POSCO Holdings Inc. filed a Form 6-K with the U.S. Securities and Exchange Commission on November 2, 2026, disclosing provisional consolidated earnings results for the third quarter ended September 2026.

Key Highlights

  • Q3 2026 consolidated revenue: KRW 19.14 trillion, up 10.9% year-over-year and down 0.6% from Q2 2026, according to the filing.
  • Q3 2026 consolidated operating profit: KRW 0.94 trillion, up 15.3% from Q2 2026 and up 47.9% from Q3 2025, as reported.
  • Q3 2026 consolidated net profit: KRW 0.38 trillion, down 50.1% from Q2 2026 and down 1.8% from Q3 2025.
  • Profit attributable to owners of the controlling company: KRW 0.24 trillion in Q3 2026, down 64.7% from Q2 2026 and down 42.6% from Q3 2025.
  • Nine-month cumulative revenue: KRW 56.28 trillion, up 7.7% from the same period in 2025, per the filing.
  • LFP cathode business launch: The filing discloses long-term supply agreements with Samsung SDI (KRW 6 trillion, 6 years) and SK On (KRW 1.1 trillion, 3+2 years) for LFP cathodes and related materials.
  • POSCO Argentina Phase 2 completion: The filing states Phase 2 of the Argentina lithium project was completed on October 6, 2026, bringing combined capacity to 50Ktpa.

POSCO Holdings Q3 2026 Earnings: Steel Recovery and Strategic Expansion

According to the Form 6-K filed by POSCO Holdings Inc. (NYSE:PKX) for the month of November 2026, provisional consolidated earnings for Q3 2026 showed operating profit of KRW 0.94 trillion, driven primarily by improved steel segment performance. The filing attributes the quarter-over-quarter increase in consolidated operating profit to "improved steel profitability," noting a 15% rise from Q2 2026 and a 48% rise year-over-year. The steel segment reported Q3 2026 operating profit of KRW 566 billion, compared to KRW 403 billion in Q2 2026 and KRW 656 billion in Q3 2025.

At the POSCO separate (parent) level, the filing reports Q3 2026 operating profit of KRW 455 billion, up from KRW 274 billion in Q2 2026, with an operating margin improving to 4.6%. The filing attributes this to higher selling prices, with carbon steel selling price rising from KRW 962,000 per tonne in Q2 2026 to KRW 982,000 per tonne in Q3 2026, partially offset by a raw materials cost index increase from 100 to 104.4. The nine-month cumulative CAPEX administered was reported as KRW 5.4 trillion on a consolidated basis and KRW 0.2 trillion on a separate basis.

The filing also discloses several strategic activities during the quarter. POSCO INTERNATIONAL acquired 100% shares in Chord's shale gas assets in the Marcellus Basin, Pennsylvania, for USD 550 million, described as equivalent to 1.3 trillion cubic feet of total gas reserves. POSCO committed KRW 480 billion for a new 450Ktpa automotive galvanizing line in Gwangyang, scheduled for completion in 2028. The filing notes that earnings information "is subject to change during the review process" as the independent auditors' review had not been finalized at the time of filing.

What Was Disclosed

POSCO Holdings filed provisional Q3 2026 consolidated financial results showing revenue of KRW 19.14 trillion and operating profit of KRW 0.94 trillion, alongside disclosures of major capital transactions and new long-term supply agreements in the battery materials segment.