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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Hyundai Motor Company
Hyundai Motor Company (005380) investor relations material
Hyundai Motor Company Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
Q3 operating income rose 5.5% YoY to KRW 2,677 billion and operating margin improved 0.5 percentage points to 5.9%; revenue fell 3.4% to KRW 45,110 billion and net income declined 24.2% to KRW 1,932 billion.
Global wholesale sales fell 11.3% YoY to 921,000 units amid weaker demand and production disruptions.
Financial highlights
Revenue declined 3.4% YoY to KRW 45,110 billion; lower wholesale volume had a negative KRW 3.44 trillion effect, partly offset by favorable FX of KRW 0.66 trillion.
Operating income rose 5.5% to KRW 2,677 billion; automotive operating income increased 24.8% to KRW 2,135 billion, offsetting declines in finance and other operations.
Net income fell 24.2% to KRW 1,932 billion, while income before tax declined 12.6% to KRW 2,907 billion.
SG&A declined 19.2% to KRW 4,645 billion, mainly due to lower warranty provisions; gross profit fell 11.6% to KRW 7,322 billion.
Outlook and guidance
FY2026 wholesale guidance was reduced from 4.1 million to 4.0 million units; revenue growth guidance remains 1%-2% and operating margin guidance was revised to 5.5%-6.5%.
FY2026 free cash flow guidance remains KRW -1.5 trillion to KRW +0.5 trillion; Q4 production normalization and delayed model launches are expected to support supply recovery.
Hybrids, new model launches, lower incentives and cost initiatives are intended to support profitability amid raw material costs, tariffs and geopolitical risks.
Europe and Korea sales recovery is expected in Q4, supported by IONIQ 3 ramp-up, normalized production and new model launches.
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Latest events from Hyundai Motor Company
- FY2023 operating income rose 54%; 2024 guidance targets 8.0–9.0% margin.005380
Q4 2023 - Record sales, bold investments, and a tech-forward Tucson with advanced hybrid and AI features.0053802027 Hyundai TUCSON World Premiere
- Raised 2030 targets, electrification, robotics, and AI innovation drive global growth.005380Investor Day 2026
- Record Q2 revenue and hybrid sales offset by lower profit and supply chain challenges.005380Q2 2026
- Record sales and eco-friendly growth offset by lower margins and declining net income.005380Q2 2025
- Electrification, hydrogen, and software drive growth, targeting 10%+ margins by 2030.005380Investor Day 2024
- Q2 2024 net profit surged 24.7% on strong SUV and hybrid sales, with stable global demand.005380Q2 2024
- Q1 2025 revenue up 9.2% with record profit and eco-friendly sales amid global uncertainties.005380Q1 2025
- 2024 revenue and net income grew, but operating profit and margin declined.005380Q4 2024
Next Hyundai Motor Company earnings date
Q4 202629 Jan, 2027
Hyundai Motor Company
Next Hyundai Motor Company earnings date
Q4 202629 Jan, 2027
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Frequently asked questions
Hyundai Motor Company, a South Korean multinational automotive manufacturer. The company is a prominent player in the global automotive industry, offering a wide range of vehicles from compact cars to luxury vehicles and electric models under its Genesis and Ioniq brands, respectively. The company is one of the largest automakers in the world, and has production facilities spread out across the globe. The company is headquartered in Seoul, South Korea, and its shares are listed on the Korea Exchange .