STOCK TITAN

Q1 2026 provisional results show weaker profit at POSCO Holdings (NYSE: PKX)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

POSCO HOLDINGS INC. reported provisional Q1 2026 separate financial results for its subsidiary POSCO. Revenue reached KRW 8.94 trillion, up 7.7% from Q4 2025 but slightly below Q1 2025 by 0.4%.

Operating profit fell to KRW 0.21 trillion, down 36.6% from Q4 2025 and 38.4% from Q1 2025, indicating weaker margins. Profit before income tax was KRW 0.24 trillion, up 10.6% quarter over quarter but down 14.3% year over year. Net profit came in at KRW 0.18 trillion, declining 20.9% from Q4 2025 and 18.2% from Q1 2025.

Positive

  • None.

Negative

  • Profitability weakened materially, with operating profit down 36.6% vs Q4 2025 and 38.4% vs Q1 2025, and net profit falling about 20% on both a quarterly and yearly basis.

Insights

POSCO shows stable revenue but significantly weaker profitability in Q1 2026.

POSCO HOLDINGS reports Q1 2026 provisional separate results for subsidiary POSCO with revenue of KRW 8.94 trillion, essentially flat year over year and up 7.7% versus Q4 2025. This suggests sales volumes or pricing held up reasonably well.

However, operating profit dropped to KRW 0.21 trillion, down 36.6% sequentially and 38.4% year over year, pointing to margin compression, likely from costs or pricing pressure. Net profit of KRW 0.18 trillion was also down around 20% versus both quarters.

Profit before income tax increased 10.6% from Q4 2025 to KRW 0.24 trillion but fell 14.3% year over year, so quarterly improvement does not offset the weaker annual comparison. Future disclosures in company filings may provide more detail on cost drivers and demand conditions behind these margin trends.

Revenue KRW 8.94 trillion Q1 2026, +7.7% vs Q4 2025, -0.4% vs Q1 2025
Operating profit KRW 0.21 trillion Q1 2026, -36.6% vs Q4 2025, -38.4% vs Q1 2025
Profit before income tax KRW 0.24 trillion Q1 2026, +10.6% vs Q4 2025, -14.3% vs Q1 2025
Net profit KRW 0.18 trillion Q1 2026, -20.9% vs Q4 2025, -18.2% vs Q1 2025
Provisional Earnings financial
"Provisional Earnings in Separate Financial Statements Base (Disclosure of POSCO HOLDINGS’ Subsidiary Company POSCO)"
separate financial statements financial
"Provisional Earnings in Separate Financial Statements Base (Disclosure of POSCO HOLDINGS’ Subsidiary Company POSCO)"
Profit before Income Tax financial
"Profit before Income Tax | | Amount | | | 0.24 |"
Operating Profit financial
"Operating Profit | | Amount | | | 0.21 |"
Operating profit is the amount of money a company makes from its core business activities after subtracting the costs directly related to running those activities, such as wages and supplies. It shows how efficiently a company is generating profit from its main operations, serving as a key indicator for investors to assess its financial health and profitability before considering other expenses like taxes or interest.
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

Commission File Number: 1-13368

 

 

POSCO HOLDINGS INC.

(Translation of registrant’s name into English)

 

 

POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, 06194

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 
 


Provisional Earnings in Separate Financial Statements Base

(Disclosure of POSCO HOLDINGS’ Subsidiary Company POSCO)

(In trillions of KRW)

     Q1 2026      Q4 2025      Changes over
Q4 2025
    Q1 2025      Changes over
Q1 2025
 

Revenue

   Amount      8.94        8.30        7.7     8.97        -0.4
   Yearly Amount      8.94        —         —        8.97        —   

Operating Profit

   Amount      0.21        0.34        -36.6     0.35        -38.4
   Yearly Amount      0.21        —         —        0.35        —   

Profit before Income Tax

   Amount      0.24        0.22        10.6     0.29        -14.3
   Yearly Amount      0.24        —         —        0.29        —   

Profit

   Amount      0.18        0.23        -20.9     0.22        -18.2
   Yearly Amount      0.18        —         —        0.22        —   

 

*  The above earnings information is composed based on K-IFRS (Korean International Financial Reporting Standards) and the independent auditors’ review is not finished. Therefore, the earnings information may change in the review process.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

      POSCO HOLDINGS INC.
      (Registrant)
Date: April 30, 2026     By  

/s/ Han, Young Ah

      (Signature)
      Name: Han, Young-Ah
      Title: Executive Vice President

FAQ

How much revenue did POSCO Holdings (PKX) report for Q1 2026 in this 6-K?

POSCO Holdings reported provisional Q1 2026 separate revenue for subsidiary POSCO of KRW 8.94 trillion. This was 7.7% higher than Q4 2025, but 0.4% lower than in Q1 2025, showing broadly stable topline performance year over year.

How did POSCO Holdings (PKX) Q1 2026 operating profit compare to prior periods?

Q1 2026 operating profit was KRW 0.21 trillion. This represents a 36.6% decline from Q4 2025 and a 38.4% decline from Q1 2025, indicating significantly weaker operating margins despite relatively steady revenue levels.

What were POSCO Holdings (PKX) Q1 2026 net profit results?

Net profit for Q1 2026 came to KRW 0.18 trillion. That was down 20.9% compared with Q4 2025 and 18.2% versus Q1 2025, highlighting a notable year-over-year and quarter-over-quarter deterioration in bottom-line earnings.

Did POSCO Holdings (PKX) show any profit improvement in Q1 2026 versus Q4 2025?

Profit before income tax improved sequentially, rising to KRW 0.24 trillion, up 10.6% from Q4 2025. However, this metric still declined 14.3% year over year, so quarterly improvement did not offset the weaker annual comparison.

What does the Form 6-K say about POSCO Holdings (PKX) Q1 2026 earnings trend?

The Form 6-K shows Q1 2026 revenue for POSCO of KRW 8.94 trillion, roughly flat year over year, while operating and net profit fell between 18% and 38% versus Q1 2025, signaling pressure on profitability despite stable sales.