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LG Display (034220) investor relations material
LG Display Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 12% QoQ to KRW 6,277bn, while operating profit was KRW 250.6bn; revenue fell 10% YoY, mainly amid mid-sized LCD portfolio realignment and weak high-end demand.
Seasonal mobile OLED and large-size shipments supported QoQ improvement despite FX, chipflation and IT-demand pressures.
Financial highlights
Operating profit fell 42% YoY; income before tax was KRW 737bn versus a KRW 459bn loss in Q2'26.
Net income was KRW 755.6bn, versus a KRW 419bn loss in Q2'26, with FX translation gains improving after won appreciation near quarter-end.
EBITDA was KRW 1,214bn, up 39% QoQ and down 15% YoY; EPS was KRW 1,511 versus a loss per share of KRW 838 in Q2'26.
Outlook and guidance
Q4 area shipments are expected to grow ~10% QoQ; seasonality supports shipments, while first-half advance purchases and chipflation-related demand uncertainty warrant monitoring.
Q4 price per square meter is expected to rise by a low-single-digit percentage QoQ amid softer consumer demand, chipflation and higher raw-material costs.
Large OLED shipments are projected in the high-7m range for 2026, ~20% higher YoY, with OLED monitors at ~20% of volume; meaningful growth is planned for next year.
- Q2 2026 revenue rose and OLED share hit 58%, but operating loss persisted on one-off costs.034220
Q2 2026 - Q1 2026 posted a net loss of KRW 576B despite higher OLED sales and improved margins.034220
Q1 2026 - Q4 2025 saw sequential revenue growth but a net loss, with improved OLED-driven fundamentals.034220
Q4 2025 - Q3 2025 marked a strong profit turnaround, driven by OLED growth and financial improvements.034220
Q3 2025 - OLED growth and asset sales drove a return to profit despite Q2 revenue decline.034220
Q2 2025 - Revenue up 43% YoY, losses narrowed, OLED mix rose, China JV sale to TCL CSOT underway.034220
Q3 2024 - Q2 revenue up 42% YoY, losses narrowed, OLED mix rose, but liquidity declined.034220
Q2 2024 - Q1 2025 saw 15% revenue growth, operating profit return, and a higher OLED sales mix.034220
Q1 2025 - OLED-driven growth boosted revenue and operating profit, but net losses widened in Q4 2024.034220
Q4 2024
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