LIG Defense&Aerospace (079550) Q3 2026 earnings summary

Executive summary

• FY26 Q3 sales rose 2.1% YoY to KRW 1,071.3B, while operating income fell 24.6% to KRW 67.6B and net income was a loss of KRW 8.2B.

• Backlog stood at KRW 24.54T at quarter-end; estimated Q3 orders were KRW 612.5B, with cumulative orders of KRW 1.144T.

Financial highlights

• Cumulative sales reached KRW 3,349.2B, up 15.4% YoY; cumulative operating income was KRW 344.3B, up 22.6%.

• Cumulative net income was KRW 205.4B, down 13.6% YoY; net income attributable to parent shareholders was KRW 217.9B, down 12.4%.

• Q3 net income from continuing operations before tax was a loss of KRW 22.8B, versus income of KRW 68.9B in FY25 Q3.

Outlook and guidance

• Quarter-end order backlog was KRW 24.54T, including KRW 14.56T overseas and KRW 9.98T domestic.

• Estimated new orders were KRW 612.5B in Q3 and KRW 1.144T cumulatively.

• Saudi MSAM-II entered mass production; Q3 sales included ~KRW 80B from UAE MSAM-II and ~KRW 20B from Saudi MSAM-II.