SM ENTERTAINMENT CO., Ltd. Q3 consolidated operating profit KRW 35.5 billion, down 26.4% year on year
SAI summary · Not investment advice
SM ENTERTAINMENT CO., Ltd. posted Q3 consolidated revenue of KRW 291.1 billion, down 9.5% year on year and 16.7% quarter on quarter. Operating profit was KRW 35.5 billion, down 26.4% year on year.
Operating profit · current quarter
KRW 35.5 billion
-26.4% vs. prior-year quarter
Key facts
- Revenue (current quarter)
- KRW 291.1 billion
- Net income (current quarter)
- KRW -1.1 billion
- Operating profit change vs. prior-year quarter
- -26.4%
- Revenue change vs. prior-year quarter
- -9.5%
- Net income change vs. prior-year quarter
- Turned to loss
- Period
- Jul 1, 2026 – Sep 30, 2026
- Basis
- Consolidated
- Revenue (previous quarter)
- KRW 349.6 billion
- Revenue (prior-year quarter)
- KRW 321.6 billion
- Revenue change vs. previous quarter
- -16.7%
- Revenue (year to date)
- KRW 919.8 billion+7.5% vs. prior-year year to date
- Operating profit (previous quarter)
- KRW 52.9 billion
- Operating profit (prior-year quarter)
- KRW 48.2 billion
- Operating profit change vs. previous quarter
- -32.9%
- Operating profit (year to date)
- KRW 126.9 billion-1.1% vs. prior-year year to date
- Net income (previous quarter)
- KRW 29.2 billion
- Net income (prior-year quarter)
- KRW 44.7 billion
- Net income change vs. previous quarter
- Turned to loss
- Net income (year to date)
- KRW 64.7 billion-80.3% vs. prior-year year to date
- Net income attributable to owners (current quarter)
- KRW 6.8 billion-82.8% vs. prior-year quarter
Commentary
AI commentary · Not investment advice
What happened
SM Entertainment reported preliminary third-quarter results. On a consolidated basis, which includes subsidiaries, revenue was KRW 291.1 billion and operating profit, the profit from its core business, was KRW 35.5 billion. Net income, the final profit after all costs and taxes, was KRW -1.1 billion, a loss. Net income attributable to SM Entertainment's own shareholders, however, was KRW 6.8 billion.
In the company's terms
Compared with the same quarter a year earlier, revenue fell 9.5% and operating profit fell 26.4%. Compared with the previous quarter, revenue fell 16.7% and operating profit fell 32.9%. Net income turned to a loss after profits in both the previous quarter and a year earlier. Year-to-date revenue was KRW 919.8 billion, up 7.5%, while year-to-date operating profit was KRW 126.9 billion, down 1.1%.
What changes for shareholders
The company said these preliminary figures have not been reviewed by its auditor and may change. It also said it would hold a third-quarter earnings conference call for institutional investors and analysts at 14:00 the same day.
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