SK Hynix (000660 KS) Q1 2026 (KRW): Net Profit 40.3tln (exp. 30.4tln), Revenue 52.6tln (exp. 53.6tln), Operating Profit 37.6tln (exp. 37.9tln), sees Q2 DRAM shipments to rise high single-digits and NAND shipments to rise by mid-teens Q/Q

SK Hynix's Q1 results show a significant net profit beat against expectations, which reflects positively on its operational efficiency.

Newsquawk StaffPublished 22 Apr 2026, 22:55 UTCOn the live feed at 22:35 UTC — 2 more headlines followed before this page went public

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SK Hynix (000660 KS) Q1 2026 (KRW): Net Profit 40.3tln (exp. 30.4tln), Revenue 52.6tln (exp. 53.6tln), Operating Profit 37.6tln (exp. 37.9tln), sees Q2 DRAM shipments to rise high single-digits and NAND shipments to rise by mid-teens Q/Q

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Expects favourable pricing environment to continue for the time being.
Has seen some signs of softening demand in PC and Smartphone chips.
2026 capex expected to increase significantly Y/Y.
Majority of allocated capex to infrastructure preparation centred on Yongin cluster and ramp up of M15x, and the procurement of key equipment.
Plans to ramp up volume for HBM4 chips in line with agreed schedule with customers.

Context

However, revenue fell slightly short, indicating potential challenges in meeting demand in the PC and smartphone segments. The guidance for rising DRAM and NAND shipments suggests a cautious optimism about upcoming quarters, but the anticipated increase in capex also signals the company is preparing for future growth despite current market softness.

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