HYBE reported its strongest quarterly earnings to date in the third quarter of 2026, posting revenue of 1.52757 trillion Korean won ($1.135 billion) and operating profit of 188.5 billion won ($140.35 million). The results exceeded the company’s previous quarterly records of 1.45 trillion won in revenue and 170.9 billion won in profit.
Recorded music, concerts, artist appearances and advertising brought in 1.0743 trillion won ($801.36 million), accounting for 70% of quarterly revenue. Touring generated 726.8 billion won ($541.7 million), while recorded music contributed 282.8 billion won ($210.67 million).
BTS’ European and North American tour dates were a major driver of touring revenue. Other HYBE acts on the road during the quarter included ENHYPEN, LE SSERAFIM, &TEAM, KATSEYE and CORTIS. HYBE said KATSEYE played 31 sold-out shows across Europe and North America, with further dates in Asia and Oceania planned for January.
BTS’ North American tour merchandise brought in 107 billion won ($79.66 million). Across the company, merchandise and licensing revenue totaled 334.6 billion won ($249.11 million). Indirect artist activities, including merchandise, licensing, fan club memberships and content, generated 750.4 billion won ($559.1 million).
KATSEYE also contributed with its third EP, WILD, released on Aug. 14. The release topped the Billboard 200 and recorded 170,000 equivalent album units in its first week.
HYBE also announced two business developments during the quarter: the launch of HYBE Global Label Service in October and the debut of Tru Records, its first Latin pop label. Santos Bravos was the label’s first signing.
Sources: Billboard.