Samsung Electronics reported a record quarterly operating profit and revenue for the second quarter of 2026, driven by surging demand for AI server chips — even as its mobile and networks business swung to an operating loss.
The company posted operating profit of 89.5 trillion won for the quarter ended June 30, a 1,814% increase year on year, with the sequential gain from the prior quarter coming in at 56%
Revenue reached 171.5 trillion won, up 130% year on year and 28% quarter on quarter, also a record. Earnings per share rose 52% to 10,849 won. The result beat analyst expectations for operating profit of 88.13 trillion won, while revenue came in just below the expected 172.65 trillion won, according to CNBC.
Samsung’s Device Solutions division, which houses its memory chip operations, was the engine of the quarter. The division posted 127.5 trillion won in revenue and 89.2 trillion won in operating profit, the company said. It cited AI server demand as the primary driver, with server products commanding a record share of the sales mix.