Venture Corporation: Venture’s growth accelerates as both portfolios return to growth

Beansprout Pro in brief

• Venture Corporation’s earnings recovery accelerated in 3Q2026, with revenue rising 26.0% year-on-year to S$790.4 million and net profit increasing 21.9% to S$67.8 million.
• Portfolio B remained the main growth engine, with revenue increasing 38.1% year-on-year as production ramp-ups and market-share gains continued across its technology domains.
• More encouragingly, Portfolio A returned to growth, supported by Life Science, while Venture said it continued to make progress on the next-generation Lifestyle Consumer product.
• Net margin remained resilient at about 8.6% in 3Q2026, compared with 8.9% a year earlier, even as Venture ramped up production to support strong revenue growth.
• The results provide stronger evidence that the earnings recovery we identified at initiation is taking hold. The question now is whether the faster revenue growth can translate into stronger earnings and cash flow without further pressure on margins.