Key Stock: Jetion's Gross Margin Set to Rise, Q3 Revenue to Challenge NT$30 Billion, Share Price Soars on Explosive Volume

Amid robust demand for server PCBs, printed circuit board (PCB) manufacturer Jetion (3044-TW) has reported outstanding revenue performance. In July 2026, Jetion achieved a record-high revenue of NT$9.822 billion. Based on current production capacity utilization, the company’s Q3 2026 revenue is poised to challenge the NT$30 billion mark, with full-year 2026 revenue targeting the NT$100 billion threshold. Today, Jetion’s share price surged to its daily trading limit at NT$441.5 on explosive volume exceeding 8,000 lots.

Jetion posted second-quarter 2026 revenue of NT$24.857 billion, surpassing the previous record of NT$20.964 billion set in Q1 and marking another all-time high. This represents an 18.57% sequential increase and a 38.84% year-over-year growth. As economies of scale expand, gross margin in Q2 is expected to rise significantly compared to Q1’s 26.51%. For the first half of 2026, total revenue reached NT$45.822 billion, up 30.8% year-on-year.

Since the beginning of 2026, Jetion has demonstrated strong performance even during traditionally slower periods. The company announced today (the 10th) that its July 2026 revenue hit a new high of NT$9.822 billion, up 22.74% month-on-month and 56.55% year-on-year. Cumulative revenue from January to July 2026 totaled NT$55.643 billion, a 34.71% year-on-year increase. Given this trajectory, Jetion is on track to exceed NT$30 billion in Q3 2026, with full-year 2026 revenue aiming for the NT$100 billion milestone.

In Q1 2026, Jetion reported revenue of NT$20.964 billion, a gross margin of 26.51% (up 1.04 and 1.54 percentage points quarter-on-quarter and year-on-year, respectively), and net profit after tax of NT$2.946 billion—its highest ever for the period—representing a 19.22% quarterly and 25.06% annual increase. Earnings per share (EPS) stood at NT$5.61. With Q2 revenue climbing further, gross margin is projected to show a significant improvement over Q1’s 26.51%.

Among Jetion’s product applications, demand for server and memory-related products remains exceptionally strong, with order visibility extending into the second half of the year. While major PCB manufacturers are primarily supplying high-end AI servers based on GPUs and ASICs, general server orders are increasingly shifting to Jetion. Additionally, pricing for memory module boards is gradually reflecting rising gold prices. Together, these factors have driven order growth well beyond initial market expectations.