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LX Semicon Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary30 Apr, 2026

Executive summary

  • Revenue for 1Q26 was KRW 3,888 hundred million, down 18.4% year-over-year and 0.3% sequentially from 4Q25.

  • Gross profit for 1Q26 was KRW 1,164 hundred million, with a gross margin of 29.9%, down from 30.5% in 4Q25.

  • Operating profit for 1Q26 was KRW 206 hundred million, a 17.3% sequential decrease and a 65.5% year-over-year decline.

  • Net profit for 1Q26 was KRW 154 hundred million, down from KRW 249 hundred million in 4Q25.

Financial highlights

  • EBITDA for 1Q26 was KRW 303 hundred million, with an EBITDA margin of 7.8%, down from 8.8% in 4Q25.

  • SG&A expenses decreased to KRW 958 hundred million in 1Q26, representing 24.6% of revenue.

  • R&D expenses were KRW 549 hundred million in 1Q26, or 14.1% of revenue.

  • Total assets increased to KRW 15,016 hundred million as of March 2026, up 7.3% from December 2025.

  • Cash and cash equivalents rose 20.9% sequentially to KRW 5,423 hundred million.

Outlook and guidance

  • Forward-looking statements indicate uncertainty due to market and operational factors, with actual results potentially differing materially from projections.

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