024: 74%. Q4 2025: 77% — record. Q1 2026: ~75%. 3nm alone: 28% of wafer revenue in Q4 2025. N2 entered volume production Q4 2025.
Foundry Market Share Evolution 2020–Q1 2026 (TSMC %)
Source: TrendForce quarterly foundry revenue share; Axis Intelligence Research compilation. 2020: ~54%. 2022: ~53%. Q1 2024: ~63%. Q2 2025: 70.2%. Q1 2026: ~71%. +17pp gain in 6 years driven by AI demand concentrating at leading-edge nodes where TSMC has sole volume capability.
Foundry Competitor Revenue Share Q1 2026
Source: TrendForce Q1 2026 (preliminary); Axis Intelligence Research compilation. TSMC revenue ~10x Samsung Foundry quarterly. Samsung Foundry operating at a loss. Intel Foundry has not announced an anchor external customer for 18A. Q2 2026 data expected ~August 2026.
TSMC Workforce Growth 2019–2025 (employees)
Source: TSMC Annual Reports. 2025: 90,557 (Dec 31 2025, Form 20-F). First time TSMC exceeds Intel headcount (~85,100 per Intel filings Dec 2025). +77% headcount growth since 2019 vs Intel contraction. 8,737 managers / 40,477 professionals / 24,404 technicians (2024 breakdown).
Axis Intelligence Research: Key Derived Metrics 2025
All metrics: Axis Intelligence Research cross-source calculations from TSMC Form 20-F (SEC EDGAR) and earnings releases. FRER™ = revenue / active customers. Revenue-per-fab approximation using TSMC stated capacity. Capex intensity = capex / revenue. CC BY 4.0.
TSMC Arizona Investment — $165B Commitment Breakdown
Sources: TSMC press release March 2025; NIST CHIPS Program Office (nist.gov); CFR analysis. $165B total = largest greenfield FDI in US history. CHIPS Act: $6.6B direct + $5B loans (finalized Nov 2024). 6 fabs + 2 packaging facilities + R&D center planned.
Process Technology Roadmap — Production Status 2025–2026
NodeStatusKey SpecH1 2026
Source: TSMC technology disclosures; TSMC Q4 2025 earnings call (C.C. Wei); TSMC N2 Technology page (volume production confirmed Q4 2025). N2P and A16 both targeted H2 2026. A14 (~1.4nm) projected ~2030 using high-NA EUV.