)
)
Company research16 Apr 2024
Companies That Had Their IPO in 2022: War, Inflation and Interest Rates
The stock market and IPO landscape in 2022 was marked by inflationary pressures, rate hikes, and war that heavily impacted the market sentiment.
LG Energy Solution
LG Energy Solution (373220) investor relations material
LG Energy Solution Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary3 Nov, 2026
Executive summary
Q3 revenue rose 28% QoQ to KRW 9,643,433m, driven by ESS growth, higher high-voltage Mid-Ni EV pouch shipments and continued 21/46-series cylindrical supply.
Q3 operating income was KRW 756,005m, up from KRW 113bn in Q2; 9M operating income fell to KRW 661,552m and net loss reached KRW 1,569,584m.
Financial highlights
Q3 gross profit was KRW 2,263bn, gross margin 23.5%, operating margin 7.8% and EBITDA KRW 1,972bn; net loss was KRW 296,906m.
Q3 non-operating loss was KRW 987.2bn; loss before tax was KRW 231.2bn.
9M gross profit was KRW 5,049,764m; SG&A was KRW 4,388,212m, finance costs KRW 2,354,244m and derivative losses KRW 804,559m.
North America production incentives were KRW 416.9bn in Q3, with ESS-led volume growth cited as the driver.
Outlook and guidance
Q4 revenue is expected to grow ~10% QoQ and ESS shipments ~40% QoQ; operating profitability is expected to decline slightly as one-off gains end and Honda JV ESS operations add initial fixed costs.
2027 ESS volume is expected to grow meaningfully; North American ESS capacity is planned to exceed 70 GWh by end-2027, including prismatic lines.
North American cylindrical capacity targets 10 GWh by end-2026 and 20+ GWh by end-2027; 46-series production is planned by end-2026 for awarded projects.
LFP Tabless 2170 mass production is targeted for H1 2027; sodium-ion ESS samples are planned within 2026, with North American test shipments in 2027.
Long-term EV and ESS demand is expected to benefit from affordability, renewables and power needs from big tech and AI, though customer production plans and orders remain variable.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from LG Energy Solution
- Q2 revenue up 15% QoQ to KRW 7.6T, H1 revenue KRW 14.1T, full-year growth over 20% expected.373220
Q2 2026 - Q1 2026 revenue rose to KRW 6.6T, but losses widened amid ESS ramp-up and weak EV demand.373220Q1 2026
- ESS growth offsets EV weakness; 2026 targets strong ESS expansion and lower capex.373220Q4 2025
- KRW 17.5T revenue, Q3 profit growth, and ESS expansion amid ongoing global investment.373220Q3 2025
- ESS growth and cost efficiency drive profit gains despite EV demand and policy challenges.373220Q2 2025
- Q3 revenue and profit surged on new supply deals, but outlook is cautious with lower CapEx ahead.373220Q3 2024
- Q2 revenue was flat, but 2024 guidance was cut over 20% YoY amid EV market and cost headwinds.373220Q2 2024
- Q1 2025 saw higher profits and margins, with strong cost controls amid tariff and policy risks.373220Q1 2025
- 2024 saw sharp revenue and profit declines, but 2025 targets growth and lower capex.373220Q4 2024
Next LG Energy Solution earnings date
Q4 202622 Jan, 2027
LG Energy Solution
Next LG Energy Solution earnings date
Q4 202622 Jan, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
LG Energy Solution Ltd. is a South Korean company specializing in the production of lithium-ion batteries for a wide range of applications, including electric vehicles (EVs), mobility solutions, IT devices, and energy storage systems (ESS). The company's extensive research and development efforts have positioned it as a top patent holder in battery technology globally. LG Energy Solution is a key player in the battery industry, with a strong commitment to innovation and sustainability. The company is headquartered in Seoul, South Korea, and its shares are listed on the Korea Exchange.