Q4 2025 Samsung SDI Co Ltd Earnings Call Transcript
Key Points
- Samsung SDI Co Ltd (FRA:XSDG) reported a 26.4% increase in Q4 revenue quarter-over-quarter, driven by expanded US sales in the ESS market.
- The company achieved an all-time high quarterly revenue in the ESS segment, with a 50% global BBU market share based on battery cell sales.
- Technological advancements were made, including a joint development agreement with BMW for all solid-state batteries and an MOU with Hyundai Motor Company for robot batteries.
- The Electronic Materials business maintained consistent performance, with a solid operating profit of KRW39 billion in Q4.
- Samsung SDI Co Ltd (FRA:XSDG) plans to maximize ESS sales to achieve 100% production capacity utilization and leverage AMPC incentives for profitability.
- The company reported an operating loss of KRW299 billion in Q4 2025, with a net income loss of KRW208 billion.
- Annual revenue for the battery business decreased by 21% year-over-year due to a decline in EV sales and delayed recovery in demand for small batteries.
- The Electronic Materials business experienced a slight year-over-year decrease in revenue due to reduced sales of OLED materials.
- The global EV battery market is expected to grow only about 6% excluding China, influenced by easing green policies and adjustments by major OEMs.
- Samsung SDI Co Ltd (FRA:XSDG) faces challenges in improving utilization rates at its Hungary plant due to relaxed European emissions regulations and increased penetration of Chinese EVs.
Good afternoon. I'm Yoon Tae Kim, Executive Vice President of the Finance and Accounting team at Samsung SDI. First of all, I'd like to thank everyone for joining today's earnings call. Joining me are EVP, Jae-kyun Oh from Business Management Operations; EVP, Jong Sun Park from Strategic Marketing Office; EVP, Yonghui Cho from ESS Business team; and VP, Ik Soo Kim from Strategic Marketing team of Electronic Materials Business.
The earnings call presentation will be provided with simultaneous interpretation and Q&A session with consecutive interpretation. We'll now begin Samsung SDI's 2025 4Q earnings call.
First of all, let me start with financial results for Q4 2025. Q4 revenue was KRW3.9 trillion, a 26.4% increase QoQ and a 2.8% increase YoY. Operating profit recorded a loss of KRW299 billion. Pretax income recorded a loss of KRW236 billion, which reflects equity income in affiliates and other factors and net income showed a loss of KRW208 billion. Annual results showed revenue of KRW13.3
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
