005930.KS earnings — 2026-07-28

Samsung Electronics Q2 2026, announced 2026-07-30 KST (the calendar stub carried the approximate 07-28 date): revenue ₩171.5T, +130% YoY (+28% QoQ); operating profit ₩89.49T (~$62B), +1,814% YoY — an 18-fold surge, margins above 52%, the third straight record quarter. Memory division records; Galaxy handsets posted an operating loss.

HBM: mass HBM4 production since February; Q3 HBM4 revenue guided to more than triple QoQ, reaching ~60% of HBM revenue in H2. Industry-first 12-layer HBM4E samples delivered (+20% performance vs HBM4, 48GB/stack); NVIDIA supply expanding as Samsung targets reclaiming HBM leadership by 2027.

The 2027 supply warning — a SHORTAGE call, not a glut call: "judging solely from the orders already received for 2027, the supply-demand gap will widen further compared to 2026." Capex ₩15.4T in Q2, rising, with supply constraints intensifying through 2027.

Tape reaction (2026-07-30 Seoul): Samsung +7% intraday, closed ₩216,500 (+3.7%) — while SK hynix fell ~5% the same session. Seoul differentiating by share-shift, no longer liquidating uniformly.

Sources: Samsung Newsroom Q2 2026, TradingKey — Q2 + 2027 supply outlook, Investing.com slides.