The company announced net sales of $5.0 billion for Q1 of fiscal 2026 ended September 30, 2025, compared with $5.9 billion in the prior year period, and net income of $168 million compared with $424 million in the prior year period.

1. 01

   The company announced net sales of $5.0 billion for Q1 of fiscal 2026 ended September 30, 2025, compared with $5.9 billion in the prior year period, and net income of $168 million compared with $424 million in the prior year period.

2. 02

   The company said GAAP gross margin for Q1 was 9.3% compared with 13.1% in the prior year period, and adjusted EBITDA was $334,857 thousand, representing 6.7% of net sales compared with 9.9% in the prior year period.

3. 03

   The company said cash used by operating activities for Q1 was $918 million and capital expenditures were $32 million, and as of September 30, 2025 total cash and cash equivalents were $4.2 billion and total bank debt and convertible notes were $4.8 billion.

4. 04

   The company expects net sales of $10.0 billion to $11.0 billion for Q2 of fiscal 2026 ending December 31, 2025 and full-year net sales of at least $36.0 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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