YC (232140) Q2 2026 earnings summary

Executive summary

• Specializes in manufacturing and selling semiconductor memory test equipment, with a focus on DRAM and NAND wafer testers; also invests in startups and venture businesses.

• Operates globally with subsidiaries in Japan, the US, and Korea, and maintains a strong R&D focus with 169 registered patents.

• Major customers include leading memory manufacturers, with Samsung Electronics as a key client.

Financial highlights

• Revenue for H1 2026 was KRW 138.3 billion, down from KRW 272.6 billion in FY2025.

• Operating income for H1 2026 was KRW 19.0 billion, up from KRW 17.0 billion in H1 2025.

• Net income attributable to owners for H1 2026 was KRW 11.8 billion, compared to KRW 12.5 billion in H1 2025.

• Cash and cash equivalents at June 30, 2026, were KRW 69.8 billion, up from KRW 18.8 billion at end-2025.

• Basic EPS for H1 2026 was KRW 144, compared to KRW 239 for FY2025.

Outlook and guidance

• The semiconductor equipment market is expected to grow, driven by AI, high-performance memory, and data center demand.

• Company is focusing on next-generation memory testers and expanding into new markets, including China.

• Ongoing investments in R&D and diversification of customer base are strategic priorities.