Samsung Electronics Co., Ltd.
CorpDigest
Samsung Electronics Co., Ltd.
Financial Performance
Last reviewed: June 2026 · By Swet Parvadiya
Revenue
$233.5B
Market Cap
$1.00T
Net Income
$21.0B
Employees
262,647
Revenue of $233.5 billion in 2025 represents a recovery from the $200.3 billion trough of 2023 — the memory cycle downturn compressed revenues by 18 percent in a single year and then AI demand rebuilt them over the following two. Net income of $21 billion on $233.5 billion in revenue (9 percent margin) is cyclically influenced: in peak memory cycle years, Samsung's net margin has exceeded 20 percent; in trough years, it has approached zero. The revenue trajectory tells the cyclical story precisely: $244.2 billion in 2022, $200.3 billion in 2023, $210 billion in 2024, $233.5 billion in 2025. The trough-to-recovery period mirrors previous memory semiconductor cycles, though the AI demand driver for HBM is structurally different from the consumer PC demand driver of previous cycles. HBM chips used in AI accelerators sell at significantly higher average selling prices than commodity DRAM, which should sustain margins even if supply builds beyond AI data center demand. The Harman International acquisition for approximately $8 billion in 2017 — completed despite the governance crisis surrounding Lee Jae-yong's conviction — added $4 billion in annual connected car and audio revenue that provides some diversification from the semiconductor cycle. SmartThings, LoopPay, and Joyent were smaller acquisitions that built out the software and services infrastructure that the hardware-centric revenue base had historically lacked. The governance restoration — Jay Y. Lee appointed executive chairman in 2022 after the 2021 pardon — restores family control at a moment when the foundry gap with TSMC, the HBM competition with SK Hynix, and the smartphone margin compression all require simultaneous strategic attention. The $1 trillion market capitalization prices in the assumption that Samsung navigates all three challenges successfully.
Revenue Trend Analysis
YoY Change
+11.2%
6-Year CAGR
+2.8%
Peak Year
2022
Trend
Consistent Growth
Samsung Electronics Co., Ltd. has reported revenue across 7 fiscal years, compounding at +2.8% annually over 6 years. The most recent year saw a 11.2% increase versus the prior year. Revenue peaked in 2022 at $245.5B. Out of 6 reported periods, 5 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $233.5B | $21.0B | +11.2% |
| FY2024 | $210.0B | $15.0B | +8.2% |
| FY2023 | $194.0B | $11.0B | -21.0% |
| FY2022 | $245.5B | $42.1B | +0.5% |
| FY2021 | $244.4B | $33.5B | +21.8% |
| FY2020 | $200.7B | $22.1B | +1.6% |
| FY2019 | $197.6B | $18.5B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Samsung Electronics Co., Ltd. is a South Korean technology company operating in semiconductors, smartphones, displays, appliances, and connected devices.
Samsung Electronics generated about $233.5B in annual revenue in the latest reported year in this dataset.
Samsung Electronics reported consolidated revenue of 300.9 trillion Korean won for fiscal 2024, or approximately $233.5 billion at average exchange rates, up 16 percent from 258.9 trillion won in 2023. Operating profit recovered sharply to 32.7 trillion won, roughly $25.4 billion, from a depressed 6.6 trillion won in 2023, reflecting the rebound in memory pricing after the cyclical trough. Net profit was 34.5 trillion won, or about $26.8 billion. The 2024 revenue is below Samsung's all-time peak of 302.2 trillion won set in 2022, and operating profit remains well below the 51.6 trillion won record posted in 2018 at the prior memory peak. Memory revenue more than doubled in 2024 to roughly 76 trillion won as DRAM and NAND prices recovered from oversupply, although Samsung underperformed SK Hynix in High Bandwidth Memory aimed at NVIDIA AI accelerators. Mobile eXperience revenue grew modestly. Samsung Electronics returned roughly 9.8 trillion won to shareholders in 2024 through dividends and announced a 10 trillion won share buyback in November 2024, the largest in company history, to be executed over multiple tranches through 2026.
Samsung Electronics' market capitalization was approximately 380 trillion Korean won, or roughly $290 to $300 billion, in late 2025, making it the largest publicly listed company in South Korea by a wide margin and one of the most valuable Asian companies outside China. Samsung Group's aggregate market capitalization across listed affiliates approaches $1 trillion when Samsung Biologics, Samsung Life Insurance, Samsung C&T, Samsung Heavy Industries, Samsung SDI, and others are included. Samsung Electronics has two main share classes: common shares trading near 60,000 won and preferred shares trading at a persistent discount of roughly 25 to 30 percent. The 2024 to 2025 share price has underperformed peers, falling from a January 2024 high above 85,000 won to the mid-50,000 won range, reflecting concerns about HBM share losses to SK Hynix, foundry execution gaps versus TSMC, and softer mobile demand. In response, Samsung announced its largest-ever buyback of 10 trillion won in November 2024 and accelerated capital returns. The Korean government's Value-Up Program, encouraging chaebol to improve shareholder returns and reduce holding-company discounts, has shaped recent capital allocation.
Samsung's semiconductor business, reported as the Device Solutions division, is the largest single profit center in Samsung Electronics during memory upcycles and the largest loss center during downcycles. Device Solutions generated revenue of approximately 111.1 trillion Korean won in 2024 and operating profit of about 15.1 trillion won, recovering from an operating loss of 14.9 trillion won in 2023, when memory prices collapsed amid oversupply. Memory accounts for the majority of Device Solutions revenue and is dominated by DRAM, with NAND flash a secondary contributor. Samsung remains the largest memory maker by volume, with approximately 40 percent share of the global DRAM market and a similar share of NAND, but its position in High Bandwidth Memory, the AI-grade DRAM stacked atop logic dies, has slipped behind SK Hynix and roughly tied with Micron. NVIDIA, the dominant buyer of HBM3 and HBM3E, has been slow to qualify Samsung's HBM3E, and the resulting margin gap has been the single largest analyst concern for 2024 to 2025. Samsung Foundry contributes single-digit operating margin and has not been consistently profitable in recent years. Samsung guided semiconductor capital expenditure of roughly 49 trillion won in 2024.
Samsung Electronics employed approximately 267,860 people globally as of the end of 2024, of whom roughly 124,000 were based in South Korea and the remainder spread across more than 70 countries. The largest international workforces are in Vietnam, where Samsung operates massive smartphone assembly plants in Bac Ninh and Thai Nguyen employing over 90,000 workers, and India, where multiple facilities including the world's largest mobile factory in Noida contribute another large block. Samsung Group as a whole, including all chaebol affiliates such as Samsung Display, Samsung SDI, Samsung Biologics, Samsung C&T, and Samsung Heavy Industries, employs more than 500,000 people globally. Samsung Electronics has implemented selective headcount discipline since 2022, particularly in non-engineering corporate functions, while continuing to expand semiconductor and AI engineering teams. In 2024 the company announced workforce reductions of roughly 30 percent in overseas sales and marketing organizations and 15 percent in administrative roles to fund accelerated investment in semiconductors and AI. Samsung Electronics' union, the National Samsung Electronics Union, staged the company's first-ever organized strike in 2024 over pay and conditions, marking a notable governance shift in a company historically resistant to organized labor.
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CorpDigest. "Samsung Electronics Co., Ltd. Revenue & Financials." CorpDigest, https://corpdigest.com/company/samsung/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Samsung Electronics Co., Ltd. reported $234B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/samsung/financials" target="_blank" rel="noopener">CorpDigest — Samsung Electronics Co., Ltd. financials</a></div>