Continuing the strong growth trajectory seen in the first quarter of 2026, Delta Electronics maintained robust year-over-year revenue momentum in April, supported by continued expansion in AI data center-related business.
Demand for the company's power and components business remained strong, while infrastructure-related operations also expanded steadily, driving a sharp increase in monthly performance compared with the same period in 2025.
Market expectations for the second quarter point to both sequential and annual revenue growth, with AI power systems and liquid cooling solutions continuing to serve as Delta Electronics' primary growth drivers.
The company sustained its first-quarter operating momentum, posting a gross margin of 37% during the quarter, while net profit and earnings per share both reached record highs for the same period. Profitability also improved as the earnings structure continued to shift toward higher-margin businesses.
Delta Electronics said growth was mainly driven by continued capital expenditure expansion among major global cloud service providers (CSPs), as accelerating AI-related services boosted demand for data center power and thermal management products.
Within its business structure, the power and components segment accounted for more than 50% of revenue, followed by infrastructure operations. Combined, the two segments contributed nearly 90% of total revenue, underscoring the growing influence of the AI data center market on the company's overall performance.
By segment contribution in April, power and components accounted for 54% of revenue, infrastructure represented 33%, automation contributed 9%, and transportation made up 4%.
On the product front, Delta Electronics previously said during an earnings conference that its ±400V high-voltage direct current (HVDC) products are scheduled to enter mass production in 2026. Its 800V architecture products, aligned with next-generation AI platform deployments, are expected to begin small-volume shipments in the second half of 2026, with more meaningful contributions anticipated in 2027.
The company is also continuing to expand manufacturing capacity in 2026. Delta Electronics' board previously approved investments exceeding NT$10 billion to build a new plant in Guanyin while simultaneously advancing reconstruction work at its Taoyuan Plant 1 facility.
In Thailand, three newly completed factories finished construction at the end of 2025 and officially began supporting liquid cooling system mass production in 2026, becoming a major pillar of Delta Electronics' non-China manufacturing operations.
With existing capacity remaining tight, the company is also evaluating additional expansion sites to meet medium- to long-term customer demand.
Delta Electronics reported consolidated April 2026 revenue of NT$58.69 billion (approx. US$2 billion), up 43.9% from a year earlier but down 1.8% from March. Cumulative consolidated revenue for January through April reached NT$218.04 billion, representing annual growth of 36.5%.
Article translated by Levi Li and edited by Jack Wu
