HeadlinesBriefing favicon HeadlinesBriefing.com

SK hynix Q2 2026 Hits Record Profits

TechPowerUp News •
×

SK hynix Inc. announced Q2 2026 results: 79.3187 trillion won in revenue, 60.5426 trillion won in operating profit (margin 76%), and 93.9226 trillion won in net profit (margin 118%), a record high. Driven by AI infrastructure demand and high‑performance AI server products, price increases surpassed the previous quarter.

First‑half cumulative revenue crossed 100 trillion won for the first time. Revenue and operating profit rose 257% and 557% YoY. DRAM and NAND flash prices rose QoQ. Cash and equivalents hit 88 trillion won, up 33.6 trillion, while debt fell to 18.6 trillion and net cash rose to 69.4 trillion, strengthening financial flexibility.

With AI evolving to agentic forms, memory demand broadens. SK hynix is negotiating multi‑year contracts, finalising LTAs with ~10 customers, and plans to lead memory innovation from a system perspective. HBM4 mass shipments began in Q2, with production ramping in H2, and NAND is advancing to 321‑layer products.

The company is accelerating production for M15X, investing in Yongin Phase 1 cleanroom, P&T7 packaging, M17 NAND base, and a new semiconductor cluster, all while maintaining Cap Ex discipline.