Kt Corporation · KRX:030200

Kt — Q1 2026 Earnings Presentation

19 slides from Kt's earnings presentation, May 12, 2026

  1. Slide 1: 1Q26 Earnings Release

    KT 1Q26 Earnings Release 2026. 05. | Investor Relations

  2. Slide 2: Disclaimer

    Disclaimer This presentation has been prepared by KT Corp.(the “Company”) in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to c

  3. Slide 3: Contents

    Contents 1 1Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix

  4. Slide 4: 1Q26 Highlights

    1-1 1Q26 Highlights Financials OP declined due to high base effect from prior-year real estate project* (Unit: KRW) Cons. Revenue 6,778.4bn (YoY -1.0%) Sep. Revenue 4,834.6bn (YoY +3.3%) Operating Operating Profit 482.7 bn (YoY -29.9%) Profit 313.9bn (YoY -21.5%) * Gwangjin-gu Lotte Eastpole Apartme

  5. Slide 5: Contents

    Contents 1 1Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix

  6. Slide 6: Consolidated Income Statement

    K-IFRS / Consolidated 1 Income Statement • Revenue -1.0% YoY due to slower growth of wireless biz. and base effect of real-estate project • OP -29.9% YoY due to base effect of real-estate project in 2025 and increased costs (Unit: KRW bn) 1Q25 4Q25 1Q26 QoQ YoY Operating Revenue 6,845.1 6,845.0 6,77

  7. Slide 7: Consolidated Operating Expenses

    K-IFRS / Consolidated 2 Operating Expenses • Operating expenses +2.3% YoY impacted by higher selling expense and labor cost, despite lower depreciation expense (Unit: KRW bn) 1Q25 4Q25 1Q26 QoQ YoY Operating Expenses 6,156.3 6,617.7 6,295.7 -4.9% 2.3% Labor Cost 1,121.8 1,184.0 1,173.9 -0.9% 4.6% Ge

  8. Slide 8: Consolidated Balance Sheet

    K-IFRS / Consolidated 3 Balance Sheet • Net debt-to-equity ratio -3.9%p followed by lower borrowings (Unit: KRW bn) Mar. 31, 2025 Dec. 31, 2025 Mar. 31, 2026 QoQ YoY Assets 42,185.6 42,948.6 43,510.0 1.3% 3.1% Cash & Cash equivalents 3,133.0 3,507.0 2,860.1 -18.4% -8.7% Liabilities 23,847.3 23,490.6

  9. Slide 9: Separate and major subsidiaries CAPEX

    K-IFRS / Separate and major subsidiaries 4 CAPEX • 1Q26 Total CAPEX Execution : KRW 304.2bn(KT Separate), KRW 59.5bn(Major Subsidiaries) (Unit: KRW bn) 3,319 3,124 2,940 907 824 796 ■ Major Subsidiaries’ CAPEX Includes Finance, Media, DC/Cloud, 2,412 Real Estate, etc. 2,300 2,144 364 59 ■ KT Separat

  10. Slide 10: Contents

    Contents 1 1Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix

  11. Slide 11: Separate KT - Wireless

    K-IFRS / Separate 1 KT - Wireless • Wireless service revenue +0.4% YoY with subscriber trends returning to net additions following the early termination fee waiver period (5G penetration 82.7%) • Enhancing profitability through personalized AX and stronger digital distribution channels (Unit: KRW bn

  12. Slide 12: Separate KT - Fixed Line

    K-IFRS / Separate 2 KT - Fixed Line • Broadband rev up +1.8% YoY, due to increase in GiGA subscribers and value-added services • Media rev. up +1.3% YoY, backed by IPTV net adds and higher uptake of premium plans (Unit: KRW bn) 1Q25 4Q25 1Q26 QoQ YoY Fixed Line 1,311.7 1,333.0 1,321.6 -0.9% 0.8% Bro

  13. Slide 13: Separate KT - B2B Services

    K-IFRS / Separate 3 KT - B2B Services • B2B revenue -2.2% YoY due to ongoing streamlining of low-margin businesses and completion of large-scale DC Design&Build project (Unit: KRW bn) 1Q25 4Q25 1Q26 QoQ YoY B2B Service 892.2 858.6 872.4 1.6% -2.2% Corp. Broadband/Data Revenue Revenue of AI/IT (Unit:

  14. Slide 14: Consolidated Major Subsidiaries

    K-IFRS / Consolidated(each subsidiary) 4 Major Subsidiaries • kt cloud rev. remained flat YoY, as public sector orders and higher occupancy at Gasan DC offset lower DC Design & Build revenue • kt estate rev. +72.9% YoY supported by growth in hotel business and new development* project * Daejeon HR C

  15. Slide 15: Contents

    Contents 1 1Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix

  16. Slide 16: K-IFRS Income Statement

    1 K-IFRS Income Statement (Unit: KRW bn) Consolidated 1Q25 2Q25 3Q25 4Q25 1Q26 KT Separate 1Q25 2Q25 3Q25 4Q25 1Q26 Operating revenue 6,845.1 7,427.4 7,126.7 6,845.0 6.778.4 Operating revenue 4,682.0 4,772.8 5,109.0 4,760.2 4,834.6 Service revenue 5,700.4 5,817.8 5,920.8 5,949.4 5.733.4 Service reve

  17. Slide 17: K-IFRS Balance Sheet

    2 K-IFRS Balance Sheet (Unit: KRW bn) Consolidated 1Q25 2Q25 3Q25 4Q25 1Q26 KT Separate 1Q25 2Q25 3Q25 4Q25 1Q26 Assets 42,185.6 42,193.3 43,012.8 42,948.6 43,510.0 Assets 29,041.0 29,008.7 29,049.2 29,677.6 30,116.3 Current assets 14,458.5 14,385.4 15,123.6 13,977.5 14,527.1 Current assets 7,016.3

  18. Slide 18: Separate Subscribers

    K-IFRS / Separate 3 Subscribers (Unit: Thousands) Wireless Subscribers 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 QoQ YoY Total 26,445 27,491 28,328 28,985 29,162 0.6% 10.3% - MNO 19,186 19,842 20,271 20,618 20,413 -1.0% 6.4% - MVNO 7,259 7,649 8,057 8,368 8,749 4.6% 20.5% 1) 5G Handset 10,552 10,866 11,048 11,1

  19. Slide 19: Slide 19

KT — Q1 2026 Earnings Presentation on 6ix