SK Hynix’s Q2 2026 earnings report released on July 29, 2026: $SKHY Key Financial Highlights (Q2 2026) Revenue: ₩79.32 Trillion ($57.4B) — Up 256.8% YoY and 51% QoQ. (Missed consensus estimates of ~₩83.85–84.1 Trillion). Operating Profit: ₩60.54 Trillion — Up 557.2% YoY with an operating margin of 76%. (Slightly below consensus of ~₩64.22 Trillion). Net Income: ₩93.92 Trillion — Up 1,242.5% YoY with a net margin of 118%. (Crushed expectations of ~₩54.32 Trillion). Core Drivers & Takeaways Record-Breaking Quarter: A single quarter's operating profit (₩60.54T) exceeded SK Hynix's full-year 2025 operating profit (₩47.21T). H1 Benchmark: First-half 2026 revenue reached ₩131.9 Trillion, marking the first time the company has cleared ₩100T in a six-month window. AI Demand Surge: Growth was driven by severe price increases and volume demand in premium memory products—specifically High Bandwidth Memory (HBM), server DRAM, and enterprise SSDs for AI datacenters.