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Doosan Fuel Cell
Doosan Fuel Cell (336260) investor relations material
Doosan Fuel Cell Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary13 Aug, 2026
Executive summary
The company specializes in fuel cell equipment supply and long-term maintenance services, with a 2026 H1 revenue of KRW 189.1 billion and an operating loss of KRW 52.2 billion. Equipment sales accounted for 76% of revenue, and service for 24%.
The company maintains a leading market share in Korea's fuel cell sector and is expanding into SOFC technology and overseas markets.
Financial highlights
2026 H1 consolidated revenue: KRW 189.1 billion, down from KRW 454.8 billion in 2025 H1.
Operating loss: KRW 52.2 billion (2025 H1: loss of KRW 105.7 billion).
Net loss: KRW 68.8 billion (2025 H1: net loss of KRW 132.8 billion).
Gross margin: negative, with cost of sales exceeding revenue.
Cash and cash equivalents at period end: KRW 34.8 billion.
Total assets: KRW 1,336 billion; total liabilities: KRW 1,036 billion; equity: KRW 299.6 billion.
Outlook and guidance
The company is focusing on expanding exports to the US data center market and diversifying domestic business models.
Plans to ramp up SOFC stack foundry business and explore new applications, including marine and Southeast Asian markets.
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Latest events from Doosan Fuel Cell
- Q1 2026 revenue up 45% YoY, operating loss narrows, and EBITDA turns positive.336260
Q1 2026 - 2025 saw sales growth but deeper losses, with strong sales and order growth expected from 2026.336260Q4 2025
- Sales jumped 173% QoQ in 2Q24, with new H2 models and SOFC investments boosting outlook.336260Q2 2024
- Sales up 58% YoY, CHPS market share at 73%, net loss due to higher costs, strong 2025 outlook.336260Q4 2024
- Revenue fell sharply with a net loss, but CHPS orders and SOFC growth support a rebound.336260Q3 2024
- Q1 2025 sales tripled YoY to KRW 99.8B, but losses widened amid ongoing expansion.336260Q1 2025
- H1 2025 revenue was KRW 228.2bn, with narrowing losses and strategic expansion underway.336260Q2 2025
- Q3 2025 saw KRW 319B revenue, operating loss, and strong order growth expected.336260Q3 2025
Next Doosan Fuel Cell earnings date
Q3 202629 Oct, 2026
Doosan Fuel Cell
Next Doosan Fuel Cell earnings date
Q3 202629 Oct, 2026
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Eferix Drawings Google Play
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Amina0781App Store
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@theshortbearx.com
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