SK Hynix Posts Record Q3 Profit and Announces Massive Shareholder Returns

SK Hynix reported third-quarter revenue of 104.6155 trillion won and operating profit of 83.3338 trillion won, delivering an operating margin of 79.7 %. Revenue rose 31.9 % and operating profit 37.6 % versus the prior quarter, and both metrics surpassed the company’s own records set only a quarter earlier. Year-over-year, operating profit increased 632 % and revenue 327 %. The results exceeded the average broker forecast of 96.6633 trillion won in revenue and 75.9712 trillion won in profit.

SK hynix Posts Record 79.7% Operating Margin in Third Quarter

In the same filing, SK Hynix announced a shareholder-return program of roughly 100 trillion won for the year. The plan includes a cash dividend of 30 trillion won—a regular dividend of 10,000 won per share plus a special dividend of 10,000 won per share funded by gains from its investment in Japan’s KIOXIA Corporation—and share buybacks totaling 60 trillion won. The board approved a third-quarter cash dividend of 14 trillion won and a buyback of 20 trillion won, half of which will be cancelled this year.

[Breaking] SK hynix posts record 83 trillion won operating profit in Q3, beating market expectations CNBCSK hynix Posts Record 79.7% Operating Margin in Third Quarter

SK Hynix expects its sixth-generation high-bandwidth memory (HBM4) to outpace HBM3E in both shipments and revenue beginning in the fourth quarter, as output ramps up at the M15X facility in Cheongju. The company has secured long-term agreements with 14 major customers that cover at least 50 % of its production capacity for 2027-2028. Capital expenditures will be increased next year, including the commissioning of a new Yongin semiconductor plant and further expansion of the Cheongju site.

CNBC

Securities analysts project annual operating profit of 262 trillion won for the current year and 403 trillion won for the following year, citing sustained demand for AI-driven memory and an anticipated global memory-supply shortage through 2030. The surge in AI infrastructure investment is identified as the primary driver of the strong HBM demand that underpins the company’s earnings growth.

[Breaking] SK hynix posts record 83 trillion won operating profit in Q3, beating market expectations

The firm’s U.S. subsidiary, Solidigm, announced it will pause its review of potential pre-IPO fundraising and IPO options, attributing the decision to market volatility and share-price trends. SK Hynix said it will continue to assess investment timing, scale and financing options to support Solidigm’s growth while proceeding with the outlined shareholder-return initiatives.

CNBC