LIG Nex1 Q1 2026 Operating Profit Surges 56% YoY to $118M

LIG Nex1 recorded Q1 2026 operating profit of $118M, representing a 56.1% increase from the same period last year. (Source: Consolidated Financial Statements Preliminary Operating Results Disclosure, DART, 2026.05.07)

Q1 2026 Results at a Glance

Both revenue and operating profit increased significantly year-over-year. Compared to the immediately preceding quarter (Q4 2025), operating profit surged 342.4%.

• Revenue: $804M, +28.7% YoY / -16.9% QoQ
• Operating Profit: $118M, +56.1% YoY / +342.4% QoQ
• Net Income: $93M, +69.4% YoY (swung to profitability from -$1M loss in prior quarter)
• Attributable to Parent Company Shareholders: $96M, +69.9% YoY
• Operating Profit Margin: approximately 14.6%
• Order Backlog (end of Q1): $17.4B

Market Reaction

Prior to the earnings announcement, some media outlets reported that the stock had gained 114% year-to-date, with certain analysts setting target prices at 1.3M KRW. Shinhan Investment Securities had previously revised its target price downward slightly, citing prior-year full-year results below expectations. Hana Securities highlighted order backlog as a positive factor. Specific brokerage assessments of this Q1 preliminary results have not yet been publicly disclosed as of the announcement date.

This article was auto-generated based on DART disclosure documents and international and domestic media reports, with the primary objective of delivering key financial data shortly after announcement. Investors are recommended to review official company disclosures before making trading decisions.