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SK Telecom Q1 2026 Operating Profit $371M, Down 5.3% YoY

SK Telecom reported Q1 2026 operating profit of 5.376 billion won ($371M), rebounding 351% sequentially from the prior quarter but declining 5.3% year-over-year. Revenue fell to 4.392 trillion won ($3.03B), down 1.4% from the same period last year.

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AIKey Summary
  • SK Telecom's Q1 2026 operating profit rebounded 351% to $371M from a weak prior quarter but fell short of last year's $391M by 5.3%
  • While the AI data center business showed strength, revenue declined 1.4% YoY to $3.03B
LIVESK Telecom017670
₩93,400-2.20%
Updated May 7, 12:30 PM

SK Telecom disclosed via DART on May 7, 2026 that its Q1 2026 consolidated operating profit reached 5.376 billion won ($371M), rebounding 351% quarter-over-quarter.


Performance Snapshot

While the company posted a sharp sequential recovery from the prior quarter, both revenue and operating profit declined modestly on a year-over-year basis.

  • Revenue: 4.392 trillion won ($3.03B), -1.4% YoY, +1.5% QoQ
  • Operating Profit: 5.376 billion won ($371M), -5.3% YoY, +351.3% QoQ
  • Net Income: 3.164 billion won ($218M), -12.5% YoY
  • Net Income Attributable to Parent: 3.224 billion won ($222M), -11.5% YoY

Market Response

Major media outlets highlighted the recovery of quarterly operating profit to the 5 billion won threshold for the first time in a year and the resumption of quarterly dividends. Some analysts attributed the results to recovery in the AI data center business and wireless operations. However, year-over-year declines were attributed to residual impacts from last year's data breach incident. Specific market data such as share price and foreign investor holdings were not included in the disclosure.


This article was auto-generated based on DART disclosures and news reports, with the primary objective of rapid dissemination of key financial data. We recommend reviewing the company's official disclosure documents before making trading decisions.

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Frequently Asked Questions

Why is a 351% sequential profit increase described as a "rebound" rather than growth?

SK Telecom's Q4 2025 operating profit was exceptionally weak at 1.191 billion won ($82M), creating an artificially low base. The 351% increase reflects this low starting point. However, compared to Q1 2025's 5.674 billion won ($391M), the current quarter remains below prior-year levels, indicating incomplete recovery.

Why is net income attributable to parent higher than consolidated net income?

SK Telecom consolidates results from multiple subsidiaries in which it does not hold 100% ownership. When losses from non-wholly-owned subsidiaries are included in consolidated net income, the parent company's share of profits can exceed the total consolidated figure. This occurred in the current quarter.

These figures are provisional—could final results differ?

Yes. As explicitly noted in the disclosure, these are provisional figures subject to change during the external audit process. Final confirmed results will be disclosed in subsequent filings such as the annual business report.

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