Advantech Co. reported record first-quarter profit as demand for its artificial intelligence solutions boosted margins across key sectors.
The Taiwanese industrial computing company’s net income rose 31% to NT$830 million ($25.9 million) in the January-March period, while revenue increased 5.3% to NT$34.47 billion ($1.08 billion). Earnings per share climbed 28.9% to NT$6.02, marking the company’s strongest first-quarter performance historically.
Operating profit surged 57% to NT$1.52 billion as Advantech shifted toward higher-margin businesses. Its AI-driven Edge-as-a-Service platform saw revenue jump nearly 70% to NT$3.36 billion, highlighting the company’s successful transition toward recurring revenue streams.
Advantech has structured its operations to minimize impact from recent U.S. tariff policies. Its global manufacturing network spans 16 facilities across 24 countries, with operations in Taiwan, Vietnam, Malaysia and the EU largely benefiting from tariff exemptions.
The company maintains a “China for China” approach for its mainland operations, avoiding direct exports to the U.S., while leveraging USMCA benefits for its North American production.
Looking ahead, Advantech projects sustained growth throughout 2025, citing strong order visibility in sectors including smart retail, energy, 5G, aerospace, and manufacturing. The company plans to continue expanding in digital transformation, energy management, and AI applications.