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LG Electronics reported preliminary second-quarter results showing record revenue of KRW 23.83 trillion and operating profit of KRW 1.58 trillion, its highest-ever second-quarter figures.
For the first half, consolidated revenue reached KRW 47.56 trillion and operating profit KRW 3.25 trillion, also record highs for the period. First-half operating profit exceeded the company's total operating profit for all of 2025.
Growth in home appliances and televisions supported second-quarter sales, helped by strong positions at the premium end of the market. Seasonal demand also boosted global air conditioner sales, while the vehicle solutions business continued to expand despite broader macroeconomic and geopolitical pressure.
Operating profit more than doubled from a year earlier and came in ahead of market expectations. LG attributed the improvement to revenue growth, expansion in higher-margin activities including its webOS platform, subscription business and online sales, and efforts to improve cost efficiency.
The result also included a one-off gain from confirmed US tariff refunds on duties previously paid for exports to the United States. Even without that non-recurring benefit, second-quarter operating profit showed strong year-on-year growth, LG said.
Core businesses
In home appliances, LG plans to pursue a dual-track strategy targeting both premium and volume segments. It also pointed to expansion in business-to-business areas such as commercial laundry systems and built-in appliances.
The company said its component operations are expanding beyond compressors and motors to include robot actuators, reflecting a broader push into industrial and commercial markets rather than household consumer products.
TV and media
In media and entertainment, year-on-year performance improved, supported by newer premium television products, including OLED evo and Micro RGB models. The division also focused on tighter cost control, inventory management and more disciplined competitive spending.
Those measures point to an effort to protect margins in a television market that remains highly competitive and sensitive to shifts in consumer demand. The webOS platform, which LG has highlighted as a source of higher-margin growth, has become an increasingly important part of the business mix.
Vehicle growth
The vehicle solutions business remained a notable contributor during the quarter. Stable growth was supported by a solid order backlog and strategic partnerships with global carmakers, as demand for premium infotainment systems rose.
The unit has become one of the company's main business-to-business operations as it seeks steadier revenue streams outside traditional consumer electronics. Profitability in the segment improved alongside revenue growth, according to LG.
Cooling demand
LG's eco solutions business, which includes heating, ventilation and air conditioning, benefited from stronger overseas demand, particularly in Europe during periods of extreme heat. The company is also responding to rising interest in heat pumps and unitary HVAC systems.
Investment in cooling systems for AI data centres is continuing, which LG sees as an emerging source of demand. That places the division at the intersection of climate-related cooling needs and data-processing infrastructure spending.
The figures are preliminary and based on K-IFRS, with fuller earnings details, including net profit, to follow later. LG said it would continue working on its cost structure across the business while pursuing profitable growth in the second half.