Quality Reliability Technology (405100) Q1 2026 earnings summary

Executive summary

• Specializes in reliability evaluation and analysis for semiconductors and electronic components, serving diverse industries including mobile, automotive, 5G, AI, aerospace, and defense.

• Listed on KOSDAQ since November 2022, with a strong focus on R&D and proprietary equipment development.

• Maintains a robust intellectual property portfolio with 30 registered patents and 12 published papers.

Financial highlights

• Q1 2026 consolidated revenue: KRW 20.41 billion, up 32.7% year-over-year.

• Q1 2026 operating income: KRW 2.98 billion, up 425.6% year-over-year.

• Q1 2026 net income: KRW 2.68 billion, up 779.7% year-over-year.

• Gross margin for Q1 2026: 45.2%, up from 44.3% in Q1 2025.

• Cash and cash equivalents at Q1 2026 end: KRW 29.58 billion.

Outlook and guidance

• Anticipates continued growth in reliability testing demand due to AI, 5G, and automotive sector expansion.

• Expects new equipment sales and up-screening services for aerospace/defense to drive future revenue.