Taiwan iPhone maker Foxconn posts a 22% jump in Q4 revenue on surging AI hardware demand

Foxconn posted record fourth-quarter revenue of $82.7 billion, driven by surging demand for AI servers, as the key Apple and Nvidia supplier capped a strong 2025 despite currency headwinds and a cautious 2026 outlook.

Nathaniel Alexander Abaño January 5, 2026

Foxconn cautioned that the first quarter of 2026 will face normal seasonal weakness in information and communications technology products. Image source: Foxconn / Website

Taiwan’s Foxconn reported a sharp surge in fourth-quarter revenue, as booming demand for artificial intelligence (AI) hardware is reshaping the world’s largest contract electronics maker, according to a statement released Monday..

Foxconn said fourth-quarter revenue jumped 22.1% year on year to a record $82.7 billion (NT$2.60 trillion), well above market expectations. On a US dollar basis, revenue rose an even stronger 26.4%, reflecting robust underlying demand despite currency effects.

The result beat the NT$2.42 trillion consensus forecast compiled by LSEG SmartEstimate and marked the highest single-quarter revenue in the company’s history, Reuters reported.

Year-end momentum

The strong finish capped a solid year for the key supplier to Nvidia and Apple. Full-year 2025 revenue climbed 18.1% to $258 billion (NT$8.10 trillion), also a record and up sharply from NT$6.86 trillion in 2024.

Foxconn said growth was driven primarily by its cloud and networking business, which has benefited from surging orders for AI servers and related infrastructure.

The momentum was particularly visible in December, when revenue rose 31.8% year on year to $27.4 billion (NT$862.9 billion), the highest December figure on record. On a monthly basis, revenue increased 2.2%, with cloud and networking products and components posting strong gains.

Smart consumer electronics, which include iPhone assembly, edged lower due to a high comparison base and unfavorable exchange rates, while computing products declined after inventory build-ups ahead of the holiday season.

Cautious outlook

By segment, Foxconn said cloud and networking products delivered strong growth across the quarter and full year, fueled by sustained pull-in demand for AI products. Components and other products also recorded solid gains, supported by core business momentum.

In contrast, smart consumer electronics and computing products were broadly flat for the year, weighed down by currency impacts and slower demand following last year’s product launches.

Looking ahead, Foxconn cautioned that the first quarter of 2026 will face normal seasonal weakness in information and communications technology products. However, the company said continued ramp-up in AI server rack shipments should help performance come in near the upper end of its historical five-year range, even against the elevated base set in the fourth quarter.

Foxconn, formally known as Hon Hai Precision Industry, does not provide numerical forecasts and is scheduled to report fourth-quarter earnings in March. Its shares rose 25.3% in 2025, broadly in line with Taiwan’s benchmark index, and closed up at 1.08% on Monday ahead of the revenue release.