Samsung SDS (018260) Q2 2025 earnings summary

Executive summary

• Revenue rose 4.2% year-over-year to 3,512 billion KRW, with operating profit up 4.2% to 230 billion KRW.

• Net income declined 7.6% year-over-year and 19.1% sequentially, reaching 176 billion KRW.

• IT Services and Cloud segments drove growth, while Logistics saw modest gains.

Financial highlights

• Gross margin was 14.9%, up 0.1 percentage points year-over-year but down 0.7 points sequentially.

• Operating margin held steady at 6.6% year-over-year, but fell 1.1 points from the previous quarter.

• EBITDA margin was 11.0%, down from 12.1% in the prior quarter.

• ROE was 7.3%, a decrease from 9.1% in the previous quarter.

Outlook and guidance

• Forward-looking statements indicate expectations for continued IT Services and Cloud growth, with uncertainties due to market conditions.