Kioxia reported Q2 FY2026 (July–September) revenue of ¥2.48 trillion, up 40.3% quarter over quarter, with operating profit of approximately ¥1.995 trillion, a 57.1% sequential gain that slightly exceeded the ¥1.95 trillion market consensus. The Japanese memory chipmaker attributed the surge to escalating demand for AI data storage infrastructure.
Looking ahead, Kioxia guided third-quarter operating profit to roughly ¥2 trillion, falling short of analyst expectations of ¥2.35 trillion. The company also declared an interim dividend of ¥90 per share.
Kioxia Q2 Operating Profit Hits ¥1.995 Trillion on AI Storage Demand; Q3 Guidance Misses Expectations
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
