SK hynix Q3 revenue tops KRW 100 trillion for first time, up 328% YoY

TechFlow reported on Oct 28 that SK hynix announced fiscal Q3 2026 results, with revenue of KRW 104.62 trillion, up 32% QoQ and 328% YoY, against consensus of KRW 98.96 trillion; operating profit of KRW 83.33 trillion, up 38% QoQ and 632% YoY, against consensus of KRW 77.5 trillion; net profit of KRW 39.78 trillion, up 216% YoY and down 58% QoQ, against consensus of KRW 59.66 trillion. The Q3 operating margin reached 80%, and the net margin was 38%. Revenue and operating profit both set quarterly all-time highs, with revenue surpassing KRW 100 trillion for the first time.

The company said rising AI storage demand drove price increases for its key products, while stronger sales of HBM4, server DDR5 and enterprise solid-state drives (eSSD) lifted performance.

Source: TechFlow