YG Plus Q1 2026 Operating Profit $13.2M — Up 104% Year-Over-Year
YG Plus posted Q1 2026 revenue of $100.4M and operating profit of $13.2M. Operating profit surged 103.9% year-over-year, more than doubling. However, both revenue and operating profit declined over 10% sequentially from the prior quarter.
- YG Plus Q1 2026 revenue rose 46.9% YoY to $100.4M; operating profit doubled to $13.2M (+103.9%)
- Sequentially, revenue fell 14.3% and operating profit dipped 13.1% vs
- Q4 2025
YG Plus reported Q1 2026 operating profit of $13.2M, up 103.9% year-over-year, according to a preliminary disclosure filed with DART on May 8, 2026.
Earnings at a Glance
Revenue rose 46.9% year-over-year to $100.4M. Operating margin (operating profit / revenue) came in at 13.2%.
- Revenue: $100.4M, +46.9% YoY / -14.3% QoQ
- Operating Profit: $13.2M, +103.9% YoY / -13.1% QoQ
- Pre-tax Profit: $12.1M, +40.4% YoY / +37.5% QoQ
- Net Profit: $6.7M, -4.6% YoY / +23.9% QoQ
- Net Profit Attributable to Controlling Shareholders: $3.3M, -7.7% YoY / -28.8% QoQ
Market Reaction
Immediate share price movement or broker commentary following this Q1 disclosure was not available in the source material. Prior media reports have cited expanded merchandise sales tied to BLACKPINK's world tour as a key driver of YG Plus's revenue growth. For full-year 2025, the company was reported to have returned to profitability with revenue of $161.1M and operating profit of $22.0M.
This article was automatically generated based on the original DART regulatory filing and domestic and international media reports. It is intended solely for the rapid delivery of key data immediately following the announcement. Readers are advised to consult the company's official filing before making any investment decisions.
Frequently Asked Questions
Why did YG Plus's Q1 2026 operating profit more than double year-over-year?
The filing does not specify the exact drivers of the profit increase. However, prior media reports have pointed to expanded official merchandise sales tied to BLACKPINK's world tour as a primary contributor to YG Plus's earnings growth.
How should I interpret the sequential decline from Q4 2025?
Revenue fell 14.3% and operating profit declined 13.1% quarter-over-quarter. That said, compared to Q1 2025, revenue is up 46.9% and operating profit is up 103.9%, reflecting strong underlying growth. Year-over-year comparisons are generally more meaningful as they strip out seasonal effects.
What does 'preliminary earnings' mean?
Preliminary earnings are figures released by the company based on internal estimates before an external audit is completed. Some numbers may be revised during the audit process, so they may differ from the final audited financial statements.
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