Q2 FY2026
Filed Aug 5, 2026SK Telecom reported preliminary consolidated Q2 2026 operating revenue of 43,591 in 100 millions of Won, down (0.76%) sequentially and up 0.47% year over year, while operating income increased 5.29% sequentially and 67.34% year over year.
Consolidated operating income, profit before income tax, profit for the period and profit attributable to controlling interests all rose sharply year over year, despite operating revenue increasing only 0.47% year over year and declining (0.76%) sequentially.
Key metrics
as reported| Metric | Value | q/q | y/y |
|---|---|---|---|
| Consolidated operating revenue, quarterly resultsother | 43,591 in 100 millions of Won | (0.76%) | 0.47% |
| Consolidated operating revenue, YTD resultsother | 87,514 in 100 millions of Won | – | (0.47%) |
| Consolidated operating income, quarterly resultsother | 5,660 in 100 millions of Won | 5.29% | 67.34% |
| Consolidated operating income, YTD resultsother | 11,036 in 100 millions of Won | – | 21.86% |
| Consolidated profit from continuing operations before income tax, quarterly resultsother | 5,720 in 100 millions of Won | 22.86% | 137.94% |
| Consolidated profit from continuing operations before income tax, YTD resultsother | 10,376 in 100 millions of Won | – | 38.66% |
| Consolidated profit for the period, quarterly resultsother | 4,660 in 100 millions of Won | 47.27% | 459.76% |
| Consolidated profit for the period, YTD resultsother | 7,824 in 100 millions of Won | – | 75.89% |
| Consolidated profit for the period attributable to controlling interests, quarterly resultsother | 4,706 in 100 millions of Won | 45.98% | 425.03% |
| Consolidated profit for the period attributable to controlling interests, YTD resultsother | 7,930 in 100 millions of Won | – | 74.65% |
| Separate operating revenue, quarterly resultsother | 31,170 in 100 millions of Won | 0.36% | (0.58%) |
| Separate operating revenue, YTD resultsother | 62,228 in 100 millions of Won | – | (1.27%) |
| Separate operating income (loss), quarterly resultsother | 4,277 in 100 millions of Won | 4.45% | 70.48% |
| Separate operating income (loss), YTD resultsother | 8,373 in 100 millions of Won | – | 14.18% |
| Separate profit before income tax, quarterly resultsother | 4,019 in 100 millions of Won | (7.37%) | 106.09% |
| Separate profit before income tax, YTD resultsother | 8,359 in 100 millions of Won | – | 5.00% |
| Separate profit for the period, quarterly resultsother | 3,106 in 100 millions of Won | (6.63%) | 742.19% |
| Separate profit for the period, YTD resultsother | 6,433 in 100 millions of Won | – | 25.78% |
What drove it
- Consolidated operating income increased 67.34% year over year and 5.29% sequentially.
- Consolidated profit from continuing operations before income tax increased 137.94% year over year and 22.86% sequentially.
- Consolidated profit for the period increased 459.76% year over year and 47.27% sequentially.
Concerns
- Consolidated operating revenue declined (0.76%) sequentially and increased only 0.47% year over year.
- Separate operating revenue declined (0.58%) year over year and separate YTD operating revenue declined (1.27%).
- The results are preliminary and may differ from final results following the external auditor's audit.
What to watch
- Whether consolidated operating revenue returns to sequential growth after the reported (0.76%) Q2 decline.
- Whether the large year-over-year increases in consolidated profit for the period and profit attributable to controlling interests persist.
- Final audited results, as the filing states preliminary results may differ from final results.
- Any future disclosure of guidance, segment results, cash flow, balance-sheet position, or capital-return activity.
Analysis
SK Telecom reported preliminary consolidated Q2 2026 operating revenue of 43,591 in 100 millions of Won. Revenue was down (0.76%) from 43,923 in 100 millions of Won in the first quarter of 2026, but was up 0.47% from 43,388 in 100 millions of Won in the second quarter of 2025. Consolidated YTD operating revenue was 87,514 in 100 millions of Won, down (0.47%) from 87,925 in 100 millions of Won a year earlier.
Profitability increased substantially on the consolidated basis. Q2 operating income was 5,660 in 100 millions of Won, up 5.29% sequentially and 67.34% year over year. Profit from continuing operations before income tax reached 5,720 in 100 millions of Won, up 22.86% sequentially and 137.94% year over year. Profit for the period was 4,660 in 100 millions of Won, up 47.27% sequentially and 459.76% year over year, while profit attributable to controlling interests was 4,706 in 100 millions of Won, up 45.98% sequentially and 425.03% year over year.
The separate classification showed a different revenue pattern. Q2 separate operating revenue was 31,170 in 100 millions of Won, up 0.36% from the first quarter but down (0.58%) from the second quarter of 2025. Separate operating income was 4,277 in 100 millions of Won, increasing 4.45% sequentially and 70.48% year over year. Separate profit before income tax and profit for the period declined sequentially by (7.37%) and (6.63%), respectively, despite year-over-year increases of 106.09% and 742.19%.
For the first half, consolidated operating income was 11,036 in 100 millions of Won, up 21.86% year over year, and consolidated profit for the period was 7,824 in 100 millions of Won, up 75.89%. The filing provides no forward guidance, segment revenue, cash-flow figures, balance-sheet data, dividends, share repurchases, or management commentary on operational drivers. Results are prepared under International Financial Reporting Standards as adopted in Korea, are preliminary, and may change based on the external auditor's audit.
Not in the filing
stated, not guessed- Forward guidance
- Prior guidance for comparison
- Segment revenue and segment operating metrics
- Gross profit and gross margin
- Operating expenses
- Net income per share or earnings per share
- Cash flow from operating activities
- Free cash flow
- Cash and cash equivalents
- Debt
- Dividends
- Share repurchases
- Other capital-return activity
- Management commentary and named executive quotes
- Specific operational drivers for revenue or profitability changes
- Tax rate
AlphAI analysis generated from the company’s SEC earnings filing (Form 8-K Item 2.02, or Form 6-K for a foreign private issuer). Every figure was cross-checked against the filing text; consensus estimates, price targets and share-price reactions are not shown because they are not in the filing. AI-generated research, not investment advice.