Silicon AnalyticaChart 21 · AI trends
The memory upswing: SK hynix 80%, Micron 81%, Samsung DS 72% operating margin in the latest quarter
Q1 2024 – Q3 2026
- Calculated operating margin = operating income ÷ revenue for each quarter; Samsung uses its DS division’s sales and operating profit (memory plus foundry and System LSI).
- Calculated ≈US$: KRW revenue at one approximate monthly rate (Federal Reserve G.5, Oct 2026) for every quarter, so the revenue lines show volume changes, not exchange-rate moves.
- Calculated Quarters are calendar quarters; Micron’s fiscal quarters (ending about a month earlier or later) are placed in the calendar quarter in which most of their days fall.
View sources (26)
- Samsung Electronics 3Q 2026 Earnings Call · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q3 2026 · published 29 Oct 2026
- SK hynix Announces Third Quarter 2026 Financial Results · Third-quarter results paragraph; read 2026-11-05 · Q3 FY2026 · published 28 Oct 2026
- Micron Form 10-K · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements (+1 more) · Q4 FY2024, Q4 FY2025 · published 9 Oct 2026
- Micron Q4 FY2026 earnings release (Form 8-K, Ex. 99.1) · Consolidated results of operations: Q4 FY2026 and Q4 FY2025 comparison columns (GAAP) · Q4 FY2025, Q4 FY2026 · published 30 Sept 2026
- Samsung Electronics 2Q 2026 Earnings Call · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q2 2026 · published 30 Jul 2026
- Micron Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements (+1 more) · Q3 FY2025, Q3 FY2026 · published 25 Jun 2026
- Samsung Electronics 1Q 2026 Earnings Call · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q1 2026 · published 30 Apr 2026
- Micron Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements (+1 more) · Q2 FY2025, Q2 FY2026 · published 19 Mar 2026
- Samsung Electronics Earnings Presentation: 4Q 2025 Financial Results · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q4 2025 · published 29 Jan 2026
- Micron Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements (+1 more) · Q1 FY2025, Q1 FY2026 · published 18 Dec 2025
- Samsung Electronics Earnings Presentation: 3Q 2025 Financial Results · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q3 2025 · published 30 Oct 2025
- Samsung Electronics Earnings Presentation: 2Q 2025 Financial Results · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q2 2025 · published 31 Jul 2025
- Micron Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements (+1 more) · Q3 FY2024 · published 26 Jun 2025
- Samsung Electronics Earnings Presentation: 1Q 2025 Financial Results · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q1 2025 · published 30 Apr 2025
- Micron Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements (+1 more) · Q2 FY2024 · published 21 Mar 2025
- Samsung Electronics Earnings Presentation: 4Q 2024 Financial Results · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q4 2024 · published 31 Jan 2025
- Samsung Electronics 3Q 2024 Earnings Release · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q3 2024 · published 31 Oct 2024
- Samsung Electronics 2Q 2024 Earnings Release · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q2 2024 · published 31 Jul 2024
- Samsung Electronics 1Q 2024 Earnings Release · Sales by business, DS (KRW trillion; business-unit sales include intersegment sales) (+1 more) · Q1 2024 · published 30 Apr 2024
- Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q1 FY2024
- 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
- 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
- Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q4 FY2024
- Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q4 FY2025
- Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q1 FY2026
- Company earnings press release (K-IFRS consolidated, preliminary, unaudited), distributed via PR Newswire/PRNasia · Table: Consolidated income statement summary (KRW billion) · Q2 FY2026
SK hynix: operating margin 79.7% in Q3 2026, against 46.6% a year earlier.
Micron: operating margin 80.7% in Q3 2026, against 32.3% a year earlier.
Samsung DS: operating margin 72.4% in Q3 2026, against 21.1% a year earlier.
Samsung’s DS division includes foundry and System LSI as well as memory; Samsung publishes memory sales but not memory operating profit.