SK Hynix Q2 Earnings: Revenue Up 35% YoY to Record High

CNBC AI News – SK Hynix has reported a stellar second quarter for 2025, fueled by robust demand for its memory solutions, particularly its leading-edge High Bandwidth Memory (HBM) products.

The South Korean memory giant announced record-breaking quarterly revenue and operating profit, exceeding expectations. Revenue for the quarter ending June 30th surged to ₩22.232 trillion (approximately $16.273 billion USD), marking a 35% year-over-year increase and a 26% jump from the previous quarter. Operating profit soared to ₩9.2129 trillion ($6.74 billion USD), reflecting a substantial 68% year-over-year rise and a 24% sequential increase. Net profit also climbed significantly, reaching ₩6.9962 trillion ($5.121 billion USD), a 70% increase compared to the same period last year. Profitability remained strong, with an operating profit margin of 41% and a net profit margin of 31%.

SK Hynix attributed this impressive performance to higher-than-anticipated shipments of DRAM and NAND flash memory products. Expanding sales of the company’s advanced 12-layer HBM3E product line played a key role, capitalizing on the surging demand for high-performance memory in AI and high-performance computing applications. The company is strategically positioned to benefit from the ongoing AI boom, as HBM memory is crucial for accelerating AI workloads.

Furthermore, the company observed increased memory orders from customers throughout the second quarter, alongside maintained stable inventory levels, indicating healthy demand and efficient supply chain management.

Looking ahead to the second half of 2025, SK Hynix anticipates continued growth in memory demand. The company plans to capitalize on this momentum by supplying server modules equipped with LPDDR memory, expanding sales of high-capacity enterprise-grade solid-state drives (SSDs) based on QLC (Quad-Level Cell) NAND flash, and building a comprehensive product portfolio based on 321-layer NAND flash technology. These strategic initiatives are aimed at further strengthening SK Hynix’s market competitiveness and solidifying its position as a leader in the global memory market.