Summary
SK hynix reported 3Q26 results on October 28, 2026: quarterly revenue of KRW 104.6155 trillion (QoQ +32%, YoY +328%), the first quarter above KRW 100 trillion in company history; operating profit KRW 83.3338 trillion with an 80% operating margin; HBM4 becomes the main product from Q4 as shipments and revenue both exceed HBM3E.
Background and Data Scope
- Event: SK hynix's official Newsroom published 3Q26 results on October 28, 2026.
- Sources: All financial figures are as disclosed by SK hynix officially.
- Scope: Figures are in Korean won; QoQ compares with 2Q26 and YoY with 3Q25.
Core Data Table
| model | 3Q26 | QoQ | YoY | comparison |
|---|---|---|---|---|
| Revenue | KRW 104.6155 trillion | +32% | +328% | 2Q26: KRW 79.3187 trillion; 3Q25: KRW 24.4489 trillion |
| Operating profit | KRW 83.3338 trillion | +38% | +632% | — |
| Operating margin | 80% | — | — | — |
| Net income | KRW 39.7756 trillion | -58% | +216% | — |
| Net margin | 38% | — | — | — |
| Cash & equivalents (quarter-end) | KRW 114.5 trillion | +KRW 26.5 trillion QoQ | — | — |
| Borrowings | KRW 15.8 trillion | declined | — | — |
| Net cash | KRW 98.7 trillion | — | — | — |
HBM4 Progress and Long-Term Agreements
- HBM4: SK hynix says HBM4 shipments and revenue both exceed HBM3E from Q4, becoming the main product; the M15X line will run at full capacity by year-end to expand HBM4 output; memory supply tightness is expected to persist through 2030.
- Long-term agreements (LTA): signed with 14 major customers (including leading cloud providers), locking up more than 50% of total capacity for 2027–2028; typical agreement term is 5 years.
Shareholder Returns
- Full-year 2026 returns total about KRW 100 trillion (dividends 30 trillion+ and buyback-and-cancellation 60 trillion+).
- Q3 dividend KRW 20,000 per share (including a KRW 10,000 Kioxia special dividend); quarterly buyback KRW 20 trillion.