Samsung has announced its financial results for the first quarter ending March 31, 2026, reporting an all-time quarterly high in both revenue and operating profit.
The company posted a consolidated revenue of 133.9 trillion won (approximately USD 90.09 billion), representing a 69.27% year-over-year (YoY) and 42.75% quarter-over-quarter (QoQ) increase.
Operating profit reached a record 57.2 trillion won (approximately USD 38.48 billion), surging 753.73% YoY and 184.57% QoQ.
Mobile eXperience (MX) and Networks Performance
The MX and Networks divisions reported a consolidated revenue of 38.1 trillion won for Q1 2026, marking a 3% YoY and 30% QoQ increase. Operating profit for the division stood at 2.8 trillion won, a decrease of 34.88% YoY, though it grew 47.36% QoQ. The company attributed this performance to a premium product mix that secured single-digit profitability through proactive cost optimization measures.
Looking Ahead: MX Q2 and H2 2026
In the second quarter of 2026, Samsung expects a QoQ revenue decline for the MX division as the initial momentum from recent product launches subsides. Despite this, the company projects YoY revenue growth driven by sustained sales of flagship models and new A-series devices.
For the second half of 2026, the MX Business aims to maintain comprehensive growth by solidifying flagship-led sales, promoting upselling initiatives, and strengthening its foldable device lineup to meet evolving customer needs. The division will also implement efficiency measures to mitigate the impact of rising cost pressures on overall profitability.
Semiconductors (DS) Division Reaches New Heights
The semiconductor unit was a primary driver of the quarter’s record numbers, reporting an operating profit of 81.7 trillion won—a 225% increase YoY and an 86% increase QoQ.
The Memory Business achieved its highest-ever quarterly sales, capitalizing on strong demand for high-value-added AI products despite limited supply availability. Industry-wide increases in memory pricing also contributed significantly to the division’s robust financial performance. During this period, Samsung advanced its market position by initiating the industry’s first mass product sales of HBM4 and SOCAMM2 for NVIDIA’s Vera Rubin platform, alongside the timely development of PCIe Gen6 SSDs.
Looking Ahead: DS Q2 and H2 2026
In Q2 2026, the Memory Business expects demand to remain robust due to ongoing global AI infrastructure expansion. Samsung plans to deliver its first HBM4E samples to reinforce its technical leadership and aims to proactively capture early demand for upcoming GPUs and CPUs scheduled for release later in the year. The division will maintain an AI-centric sales strategy across both its DRAM and NAND portfolios.
For the second half of 2026, Samsung forecasts sustained strong demand for server memory as hyperscalers accommodate increasing enterprise adoption of AI and LLM (Large Language Model) services. The anticipated rise of agentic AI is expected to further accelerate this growth.
Moving forward, the Memory Business intends to spearhead the AI memory market by expanding its share of high-value products such as DDR5 and SOCAMM2, while simultaneously targeting the initial PCIe Gen6 eSSD market to meet emerging high-performance KV cache storage requirements.