Quality Reliability Technology (405100) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 11.7% YoY to KRW 57.8bn; operating income reached KRW 5.9bn and net income KRW 3.8bn.

• Core activities span semiconductor reliability testing, failure analysis and evaluation equipment; demand focus is expanding to AI/HBM, advanced packaging, aerospace and defense.

Financial highlights

• 9M consolidated revenue KRW 57.8bn vs KRW 51.8bn YoY; operating income KRW 5.9bn vs KRW 3.8bn; net income KRW 3.8bn vs KRW 2.6bn.

• 9M basic and diluted EPS were KRW 331 vs KRW 216 YoY.

• Q3 revenue was KRW 18.9bn vs KRW 19.0bn YoY; operating income KRW 1.7bn vs KRW 2.0bn.

• Cash and cash equivalents were KRW 17.7bn at Sep. 30, down from KRW 33.0bn at Dec. 31, 2025; total assets were KRW 148.6bn.

Outlook and guidance

• AI/HBM4 verification, 2.5D/3D packaging analysis, aerospace and defense component validation, and high-reliability testing are identified as expanding service opportunities.

• Development pipeline includes RF reliability systems, AI burn-in equipment and SSD RDT systems; some products are in development or customer validation.