Samsung Q1 Net Profit Soars Over 4x YoY, HBM4E Prototype to Be Available in Q2

Samsung Electronics' latest financial results show that in Q1 2026 (January–March), its revenue reached 133.9 trillion South Korean won (approximately $90.1 billion), up 43% quarter-on-quarter and 69% year-on-year. Operating profit stood at 57.2 trillion won (about $38.5 billion), surging 184.6% quarter-on-quarter and 7.5 times year-on-year. Net profit hit 47.2 trillion won (roughly $31.8 billion), rising 140.5% quarter-on-quarter and 4.8 times year-on-year. Both revenue and operating profit of Samsung Electronics hit record highs in the quarter. Its Q1 memory business revenue came in at 74.8 trillion won (around $50.3 billion), up 101% quarter-on-quarter and 292% year-on-year. Driven by its technological leadership in the memory market and higher average selling prices (ASP), the memory business also achieved record quarterly revenue and operating profit. Samsung Electronics stated that its HBM shipments in the first quarter more than tripled year over year. Starting from Q2 2026, the company plans to supply prototype products of its 7th-generation HBM (HBM4E) to key customers. It expects HBM4 shipments to account for over half of total HBM shipments beginning in the third quarter.