Samsung Electronics disclosed 2026 third-quarter net profit for 75210000000000 Korean won, up year on year by 526.39%
BIBIBI
AT A GLANCE
Samsung Electronics said 2026 third-quarter revenue and net profit attributable to the parent increased significantly year on year.
Article
Samsung's third-quarter net profit 56100000000 USD, up year on year by 526%
PANews October 29 According to a report by JRJ, Samsung Electronics (KRX: 005930) today released its financial results for the quarter ended September 30 of 2026 year. The report showed that Samsung's third-quarter revenue was 195250000000000 KRW (approximately 145600000000 USD), up from 86060000000000 KRW in the same period last year, an increase of 126.88%; net profit attributable to shareholders of Samsung's parent company was 75210000000000 KRW (approximately 56100000000 USD), compared with 12000000000000 KRW in the same period last year, an increase of 526.39%. This marks multiple consecutive quarters in which Samsung has benefited from the AI-driven supercycle in memory chips. Over the past 1 years, driven by demand for large-model training and inference,HBM(high-bandwidth memory) and DRAM prices continued to rise. Inventory clearance, combined with the effect of higher prices, led to a significant recovery in the gross margin of Samsung's chip business. With revenue doubling and net profit increasing more than sixfold, the growth rate ranks among Samsung's most...
Key points
01
Samsung Electronics released its financial results for the quarter ended September 30 of 2026 year.
02
Samsung's third-quarter revenue was 195250000000000 KRW, approximately 145600000000 USD, up year on year by 126.88%。
03
Net profit attributable to shareholders of Samsung's parent company was 75210000000000 KRW, equivalent to approximately 56100000000 USD, representing a year-on-year increase of 526.39%。
04
The report mentioned that demand for large-model training and inference drove HBM and DRAM demand and prices.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a report on Samsung Electronics' quarterly performance. The report shows that both Samsung's revenue and net profit attributable to owners of the parent increased significantly from the same period last year; the article links the growth to AI related demand for memory chips and rising prices.
Why it matters to readers
Samsung is a memory chip manufacturer. Its disclosed performance data can help provide insight into the conditions of the HBM、DRAM and AI semiconductor markets.
Revenue is the money a company earns from selling products, while net profit is the profit attributable to shareholders after deducting related costs. Year-on-year growth means an increase compared with the same period last year.
Risks and unknowns
The source is PANews citing Jinrongjie; the original financial report was not directly provided in the evidence.
The evidence text is truncated at “Samsung recently...”; the complete background and subsequent content are unknown.
The evidence does not provide information on market expectations, management commentary, or whether the data may be revised.
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Revenue
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