Company research

Operating margin climbed from 7.3 to 13.2 percent across six quarters, and in the latest one net profit came to a tenth of the year-earlier figure.

Kakao posted revenue of KRW 2,098.5bn and operating profit of KRW 277.0bn for the second quarter of 2026, so a 9.4 percent rise in revenue met a 35.9 percent rise in operating profit and pushed the operating margin from 10.6 to 13.2 percent. Consolidated net profit went the other way, KRW 18.0bn against KRW 171.8bn a year earlier, after a KRW 180.7bn loss from discontinued operations and a tax charge that grew from KRW 23.2bn to KRW 165.1bn. Read only the operating line or only the bottom line for this quarter and half the company goes missing.

Apple wrote into its own release that roughly 2 points of the quarter's 50.1 percent gross margin came from tariff refunds.

Apple's fiscal 2026 third quarter closed on 27 June 2026 with revenue of $109.4 billion and diluted earnings per share of $2.02. The release states that about 2 percentage points of the 50.1 percent gross margin, and $0.11 of the per-share figure, came from tariff refunds. The financial statements published alongside it split that margin in two, 40.1 percent on products against 75.6 percent on services, which is why services at 28 percent of revenue produce 42 percent of gross profit.

Of $81.6 billion in quarterly revenue, $75.2 billion came from one segment: data center.

NVIDIA reported revenue of $81.6 billion and data center revenue of $75.2 billion for the first quarter of fiscal 2027. That puts 92 percent of the top line in server-bound accelerated computing, leaving $6.4 billion for everything else: gaming, professional visualization and automotive. The fiscal year ends in late January, so the quarter labelled first quarter fiscal 2027 actually closed on 26 April 2026. Every figure below comes from three of the company's own quarterly releases.

Of the 89.5 trillion won in group operating profit, 89.2 trillion came from semiconductors.

Samsung Electronics reported revenue of 171.5 trillion won and operating profit of 89.5 trillion won for the second quarter of 2026. The Device Solutions arm, which runs memory and foundry, accounted for 127.5 trillion won of that revenue and 89.2 trillion won of the profit, while Device Experience, the phone and appliance side, booked 48 trillion won in revenue and an operating loss of 0.8 trillion won. With group profit resting on memory almost alone, this stock tracks the memory price cycle closely. Every figure below is taken straight from the company's own quarterly releases.