{"id":1420,"date":"2025-04-24T00:00:00","date_gmt":"2025-04-24T00:00:00","guid":{"rendered":"http:\/\/localhost:8080\/sk-hynix-announces-1q25-financial-results\/"},"modified":"2026-07-20T08:59:02","modified_gmt":"2026-07-20T08:59:02","slug":"sk-hynix-announces-1q25-financial-results","status":"publish","type":"post","link":"https:\/\/news.skhynix.com\/en\/sk-hynix-announces-1q25-financial-results\/","title":{"rendered":"SK hynix Announces 1Q25 Financial Results"},"content":{"rendered":"<p><strong>News Highlights<\/strong><\/p>\n<div class=\"post-intro\"><strong>\u00b7 Revenues at 17.6391 trillion won, operating profit at 7.4405 trillion won, net profit at 8.1082 trillion won<\/strong><br \/>\n<strong>\u00b7 Both revenues, operating profit achieve 2nd highest quarterly records and operating margin improves for 8th consecutive quarters<\/strong><br \/>\n<strong>\u00b7 Company will strive to continue profit-centered growth based on AI memory leadership<\/strong><\/div>\n<p><strong>Seoul, Apr 24, 2025<\/strong><\/p>\n<p style=\"text-align: justify;\">SK hynix Inc. (or \u201cthe company\u201d, <a href=\"https:\/\/www.skhynix.com\/eng\/main.do\" target=\"_blank\" rel=\"noreferrer noopener\">www.skhynix.com<\/a>) announced today that it recorded 17.6391 trillion won in revenues, 7.4405 trillion won in operating profit (with an operating margin of 42%), and 8.1082 trillion won in net profit (with a net margin of 46%) in the first quarter this year.<\/p>\n<p style=\"text-align: justify;\">Both revenues and operating profit are the 2<sup>nd<\/sup> highest records following last quarter when the company achieved its best quarterly results. Operating margin improved by 1%p compared to the previous quarter to 42%, resulting in 8<sup>th<\/sup> consecutive quarterly growth.<\/p>\n<p style=\"text-align: justify;\">SK hynix explained that memory market ramped up faster than expected due to competition to develop AI systems and inventory accumulation demand. The company responded to the demand with an expansion in sales of high value-added products such as 12-layer HBM3E and DDR5.<\/p>\n<p style=\"text-align: justify;\">The company believes the strong financial results despite a low seasonality reflect its outstanding competitiveness compared to the past. The company plans to focus on enhancing the business fundamentals to achieve distinguished financial outcome, even in times of market correction.<\/p>\n<p style=\"text-align: justify;\">Based on the financial result, cash and cash equivalents increased by 0.2 trillion won to 14.3 trillion won at the end of the first quarter, compared to the end of 2024, leading to an improvement in the debt and net debt ratio to 29% and 11%, respectively.<\/p>\n<p style=\"text-align: justify;\">SK hynix will continue to strengthen collaboration with supply chain partners to meet customer needs despite demand fluctuation amid global uncertainties.<\/p>\n<p style=\"text-align: justify;\">Due to the characteristics of the HBM market that supply volume is mutually agreed a year in advance, the company maintains its earlier projection that HBM demand will approximately double compared to the last year. As a result, sales of 12-layer HBM3E are expected to favorably increase to account for over 50% of total HBM3E revenues in the second quarter.<\/p>\n<p style=\"text-align: justify;\">In addition, the company started to supply LPCAMM2<span style=\"color: #ff0000;\">*<\/span>, high performance memory module for AI PC, to customers in the first quarter and plans to supply SOCAMM<span style=\"color: #ff0000;\">*<\/span>, a low-power DRAM module for AI servers, when demand ramps up.<\/p>\n<p class=\"footnote\"><span style=\"color: #ff0000;\">*<\/span> Low-Power Compression Attached Memory Module (LPCAMM2): LPDDR5X-based module solution that provides power efficiency and high performance as well as space savings. It has the performance effect of replacing two existing DDR5 SODIMMs with one LPCAMM2<br \/>\n<span style=\"color: #ff0000;\">*<\/span> Small Outline Compression Attached Memory Module (SOCAMM): A low-power DRAM-based memory module for AI server<\/p>\n<p style=\"text-align: justify;\">For NAND, the company plans to actively respond to demand for high-capacity eSSD, while maintaining profitability-first operation with cautious approach for investment.<\/p>\n<p style=\"text-align: justify;\">\u201cIn compliance with the \u2018Capex Discipline\u2019, SK hynix will focus on products with demand feasibility and profitability to enhance investment efficiency,\u201d said Kim Woohyun, Chief Financial Officer. \u201cAs an AI memory leader, we will strengthen collaboration with partners and carry out technological innovation in efforts to continue profit growth with industry-leading competitiveness.