Korea Aerospace Industries (047810) Q3 2025 earnings summary

Executive summary

• Revenue for 3Q 2025 was KRW 702.1bn, down 22.6% year-over-year from KRW 907.2bn.

• Operating profit declined 21.1% year-over-year to KRW 60.2bn.

• Net income decreased 42.6% year-over-year to KRW 39.0bn.

• New orders in 3Q 2025 totaled KRW 262.4bn, with a backlog of KRW 26.2tn.

Financial highlights

• Gross profit for 3Q 2025 was KRW 124.3bn, down 7.1% year-over-year.

• SG&A expenses increased 11.5% year-over-year to KRW 64.1bn.

• Operating margin was 8.57%, slightly up from 8.41% in 3Q 2024.

• Net margin declined to 5.55% from 7.48% year-over-year.

Outlook and guidance

• Forward-looking statements indicate potential risks and uncertainties that may impact future results.