SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Tuesday, June 30, 2026.

South Korean chipmaker SK Hynix on Wednesday posted a record high quarterly profit, sharply beating estimates, and announced over $25 billion in dividends and buybacks, sending shares more than 8% higher.

Here are SK Hynix's third-quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:

Revenue: 104.62 trillion won ($78.86 billion) vs. 98.34 trillion won expected

104.62 trillion won ($78.86 billion) vs. 98.34 trillion won expected Operating profit: 83.33 trillion won vs. 76.72 trillion won expected

Revenue rose 327.9% from a year earlier, while operating profit climbed 632.1% year on year.

Compared with the previous quarter, revenue climbed 31.9%, while operating profit surged 37.6%.

SK Hynix shares rose more than 8%, outperforming the Kospi's 6.25% gain.

The company posted record quarterly revenue and operating profit, with sales exceeding 100 trillion won for the first time, as it announced plans to return about 100 trillion won to shareholders — including at least 30 trillion won in cash dividends and 60 trillion won in share buybacks and cancellations.

In the earnings call, SK Hynix CEO Kwak Noh-Jung cited financial market volatility and a correction in semiconductor stocks as the main reasons to halt its review of potential pre-IPO fundraising and IPO options for its U.S. subsidiary Solidigm.