en.Wedoany.com Reported - SK Hynix released its financial results for the first quarter of fiscal year 2026, ending March 31, 2026, on April 23. The financial report data shows that the company achieved revenue of 52.5763 trillion won in the first quarter, surpassing the 50 trillion won mark for the first time; operating profit reached 37.6103 trillion won, with an operating profit margin of 72%; net profit was 40.3459 trillion won, with a net profit margin of 77%. All three of these core indicators set the highest single-quarter records since the company's founding.

Compared to the fourth quarter of 2025, SK Hynix's operating profit surged approximately twofold quarter-on-quarter from 19.1696 trillion won, with a year-on-year increase of 405.5%; sales soared 198.1% year-on-year, and net profit grew 397.6% year-on-year. In its financial report explanation, SK Hynix stated that although the first quarter is typically a seasonally slow period, investments in AI infrastructure continued to expand, market demand remained strong, and the company sustained its upward performance momentum by increasing sales of high-value-added products such as high-bandwidth memory, high-capacity server DRAM modules, and enterprise solid-state drives.

SK Hynix provided a clear outlook on the subsequent price environment. The company's analysis pointed out that as artificial intelligence evolves from a focus on "large-scale model training" to the "agentic AI" stage involving repeated real-time inference across various service environments, the foundation of memory demand is expanding to encompass all areas of DRAM and NAND flash memory. The proliferation of memory efficiency technologies will enhance the economic viability of AI services, thereby driving the overall scale of services and further boosting memory demand. Based on this, the company anticipates that both the DRAM and NAND flash memory markets will maintain a favorable price environment.

Driven by robust performance growth, SK Hynix's cash and cash equivalents increased by 19.4 trillion won quarter-on-quarter to 54.3 trillion won by the end of the first quarter; borrowings decreased by 2.9 trillion won to 19.3 trillion won, resulting in a net cash position of 35 trillion won.

Regarding the product roadmap, in the DRAM sector, the company will fully commence supply of the world's first LPDDR6 DRAM utilizing the sixth-generation 10-nanometer class process, as well as the 192GB SOCAMM2 based on the same process, which began mass production this month. In the NAND flash sector, the company has started supplying the client SSD "PQC21" based on CTF and employing 321-layer QLC technology. Simultaneously, it is building a product portfolio across the entire eSSD spectrum covering high-performance TLC and high-capacity QLC, and strengthening competitiveness by leveraging synergies with Solidigm, a leading company in the high-capacity QLC eSSD field.

SK Hynix emphasized that in an environment where customer demand continues to outpace supply capacity, the ability to supply for the structural demand growth of the AI era has become a core competitive advantage. The company will advance infrastructure construction and the introduction of core equipment such as EUV, focusing on ramping up production capacity at the Cheongju M15X facility in South Korea and the Yongin Cluster. Its investment scale in 2026 is expected to increase significantly year-on-year.

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