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LG Uplus Q1 2026 Operating Profit $188M, Up 6.6% YoY

LG Uplus reported Q1 2026 operating profit of $188M, representing 6.6% growth year-over-year, with revenue reaching $2.6B, up 1.5%. The company achieved solo growth among Korea's Big 3 telcos amid competitors' operational setbacks.

전영빈·May 7, 2026 at 10:00·2 min read

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AIKey Summary

LG Uplus achieved Q1 2026 revenue of $2.6B (+1.5% YoY) and operating profit of $188M (+6.6% YoY), the only major Korean telecom posting growth
Service revenue expanded 3.3% while net income reached $121M, up 8.4% year-over-year

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Updated May 7, 01:20 PM

LG Uplus disclosed Q1 2026 operating profit of $188M, a 6.6% increase year-over-year, via DART filing (preliminary results) on May 7, 2026.

Key Earnings Snapshot

Both revenue and operating profit expanded versus the prior year period. Operating profit surged 59.7% sequentially from Q4 2025. Service revenue excluding device sales grew 3.3% year-over-year.

Revenue: $2.6B, +1.5% YoY
Operating profit: $188M, +6.6% YoY
Operating margin (operating profit/revenue): ~7.2%
Net income: $121M, +8.4% YoY
Net income attributable to controlling interest: $122M, +6.8% YoY

Market Response

LG Uplus shares rose 5% around the earnings announcement. Market observers noted the company captured relative strength gains as SKT faced cybersecurity incident headwinds and KT navigated leadership uncertainty. Underscoring confidence in the momentum, the company approved a $55M share repurchase program, signaling shareholder-friendly capital allocation.

This article was automatically generated based on DART filings and media reports, prioritizing rapid dissemination of key data following announcement. Investors are advised to review official company disclosures before making trading decisions.

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