Hyundai Mobis (A012330) Q3 2025 earnings summary

Executive summary

• 2025 3Q revenue rose 7.4% year-over-year to KRW 15.3 tn, driven by increased customer volume and expansion in electronics and new U.S. business sites.

• Module and Core Parts sales grew 6.7% YoY, while A/S business sales increased 9.7% YoY due to strong global demand and favorable FX.

• Operating profit declined 14.1% YoY to KRW 780 bn, mainly due to tariff effects impacting Module and Core Parts.

• Shareholder value initiatives included maintaining dividends and completing a treasury share buyback worth KRW 414.5 bn.

Financial highlights

• Gross profit for 3Q25 was KRW 2,129 bn, down 7.6% YoY; operating margin fell to 5.2% from 6.5% YoY.

• Net profit for 3Q25 was KRW 930 bn, up 1.0% YoY; net margin at 6.2%.

• Electrification sales dropped 17.0% YoY to KRW 1,310 bn, reflecting the exclusion of battery cell revenue.

• Core Parts sales increased 14.0% YoY to KRW 3,517 bn; A/S business sales up 9.7% YoY to KRW 3,357 bn.

Outlook and guidance

• 2025 non-captive order target raised by 189.9% YoY to USD 7.4 bn, with 31% achieved by 3Q.

• Ongoing efforts to meet annual order targets amid EV demand slowdown, tariffs, and geopolitical risks.

• Final dividend for 2025 to be confirmed in early 2026; additional share buyback under review.