Samsung’s Q1 operating profit and revenue surpassed forecasts due to strong smartphone and chip sales.

Samsung Electronics Reports Strong First-Quarter Results

Photo illustration showing the Samsung Group company logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images

Samsung Electronics’ operating profit and revenue surpassed analysts’ estimates on Wednesday, driven by strong sales of its flagship Galaxy S25 smartphones as well as memory chips.

The South Korean company achieved a record quarterly revenue, which rose by 10% compared to the previous year, while its first-quarter operating profit increased by 1.5%.

Here are Samsung’s first-quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts known for their accuracy:

• Revenue: 79.1 trillion Korean won vs. 78.1 trillion Korean won
• Operating profit: 6.7 trillion Korean won vs. 6.4 trillion Korean won

First-quarter revenue slightly exceeded Samsung’s forecast of 79 trillion won, and operating profit also exceeded the company’s projection of 6.6 trillion Korean won.

Samsung remains a prominent manufacturer of memory chips, utilized in various devices such as laptops and servers, and ranks as the world’s second-largest smartphone maker.

The company acknowledged macroeconomic uncertainties due to trade tensions and a slowdown in global growth but anticipates improved performance in the second half of the year, “assuming that the uncertainties are diminished.”

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