LG Uplus (032640) Q4 2025 earnings summary

Executive summary

• Achieved solid growth in mobile, broadband, and enterprise infrastructure, with notable expansion in AI-driven services and operational efficiency improvements.

• Consolidated service revenue reached KRW 12.26 trillion in FY2025, up 3.5% year-over-year, with wireless service revenue at KRW 6.37 trillion, up 4.1% year-over-year.

• Operating income rose to KRW 892.1 billion, up 3.4% year-over-year, and net income surged 61.9% to KRW 509.2 billion, reflecting a base effect from prior asset impairment losses.

• Focused on customer value, digital transformation, and business process innovation through AI and automation (AX).

• Maintained leadership in customer satisfaction across mobile, IPTV, and broadband.

Financial highlights

• FY2025 consolidated service revenue rose 3.5% year-over-year to KRW 12.26 trillion, surpassing prior guidance.

• Operating profit increased 3.4% year-over-year to KRW 892.1 billion; excluding one-off costs, operating profit uptrend was around 20%.

• Net profit surged 61.9% year-over-year to KRW 509.2 billion.

• FY2025 operating revenue was KRW 15.45 trillion, up 5.7% year-over-year.

• Capex was KRW 1.75 trillion, down 8.9% year-over-year due to deferred AIDC investment.

Outlook and guidance

• Targeting above 2% standalone service revenue growth for 2026, with a focus on profitability and operational efficiency.

• Expecting moderated B2C growth but continued strong B2B expansion, especially in AIDC.

• Plans to accelerate AI transformation and invest in security and data center infrastructure.

• The company aims to further enhance operational efficiency in FY2026 through AI-based initiatives and digital integration.