Samsung Electronics Q2 2026 Revenue Hits 171.5 Trillion Won, Operating Profit at Record 89.5 Trillion

South Korean memory chip giant Samsung Electronics released its second-quarter earnings on July 30. The data showed that revenue and profit both rose sharply, driven by sustained growth in the memory chip business amid robust demand from artificial intelligence. Operating profit for the second quarter reached 89.5 trillion won, up 1814% year-on-year and 56% quarter-on-quarter, setting another record high. Revenue came in at 171.5 trillion won, up 130% year-on-year and 28% quarter-on-quarter. Net profit surged 1299.9% year-on-year to 71.6245 trillion won.

Nearly all of Samsung Electronics' second-quarter profit came from its semiconductor business. The Device Solutions division posted sales of 127.5 trillion won and operating profit of 89.2 trillion won, a record performance. Surging chip prices weighed on the mobile business, with the Device eXperience division reporting sales of 48 trillion won and an operating loss of 800 billion won for the quarter, its first quarterly loss. Meanwhile, subsidiary Harman posted sales and operating profit of 4.6 trillion won and 400 billion won, respectively, while Samsung Display reported sales and operating profit of 7.5 trillion won and 700 billion won.

Samsung recently launched new foldable smartphones and other products, and announced an expanded strategic partnership with Broadcom in memory and foundry technology.

Samsung Electronics' share price fluctuated after the earnings release, rising as much as 4% in early trading before turning lower, and eventually closing up 2.44% at 213,500 won. Recently, investor concerns over the returns on massive capital expenditure in AI have deepened, and global semiconductor stocks have faced sustained selling pressure. Samsung Electronics' share price has fallen more than 40% from its June record high.