Foxconn Q3 revenue jumps 47% on AI demand, eyes strong 2027
11/12/2026 — 11/12, 19:21·1 sources (all)·1 reports (all)
Key takeaways
- Foxconn reported third-quarter revenue of about $95.4 billion, up 47% year on year, and net profit of roughly $2.4 billion, up 34%, both bea…
Background & analysis
On November 12, 2026, Bloomberg reported that Hon Hai Precision Industry Co., also known as Foxconn, posted its third-quarter results, with quarterly revenue reaching approximately $95.4B, up 47% year over year, and net income of roughly $2.4B, up 34% year over year. Both figures came in above estimates. The report attributed the results to demand driven by AI as well as the iPhone Duo.
Looking ahead, Hon Hai Precision Industry Co. forecast strong sales growth for 2027, saying the projection follows a quarterly profit that beat estimates and is underpinned by soaring worldwide AI spending. The quarterly figures and the forward-looking outlook for 2027 have now been made public, and no further developments on the matter have been reported since.
AI-generated from 1 reports · updated 1 day ago
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Reports on this story headlines open the original
Bloomberg reports that Hon Hai (Foxconn) posted Q3 revenue of about $95.4B, up 47% year over year, and net income of about $2.4B, up 34%, beating estimates. The company forecast strong sales growth for 2027, citing soaring worldwide AI spending.
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