Hyundai AutoEver posts Q3 revenue of 1.2 trillion won, up 16.2% year over year

[Financial News] Hyundai AutoEver posted preliminary results in the 1.2 trillion won range for the third quarter of this year.
Hyundai AutoEver disclosed on the 30th that it recorded revenue of 1.2247 trillion won and operating profit of 68.9 billion won in the third quarter of this year. Revenue rose 16.2% from the third quarter of 2025, while operating profit fell 2.6% from the same period last year.
Hyundai AutoEver’s results are broadly divided into two segments: Enterprise IT and Vehicle Software.
The Enterprise IT segment, comprising SI (System Integration) and ITO (IT Outsourcing), posted revenue of 1.0248 trillion won in the third quarter, up 19.7% from a year earlier. Growth continued as customers accelerated their digital transformation, including cloud and transitions to next-generation enterprise resource planning (ERP) systems.
Revenue in the Vehicle Software segment came to 199.9 billion won, up 0.8% from the same period last year. Profitability declined amid U.S. tariffs and geopolitical risks. Hyundai AutoEver plans to improve profitability through operational efficiencies and identify new business opportunities.
Overseas subsidiaries recorded broad-based revenue growth across major regions, including the Americas, Europe, India and China. This was driven by increased global IT investment by customers and growth in Connected Car Services (CCS) subscribers. 
 

[email protected] Yeon Ji-an Reporter