Samsung's Q2 preliminary profit hits record high for 3rd consecutive quarter

SEOUL - Samsung Electronics' second-quarter profit hit a record high for a third consecutive quarter amid a soaring demand for semiconductors used in artificial intelligence (AI) chipsets, the company said Tuesday.

The South Korean tech giant's preliminary operating profit reached 89.4 trillion won ($58.5 billion) in the April-June quarter, up 1,810.26 percent from a year earlier.

It beat the market expectations of about 84.2 trillion won ($55.1 billion), continuing its record-breaking streak since the fourth quarter of 2025.

The second-quarter profit topped the combined operating profit of 82.87 trillion won ($54.2 billion) recorded over the past three years, including 6.57 trillion won ($4.3 billion) in 2023, 32.7 trillion won ($21.4 billion) in 2024 and 43.6 trillion won ($28.5 billion) in 2025.

Samsung's preliminary revenue surged 129.31 percent from a year earlier to hit an all-time high of 171 trillion won ($111.9 billion) in the second quarter.

The net income and detailed earnings for each business unit will be unveiled later this month.