MUSIC BUSINESS · ·Variety Music
Hybe Reports Record Third-Quarter Revenue and Operating Profit
Hybe reported its highest-ever third-quarter revenue and operating profit in 2026, while several of its artists reached Billboard chart milestones.
Hybe reached its highest-ever third-quarter revenue and operating profit in 2026. Third-quarter revenue was 1.5257 trillion KRW (1.13 billion dollars). Third-quarter operating profit was 188.5 billion KRW (140.2 million dollars). The operating margin was 12.4 percent. Concert revenue set a quarterly record of 540.5 million dollars in the third quarter.
Katseye's third EP, Wild, rose to number 1 on the Billboard 200. Katseye's single Animal stayed on the Billboard Hot 100 for 12 consecutive weeks. Enhypen's eighth mini album, The Sin: Bliss, reached number 1 on the Billboard 200. Cortis's second EP, Greengreen, surpassed 4 million cumulative sales in September. &Team's second Korean mini album, Mark on Me, entered the Billboard 200 at number 20. Katseye sold out all 31 shows in 27 cities across Europe and North America.
Hybe established Hybe Global Label Services in October. Weverse reached 14.2 million monthly active users, close to its record in the previous quarter. New Delhi will host the first Weverse Con Festival event held outside Korea, in March 2027.
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