Trio-Tech International reported an 82% year-over-year revenue increase to $15.6 million for its fiscal second quarter ended December 31, 2025, driven by strong demand for semiconductor testing services supporting AI and EV applications. The company also announced improved operating income and provided an outlook for continued demand through fiscal 2026.
Key takeaways
Total revenue for Q2 FY2026 was $15.6 million, an 82% increase from $8.6 million in Q2 FY2025
Semiconductor Back-End Solutions segment revenue grew 113% to $12.4 million, driven by higher testing volumes for AI compute chips and EV power devices
Net income attributable to common shareholders was $126 thousand ($0.01 per diluted share), compared to $507 thousand ($0.06 per diluted share) in the prior year quarter
Cash, cash equivalents, and restricted cash totaled $19.2 million as of December 31, 2025
The company expects continued demand for semiconductor back-end testing services through fiscal 2026, supported by customer programs for advanced and AI-related devices
Gross margin was 16% of revenue ($2.5 million), compared to 26% ($2.2 million) in the prior year period