Intellian Technologies (189300) Q3 2026 earnings summary

Executive summary

• 9M 2026 consolidated revenue was ₩238,145m vs ₩195,313m in 9M 2025; operating income was ₩4,968m vs ₩13,467m, and net loss was ₩6,162m vs ₩14,841m.

• Q3 revenue was ₩76,175m vs ₩77,226m YoY; the quarter recorded an operating loss of ₩2,762m and net loss of ₩24,379m, vs prior-year Q3 net income of ₩3,359m.

Financial highlights

• 9M gross profit was ₩99,888m vs ₩76,433m; SG&A rose to ₩94,921m from ₩84,335m.

• 9M basic EPS was -₩603 vs -₩1,437; Q3 basic EPS was -₩2,387 vs ₩324.

• Operating cash flow was -₩29,323m; cash and cash equivalents were ₩15,378m at Sep. 30, 2026 vs ₩32,846m at Dec. 31, 2025.

Outlook and guidance

• A dedicated manufacturing facility for a specific customer was completed and began generating revenue in Q3; revenue is expected to increase gradually as volumes expand.

• The California gateway and military antenna factory entered mass production in July 2026 and was operating normally by the report date.

• Active supply and development contracts include gateway antenna programs, Panasonic Avionics’ IFC LEO antenna system through 2030, and a military satellite terminal program through 2032.