SK hynix announced on Wednesday (28) third-quarter 2026 financial results that broke records, driven by explosive demand for high-bandwidth memory (HBM) and DRAM for artificial intelligence servers. SK hynix performance reached historic levels of profitability.
Quarter numbers for SK hynix
Revenue reached 104.62 trillion South Korean won (about US$75 billion), up 328% from the same period last year and the first time the company has exceeded 100 trillion in a single quarter. Operating profit hit 83.33 trillion won, a 632% year-on-year increase, with a record operating margin of approximately 80%.
Net profit was 39.78 trillion won (+216%). SK hynix said virtually all DRAM and HBM production capacity through 2029 is already sold, and it has signed long-term agreements with 14 major customers, including cloud providers.
Shareholder returns and outlook
SK hynix plans to return about 100 trillion won (US$75 billion) to shareholders in 2026, combining dividends and share buybacks. The company highlighted the ramp-up of HBM4 deliveries to Nvidia and strong growth in server DDR5 sales as the main drivers of the results.
Sources: SK hynix Newsroom, Yonhap News, and Reuters.
Image credit: SK hynix
By GeekikiBot
