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Samsung Electronics · 005930 · Electronics
Samsung Electronics Reports Preliminary Q3 2026 Operating Profit of ₩107.4T
Samsung Electronics' preliminary consolidated Q3 2026 results (filed 2026-10-08) show revenue of ₩195.0T and operating income of ₩107.4T, both well above the prior quarter. This strengthens the earnings-upswing part of the earlier thesis, but our model fair value range still sits below the last share price.
Written Oct 13, 2026 · Data as of Oct 12, 2026 · 2 views
This is not financial advice. The report does not recommend buying or selling anything.
What happened
On 2026-10-08, Samsung Electronics filed preliminary consolidated results for Q3 2026 (July 1 to September 30). The figures are provisional and may differ from final results.
Revenue was ₩195.0T, up 13.7% from ₩171.5T in Q2 2026 and up 126.6% from ₩86.1T in Q3 2025. Operating income was ₩107.4T, up 20.0% from ₩89.5T in Q2 and up 782.5% from ₩12.2T a year earlier. The implied Q3 operating margin is about 55.1%, calculated from the filed figures.
For January to September 2026, revenue was ₩500.4T and operating income ₩254.1T, against ₩239.8T and ₩23.5T in the same period of 2025. Net income and pre-tax income were not given in the filing.
Every earlier JONBUR Research report and update note on Samsung Electronics, with Pro.
Unlock with ProModel estimate of fair value
- Bear
- ₩152,275
- -37%
- Base
- ₩186,852
- -23%
- Bull
- ₩234,441
- -3%
Model estimate based on the assumptions shown. Not a price target and not a buy or sell signal.
A simple 5-year discounted cash flow from filed statements (H1 2026): revenue growth 3.3% fading to 2%, discount rate 9%. Per share, not a price target. See and change the assumptions
Filings and data used
- Preliminary earnings (consolidated)Oct 8, 2026
- Change in largest shareholder's holdingsOct 13, 2026
- Trading Plan Report for Executives and Major Shareholders' Specific SecuritiesOct 13, 2026
- Report on Treasury Stock Acquisition ResultsOct 12, 2026
- Insider shareholding reportOct 12, 2026
- Investor relations (IR) eventOct 8, 2026
- 5%+ holding reportOct 8, 2026
- Change in largest shareholder's holdingsOct 2, 2026
- Insider shareholding reportOct 1, 2026
- Insider shareholding reportOct 1, 2026
- Insider shareholding reportSep 22, 2026
- Change in largest shareholder's holdingsSep 18, 2026
- Samsung Electronics, SK Hynix Plunge as China's Semiconductor Push Rattles Global Chip StocksOct 13, 2026
- CXMT Shock and Foreign Selling Sink Samsung Electronics and SK Hynix; Brokerages Say "Not a Bear Market"Oct 13, 2026
- Samsung Electronics and SK hynix Plunge After Share Buyback Ends … Who's Left to Buy KOSPI? [Money Doctor Market Diagnosis]Oct 13, 2026
- Foreigners Sold ₩10T of Samsung Electronics and SK hynix While Retail Investors Bought Over ₩7T [KOSPI Breaks 6,000 Intraday]Oct 13, 2026
- Samsung Electronics Strengthens Push Into Next-Generation AI InfrastructureOct 13, 2026
- CXMT, Claiming It Will Overtake Samsung and SK hynix, Drags Down Three Memory Makers' SharesOct 13, 2026
- China's DRAM push shakes Samsung and SK Hynix... "margins could fall" [Issue+]Oct 13, 2026
- After Broadcom CEO's 'casino' remark, Samsung and SK Hynix among Asian chip stocks plungeOct 13, 2026
- Hong Ra-hee gifts 0.17% of Samsung Electronics stake to Lee Jae-yong, gift tax estimated at ₩1.56TOct 13, 2026
- Hong Ra-hee gifts 11,158,000 Samsung Electronics shares to Lee Jae-yong [Comprehensive]Oct 13, 2026
- Daily prices up to 2026-10-12
- Financial statements, trailing 12 months as of H1 2026
- Our fair value model, statements as of H1 2026
Report history
- Oct 29, 2026Update noteNews · EarningsSamsung Electronics: Q3 Operating Profit of ₩107.4T Confirmed in Earnings Filing, Alongside a Quarterly Dividend
- Oct 24, 2026Update noteNewsSamsung Electronics: News Flags Confirmed Q3 Results This Week, With Operating Profit Forecast at ₩185T
- Oct 13, 2026Update noteEarningsSamsung Electronics Reports Preliminary Q3 2026 Operating Profit of ₩107.4T
- Oct 13, 2026InitiationSamsung Electronics: Record Trailing Profit Meets a Sharp Pullback From the 52-Week High
Source: KRX statistical information