SK Hynix Inc.
Financial Performance
SK Hynix Revenue & Financials
Revenue
~$69B (FY2025)
Market Cap
$964B
Net Income
~$30.5B
Employees
46,863
What is SK Hynix's revenue?
SK Hynix had ~$69B in revenue for fiscal year 2025, up 46.8% from 2024. Net income was ~$30.5B.
- Latest revenue
- ~$69B (FY2025)
- Year-over-year
- +46.8%
- Growth rate (CAGR)
- 13.3% over 7 years
- Peak revenue
- ~$69B (FY2025)
- Years of data
- 8
- Employees
- 46,863
- How much profit does SK Hynix make?
- SK Hynix reported net income of ~$30.5B for fiscal year 2025. stockanalysis.com
- How many employees does SK Hynix have?
- SK Hynix has about 46,863 employees.
Financial Analysis
SK hynix's results track the memory cycle. Revenue fell to ~$23.3B (KRW 32.77T) in 2023 with a ~$6.46B (KRW 9.1T) net loss, then doubled to ~$47B (KRW 66.19T) in 2024 and reached ~$69B (KRW 97.15T) in 2025. The AI-driven upswing accelerated in 2026: Q1 revenue was ~$37.3B (KRW 52.58T) and Q2 hit ~$56.3B (KRW 79.32T), with a 76% operating margin. Q2 net profit of ~$66.7B (KRW 93.92T) exceeded revenue because of non-operating gains. At the end of June 2026 the company held ~$62.5B (KRW 88T) in cash against ~$13.2B (KRW 18.6T) of debt, a net cash position of ~$49.3B (KRW 69.4T). SK Hynix Inc. is a colossal South Korean semiconductor supplier and the absolute second-largest memory chipmaker in the world, sustaining a massive market valuation generally exceeding $100 billion.
Revenue Trend Analysis
YoY Change
+46.8%
7-Year CAGR
+13.3%
Peak Year
2025
Trend
Mostly Growing
SK Hynix Inc. has 8 full fiscal year figures on this page, compounding at +13.3% annually over 7 years. The most recent year saw a 46.8% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$69B. Of 7 comparable year-over-year steps, 5 showed growth and 2 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$69B | ~$30.5B | +46.8% | SK hynix (KRX:000660) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-12-31. |
| FY2024 | ~$47B | ~$14B | +102.0% | SK hynix (KRX:000660) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-12-31. |
| FY2023 | ~$23.3B | -~$6.5B | -26.6% | SK hynix (KRX:000660) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-12-31. |
| FY2022 | ~$31.7B | ~$1.6B | +3.8% | SK hynix (KRX:000660) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-12-31. |
| FY2021 | ~$30.5B | ~$6.8B | +34.8% | SK hynix (KRX:000660) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2021-12-31. |
| FY2020 | ~$22.6B | — | +18.2% | Wikidata total revenue statement, citing the linked document |
| FY2019 | ~$19.2B | — | -33.3% | Wikidata total revenue statement, citing the linked document |
| FY2018 | ~$28.7B | — | — | Wikidata total revenue statement, citing the linked document |
Click any row to see year details.
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SK Hynix Revenue and Financial FAQ
What was SK hynix's total revenue for FY2025?
SK hynix reported consolidated revenue of approximately $69 billion (KRW 97.15 trillion) for fiscal year 2025, more than doubling from KRW 47.2 trillion in 2024, driven by explosive global demand for HBM3E memory.
What was SK hynix's operating profit in FY2025?
Operating profit reached a phenomenal ~$33.5 billion (KRW 47.21 trillion) in FY2025, rebounding completely from a severe cyclical operating loss of KRW 7.73 trillion in 2023.
What were SK hynix's record-breaking results in Q2 2026?
In the second quarter of 2026, SK hynix reported all-time quarterly revenue of ~$56.3 billion (KRW 79.32 trillion) and operating profit of ~$43 billion (KRW 60.54 trillion), achieving an unprecedented 76% operating margin.
Why did operating margins surge to 76% in 2026?
Margins expanded due to the near-total market dominance of high-margin HBM3E and early HBM4 shipments to Nvidia, high Average Selling Prices (ASPs), strong pricing in server DDR5, and turnaround profitability at NAND subsidiary Solidigm.
What is SK hynix's net cash position and balance sheet health?
As of mid-2026, SK hynix held approximately $62.5 billion (KRW 88 trillion) in cash and equivalents against $13.2 billion (KRW 18.6 trillion) in total debt, creating a fortress net cash balance of approximately $49.3 billion.
What is SK hynix's capital expenditure (Capex) budget?
SK hynix invested over KRW 20 trillion to KRW 25 trillion (~$15B-$18B) in capex in 2025-2026, allocating funds toward the M15X fab in Cheongju, cleanrooms in Yongin, advanced packaging in Indiana, and ASML High-NA EUV tools.
Did SK hynix execute a major share buyback program in 2026?
Yes, in August 2026, SK hynix authorized a massive KRW 40 trillion (~$28.4 billion) common share buyback program to return excess AI memory cash flows directly to shareholders.
What is SK hynix's market capitalization on the Korea Exchange?
SK hynix trades on the Korea Exchange (KRX: 000660) with a market capitalization fluctuating between $100 billion and $150 billion+ (surpassing KRW 160 trillion), ranking among the world's top five semiconductor companies.
When did SK hynix list American Depositary Receipts (ADRs) on Nasdaq?
In July 2026, SK hynix successfully listed its American Depositary Receipts on the Nasdaq exchange, significantly expanding its institutional investor base across North America.
How did Solidigm impact consolidated financial earnings?
After incurring restructuring losses during the 2023 storage recession, Solidigm returned to solid operating profitability in 2024-2025, generating billions in revenue from high-capacity 61TB QLC enterprise SSD sales to cloud hyperscalers.
What was the dividend payout policy adopted by SK hynix?
SK hynix maintains a shareholder return framework that commits 30% to 40% of annual free cash flow to dividends, guaranteeing a minimum annual base dividend of KRW 1,200 to KRW 1,500 per share.
How do memory cycle downturns impact SK hynix's earnings volatility?
Historically, memory downturns cause severe revenue drops—as seen in 2023 when revenue plunged 27% to KRW 32.77 trillion. However, customized HBM long-term contracts have permanently dampened cyclical volatility.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "SK Hynix Revenue & Financials." CorpDigest, https://corpdigest.com/company/sk-hynix/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>SK Hynix reported ~$69B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/sk-hynix/financials" target="_blank" rel="noopener">CorpDigest — SK Hynix financials</a></div>Related Financial Audits
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