As of Q4'25, TSM reported net income of USD 510.5B, representing a year-over-year growth rate of 36.3%. This marks the highest quarterly net income in the period covered, continuing the strong upward momentum seen in recent quarters. From Q1'23 to Q4'25, TSM's net income displayed a robust growth trend, rising from USD 207B to 510.5B. After a period of volatility and negative YoY growth through most of 2023, the company experienced a significant turnaround beginning in 2024, with YoY growth rates accelerating to over 60% in early 2025 before moderating slightly. This sustained improvement underscores a strong recovery and expansion in profitability over the last two years.