Samsung E&A (028050) Q3 2026 earnings summary

Executive summary

• 3Q26 YTD new orders reached KRW 17.1Tn, sales KRW 7.8Tn and operating profit KRW 961.9Bn; major-project execution supported a 17.7% gross margin and 12.4% operating margin.

• 3Q26 YTD results equaled 142% of annual new-order guidance, 78% of sales guidance and 120% of operating-profit guidance.

Financial highlights

• 3Q26 sales were KRW 2,910.5Bn, up 45.8% YoY and 11.5% QoQ; gross profit was KRW 625.1Bn, up 102.5% YoY and 51.6% QoQ.

• 3Q26 operating profit was KRW 500.6Bn, up 183.6% YoY and 83.3% QoQ; net profit was KRW 216.7Bn, up 37.7% YoY and 18.7% QoQ.

• 3Q26 YTD new orders rose 317.2% YoY to KRW 17.1Tn; sales increased 24.2% to KRW 7.8Tn and operating profit rose 86.9% to KRW 961.9Bn.

Outlook and guidance

• Revised FY2026 plan: new orders KRW 19Tn, sales KRW 11Tn and operating profit KRW 1.4Tn, implying a 12.7% operating margin.

• 3Q26 YTD results against revised plan: new orders KRW 17.055Tn of KRW 19Tn, sales KRW 7.787Tn of KRW 11Tn and operating profit KRW 962Bn of KRW 1.4Tn.