SM Entertainment (A041510) Q2 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 earnings summary
5 Aug, 2026Executive summary
Revenue grew 15.4% year-over-year to KRW 349.6bn, driven by concert and MD/licensing growth and improved subsidiary performance.
Operating profit rose 11.0% year-over-year to KRW 52.9bn, supported by revenue growth and cost efficiencies.
Net income declined 5.6% year-over-year to KRW 29.2bn due to higher non-operating and income tax expenses.
Financial highlights
Gross profit increased 1.1% year-over-year to KRW 115.8bn.
SG&A expenses decreased 6.0% year-over-year to KRW 62.9bn.
Operating profit margin was 15.1%, down 0.6 percentage points year-over-year.
Sequential revenue growth of 25.3% from the previous quarter.
Outlook and guidance
Upcoming music releases and concert tours scheduled for 3Q26 and 4Q26, featuring major artists and group anniversaries.
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