Samsung Electro-Mechanics (A009150) Q2 2026 earnings summary

Executive summary

• Q2 2026 revenue reached KRW 3,457.2 billion, up 8% quarter-over-quarter and 24% year-over-year, driven by strong demand in AI, data centers, automotive, and high-end product segments.

• Operating profit was KRW 440.4 billion, a 57% increase quarter-over-quarter and 107% year-over-year, with improved margins and operational efficiency.

• Net profit for Q2 was KRW 315.7 billion, up 143% year-over-year and 27% sequentially.

• Growth was supported by robust performance across all divisions and improved operational efficiency.

Financial highlights

• Q2 2026 sales reached KRW 3,457.2 billion, up from KRW 2,784.6 billion in Q2 2025.

• Operating profit was KRW 440.4 billion (12.7% margin), up from KRW 213.0 billion (7.6%) in Q2 2025.

• Net income attributable to owners was KRW 315.7 billion, up from KRW 129.7 billion in Q2 2025.

• Gross profit margin improved to 24.4% from 20.3% year-over-year.

• Cash at period end was KRW 3,314.4 billion, up 30% year-over-year.

Outlook and guidance

• Q3 is expected to see continued strong demand for high-end MLCCs, FCBGA substrates, and camera modules, especially for AI, data center, and automotive applications.

• Supply of high-end products will be expanded, with further capacity increases planned in Korea and overseas.

• ASPs are expected to rise further due to tight supply and higher value product mix.

• Q3 is projected to deliver record earnings, with momentum expected to continue into Q4 and 2027.

• Optics division to focus on high-performance camera modules for flagship phones and automotive applications.