TLDR
- SK hynix stock rises 3.73% after the company posts record quarterly results.
- Quarterly revenue jumps 257% as global demand for advanced AI memory strengthens.
- Operating profit surges 557% as HBM and server DRAM sales expand worldwide.
- HBM4 mass shipments begin, supporting a stronger second-half production ramp.
- Long-term supply deals with 10 customers strengthen future revenue visibility.
SK hynix rose 3.73% to $135.03 after publishing record quarterly results led by advanced memory demand. Revenue climbed 257% year over year, while operating profit jumped 557% during the second quarter. The company also started HBM4 mass shipments and expanded long-term supply agreements with major customers.
SK hynix Posts Record Second-Quarter Results
SK hynix reported second-quarter revenue of 79.3187 trillion won, up 51% from the previous quarter. Operating profit reached 60.5426 trillion won, representing a 76% operating margin. Net income totaled 93.9226 trillion won, rising 133% from the first quarter.
Compared with last year, revenue increased from 22.232 trillion won during the second quarter. Operating profit also rose from 9.2129 trillion won during the same period. Meanwhile, net income surged 1,242% from 6.9962 trillion won.
High-value memory products supported sharp gains across the company’s main business lines and strengthened its pricing position. Stronger DRAM and NAND prices also lifted profitability and cash generation during the quarter. Cash reached 88 trillion won, while debt fell to 18.6 trillion won and net cash reached 69.4 trillion won.
HBM4 Growth Supports the AI Memory Expansion
SK hynix began mass shipments of HBM4 during the second quarter. The product met customer speed requirements while improving power efficiency and production economics. The company plans to increase HBM4 output throughout the second half.
HBM4E samples also reached customers during the first half of 2026. SK hynix selected stable manufacturing processes to support future volume production. It also continued improving yields, product quality, and supply reliability.
Demand from expanding artificial intelligence infrastructure continues to reshape the global memory market. Major technology companies increased spending on computing systems, servers, and data centers. As a result, demand strengthened for HBM, server DRAM, enterprise SSDs, and conventional memory products.
Supply Agreements Strengthen Production Outlook
SK hynix completed long-term agreements with about 10 customers, including several strategic partners. These contracts cover multiple years and support stable supply planning across high-growth memory products and customer programs. The company continues negotiations with other large industry customers.
The memory producer also accelerated its M15X production schedule to address demand exceeding available supply. It expects the Yongin Phase 1 cleanroom to open in early 2027. Additional projects include the P&T7 packaging facility and the planned M17 NAND production base.
321-layer NAND products now account for the largest share of total production. SK hynix plans to raise their share to about half of domestic output by year-end. The company will phase investments according to customer demand, production efficiency, financial strength, and capital discipline.
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