SK Hynix stock reports record Q2 revenue and profit growth
Article excerpt
Highlighted: the sentence this signal was extracted from
SK Hynix (ISIN KR7000660001) delivered record second-quarter 2026 revenue of KRW 79.3 trillion, up 257 percent year over year, according to Yahoo Finance on July 29, 2026. The result puts artificial intelligence memory demand at the center of the investment case. Operating profit rose to KRW 60.5 trillion in Q2 2026, an increase of 557 percent from the year-earlier period, while the quarter-on-quarter gain was 61 percent, Yahoo Finance reported. The operating margin reached 76 percent, up 5 percentage points from the prior quarter, showing that pricing and product mix amplified the revenue increase. Net profit was KRW 93.9 trillion in Q2 2026, but investment gains materially influenced that figure. Operating profit is the cleaner indicator for the chip cycle because it captures the profitability of memory sales before non-operating effects. SK Hynix said HBM4 mass production shipments began in Q2 2026 and that full production ramp-up was planned for the second half of the year, according to the earnings-call transcript. The company also guided 2026 capital expenditure to the high KRW 40 trillion range as it accelerates M15X and prepares capacity linked to the Yongin Phase 1 cleanroom. The same call described long-term supply agreements with roughly 10 customers and continuing negotiations with additional buyers. That structure can improve demand visibility, while the planned...
Keep reading with a free account
The rest of this article, and every signal for SK Hynix, is in your free account.
