LG Electronics announced its **LG financial results** for the second quarter of 2026, reporting a consolidated revenue of KRW 23.83 trillion and an operating profit of KRW 1.58 trillion.
The company achieved these figures despite challenging conditions in the global economy, driven by sales of high-value products and improved cost competitiveness.
Overview of the LG financial results
The **LG financial results** show that the company achieved its highest second-quarter revenue and operating profit in its history. These **LG financial results** reflect a 14.9 percent increase in revenue year-over-year, while operating profit rose by 147 percent during the same period.
The company attributed the profit growth to enhanced cost efficiencies across its global operations and emergency management measures. Additionally, LG recognized tariff refunds on duties previously paid for exports to the United States as a one-time gain. Business-to-business (B2B) revenue reached KRW 6.50 trillion, representing 36 percent of total company revenue, which is a 5 percent increase year-over-year.
Performance Across Business Divisions
The Home Appliance Solution Company reported revenue of KRW 7.08 trillion and an operating profit of KRW 686 billion. This marks the first time quarterly revenue for the division surpassed KRW seven trillion, with the operating margin approaching 10 percent for the second consecutive quarter. The performance was supported by a dual-track strategy targeting both premium and volume segments, alongside supply chain optimization.
The Media Entertainment Solution Company recorded revenue of KRW 5.11 trillion and an operating profit of KRW 219 billion. Sales of premium televisions, including OLED and QNED models, remained steady, while the webOS platform business continued to expand. Meanwhile, consumer interest in connected smart devices supported overall division performance.
The Vehicle Solution Company, which operates in the automotive sector, achieved revenue of KRW 3.03 trillion and an operating profit of KRW 191 billion. Both figures represent second-quarter highs for the division, with the operating margin exceeding 6 percent for the second consecutive quarter.
Growth in B2B and Subscription Sectors
The Eco Solution Company recorded revenue of KRW 2.73 trillion and an operating profit of KRW 236 billion, driven by overseas air conditioner sales. The division maintained an operating margin of 8.6 percent. The subscription business, covering products and services, recorded revenue of KRW 660 billion, representing a 5 percent increase year-over-year.
LG is also investing in artificial intelligence data center cooling solutions. The company’s in-house-developed Coolant Distribution Unit is preparing to enter the global supply chain for data centers.
Future Outlook and Strategic Focus
For the third quarter of 2026, LG expects a short-term slowdown in market demand. The company plans to focus on key markets in the Global South to maintain growth. Additionally, LG will begin full-scale operations of its robot actuator business and continue structural improvements to secure profitability across all divisions.
