HYBE Entertainment Group has just announced its business results for the third quarter of 2025, recording revenue of 727.2 billion won - up 37.8% over the same period last year, setting a new record in the company's history. Total accumulated revenue in the first three quarters of the year reached nearly 2 trillion won, equivalent to about 1.4 billion USD.
According to the financial report, HYBE still recorded an operating loss of 42.2 billion won (about 5.8%) due to one-time expenses related to expanding intellectual property rights and restructuring operations in North America. However, operating profit margin only decreased by about 12 percentage points, showing that growth momentum remained stable.
In terms of revenue structure, the direct performance and album segment reached 477.4 billion won, accounting for 66% of total revenue. In particular, concert revenue has tripled compared to last year, thanks to the appeal of Jin BTS' global tour with TOMORROW X TOGETHER and ENHYPEN. The album segment decreased slightly to 189.8 billion won due to the smaller number of returning artists.
In the indirect business segment, including content, licensing, and souvenirs, HYBE recorded an increase of 22% to 249.8 billion won. Sales of souvenirs and IP-based items increased by 70%, reaching 168.3 billion won.
The globalization strategy continues to bring success when the KATSEYE girl group sets many international records. The group's single "Gabriela" reached number 37 on the Billboard Hot 100, while "Gnarly" extended its 11-week stay at the top. The group also received two nominations at the 2025 Grammy Awards and reached over 33 million monthly Spotify listeners.
In addition, the Weverse platform recorded a profit for the first time in the third quarter thanks to new revenue models such as digital membership and advertising. From November 18, the platform will expand to China with the Weverse DM feature on QQ Music.
Finance Director Lee Kyung Jun said that the launch of many new groups temporarily caused profits to decline but created a premise for long-term growth. CEO Lee Jae Sang affirmed that HYBE's profit margin will remain at 10-15% and expect a comprehensive recovery from 2026.
