Hyundai Motor posts record Q3 revenue of KRW 46.72 trillion

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SEOUL, October 31, 2025 -Hyundai Motor Company’s revenue during the July-September period rose 8.8 percent year on year to KRW 46.72 trillion, marking its highest-ever third-quarter revenue. Strong sales in key markets, such as the U.S. and Europe, as well as favorable foreign exchange rates contributed to the company’s sustained revenue growth. 

The company announced a quarterly dividend of KRW 2,500 per share for the third quarter – a 25 percent increase from the same period last year. This is in line with the company’s commitment to increase shareholder value and deliver on its shareholder return policy. 

Operating profit stood at KRW 2.54 trillion for the third quarter, down 29.2 percent from a year earlier, with an operating profit margin of 5.4 percent. Higher incentives as well as the impact of tariffs beginning to take full effect, weighed on the operating profit. Net profit, including non-controlling interests, decreased 20.5 percent to KRW 2.55 trillion.

Despite uncertainties in the global environment, including tariffs, and conditions in emerging markets, Hyundai Motor is committed to meeting the company’s 2025 guidance, which was updated during the CEO Investor Day held in September. 

José Muñoz- President and CEO of Hyundai Motor Company said,“Our Q3 results reflect both strong business fundamentals and strategic navigation of a complex global environment,”

José Muñoz

Jose added “We achieved record third-quarter revenue while growing global sales and expanding electrified vehicle sales. Operating profit was impacted by higher incentives and tariff effects that we’re managing through disciplined execution and optimized production strategies, including localizing in the U.S. We’re gaining market share in North America and Europe, our diversified powertrain strategy is resonating with customers, and our manufacturing investments are positioning us for sustained profitability. We’re increasing our quarterly dividend 25 percent because we’re confident in our trajectory and committed to delivering shareholder value while investing in growth.”

Hyundai Motor sold 1,038,353 wholesale units globally during the third quarter of 2025, a 2.6 percent increase compared with the same period last year. 

Wholesale performance outside of Korea increased by 1.9 percent to 857,795 units, driven by robust demand in North America, which recorded a 2.4 percent year-over-year rise. Strong sales of the company’s key models, including the PALISADE, TUCSON and SANTA FE SUVs as well as the ELANTRA sedan (also known as Avante in certain markets) contributed to this growth. 

Wholesales in Korea increased by 6.3 percent to 180,558 units compared with the third quarter of 2024, supported by new model launches, including the PALISADE Hybrid and IONIQ 9 SUV. 

Global sales of electrified models in the third quarter jumped 25 percent year on year to 252,343 units. The company’s hybrid models led the growth, achieving sales of 161,251 units. The rise in EV sales, particularly in the European market, also contributed to the increase. 

Hyundai Motor will continue to monitor the influence of the macroeconomic environment on its business outlook and implement operations optimization plans to navigate the challenging landscape. 

Hyundai Motor 2025 Q3 Business Results

(Revenue / Operating Profit / Net Profit unit: Billion KRW)

 2025 Q32024 Q3Y/y Change
Vehicle wholesale (Units)1,038,3531,011,8762.6%
 Korea180,558169,9016.3%
 Rest of the world857,795841,9751.9%
Revenue46,72142,9288.8%
Operating profit2,5373,581△ 29.2%
Net profit2,5483,206△ 20.5%

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