Hyundai Motor Company · KRX:005380
Hyundai Motor — Q3 2026 Earnings Presentation
20 slides from Hyundai Motor's earnings presentation, Oct 29, 2026
Slide 1: Hyundai Motor Company Q3 2026 Business Results
Hyundai Motor Company Q3 2026 Business Results October 29, 2026
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements In the presentation that follows and in related comments by Hyundai Motor’s management, our use of the words “expect,” “anticipate,” “project,” “estimate,” “forecast,” “objective,” “plan,” “goal,” “outlook,” “target,” “pursue” and simil
Slide 3: Table of Contents
Table of Contents Q3 Highlights P. 3 Sales Summary P. 4~9 Financial Summary P. 10~13 Appendix P. 16~19
Slide 4: Q3 Highlights
Q3 Highlights M/S ↑ 18.2% 5.9% Sustained Growth in U.S. 18%+ Global HEV Sales Mix (Wholesale) OP Growth of YoY 5.5% amid Retail sales grew YoY 3.5% despite a 1.3% decline in HEVs made up 18.2% of Q3 global sales, Industry Slowdown industry demand, driving M/S to 6.6% and sustaining Q3 U.S. HEV sales
Slide 5: Sales Summary
Sales Summary Global Wholesale / Retail Sales P. 5 Market Summary P. 6~8 Sales Analysis P. 9
Slide 6: Global Wholesale / Retail Sales
Global Wholesale / Retail Sales Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Market Demand1 Market Demand1 Wholesale Wholesale Retail Sales Retail Sales (Thousand units) -26.7% -11.7% -1.3% +3.1% +30.1% -9.9% +3.5% +18.8% 4,1454,092 -18.0% -18.3% -27.2% -27.2% 1,381 +9.5% 6,089 437 3,918 4,040 38
Slide 7: U.S. Market Summary
U.S. Sales by Type (Thousand units, Wholesale) Market Summary SUV PV CV 25.8% 22.1% Retail sales increased YoY 3.5% and QoQ 1.3% despite weaker industry demand, driven by strong HEV and 257 232 Genesis sales 77.9% 74.2% Q3 2025 Q3 2026 HEV wholesale increased YoY 18.4%, contributing to a Sales of xE
Slide 8: Europe
Europe Sales by Type (Thousand units, Wholesale) Market Summary SUV PV CV 0.7% 0.9% 23.1% 29.8% Short-term sales impact from streamlining the small ICE lineup and transitioning toward an xEV-focused portfolio 150 123 in response to market electrification (Wholesale: YoY -18.0%) → To recover sales in
Slide 9: Korea
Korea Sales by Type (Thousand units, Wholesale) Market Summary SUV PV CV 18.2% 48.2% 20.0% 38.4% Wholesale declined YoY 27.2% due to strike-related production disruptions and delayed new model 181 131 launches 33.6% 41.6% → Sales recovery expected in Q4, supported by normalized production and new mo
Slide 10: Sales Analysis
Sales Analysis Sales by Segment (Thousand units, Wholesale) Product Mix (Thousand units, Wholesale) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 SUV PV CV SUV1 659 638 607 611 571 EV HEV PHEV FCEV ICE Genesis 37 39 34 34 27 PV 327 351 326 333 306 Genesis 16 19 16 15 13 7.5% CV2 52 44 43 48 44 Total 1,038
Slide 11: Financial Summary
Financial Summary Financial Summary P. 11 Revenue & Operating Income Analysis P. 12 Status of Income P. 13
Slide 12: Financial Summary
Financial Summary (Billion KRW) Q3 2025 Q2 2026 Q3 2026 YoY QoQ Revenue 46,721 49,215 45,110 -3.4% -8.3% Automotive 36,715 36,832 33,058 -10.0% -10.2% Finance 7,189 9,504 9,190 +27.8% -3.3% Others 2,817 2,879 2,862 +1.6% -0.6% SG&A 5,747 5,885 4,645 -19.2% -21.1% Operating Income 2,537 2,851 2,677 +
Slide 13: Revenue & Operating Income Analysis
Revenue & Operating Income Analysis (Billion KRW) Revenue -1,611 (-3.4%) 46,721 +658 +1,851 45,110 -3,435 -685 25.3Q Q3 Q2 2025 2025 FX FX 환율 Volume Volume 물량 Mix Mix* Mix** Others Others 기타 '26.3Q Q3 Q2 2026 2026 Operating Income +140 (+5.5%) +1,283 2,537 +640 2,677 -1,112 OPM -565 OPM (5.4%) -106
Slide 14: Status of Income
Status of Income COGS Non-operating Income (Billion KRW) -649 -560 (-1.7%) (-71.0%) 789 229 171 240 88 530 553 COGS Others 38,437 37,788 (Ratio to Rev.) Finance (82.3%) (83.8%) … -564 Equity Income Q3 2025 Q3 2026 Q3 2025 Q3 2026 SG&A -1,102 Net Income 5,747 (-19.2%) -616 1,123 4,645 (-24.2%) 2,548
Slide 15: Thank You
Thank You
Slide 16: Q&A
Q&A
Slide 17: Appendix
Appendix Income Statement P. 17 Balance Sheet P. 18 Cash Flow Statement P. 19
Slide 18: Income Statement
Income Statement (Billion KRW) Q3 2025 Q2 2026 Q3 2026 YoY QoQ Revenue 46,721 49,215 45,110 -3.4% -8.3% Cost of Goods Sold 38,437 40,479 37,788 -1.7% -6.6% Gross Profit 8,284 8,736 7,322 -11.6% -16.2% Margin (%) 17.7% 17.8% 16.2% -1.5%p -1.6%p SG&A 5,747 5,885 4,645 -19.2% -21.1% Portion (%) 12.3% 1
Slide 19: Balance Sheet
Balance Sheet (Billion KRW) 2025 Q3 2026 Diff. % change Asset 368,845 365,409 -3,436 -0.9% Current Asset(a) 120,777 117,413 -3,364 -2.8% Liabilities(b) 241,197 236,614 -4,583 -1.9% Current Liability(c) 88,579 86,075 -2,504 -2.8% Debt(d) 175,390 172,647 -2,743 -1.6% Provision 12,185 10,812 -1,373 -11
Slide 20: Cash Flow Statement
Cash Flow Statement (Billion KRW) Q3 2025 Q4 Q1 2026 Q2 Q3 Beginning of 17,520 17,861 18,361 18,977 20,256 Period Net Income 2,548 1,184 2,585 2,888 1,932 Depreciation 1,295 1,264 1,313 1,219 1,330 & Amortization Acquisition of -1,689 -2,821 -2,521 -1,483 -1,184 Tangible Acquisition of -619 -1,027 -