)
COWAY (021240) investor relations material
COWAY Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record-high quarterly earnings in Q1 2026, with strong growth and profitability driven by core business performance and favorable external factors.
Revenue grew 13.2% year-over-year to KRW 1,329.7 billion, operating profit up 18.8%, and net profit surged 31.1% YoY, aided by exchange rate gains.
Rental accounts reached 11.73 million (+10.9% YoY), with overseas accounts comprising 36%.
Both domestic and overseas businesses contributed to growth, with overseas subsidiaries, especially Malaysia and Thailand, showing robust expansion.
Domestic revenue grew 9.5% YoY, while overseas subsidiaries saw 20.2% YoY revenue growth.
Financial highlights
Q1 2026 consolidated revenue: KRW 1,329.7 billion (+13.2% YoY), operating profit: KRW 250.9 billion (+18.8% YoY), net profit: KRW 182 billion (+31.1% YoY).
Operating profit margin improved to 18.9% from 18.0% YoY.
Gross profit: KRW 852.4 billion (+12.7% YoY); SG&A expenses: KRW 601.4 billion (+10.3% YoY).
Cash and cash equivalents rose to KRW 542.8 billion from KRW 182.2 billion at year-end.
Domestic revenue: KRW 742.8 billion (+9.5% YoY); overseas revenue: KRW 537 billion (+20.2% YoY).
Outlook and guidance
Achieved 24% of full-year revenue and 26% of operating profit guidance in Q1, indicating a strong start toward 2026 targets.
Expectation of business normalization and strong demand recovery in Indonesia after SNI certification in Q2.
Management remains focused on sustainable growth in both domestic and international markets.
- Record revenue and profit growth in 2025, led by strong global expansion and BEREX beds.021240
Q4 20255 Feb 2026 - Record-high profits and strong rental growth, with overseas expansion led by Malaysia and Thailand.021240
Q2 20245 Feb 2026 - Record revenue and profit growth in 2Q'25, led by robust domestic and overseas performance.021240
Q2 20255 Feb 2026 - Record-high revenue and net profit in 3Q'24, driven by robust rental growth and overseas expansion.021240
Q3 20245 Feb 2026 - Record revenue and profit, with strong growth in rental accounts and overseas markets.021240
Q4 20245 Feb 2026 - Record revenue and profit growth in 1Q'25, led by overseas expansion and shareholder initiatives.021240
Q1 20255 Feb 2026 - 3Q'25 saw record revenue and operating profit, with robust growth in both domestic and overseas markets.021240
Q3 20255 Feb 2026
Next COWAY earnings date
Next COWAY earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)