Samsung Heavy Industries Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	10,650,011	9,903,078	8,009,430	5,944,667	6,622,001
Other Revenue	-	-	-	0	0
Revenue	10,650,011	9,903,078	8,009,430	5,944,667	6,622,001
Revenue Growth (YoY)	7.54%	23.64%	34.73%	-10.23%	-3.47%
Cost of Revenue	9,275,685	8,982,516	7,363,956	6,406,887	7,387,663
Gross Profit	1,374,326	920,562	645,474	-462,220	-765,662
Selling, General & Admin	365,112	304,192	304,155	295,641	384,748
Research & Development	100,938	82,976	67,821	60,865	50,837
Other Operating Expenses	14,103	12,401	12,071	13,165	15,777
Operating Expenses	512,115	417,863	412,129	392,201	546,294
Operating Income	862,211	502,699	233,345	-854,421	-1,311,956
Interest Expense	-140,223	-213,247	-178,582	-99,728	-135,055
Interest & Investment Income	24,930	21,107	32,859	15,868	10,909
Earnings From Equity Investments	-7.5	5.21	-53.14	-836.88	-1,814
Currency Exchange Gain (Loss)	-124,949	108,863	36,696	40,469	33,186
Other Non Operating Income (Expenses)	28,517	-734,929	-419,977	343,938	54,914
Pretax Income	650,479	-315,502	-295,712	-554,711	-1,349,817
Income Tax Expense	114,725	-369,379	-140,156	72,701	102,253
Earnings From Continuing Operations	535,754	53,877	-155,556	-627,412	-1,452,070
Minority Interest in Earnings	9,786	9,999	7,284	7,974	7,001
Net Income	545,540	63,876	-148,273	-619,438	-1,445,068
Net Income to Common	545,540	63,876	-148,273	-619,438	-1,445,068
Net Income Growth	754.06%	-	-	-	-
Shares Outstanding (Basic)	854	854	854	854	665
Shares Outstanding (Diluted)	854	854	854	854	665
Shares Change (YoY)	-	-	-	28.47%	5.56%
EPS (Basic)	638.69	74.78	-173.59	-725.21	-2173.52
EPS (Diluted)	638.69	74.78	-173.59	-725.21	-2173.52
EPS Growth	754.06%	-	-	-	-
Free Cash Flow	1,337,233	481,125	-669,886	-1,755,431	805,623
Free Cash Flow Per Share	1565.57	563.28	-784.27	-2055.18	1211.73
Gross Margin	12.90%	9.30%	8.06%	-7.78%	-11.56%
Operating Margin	8.10%	5.08%	2.91%	-14.37%	-19.81%
Profit Margin	5.12%	0.65%	-1.85%	-10.42%	-21.82%
Free Cash Flow Margin	12.56%	4.86%	-8.36%	-29.53%	12.17%
EBITDA	1,146,213	791,901	473,985	-655,213	-1,112,642
EBITDA Margin	10.76%	8.00%	5.92%	-11.02%	-16.80%
D&A For EBITDA	284,002	289,202	240,640	199,208	199,314
EBIT	862,211	502,699	233,345	-854,421	-1,311,956
EBIT Margin	8.10%	5.08%	2.91%	-14.37%	-19.81%
Effective Tax Rate	17.64%	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.