IT之家 · IT业界 · 10/8/2026, 06:46:50
Samsung Q3 Revenue Surges 126% as HBM Demand Drives Record Profit
Samsung Electronics reported a 126.59% year-over-year revenue surge to 195 trillion KRW in its fiscal Q3 2026, with operating profits jumping 782.5%. The record-breaking performance is primarily driven by surging demand and rising prices for High Bandwidth Memory (HBM) chips amid the AI boom.
SOURCE COVERAGEOriginal coverage
On October 8, Samsung Electronics released its preliminary earnings report for the third quarter of fiscal year 2026 (July–September 2026):
- Total Revenue: 195 trillion KRW (approx. 966.81 billion CNY at current exchange rates), up 126.59% year-over-year and 13.7% quarter-over-quarter.
- Operating Profit: 107.4 trillion KRW (approx. 532.489 billion CNY at current exchange rates), up 782.5% year-over-year and 20.01% quarter-over-quarter.
AI Analysis
Samsung Electronics' performance in the third quarter of fiscal year 2026 exceeded general market expectations, with core financial metrics significantly surpassing brokerage forecast ranges.
Core Business and Key Financial Data
- Samsung Electronics is a global leader in consumer electronics and semiconductors, with core businesses spanning semiconductor memory chips, display panels, smartphones, and home appliances.
- Quarterly Core Metrics: In Q3 FY2026, the company reported revenue of 195 trillion KRW (approx. 966.81 billion CNY), representing a 126.59% year-over-year increase and a 13.7% quarter-over-quarter increase. Operating profit reached 107.4 trillion KRW (approx. 532.489 billion CNY), marking a 782.5% year-over-year surge and a 20.01% quarter-over-quarter rise.
- Cumulative Core Metrics: For the first three quarters of 2026, cumulative revenue stood at 500.37 trillion KRW (approx. 2.48 trillion CNY), compared to 239.77 trillion KRW (approx. 1.19 trillion CNY) in the same period last year. Cumulative operating profit was 254.13 trillion KRW (approx. 1.26 trillion CNY), versus 23.53 trillion KRW (approx. 116.662 billion CNY) in the corresponding period last year, reflecting explosive year-over-year growth.
Drivers of Performance Growth
The substantial performance boost was primarily driven by surging demand for high-end memory chips (HBM) fueled by the AI industry boom, alongside sustained increases in memory chip prices. This led to a significant contribution from the semiconductor division's profits, pushing overall profitability to a record single-quarter high.
Institutional Ratings and Outlook
Prior to the earnings release, Samsung Electronics' stock price remained at a low level. Institutions believe there is room for share price recovery following this earnings announcement, with Mirae Asset Securities setting a target price implying over 46% upside potential. Future market focus will be on whether AI storage demand can remain robust and the extent of profit recovery in the consumer electronics business.