SK hynix posts record ₩104T revenue, drops Solidigm US IPO

SK hynix reported third-quarter 2026 revenue up 328% year over year to ₩104 trillion ($78.9 billion), with net income rising 216% to ₩39.8 trillion. The company abandoned a US IPO for its Solidigm subsidiary and will return ₩100 trillion ($75.4 billion) to shareholders this year.

• Revenue topped ₩100 trillion for the first time, operating margin hit 80%
• Net cash position reached ₩98.7 trillion, effectively debt-free
• HBM4 becomes mainstream and should overtake HBM3E in volume next quarter
• 14 long-term agreements cover over half of memory capacity for 2027–2028