Samsung Estimates 19x Jump in Q2 2026 Operating Profit

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Samsung has released its preliminary earnings guidance for the second quarter of 2026. The company estimates its operating profit increased by about 19 times year over year, surpassing industry forecasts. This is likely due to robust demand for AI memory chips and rising DRAM prices.
The AI Memory boom appears to continue boosting Samsung’s operating profit
Samsung prepares its preliminary earnings based on the Korean International Financial Reporting Standards (IFRS). This gives investors an early look at the company’s financial performance ahead of detailed quarterly results.
For Q2 2026, Samsung estimates consolidated revenue of 171 trillion Korean won and operating profit of 89.4 trillion Korean won. In comparison with the same period last year, revenue increased 129.3%, while operating profit surged 1,810.3% (or nearly 19x).
Samsung had already set a new quarterly record in the first quarter of 2026, posting revenue of 133.87 trillion Korean won and operating profit of 57.23 trillion Korean won. The latest preliminary results suggest the company has broken that record in just one quarter.
While Samsung did not share a breakdown of earnings by division, industry analysts believe the semiconductor business contributed greatly to the record performance. The memory business may have benefited from increased shipments of sixth-gen High Bandwidth Memory (HBM4). Moreover, higher prices for general-purpose DRAM are also said to have improved profitability.
Meanwhile, Samsung’s foundry business likely saw its losses reduced thanks to improved utilization of cutting-edge manufacturing processes. In fact, reports suggest the Korean foundry unit recorded its first profitable month since 2023 in June 2026. That said, it may post a quarterly loss because of weaker results in April and May.
Industry analysts expect Samsung’s earnings to remain solid in the second half of 2026. This is because of continued investments in AI infrastructure and higher DRAM prices. The company may announce its Q2 2026 final financial results, detailing each division’s performance, on July 30.
















