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Hyundai Motor Company announced its highest-ever quarterly revenue of KRW 49.22 trillion for Q2 2026, a 1.9% increase from the same period last year. Growth was driven by strong hybrid vehicle sales and expansion in North America. However, operating profit fell 20.8% to KRW 2.85 trillion due to production constraints from supplier disruptions, higher raw material costs, and increased global competition. Net profit also declined by 11.2% to KRW 2.89 trillion, reflecting broader financial pressures despite revenue growth.

Global wholesale volume for Hyundai Motor decreased by 6.9% year-on-year to 991,885 units in Q2 2026. Domestic sales in Korea dropped 16.4% to 157,647 units, primarily due to production delays linked to suppliers. International sales fell 4.9% to 834,238 units, though the U.S. market showed resilience with a 0.9% increase in wholesale volume to 264,587 units, maintaining a 6% market share for the fifth consecutive quarter.

Hybrid Electric Vehicle (HEV) sales led electrified model growth, reaching a record 187,661 units and accounting for 18.9% of total global sales—the highest quarterly share on record. Overall electrified vehicle sales, including HEVs, EVs, PHEVs, and FCEVs, rose 1.7% to 266,627 units, with EVs contributing 69,366 units supported by strong European performance. Electrified vehicles represented 26.9% of total global sales, underscoring Hyundai’s leadership in electrification and its diversified powertrain strategy.

Hyundai maintained its quarterly dividend at KRW 2,500 per common share, reaffirming its commitment to shareholder returns. Despite industry challenges, the company reiterated its 2026 guidance, targeting revenue growth of 1–2%, an operating profit margin of 6.3–7.3%, and wholesale sales of 4.16 million units. Growth is expected through new model launches, including the GRANDEUR with hybrid options, a refreshed ELANTRA, and the IONIQ 3 in Europe and other regions, as Hyundai adapts to market demand and geopolitical uncertainties.