Reminder: The three major storage companies are set to announce their earnings next week.
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Glonhui July 24 | Next week, three leading memory companies—SK Hynix, Samsung Electronics, and Kioxia—will announce their latest financial results:SK Hynix will release its second-quarter financial report on Wednesday, July 29. According to Visible ALPHA consensus estimates, SK Hynix is expected to deliver another stellar quarterly performance. The company’s revenue for the second quarter is projected to grow by 260% year-on-year, reaching $52 billion. Among this, its DRAM business is expected to achieve revenue of $40.4 billion, a year-on-year increase of 265%; the NAND flash business is projected to bring in $13.1 billion, up 330% year-on-year.Samsung Electronics will officially announce the full version of its second-quarter financial report on Thursday, July 30. Previously, on July 7, Samsung had released preliminary performance data. Second-quarter revenue grew by 129% year-on-year, reaching 171 trillion won (approximately $116.6 billion); operating profit for the period was 89.4 trillion won (about $58.4 billion), soaring 18-fold year-on-year and setting a new all-time single-quarter record.Kioxia will publish its first-quarter financial report for fiscal year 2027 on Friday, July 31. The market expects its quarterly profit to potentially double compared to the previous quarter.
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