Kakao Pay reports Q1 2026 consolidated operating profit of 32.2 billion won, accelerating turnaround
- Consolidated Q1 2026: Revenue 300.3B KRW, Operating profit 32.2B KRW, Net profit 34.7B KRW (turnaround from loss)
- Financial services (invest/lending/insurance) revenue 145.9B KRW, up 67% YoY, accounting for 48.6% of total
- Payment services revenue 138.4B KRW, platform services 16.0B KRW
- Kakao Pay Securities: operating profit 23.6B KRW, net profit 23.6B KRW (standalone)
- Kakao Pay Insurance: insurance loss 9.2B KRW (continued losses)
- Debt ratio 201.97% (up from 173.70% at end-2025)
- Two lawsuits ongoing regarding personal data transfers (total fines 2.1B KRW)
- No dividends or share buyback plans
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KOSPI Filing Information
- Filing: Quarterly Report (2026.03)
- Company: Kakaopay (377300)
- Submission: Kakaopay Corp.
- Receipt: 05-14-2026