Name: SK hynix reported financial history
Creator: Silicon Analytica

About the company

SK hynix is a South Korean memory chipmaker and part of the SK Group. It produces DRAM — including high-bandwidth memory (HBM), which is stacked alongside AI accelerators and where it is a leading supplier — and NAND flash, sold as components and as solid-state drives, partly through its US-based subsidiary Solidigm. Its products go into data-center servers, smartphones, PCs and other devices. Its main fabs are in Icheon and Cheongju in Korea and in Wuxi and Dalian in China, and it is building an advanced packaging plant in Indiana in the United States.

Silicon Analytica summary based on the company's latest annual report

Key figures

Q3 FY2026 · 30 Sept 2026

Revenue: ≈US$78.2B
▲ +327.9% y/y
Operating income: ≈US$62.3B
▲ +632.1% y/y
Gross margin: —
Operating marginCalc.: +33.1 pp y/y
Net income: ≈US$29.7B
▲ +215.7% y/y
Free cash flow: —

Figures from company filings. Calculated values marked Calc. · Methodology →

How the company earns its revenue

Audited consolidated revenue by product, as reported.

Total of categories: ₩97.1T · ≈US$72.7B, reconciles to reported revenue. Different classifications are never added together.

View sources

SK hynix 2025 Business Report (사업보고서, audited consolidated notes) filed on DART 17 Mar 2026 · III-3 · FY2025 · published 17 Mar 2026

Quarterly trend

12 available quarters · K-IFRS

Reported results only. Guidance appears separately below and is never mixed into this chart.

View sources

Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q4 FY2023, Q1 FY2024 · covers
Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q2 FY2024, Q1 FY2025, Q2 FY2025 · covers
Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q3 FY2024, Q3 FY2025 · covers
Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q4 FY2024 · covers
Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q4 FY2025 · covers
Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q1 FY2026 · covers
Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q2 FY2026 · covers
SK hynix Announces Third Quarter 2026 Financial Results · Third-quarter results paragraph; read 2026-11-05 · Q3 FY2026 · published 28 Oct 2026 · covers

Guidance vs actual

No quantitative guidance: SK hynix does not give a quantitative revenue outlook for the next quarter in its results release.

Earnings history

SK hynix's results by period: revenue, margins and segments from stored filings.

Quarters

Fiscal years

Five-year financial history

K-IFRS

Latest 5 completed fiscal years, K-IFRS, KRW, as reported in annual filings (restated comparatives used where later filings revised them). Ratios and growth are Silicon Analytica calculations from the same records.

Revenue

USD · fiscal years · K-IFRS · reported

Net income attributable to shareholders

USD · fiscal years · K-IFRS · reported

SK hynix annual results
KRW	FY2021ended 31 Dec 2021	FY2022ended 31 Dec 2022	FY2023ended 31 Dec 2023	FY2024ended 31 Dec 2024	FY2025ended 31 Dec 2025
Revenue	≈US$32.2B	≈US$33.4B	≈US$24.5B	≈US$49.5B	≈US$72.7B
Gross profit	Not available	Not available	Not available	≈US$23.8B	≈US$43.9B
Gross margin	—	—	—
Operating income	≈US$9.3B	≈US$5.2B	≈−US$5.8B	≈US$17.6B	≈US$35.3B
Operating margin
Net income (attributable)	≈US$7.2B	≈US$1.8B	≈−US$6.8B	≈US$14.8B	≈US$32.1B
Diluted EPS	Not available	Not available	Not available
R&D expense	Not available	Not available	Not available	≈US$3.3B	≈US$4.8B
R&D as % of revenue	—	—	—

Revenue CAGR over 4 annual intervals (FY2021–FY2025): 22.6%.
Net income CAGR over the same intervals: 45.4%.
Growth is measured in KRW, the reporting currency. US$ equivalents use period-average Federal Reserve H.10 rates and include currency movements.
FY2021: Rounded to KRW billion in the release; preliminary figure from the FY2022 release (prior-year column) Audited: no; restated: no..
FY2022: Rounded to KRW billion in the release; preliminary Audited: no; restated: no..
FY2023: Preliminary (prior-year column in the FY2024 release) Audited: no; restated: no..
FY2024: Preliminary Audited: no; restated: no..
FY2025: Preliminary Audited: no; restated: no..
Select any figure for its source filing, period dates, accounting basis and calculation.

Peer comparison

Compare with another company

Peers not yet selected by the editor. Financials compares latest reported periods and labels mismatched period ends.

Latest analysis on SK hynix

Markets

Memory's profit machine: SK hynix earns 80 cents of operating profit on every won of revenue

SK hynix's preliminary third-quarter revenue topped KRW 100 trillion (~US$74.5 billion) for the first time, with an operating margin of about 80%. Price increases, not only volume, are behind the margins.

5 Nov 2026●3 min●Analysis

Markets

From cloud capex to chip margins: the Q3 earnings chain

Q3 2026 results trace one chain: hyperscaler capital spending, record ASML and TSMC quarters, and memory margins near 80%. Global chip sales reached $517.7 billion.

5 Nov 2026●3 min●Analysis

Compare with

SK hynix vs Micron SK hynix vs Samsung Electronics SK hynix vs Intel SK hynix vs Texas Instruments SK hynix vs NXP Semiconductors

Related coverage and calendar

Markets

Memory's profit machine: SK hynix earns 80 cents of operating profit on every won of revenue

5 Nov 2026●3 min●Analysis

Markets

From cloud capex to chip margins: the Q3 earnings chain

Q3 2026 results trace one chain: hyperscaler capital spending, record ASML and TSMC quarters, and memory margins near 80%. Global chip sales reached $517.7 billion.

5 Nov 2026●3 min●Analysis

Sources & methodology

SK hynix earnings press releases ↗ · Invalid Date · Financial statements supplied by the editor

Annual and quarterly figures come from the company's SEC filings (XBRL financial data and, where needed, the filed statements). Each value keeps its filing, period dates and accounting basis. Ratios, growth rates, free cash flow, split-adjusted EPS and derived quarters are Silicon Analytica calculations, shown with their inputs. Percentage growth is not shown when the prior value is zero or negative. US$ equivalents use period-average Federal Reserve H.10 rates. Guidance is shown only as company guidance; no analyst consensus is used.

Data checks: ✓ 15 passed · ⚠ Required fields FY2021: Missing: gross_profit, eps_diluted, operating_cash_flow, capex, rd_expense · ⚠ Required fields FY2022: Missing: gross_profit, eps_diluted, operating_cash_flow, capex, rd_expense · ⚠ Required fields FY2023: Missing: gross_profit, eps_diluted, operating_cash_flow, capex, rd_expense

AW · Reviewed 14 Oct 2026