Samsung has announced its financial results for the second quarter ending June 30, 2026, reporting an all-time quarterly high in revenue. The company posted a consolidated revenue of 171.5 trillion won (approximately USD 119.2 billion), representing a 129.89% year-over-year (YoY) and 79.49% quarter-over-quarter (QoQ) increase.
Operating profit reached a record 57.2 trillion won (approximately USD 39.77 billion), surging 1804.25% YoY and 1117% QoQ.
Mobile eXperience (MX) and Networks Performance
The MX and Networks divisions reported a consolidated revenue of 33.2 trillion won for Q2 2026, marking a 13.69% YoY increase but a decrease of 12.86% QoQ. Operating profit for the division stood at -0.7 trillion won, a decrease of 122.5% YoY and a decrease of 125% QoQ. This is the company’s first ever loss in the mobile division.
While revenue grew year-on-year (YoY) on solid sales of the Galaxy S26 series and strong Galaxy A series momentum, earnings declined due to elevated component cost pressures across the industry, said Samsung.
Looking Ahead: H2 2026
In H2 2026, the MX Business plans to strengthen AI leadership through personalized and intuitive experiences and drive overall market share growth based on flagship-first expansion centered on the new Galaxy Z8 and S26 series.
The Business will also seek to enhance its premium mix across the Galaxy ecosystem and deliver AI-driven experiences in new form factors with the launch of its Intelligent Eyewear. Additionally, it will pursue efficiency initiatives to mitigate the impact of rising costs.
Semiconductors (DS) Division Reaches New Heights
The semiconductor unit was a primary driver of the quarter’s record numbers, reporting an operating profit of 127.5 trillion won—a 357% increase YoY and a 56% increase QoQ.
The record-breaking quarter is achieved by proactively addressing AI demand despite limited capacity with a primary focus on server products. The continued industry-wide upward trend of prices also contributed to the record earnings.
Additionally, the Business solidified market competitiveness via industry-leading products, with server revenue achieving a record-high share of the sales mix. The Business scaled up HBM4 sales with industry-leading performance and further strengthened technology competitiveness by shipping the industry’s first HBM4E samples to major customers.
Looking Ahead: H2 2026
In H2 2026, the Memory Business expects robust demand centered on servers stemming from continued AI infrastructure capex and broader adoption of agentic AI. Meanwhile, growth in demand for server DRAM, eSSDs, and HBM is expected to accelerate. This is projected to keep the market undersupplied, despite partial demand moderation in mobile and PCs.
The Memory Business also plans to continue setting the pace for the market via technology leadership, seeking to optimize its portfolio in consideration of changes in demand by application and according to customer feedback. Despite efforts to increase production, supply constraints are expected to continue.
The Business also plans to lead the market by addressing strong demand with a focus on high-value-added products, such as HBM4, DDR5, SOCAMM2 and others, while extending its leadership into next-generation AI platforms. This follows the industry’s first HBM4E sample shipment, as well as the H1 2026 market penetration of PCIe Gen6 and UFS 5.0 solutions.