SK hynix (SKHY.US) Earnings: What to Expect This Quarter
Aug 2 00:08SK hynix (SKHY) reported its earnings on July 29, 2026. The company announced Q2 revenue of 79.3 trillion KRW and operating profit of 60.5 trillion KRW, marking year-over-year growth driven by robust demand for high-bandwidth memory. As the semiconductor sector faces elevated expectations, investors are closely watching capacity expansion and further AI-driven memory shipments.
SK hynix Business Overview
SK hynix (SKHY.US) posted record Q2 2026 financials with KRW 79.3 trillion in revenue and KRW 60.5 trillion operating income, underpinned by leadership in High Bandwidth Memory (HBM) and surging AI data center demand. The company’s HBM and DRAM portfolio remains the core growth engine amid structural shifts toward advanced AI applications. While supply remains tight and capex robust, management’s disciplined investment approach addresses market cyclicality and evolving competitive pressures.
SK hynix Earnings Recap: Performance & Highlights
SK hynix (SKHY) delivered another standout quarter for Q2 2026. While revenue of ₩79.32T missed consensus (₩84.12T), EPS of ₩131,478 surged past estimates (₩68,565), buoyed by robust AI and HBM chip demand. Net income soared 1,242% year-over-year, and revenue climbed 257%, affirming SK hynix’s leadership in the memory market. Shares declined post-earnings amid sector volatility, though management reiterated a confident outlook on AI-driven growth.
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SK hynix Price Target & Analyst Ratings
Wall Street analysts remain broadly bullish on SK hynix due to its global leadership in DRAM and high-bandwidth memory (HBM), underpinned by robust AI-driven demand and top-tier margins (76% profit margin in Q2 2026). Despite recent share price volatility caused by valuation corrections and oversold technicals, fundamentals are exceptionally strong. Consensus forecasts highlight continued revenue and earnings growth, with major investment in production capacity and advanced packaging to sustain competitive advantages through 2027.
Latest SK Hynix Earnings News
NEWSK Hynix Q2 Earnings: EPS $87.56, Sales $52.83B; Stock Volatility Driven by Citadel Fund Acquisition
SK Hynix reported robust second-quarter results with EPS of $87.56 and sales of $52.83 billion, but the stock has seen heightened volatility as retail investors react to Citadel LLC's acquisition of the Situational Awareness fund. Despite strong financials, the ADR is down 12.35% since listing, reflecting mixed sentiment amid AI infrastructure momentum and broader market swings.
Short-Term Bottom in AI Stocks: SK Hynix Slump May Signal Sector Rebound, Options Activity Surges
Analysts, including Dan Niles, believe the recent SK Hynix slump marks a short-term bottom for AI-related stocks, as forced liquidations and rapid sector rotation could trigger a strong rebound. Options trading has surged, with over 211,000 contracts traded on July 31 and open interest near 924,000, highlighting elevated hedging and speculation as investors position for a potential recovery.
AI Analysis on SK hynix (SKHY)
Use AI-powered insights to analyze SK hynix's latest earnings report, evaluate key financial metrics, and identify market trends following the release.
SK hynix's Q2 2026 revenue grew by 257% year-over-year (YoY) to 79.32 trillion KRW.
The results surpassed Wall Street consensus of approximately 84.12 trillion KRW. This growth was primarily driven by surging AI-driven demand for HBM, server DRAM, and enterprise SSDs, although consumer and NAND segments showed some pressure.
ⓘ AI-generated content does not constitute investment advice or guarantee accuracy. Use at your own risk or consult with a licensed advisor.
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FAQs about SK hynix Earnings
Q1. When did SK hynix last report earnings?
SK hynix last reported its financial results on July 28, 2026. This second-quarter announcement provided comprehensive updates on the company's recent operational performance and semiconductor market activities.
Q2. What is SK hynix's Earnings Per Share (TTM)?
While trailing twelve-month figures continuously update, SK hynix reported an actual EPS of 139.977K KRW for the second quarter of 2026. TTM aggregates these quarterly earnings over a full year.
Q3. When is the next SK hynix earnings date?
Following the second-quarter financial release in late July 2026, the subsequent earnings report covering the third quarter is generally anticipated later in the year. Check official investor relations for updates.
Q4. What are SK hynix's revenue forecasts for upcoming quarters?
Market analysts actively track financial performance, and the consensus mean revenue forecast for SK hynix in the upcoming third quarter of 2026 currently stands at roughly 102.583 trillion KRW.
Q5. How did SK hynix stock react to the company's latest earnings report?
Despite the company delivering record-breaking operational figures for the second quarter, market reactions saw the stock price decline by over ten percent, highlighting complex investor sentiment and broader market dynamics.
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