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SK Hynix Reports Record Third-Quarter Profit and Plans About 100 Trillion Won in Shareholder Returns

East Asia and PacificBusiness

In focus – the story behind the news: Can SK Hynix Keep Its AI Lead?

SK Hynix reported record third-quarter operating profit of 83.3 trillion won on October 28, 2026, as surging demand for AI memory lifted sales and the company outlined about 100 trillion won in shareholder returns for the year.

Revenue reached 104.6 trillion won. It was the first time the company had topped 100 trillion won in revenue in a quarter. Operating profit was more than seven times the 11.4 trillion won recorded a year earlier.

Net profit came to 39.8 trillion won. The operating margin was about 80%. The company credited demand for AI memory and sales of high-value products.

These products included server memory and high-bandwidth memory (HBM), which is used in AI systems. The company said HBM4 shipments began on a large scale during the quarter. It expects the new generation to become its main HBM product in the fourth quarter.

The planned shareholder returns include more than 30 trillion won in cash dividends and more than 60 trillion won in share buybacks and cancellations. Some proceeds from SK Hynix’s investment in Kioxia are also set to be returned to investors. The company said tight supply is likely to persist through 2030.

It also noted that investment in AI infrastructure is expanding beyond a small group of major technology companies.