Samsung posts record third-quarter profit as revenue rises 126%
South Korean tech company Samsung reported an operating profit of 107.4 trillion won, about 72.18 billion euros, for the third quarter of 2026. Latvian outlet Kursors.lv links the result to the artificial intelligence boom.
South Korean technology group Samsung has announced the highest financial results in its history. Its operating profit for the third quarter of 2026, the period ending in September, reached 107.4 trillion South Korean won, or roughly 72.18 billion euros at the exchange rate cited in the source. Latvian news site Kursors.lv presents the result as a consequence of the rapid growth of artificial intelligence.
Revenue and year-on-year comparison
Consolidated revenue, which covers the combined income of all companies in the group, came to 195.3 trillion won, or around 131.26 billion euros. Compared with the same period a year earlier, revenue grew by 126%. Profit growth over the same comparison was also described as very sharp, but the exact figure is not given in the available excerpt of the source.
Why it matters
Samsung is one of South Korea's largest technology companies, so its figures serve as an indicator of the state of the industry. The numbers suggest that demand for artificial intelligence technology has significantly influenced the company's financial performance.
