LG Electronics Q3 revenue up 8.9%, operating profit misses forecasts
In short
LG Electronics reported preliminary third-quarter revenue of 23.83 trillion won (238,270 hundred million won), up 8.9% year on year, and operating profit of 781.8 billion won (7,818 hundred million won), up 13.5% year on year. Both figures missed market expectations cited by CLS: revenue against 24.13 trillion won and operating profit against 995.5 billion won. Operating profit fell 50.5% from the previous quarter and revenue was flat, IT Home reported, citing short-term cost and expense changes.
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LG Electronics released preliminary third-quarter 2026 results on October 7, reporting revenue of 23.83 trillion won (238,270 hundred million won), up 8.9% year on year, and operating profit of 781.8 billion won (7,818 hundred million won), up 13.5% year on year. IT Home described LG Electronics as a major global consumer electronics and home appliance company. IT Home, CLS and Jiemian all carried the figures. [ 1 , 2 , 3 ]
Both figures fell short of market expectations cited by CLS. The business outlet said revenue was expected at 24.13 trillion won and operating profit at 995.5 billion won. It did not identify the source of those expectations, and the other documents did not mention them. [ 2 ]
On a quarter-on-quarter basis, operating profit fell 50.5% while revenue was flat, IT Home reported. The outlet attributed the profit decline mainly to short-term changes in costs and expenses, without specifying what those changes were. [ 1 ]
For the first nine months of 2026, LG Electronics posted cumulative revenue of 713,807 hundred million won (about 71.38 trillion won), up 9.2% year on year, and cumulative operating profit of 40,346 hundred million won (about 4.03 trillion won), up 55.9% year on year, according to IT Home. [ 1 ]
IT Home said the quarterly figures are provisional and may change after an external audit. LG Electronics will hold a later earnings briefing to disclose detailed results, the outlet said. [ 1 ]
Why it matters
LG Electronics is a major global consumer electronics and home appliance company, according to IT Home, so its quarterly results are of interest to investors and industry watchers. The preliminary figures show year-on-year growth but a miss against market expectations and a sharp quarter-on-quarter drop in operating profit, which IT Home attributes to short-term costs. Detailed results and any revision after audit are still to come.
Key facts
- LG Electronics reported preliminary third-quarter revenue of 23.83 trillion won (238,270 hundred million won). [ 1 , 2 , 3 ]
- Revenue rose 8.9% year on year. [ 1 , 3 ]
- Operating profit was 781.8 billion won (7,818 hundred million won). [ 1 , 2 , 3 ]
- Operating profit rose 13.5% year on year. [ 1 , 3 ]
- Both revenue and operating profit fell short of market expectations cited by CLS: 24.13 trillion won and 995.5 billion won, respectively. [ 2 ]
- Operating profit dropped 50.5% from the previous quarter and revenue was flat, according to IT Home. [ 1 ]
- IT Home said the figures are provisional and may change after an external audit, with detailed results to come at a later earnings briefing. [ 1 ]
Confirmed by several sources
- LG Electronics reported third-quarter revenue of 23.83 trillion won (238,270 hundred million won). [ 1 , 2 , 3 ]
- LG Electronics reported third-quarter operating profit of 781.8 billion won (7,818 hundred million won). [ 1 , 2 , 3 ]
- Revenue rose 8.9% year on year. [ 1 , 3 ]
- Operating profit rose 13.5% year on year. [ 1 , 3 ]
- LG Electronics released preliminary results on October 7, 2026. [ 1 , 3 ]
Still unclear
- The reason for the quarter-on-quarter drop in operating profit. Only IT Home mentions short-term cost and expense changes, without detail or confirmation from LG Electronics.
- The source and basis of the market expectations. Only CLS cites expected figures; the other documents do not mention expectations.
- Full details, including any divisional breakdown. IT Home says LG Electronics will hold a later earnings briefing to disclose detailed results.
- Whether the preliminary figures will be revised after audit. IT Home states the data are provisional and may change after an external audit.
- Reliability of IT Home's analysis. IT Home states its analysis was automatically generated by AI and is for reference only, not representing the outlet's views.