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HYBE (352820) investor relations material

HYBE Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary28 Jul, 2026

Executive summary

  • Revenue in 2Q26 reached KRW 1,449,998 million, up 107.6% quarter-over-quarter and 105.5% year-over-year.

  • Operating profit turned positive to KRW 170,925 million, a 159.3% increase year-over-year.

  • Net profit rebounded to KRW 109,765 million, reversing a loss in the previous quarter.

Financial highlights

  • Adjusted operating profit margin improved to 11.8%, up 3.4 percentage points quarter-over-quarter.

  • Gross margin for 2Q26 was KRW 461,425 million.

  • Significant growth in Artist Direct revenue (KRW 1,039,880 million, up 157.6% QoQ, 132.2% YoY).

  • Merchandising & Licensing revenue more than doubled year-over-year to KRW 310,592 million.

Outlook and guidance

  • Over 200 concerts planned for 2H26, indicating continued strong live event activity.

  • Expansion of concert experiences and global brand presence through diversified formats and themed events.

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