\u201d<\/p>\n<p><strong>\u25a0 1Q25 Financial Results (K-IFRS)<\/strong><\/p>\n<table style=\"border-collapse: collapse; width: 100%; table-layout: fixed; position: relative; height: 301px;\">\n<tbody>\n<tr style=\"height: 40px;\">\n<td style=\"width: 16.6667%; height: 81px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\" rowspan=\"2\">\n<div style=\"position: absolute; right: 0; top: -30px; font-size: 14px; font-family: sans-serif; color: #333; white-space: nowrap;\">Unit: Billion KRW<\/div>\n<\/td>\n<td style=\"width: 16.6667%; height: 81px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\" rowspan=\"2\"><strong>1Q25<\/strong><\/td>\n<td style=\"width: 33.3334%; height: 41px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\" colspan=\"2\"><strong>QoQ<\/strong><\/td>\n<td style=\"width: 33.3334%; height: 41px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\" colspan=\"2\"><strong>YoY<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 40px;\">\n<td style=\"width: 16.6667%; height: 40px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\"><strong>4Q24<\/strong><\/td>\n<td style=\"width: 16.6667%; height: 40px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\"><strong>Change<\/strong><\/td>\n<td style=\"width: 16.6667%; height: 40px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\"><strong>1Q24<\/strong><\/td>\n<td style=\"width: 16.6667%; height: 40px; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle;\"><strong>Change<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 55px;\">\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">Revenues<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">17,639.1<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">19,767.0<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">-11%<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">12,429.6<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">42%<\/td>\n<\/tr>\n<tr style=\"height: 55px;\">\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">Operating Profit<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">7,440.5<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">8,082.8<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">-8%<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">2,886.0<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">158%<\/td>\n<\/tr>\n<tr style=\"height: 55px;\">\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">Operating Margin<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">42%<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">41%<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">1%p<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">23%<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">19%p<\/td>\n<\/tr>\n<tr style=\"height: 55px;\">\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">Net Income<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">8,108.2<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">8,006.5<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">1%<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">1,917.0<\/td>\n<td style=\"width: 16.6667%; text-align: center; border-width: 1px; border-style: solid; vertical-align: middle; height: 55px;\">323%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"footnote\">\u203b Financial information of the earnings is based on K-IFRS<br \/>\n\u203b Please note that the financial results discussed herein are preliminary and speak only as of April 24, 2025. Readers should not assume that this information remains operative at a later time.<\/p>\n<p><strong>About SK hynix Inc.<\/strong><\/p>\n<p style=\"text-align: justify;\">SK hynix Inc., headquartered in Korea, is the world\u2019s top tier semiconductor supplier offering Dynamic Random Access Memory chips (\u201cDRAM\u201d) and flash memory chips (\u201cNAND\u202fflash\u201d) for a wide range of distinguished customers globally. The Company\u2019s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at <a href=\"https:\/\/www.skhynix.com\/eng\/main.do\" target=\"_blank\" rel=\"noreferrer noopener\">www.skhynix.com<\/a>, <a title=\"\" href=\"https:\/\/news.skhynix.com\/\">news.skhynix.com<\/a>.<\/p>\n<p><strong>Media Contact<\/strong><\/p>\n<p style=\"text-align: justify;\">SK hynix Inc.<br \/>\nGlobal Public Relations<\/p>\n<p style=\"text-align: justify;\">Technical Leader<br \/>\nKanga Kong, Minseok Jang, Sooyeon Lee<br \/>\nE-Mail:\u00a0<a href=\"mailto:global_pr@skhynix.com\" target=\"_blank\" rel=\"noreferrer noopener\">global_pr@skhynix.com<\/a><\/p>\n<p>\u00a0<\/p>\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><a href=\"https:\/\/www.linkedin.com\/company\/sk-hynix\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18582 aligncenter\" style=\"object-fit: cover; height: 135px;\" src=\"https:\/\/d18r0a86za96sg.cloudfront.net\/wp-content\/uploads\/2026\/05\/27135852\/image.png\" alt=\"\" width=\"1600\" height=\"169\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>News Highlights Revenues at 17.6391 trillion won, operating profit at 7.4405 trillion won, net profit at 8.1082 trillion won Both revenues, operating profit achieve 2nd highest quarterly records and operating margin improves for 8th consecutive quarters Company will strive to continue profit-centered growth based on AI memory leadership Seoul, Apr 24, 2025 SK hynix Inc. [\u2026]<\/p>\n","protected":false},"author":23,"featured_media":1419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_migrated_source_id":18364,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[7,4],"tags":[59,153,58],"class_list":["post-1420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ir","category-press","tag-earnings","tag-first-quarter-2025","tag-quarterly-earnings"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/1420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/comments?post=1420"}],"version-history":[{"count":6,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/1420\/revisions"}],"predecessor-version":[{"id":11378,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/1420\/revisions\/11378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media\/1419"}],"wp:attachment":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media?parent=1420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/categories?post=1420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/tags?post=1420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}