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Foxconn smashes Q4 forecasts on surging AI demand
(Sharecast News) - Foxconn on Monday reported fourth-quarter results that smashed expectations, with year-on-year growth accelerating significantly over the quarter, helped by a surge in demand for AI servers. The world's largest electronics contract manufacturer, which serves as Apple's primary contract manufacturer, reported record quarterly revenues of 2.603trn New Taiwan dollars for the last three months of 2025, representing 26.5% quarter-on-quarter and 22.1% growth over the year before.
The consensus forecast was NT$2.418bn, according to the the LSEG SmartEstimate, with annual growth jumping from 11.3% in October to 25.5% in November and 31.8% in December.
Sales in December, which came in at a record NT$863bn, were driven by strong growth in components sales, along with cloud and networking products, which "benefitted by pull-in momentum for AI products", the company said.
Looking ahead, Foxconn said the strong fourth-quarter performance "caus[ed] a high base for the first quarter".
"In the first quarter of 2026, ICT products have entered a traditional off-season. However, with continued ramp-up in AI [server] rack shipments, even against the high base of 4Q25, the seasonality of this quarter is expected to be near the upper end of the past five-year range."
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