Huneed Technologies (005870) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue was KRW 76,748m, down from KRW 104,446m in 9M 2025; operating and net losses narrowed YoY but remained significant.

• Domestic defense and overseas business both posted operating losses; overseas sales accounted for 61.2% of revenue.

Financial highlights

• 9M revenue KRW 76,748m vs KRW 104,446m YoY; gross profit KRW 12,597m vs KRW 12,774m.

• 9M operating loss KRW 5,148m vs KRW 6,607m; net loss KRW 4,377m vs KRW 7,162m.

• 9M basic and diluted EPS were both negative KRW 334, compared with negative KRW 547 in 9M 2025.

• Cash and cash equivalents were KRW 24,668m at Sep. 30, 2026, down from KRW 42,964m at Dec. 31, 2025.

Outlook and guidance

• H-47, F-15EX, General Atomics and TICN contracts are progressing through scheduled deliveries; timing may shift with project progress and customer requirements.

• Industry outlook points to opportunities in next-generation tactical communications, network-centric systems, defense exports and global aerospace supply chains.