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SK hynix 2026 Analysis

Financials & AI Infrastructure

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    Revenue Trajectory

    Exponential Growth from 1Q25 to 1Q26

    • 1Q26 Revenue: 52,576.3B KRW
    • Growth: 1Q25 (17,639.1B) vs 1Q26 (52,576.3B)
    • FY2025 Total: 97,146.7B KRW
    Revenue Growth (Billion KRW)

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    Profitability Analysis

    Margin Expansion in 2026

    • 1Q26 Op Margin: 72% (vs 42% in 1Q25)
    • 1Q26 Net Margin: 77%
    • FY2025 Op Margin: 49%
    Margin Comparison

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    Memory Pricing Trends (2026-Q1)

    Product-Specific Pricing Data

    • DDR5 RDIMM 32GB leads at 975.00 USD
    • DDR4 UDIMM 16GB at 150.76 USD
    • DDR4 16Gb 3200 at 60.86 USD
    • DDR5 16Gb 4800/5600 at 41.50 USD
    2026-Q1 Memory Prices

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    Inventory & Efficiency

    FY2025 Inventory Position

    • Inventory Level: 14,289.39B KRW
    • Days Inventory Outstanding (DIO): 131.02 days
    • Cost of Revenue (FY2025): 38,455.89B KRW

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    AI Infrastructure Insight

    Market Outlook and Demand Drivers

    • HBM Demand: Rated High for 2026
    • Price Strength: Rated Strong
    • Inventory Risk: Data available via DIO (131.02 days)
    • Valuation Risk: Re-rating needed
    Insight Bridge Score

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    Summary of Financial Strength

    Key Metric Snapshot

    • 1Q26 Operating Profit: 37,610.3B KRW
    • 1Q26 Net Income: 40,345.9B KRW
    • Massive margin expansion compared to FY2025

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    End of Analysis

    Data Sources: SK hynix Official IR & TrendForce

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