Parade Technologies Reports First Quarter 2026 Financial Results

Posted April 22nd, 2026

Financial Highlights:

  • Q126 consolidated revenue US$126.14 million, compared with US$126.23 million in the year-ago quarter
  • Q126 consolidated net income US$16.73 million; Basic and Fully diluted after-tax EPS US$0.21 (NT$6.77) and US$0.21 (NT$6.73), respectively

Parade Technologies, Ltd. today announced its financial results for the first quarter fiscal year 2026 ended March 31, 2026, and provided guidance for the second quarter of fiscal year 2026.

Consolidated revenue was US$126.14 million and consolidated net income was US$16.73 million. Basic and fully diluted after-tax earnings per share (“EPS”) were US$0.21 (NT$6.77) and US$0.21 (NT$6.73), respectively. These results compared to consolidated revenue US$126.23 million and consolidated net income of US$20.19 million, or US$0.25 (NT$8.38) and US$0.25 (NT$8.33) per basic and fully diluted share, in the year-ago quarter.

In US dollars, the first quarter of 2026 consolidated revenue increased 0.74% sequentially and was down 0.07% year-over-year.

The gross profit in the first quarter of 2026 was US$50.83 million, representing a decrease of 3.41% from the previous quarter and a decrease of 5.38% compared to the same quarter of last year.

On February 10, 2026, Parade announced the production availability of the TC3408 and TC3410 devices, the industry’s first single-chip Touch with TCON Embedded Driver (TTED) solution for the 1920 x 1200 (WUXGA) resolution mainstream notebook market. These devices deliver extremely narrow panel borders and TCON PCB form factors to enable ever thinner notebook designs at cost-effective price points. TC3408 and TC3410 incorporate the latest power saving features of eDP 1.5 for unmatched logic power performance at up to 120 Hz display refresh rate.  The devices combine Parade’s broad portfolio of patented touchscreen technology and market proven eDP TCON, in-cell and high-speed signal technology, to provide excellent picture quality and responsive touch performance.

On February 12, 2026, Parade announced sampling availability of the TC3410-AS device, the industry’s first single-chip Touch with TCON Embedded Driver (TTED) solution with integrated active stylus support for 1920 x 1200 (WUXGA) resolution. This new device drastically reduces the silicon, hardware, sensor costs and logistical complexity associated with adding active stylus capability to existing touchscreen panels. The TC3410-AS device combines Parade’s broad portfolio of patented touchscreen technology and market proven eDP TCON, in-cell and high-speed signal technology, to provide excellent picture quality at 120 Hz display with responsive 240 Hz active stylus performance.

On March 4, 2026, Parade introduces the availability of two new quad channel Linear Redrivers to support both 224Gbps and 112Gbps Ethernet applications for server, storage and high performance AI scale-up Data Center cable use. With industry leading linearity and best possible group delay – particularly when there is line rate adjustment, the PS9524/PS9514 Ethernet Linear Redrivers provide programmable EQ boosts up to 25dB/22dB, while operating from a single 3.3v supply. Key parameters for the HPC/AI datacenter include low power and low latency, making retimed cables more problematic. With its small form factor and low power consumption, the PS9524/PS9514 are optimized to fit existing metal shells of various form factors (including QSFP, QSFP-DD, OSFP, OSFP-XD) without the need for additional heat sink. The advanced linearity allows datacenters to trade-off extended cable distance versus thinner cables to reduce routing and system thermal complexity.

On April 2, 2026, Parade announces the availability of PS8651V DP 2.1a/HBR3 1:2 MST hub controller for automotive, accessories and video display designs that need DP/eDP port expansion. It adds to Parade’s DP MST Hub solutions which include the PS8650 DP 2.1a/UHBR20 1:4 MST hub controller already on the market. The PS8651V is compliant with VESA DisplayPort v2.1a and eDP 1.5 specifications up to HBR3 or 8.1Gbps/lane link rate, up to 4 lanes. It is AEC-Q100 Grade 2 (-40°C to +105°C ambient temperature) qualified for automotive applications.

Based on current business outlook, Parade is providing the following guidance for the second quarter of fiscal 2026:

  • Revenue: US$127.0 ~141.0 Million
  • Gross Margin: 40% ~44%
  • Operating Expense: US$33.0 ~36.0 Million

The financial figures detailed above for the first quarter of 2026 have been reviewed by independent accountants.

 

 

About Parade Technologies, Ltd.

Parade Technologies, Ltd. is a leading supplier of mixed-signal ICs for a variety of popular display and high-speed interface standards used in computers, consumer electronics and display panels.  The fabless semiconductor company was founded in 2005 and publicly listed on Taipei Exchange (“TPEx”) in 2011 (stock code: 4966). Parade’s portfolio of IC products serves the growing demand for HDMI™, DisplayPort™, SATA, and USB ICs for display, storage and interface applications.

In addition to being a technology innovator, Parade is an active participant and leader in industry standards-setting organizations. Parade Technologies, Inc., a wholly owned US-based subsidiary of Parade Technologies, Ltd., is a member of VESA (Video Electronics Standard Association). Parade Technologies, Inc. has made key contributions to the development of VESA’s DisplayPort™ digital video interface standard.

Parade leverages its close relationships with market leading Tier-1 OEMs to develop ICs that provide unique system capabilities. Many of the company’s devices integrate proprietary technologies that offer superior system signal integrity, advanced system integration and enhanced power efficiency. As a result of the company’s “standards-plus” design philosophy, Parade ICs have been designed into products offered by nearly every leading computer and display vendor worldwide.