Samsung Electronics (005930) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue reached KRW 195.3T, up 14% QoQ and 127% YoY; operating profit was KRW 107.4T, up 20% QoQ and 783% YoY.

• Revenue and operating profit set new highs for the fourth consecutive quarter; operating profit exceeded KRW 100T for the first time for a global technology company.

• EPS was KRW 11,462 for common shares, up 6% QoQ and 536% YoY.

Financial highlights

• Gross profit was KRW 135.3T and net profit KRW 75.1T in Q3 2026; profit attributable to owners of the parent was KRW 75.2T.

• R&D investment was KRW 14.4T, down 10% QoQ and up 63% YoY.

• Operating cash flow was KRW 98.6T; cash at period-end was KRW 214.8T, up from KRW 190.0T in Q2 2026.

Outlook and guidance

• Memory expects further demand growth for HBM, server DRAM and SSDs; QLC SSD demand is expected to rise with personal AI agent expansion.

• Foundry targets revenue growth from 4nm and 2nm advanced nodes on AI/HPC demand, with Taylor, Texas fab operations scheduled to start.

• MX plans to drive peak-season sales of S26, foldables and ecosystem products in Q4 2026, while improving efficiency to mitigate profitability risks.

• SDC expects weak 2027 market demand amid uncertainties; plans include expanding premium smartphone mix and ramping the 8.6G IT OLED line.

• VD, DA and Harman priorities include premium product growth, stronger profitability and continued automotive/audio technology investment.