Hyundai Autoever ( 307950) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue rose 16.2% YoY to KRW 1,225B, while operating profit declined 2.6% to KRW 69B and operating margin eased to 5.6%.

• YTD revenue increased 16.4% to KRW 3,411B; operating profit grew 1.0% to KRW 181B, with margin at 5.3%.

Financial highlights

• Q3 gross profit was KRW 121B, up 4.0% YoY; SG&A rose 14.4% to KRW 52B, outpacing revenue growth.

• Q3 net profit was KRW 45B, down 14.9% YoY; YTD net profit increased 0.5% to KRW 133B.

• Q3 revenue declined 2.1% QoQ; operating profit fell 23.9% QoQ and net profit fell 35.4% QoQ.

Outlook and guidance

• Automotive SW revenue and margin improvement efforts include business streamlining and higher operational efficiency, while securing mid-to-long-term growth opportunities.