StocksMedium•2 November 2026•
1 min read
POSCO Future M Q3 Operating Profit Jumps 23.2% on Battery Materials Recovery
Key Facts
1POSCO Future M reported a Q3 operating profit of 82.1 billion won, a 23.2% increase year-on-year.
2Operating profit in the battery materials segment surged 1,972% quarter-on-quarter driven by improved cathode material performance.
POSCO Future M reported a Q3 2026 operating profit of 82.1 billion won, marking a 23.2% increase compared to the same period last year. Money Today reported that the battery materials segment saw operating profit surge by 1,972% quarter-on-quarter, driven by a recovery in cathode material performance and expanded sales volumes for anode materials.
Shares of PKX, representing parent company POSCO Holdings Inc., closed at $49.67 on October 30, 2026, ahead of the results which showed consolidated revenue of 834.8 billion won. Improved selling prices and customer compensation supported cathode margins, while the basic materials division contributed 30.3 billion won in operating profit, up 25.2% from the previous quarter.