Kioxia: FY25Q3 Profit Attributable to Owners of Parent Up 114.6% QoQ, Driven by Higher ASP and Bit Shipments

Kioxia announced its financial results for the third quarter of fiscal year 2025 (FY25Q3), covering the period from October to December 2025. Revenue reached 543.6 billion yen (approximately 3.547 billion US dollars), representing a sequential increase of 21.3%, primarily driven by higher average selling prices (ASP) and increased bit shipments. Non-GAAP operating profit was 144.7 billion yen (approximately 944 million US dollars), up 65.9% quarter-over-quarter. Non-GAAP net income attributable to the parent company stood at 89.5 billion yen (approximately 584 million US dollars), a sequential increase of 114.6%.