SM "Hyo-ri-soo, Taeyeon, NCT to return in second half..Active activities anticipated" [Star Issue]

*This content was translated by AI.

SM Entertainment (hereinafter referred to as SM) plans to showcase active activities in the global music market throughout the second half of the year, based on a diverse lineup of artists.

On the 5th, SM stated, "In the third quarter, Red Velvet's mini-album (released on August 3), NCT 127's full album, Minho's and WayV's mini-albums, and Girls' Generation-HRS's single will be released. In the fourth quarter, full albums by Yesung, Taeyeon, Jaehyun, and NCT DREAM, mini-albums by Choi Siwon, Xiaojun, and NCT WISH, and a single by Hearts2Hearts are scheduled for release."

Concert activities will also continue actively, centered on global stages. Starting with aespa's new global tour from the 7th to 8 at Seoul Gocheok Dome and extending to North America and Europe, concerts by Yoon-ho Jun, Super Junior-83z, Yesung, Ryeowook, NCT 127, WayV, and fan meeting tours by NCT WISH are scheduled.

On this day, SM announced through its financial results that consolidated revenue for the second quarter of 2026 reached 349.6 billion won, with an operating profit of 52.9 billion won. This represents increases of 15.4% and 11.0%, respectively, compared to the same period last year.

Separate revenue for the second quarter rose 9.2% year-on-year to 240.6 billion won, showing balanced growth with performance revenue up 27.9%, concert revenue up 23.6%, and MD/licensing revenue up 22.0%. Operating profit and net income decreased by 4.6% and 18.1%, respectively, year-on-year, to 43.8 billion won and 24.1 billion won.

These results reflect growth in concert revenue due to expanded performance scales of legacy IPs and overall improvement in management performance driven by increased revenues from major subsidiaries. The revenue structure continues to diversify through expanded concert tours by senior artists and IP-based revenue increases from advertising and event activities by affiliated artists.

In particular, global tours by various artists including TVXQ, Super Junior, EXO, aespa, and NCT WISH in the second quarter contributed to expanding performance revenue. In addition to large-scale concert MD sales, pop-up events were held in connection with NCT's 10th-anniversary commemorative pop-ups and new album releases by aespa, RIIZE, and NCT WISH, broadening engagement with fans.

Major subsidiaries also demonstrated solid performance in their respective business areas, contributing to overall growth. Dream Maker achieved significant profit growth through an increased number of domestic production events and expanded collaboration with the headquarters, while Dear You continued its upward trend due to improved profitability from subscription fee hikes and a shift to web payments.

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*This content was translated by AI.