POSCO HOLDINGS INC. reported provisional third-quarter earnings for the period ending September 2026, showing a significant decline in net income compared to the prior year despite top-line growth. Revenue increased 13.2% year-over-year to 9.96 trillion KRW (approximately $7.4 billion USD), up from 8.80 trillion KRW in Q3 2025, driven by a 5.8% sequential rise from the second quarter. Operating profit reached 460 billion KRW, down 22.1% from the 580 billion KRW reported in Q3 2025, while profit before income tax fell sharply to 60 billion KRW from 550 billion KRW a year earlier. Net profit was recorded at 10 billion KRW, a steep drop from 420 billion KRW in the same quarter last year. The company noted that these figures are prepared on a separate basis under K-IFRS and remain subject to change pending final auditor review. POSCO Holdings is a global steel manufacturer and one of the world's largest integrated steel producers.
