LG Electronics Q2 2026 Net Income Jumps Nearly 30 Percent to 781.3 Billion Won on Premium Appliance Sales

SEOUL, July 30, 2026 — LG Electronics Inc., the South Korean consumer technology company, said Thursday that its second-quarter net income jumped nearly 30 percent from a year earlier, driven by robust sales of premium home appliances. Net profit for the April–June period reached 781.3 billion won (US$542.4 million), up 28.1 percent year on year, while operating profit more than doubled to 1.57 trillion won from 639.4 billion won a year earlier and sales rose 14.9 percent to 23.82 trillion won.

What drove the quarter

LG Electronics said strong sales of premium home appliances and televisions, coupled with higher demand generated by major global sporting events and continued growth in its vehicle components business, helped offset uncertainties stemming from geopolitical tensions in the Middle East. The combination of premium product demand and an expanding components business carried the quarter despite an unsettled external environment.

Key figures for the second quarter of 2026

• Net profit: 781.3 billion won (US$542.4 million), up 28.1 percent from the April–June quarter a year earlier.
• Operating profit: 1.57 trillion won, compared with 639.4 billion won a year ago — more than double the year-earlier level.
• Sales: 23.82 trillion won, up 14.9 percent year on year.
• Home appliance division: 7.08 trillion won in sales and 685.9 billion won in operating profit, around 30 percent of the company's quarterly sales.
• Television division: 5.11 trillion won in sales and 219.4 billion won in operating profit, roughly 21 percent of quarterly sales.
• Vehicle components (vehicle solution) operation: 3.03 trillion won in sales and 191.2 billion won in operating profit, extending its steady growth.

Results by business division

Home appliances lead the company

The division that oversees the company's home appliance business posted 7.08 trillion won in sales and 685.9 billion won in operating profit. Among the three operations whose results the company disclosed, it was the largest contributor both in sales and in operating profit, underlining the company's statement that premium home appliances were the main engine of the quarter.

Television business

The television business division reported 5.11 trillion won in sales and 219.4 billion won in operating profit, the second-largest of the three disclosed operations by sales. Premium screens remained a core part of the company's consumer portfolio alongside its appliance lines.

Vehicle components keep growing

The vehicle solution operation posted 3.03 trillion won in sales and 191.2 billion won in operating profit, extending its steady growth. The company counted the continued expansion of its vehicle components business among the factors that helped cushion the quarter against external uncertainty.

Company and contacts

LG Electronics Inc.

Contact: corporate communications of LG Electronics Inc. — the results were announced by the company and reported by Yonhap News Agency; the source article published no corporate phone or e-mail contacts.

Website: https://www.lg.com/global/