SK IE Technology (A361610) Q4 2025 earnings summary

Executive summary

• 4Q25 revenue declined to KRW 41.9B, down 47% QoQ and 29% YoY, mainly due to the repeal of U.S. EV subsidies and reduced North American volume from key customers.

• Operating profit for 4Q25 was KRW 75.7B, up 61% QoQ but down 18% YoY; net profit reached KRW 130.7B, up 227% QoQ and 31% YoY.

• Management is focusing on customer diversification, global supply chain optimization, and production cost reduction for 2026.

Financial highlights

• 4Q25 sales: KRW 41.9B (QoQ: -47%, YoY: -29%).

• Gross profit: KRW -55.8B (QoQ: -31.1B, YoY: -1.0B).

• Operating profit: KRW 75.7B (QoQ: +28.5B, YoY: -16.2B).

• EBITDA: KRW 40.4B (QoQ: -11.8B, YoY: -13.3B).

• Net profit: KRW 130.7B (QoQ: +90.7B, YoY: +30.6B).

Outlook and guidance

• 2026 focus on expanding customer base and reducing reliance on captive customers.

• Profitability improvement targeted through cost optimization and supply chain enhancements.

• Continued product innovation and portfolio diversification to meet evolving customer needs.