- SK hynix reported Q1 2025 revenues of 17.6391 trillion won, marking a 42% increase year-over-year.
- Operating profit reached 7.4405 trillion won, with an operating margin of 42%.
- Net profit surged to 8.1082 trillion won, reflecting a 323% increase from the previous year.
In its latest earnings announcement, SK hynix (HXSCL, Financial) detailed impressive financial results for the first quarter of 2025. The company recorded revenues of 17.6391 trillion won and an operating profit of 7.4405 trillion won. These figures signify their second-highest quarterly results. The net profit stood at 8.1082 trillion won, with a substantial net margin of 46%.
The operating margin improved to 42%, maintaining an eighth consecutive quarter of growth for the company. This achievement was driven by a heightened demand in the memory market, particularly for AI systems, and a strategic accumulation of inventory.
A notable highlight is the expanded sales of 12-layer HBM3E and DDR5 products, which contributed significantly to the company's performance. As a result, SK hynix improved its cash and cash equivalents to 14.3 trillion won, leading to better debt and net debt ratios of 29% and 11%, respectively.
Looking ahead, the company anticipates HBM demand to double in 2025 compared to the previous year. It projects that the 12-layer HBM3E will account for over 50% of total HBM3E revenues in the second quarter.
SK hynix continues to strengthen collaboration with supply chain partners, despite the challenges of global demand fluctuations. The company's financial strategy focuses on enhancing business fundamentals and sustaining profit-centered growth through advanced AI memory leadership.
