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Samsung Electronics (005930) investor relations material
Samsung Electronics Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue reached KRW 195.3T and operating profit KRW 107.4T, up 14% and 20% QoQ, respectively; both set records for a fourth consecutive quarter, with operating profit exceeding KRW 100T for the first time at a global technology company.
Revenue and operating profit rose 127% and 783% YoY, respectively; common-share EPS was KRW 11,462, up 6% QoQ and 536% YoY.
Record Memory performance, HBM4 growth and strong server demand led results; FX headwinds and DX profitability pressure persisted.
Financial highlights
Gross profit was KRW 135.3T; net profit was KRW 75.1T and profit attributable to parent owners was KRW 75.2T.
Operating margin was 55.0%, gross margin 69.3% and EBITDA margin 62%; R&D expense was KRW 14.4T, down 10% QoQ and up 63% YoY.
Weaker USD, EUR and other major currencies reduced operating profit by ~KRW 10T QoQ, mainly in components.
Operating cash flow was KRW 98.6T; period-end cash was KRW 214.8T, up from KRW 190.0T in Q2.
Outlook and guidance
Q4 earnings growth is expected to continue, supported by DS; DX faces macro uncertainty and rising component costs.
2027 performance is expected to exceed 2026, supported by semiconductor demand and supply constraints; Memory expects further HBM, server DRAM and SSD demand growth.
Q4 DRAM bit growth is expected in the mid-to-high teens QoQ and NAND in the mid-teens; HBM4E mass production is planned for H1 2027, with volume ramp in H2.
Foundry expects Q4 revenue growth in double digits QoQ and YoY; 2nm orders are expected to more than double in 2026 versus 2025.
Q4 MX revenue and profit are expected to decline QoQ; MX plans peak-season sales of S26, foldables and ecosystem products, while 2027 smartphone volumes may contract as premium-market value grows.
- Memory returned to DRAM profitability as Q4 operating profit improved QoQ.005930
Q4 2023 - Record profit and revenue driven by AI demand, memory growth, and major product launches.005930
Q2 2026 - Record profit and revenue driven by AI and memory demand, with strong segment growth.005930
Q1 2026 - Record-high revenue and profit driven by AI memory demand and flagship smartphone sales.005930
Q3 2025 - Q2 2025 saw revenue up year-over-year but profit declines, with AI-driven memory and foundry growth.005930
Q2 2025 - Q3 sales and profits surged on memory and device solutions, but risks and one-off costs persist.005930
Q3 2024 - Q2 profit and sales surged on AI-driven memory demand, with strong outlook despite cost pressures.005930
Q2 2024 - KRW79.14T revenue and KRW8.2T net profit driven by premium and AI-focused products.005930
Q1 2025 - Q4 2024 revenue rose 12% YoY, led by memory and flagship mobile, with 2025 to focus on AI and premium.005930
Q4 2024
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Frequently asked questions
South Korea's Most Important Company
Samsung Electronics Co., Ltd. is a global technology company specializing in the design, manufacturing, and distribution of a wide range of electronic products. The company's key offerings include smartphones, tablets, televisions, home appliances, and semiconductor components. Samsung operates across various sectors, including consumer electronics, information technology, and communications. Its semiconductor division produces memory chips, processors, and other components that are essential for numerous electronic devices. Additionally, Samsung is involved in network systems and provides solutions for mobile and enterprise networksThe company is headquartered in Suwon, South Korea, and its shares are listed on the KRX.
Samsungs Semiconductor Business
Samsung’s semiconductor operations are a critical component of its broader business, contributing significantly to its revenue and global influence in the technology sector. As one of the largest semiconductor manufacturers in the world, Samsung Electronics has established itself as a leader in both memory and logic chip production.
In the memory chip segment, Samsung dominates the market for DRAM (Dynamic Random-Access Memory) and NAND flash memory, which are essential components in a wide range of electronic devices, from smartphones and computers to data centers. The company's leadership in this area is underpinned by its advanced manufacturing processes and continuous investment in research and development (R&D), enabling it to produce chips with higher capacity and faster speeds than many of its competitors. Samsung is also a key player in the production of logic chips, particularly through its foundry business, where it manufactures custom chips for other companies.
Personal Electronics Experts
Since its inception, Samsung has proven itself to be a trailblazer in the electronics industry. In the early years, the company produced black and white television sets but swiftly expanded its product line to include a diverse range of electronic appliances, such as refrigerators, air conditioners, and washing machines. The sheer variety of products produced by Samsung is incredibly vast and if you can think of a product in consumer electronics, chances are that Samsung has several different models available.
The Smartphone and TV-markets
One cannot discuss Samsung without acknowledging its considerable influence on the global smartphone market. The company's Galaxy series, launched in 2010, has grown into a broad lineup of devices that cater to all segments of consumers, from entry-level to premium. The introduction of its Galaxy Note series, characterized by large displays and the iconic S Pen, arguably sparked the trend for larger smartphone screens. Today, Samsung's prowess in the mobile industry is demonstrated by its strong market share and wide consumer base across the world.
Samsung has also earned a reputation for its pioneering work in display technology. From producing the first-ever liquid-crystal display (LCD) panels in the 1990s to leading the charge in OLED technology and introducing MicroLED and QLED screens, Samsung's innovations have largely defined the trajectory of the global display and TV market.
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