SK hynix's quarterly revenue passes ₩100 trillion for the first time, with an 80% operating margin, and it says long-term deals cover more than half of its 2027–28 capacity
Operating profit was ₩83.3 trillion. The memory maker expects demand to exceed supply through 2030 and targets about ₩100 trillion of shareholder returns for 2026.
Why it matters: SK hynix makes most of the high-bandwidth memory that AI accelerators need, so its results and its long-term contracts are a direct read on how much AI hardware buyers have committed to for the next two years.
SK hynix reported third-quarter revenue of ₩104.6155 trillion on 28 October, and says revenue exceeded ₩100 trillion for the first time in the company's history. Operating profit was ₩83.3338 trillion, “with an operating margin of 80%”, and net profit ₩39.7756 trillion. Revenue rose 32% on the quarter and operating profit 38%; the release's table shows rises of 328% and 632% on a year earlier.
The company says HBM4, its newest high-bandwidth memory for AI accelerators, will surpass HBM3E in both shipment volume and revenue in the fourth quarter. It has signed long-term agreements with 14 major customers, and says: “The LTA volume secured to date corresponds to more than 50% of total production capacity for 2027 and 2028.” It expects “the structure in which demand exceeds supply to persist through 2030.”
SK hynix is aiming for shareholder returns of about ₩100 trillion for 2026, and will pay a third-quarter dividend of ₩20,000 a share, ₩10,000 of it a special dividend tied to gains on its stake in Kioxia. On 26 October the company said nothing was decided on a reported ₩16 trillion special dividend; tonight's figures are its own.
The results come a day before Samsung Electronics reports and in a week when Microsoft, Alphabet and Meta also report, so the memory makers' order books will be read alongside the biggest buyers' spending plans.
- Confirmed Third-quarter revenue of ₩104.6155 trillion, the first quarter above ₩100 trillion in the company's history; operating profit ₩83.3338 trillion, an 80% operating margin. SK hynix
- Claimed Long-term agreements with 14 major customers cover more than 50% of total production capacity for 2027 and 2028, and demand is expected to exceed supply through 2030. SK hynix
- Confirmed About ₩100 trillion of shareholder returns targeted for 2026; a third-quarter dividend of ₩20,000 a share, ₩10,000 of it special, tied to Kioxia gains. SK hynix
Lead story in the October 28, 2026 edition · front page