SK Telecom reports Q3 profit rebound as revenue and operating income surge
SK Telecom reported third-quarter 2026 revenue of KRW 4,497.3 billion, up 13.1% year over year, while operating income rose 1,040.3% to KRW 552.3 billion. Net income was KRW 411.8 billion, reversing a KRW 166.7 billion loss in the prior-year quarter. Mobile service revenue increased 21.6% to KRW 2,569.7 billion, and the company outlined further AI data-center expansion.
Why it matters
The results mark a sharp earnings recovery, although the company said the comparison benefited from customer compensation measures in the prior-year quarter. SK Telecom said stable profitability would support continued shareholder returns and is using the telecom business to fund longer-term AI infrastructure development.
Key facts
- 1Third-quarter revenue reached KRW 4,497.3 billion, up 13.1% year over year, and operating income was KRW 552.3 billion, up 1,040.3%. investing.com
- 2Net income was KRW 411.8 billion versus a KRW 166.7 billion loss in Q3 2025. investing.com
- 3Mobile service revenue grew 21.6% year over year to KRW 2,569.7 billion. investing.com
- 4The 5G subscriber base reached 18.094 million and 5G penetration was approximately 83%. telecomlead.com
- 5SK Horizon is targeting approximately 180 megawatts of new data-center capacity, while the E2A submarine cable project targets commercial service in 2029. finance.yahoo.com
Open questions
- reports GAAP EPS of KRW 1917.00, while reports third-quarter EPS of KRW 831; the materials do not provide a basis reconciliation.
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.