SK Hynix Posts Record 76% Operating Margin, Beating TSMC for Third Straight Quarter
What if a semiconductor company could keep roughly 7,600 won in operating profit for every 10,000 won in sales? SK Hynix achieved exactly that in the second quarter of 2026, reporting a record operating margin of 76%. Strong demand for high-bandwidth memory, or HBM, combined with sharp price increases in conventional DRAM and NAND flash memory, pushed the Korean chipmaker to another historic quarterly performance. AI generated image SK Hynix Reports Record Quarterly Earnings According to the company’s preliminary earnings report, SK Hynix posted the following results for the second quarter of 2026: Revenue: 79.32 trillion won Operating profit: 60.54 trillion won Operating margin: 76% Year-over-year revenue growth: 257% Year-over-year operating profit growth: 557% Revenue increased by 51% from the previous quarter, while operating profit jumped by 61%. The company’s cumulative revenue for the first half of 2026 reached 131.90 trillion won, surpassing 100 trillion ...