Foxconn’s (FXCOF) January revenue surged 35.53% year-over-year amid strong demand for AI products.
First Quarter 2026 Outlook
The Apple (AAPL) and Nvidia (NVDA) supplier — which is formally known as Hon Hai Precision (HNHAF) (HNHPF) — said that while the fourth quarter of 2025 revenue reached a record high and information and communication technology, or ICT, products are gradually entering the traditional off-season, visibility for the first quarter is better than the previous month.
“Shipments of AI racks continue to increase, and Smart Consumer Electronics are also better than expected. The seasonal performance for the current quarter is expected to be better than the range of the past five years,” said the Taiwanese company in a press release on Thursday.
January 2026 Revenue
Foxconn said revenue in January grew 35.53% year-over-year to NT$730B but declined 15.39% month-over-month. The company noted that in U.S. dollars, revenue was down 15.8% month-over-month and increased about 41.3% year-over-year, reflecting the highest figure for the same period on record — January 2023 ranked the second highest with NT$660.4B.
Year-Over-Year
The company said Cloud and Networking Products saw strong demand from AI products, resulting in revenue showing strong growth year-over-year.
Components and Other Products also showed strong growth year-over-year due to an increase in shipments of key components.
Smart Consumer Electronics segment benefited from positive pull-in momentum, and its revenue delivered strong growth year-over-year, according to the company.
However, the company said that Computing Products performance slightly declined year-over-year.
Month-Over-Month
Foxconn said that due to the impact of shipment schedules during this quarter, the Cloud and Networking Products segment declined compared to the previous month.
The Computing Products category showed significant growth compared to December 2025.
Meanwhile, the Smart Consumer Electronics and Components and Other Products segments declined compared to the previous month, according to the company.
Foxconn is slated to report its fourth quarter 2025 financial results on March 16.