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Samsung Biologics (207940) investor relations material
Samsung Biologics Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 30% year-over-year revenue growth in Q2 2026, driven by full utilization of Plants 1-4 and favorable FX rates.
Operating profit rose 23% year-over-year, maintaining a robust mid-40% margin despite pre-revenue costs from Plant 5 and the US facility.
Completed a spin-off in November 2025, separating the biopharma development and commercialization business into Samsung Epice Holdings.
Expanded global production capacity to 845,000 liters after acquiring Human Genome Sciences, Inc. in the US.
Announced acquisition of Swiss-based PolyPeptide Group AG to expand peptide CDMO capabilities.
Financial highlights
Q2 2026 revenue: KRW 1,321B (+30% YoY); operating profit: KRW 586B (+23% YoY); net profit: KRW 431B.
H1 2026 revenue: KRW 2,578B (+28% YoY); operating profit: KRW 1,167B (+29% YoY); net profit: KRW 900B.
EBITDA margin improved to 52.9% in Q2 2026.
Gross margin: 53.5% for H1 2026.
Cash and cash equivalents increased to KRW 2,189B as of Q2 2026.
Outlook and guidance
FY26 revenue growth guidance maintained at +15-20% YoY, targeting the upper end.
Biopharma CDMO market expected to grow at 15.4% CAGR through 2029.
Plant 5 and US facility expected to be key growth drivers; revenue recognition from US facility to begin in Q3.
Company expanding into mRNA, ADC, and cell/gene therapy CDMO services.
Production disruptions in Q2 mitigated by rescheduling and favorable FX.
- Q1 2026 delivered record revenue and profit, with expanded U.S. capacity and strong CDMO growth.207940
Q1 2026 - 30% revenue growth in 2025, major contracts, and global expansion drive strong outlook.207940
Q4 2025 - Q3 2025 revenue up 40% YoY, operating profit up 115%, with robust growth and margin expansion.207940
Q3 2025 - Q2 revenue up 11% YoY, H1 net income KRW 699.9B, guidance raised, spin-off underway.207940
Q2 2025 - Revenue for the first nine months of 2024 was ₩3.29T, with raised growth guidance and major deals.207940
Q3 2024 - Q2 revenue up 34% YoY, H1 revenue KRW 2.10T, strong CDMO and biosimilar growth.207940
Q2 2024 - Spin-off creates SEH to manage investments, enabling SBL and SBE to pursue focused growth.207940
Investor Presentation - Q1 2025 saw record revenue, robust CDMO margins, and major global expansion initiatives.207940
Q1 2025 - Record revenue growth and major contract wins set stage for continued expansion in 2025.207940
Q4 2024
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