LG Energy Solution Posts Q1 2026 Operating Loss of 207.8 Billion Won… Turns to Deficit
- LG Energy Solution Q1 2026 (consolidated) preliminary results: Revenue 65,550 billion won (YoY -2.5%), operating loss 207.8 billion won (vs operating profit of 374.7 billion won in Q1 2025 → turned to deficit)
- Net loss 944.0 billion won (vs net profit of 226.6 billion won in Q1 2025 → turned to deficit), loss widened from previous quarter (-772.5 billion won)
- Loss before income tax from continuing operations 858.6 billion won (vs profit of 364.5 billion won in Q1 2025 → turned to deficit), loss increased from previous quarter (-476.1 billion won)
- Including North American production subsidies (IRA 45X): operating loss 207.8 billion won; excluding subsidies: operating loss 397.5 billion won (operating margin -6.2%)
- Changed accounting presentation for North American production subsidies (from revenue to 'revenue and other income'); prior periods restated on same basis
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KOSPI Filing Information
- Filing: [Correction of Description] Report on Consolidated Financial Statements-Based Business (Preliminary) Results (Fair Disclosure)
- Company: LG ENERGY SOLUTION (373220)
- Submission: LG ENERGY SOLUTION, LTD.
- Receipt: 04-30-2026
- Under KRX KOSPI Market Division