Hyundai Motor Company · KRX:005380
Hyundai Motor — Q2 2026 Earnings Presentation
20 slides from Hyundai Motor's earnings presentation, Jul 23, 2026
Slide 1: Hyundai Motor Company Q2 2026 Business Results
Hyundai Motor Company Q2 2026 Business Results July 23, 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 Q2 Highlights P. 3 Sales Summary P. 4~9 Financial Summary P. 10~13 Appendix P. 16~19
Slide 4: Q2 Highlights
Q2 Highlights M/S ↑ 18.9% KRW 49T Continued Growth in U.S. Market Share Highest HEV Sales Portion (Wholesale) Record-high Quarterly Revenue Despite soft U.S. industry demand growth, Sales of HEVs made up 18.9% of Q2 global sales Achieved record-high quarterly revenue amid US market share grew +0.2%p
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 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Market Demand1 Market Demand1 Wholesale Wholesale Retail Sales Retail Sales (Thousand units) -25.1% +2.9% -0.1% +0.5% +25.6% +0.9% +4.1% -10.9% -7.2% +7.4% 4,2174,238 4,276 4,400 440 440 -16.4% -16.4% 1,291 +5.4% 5,730 1
Slide 7: U.S. Market Summary
U.S. Sales by Type (Thousand units, Wholesale) Market Summary 27.1% 24.9% Despite soft industry demand (+0.5% YoY), wholesale increased 0.9% YoY, maintaining a 6%+ M/S 262 265 75.1% 72.9% Q2 2025 Q2 2026 Achieved a record-high HEV sales mix of 26.2% with Sales of xEV strong HEV demand driven by high
Slide 8: Europe
Europe Sales by Type (Thousand units, Wholesale) Market Summary 1.0% 0.7% 25.1% 33.2% Wholesale volume declined 10.9% YoY due to intensified competition, growing geopolitical 161 144 uncertainty and timing of major new model launches in 2H (IONIQ 3 and Tucson scheduled for launch in 2H) 65.8% 74.2%
Slide 9: Korea
Korea Sales by Type (Thousand units, Wholesale) Market Summary 17.4% 47.2% 17.4% 42.9% Wholesale decreased 16.4% YoY due to supply chain disruptions and with major new model launches 189 158 concentrated in 2H 35.4% 39.7% → Sales momentum is expected to recover with the full- scale launch of key mod
Slide 10: Sales Analysis
Sales Analysis Sales by Segment (Thousand units, wholesale) Product Mix (Thousand units, wholesale) Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 SUV PV CV SUV1 645 659 638 607 611 EV HEV PHEV FCEV ICE Genesis 39 37 39 34 34 PV 366 327 351 326 333 Genesis 20 16 19 16 15 7.0% CV2 55 52 44 43 48 Total 1,066
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) Q2 2025 Q1 2026 Q2 2026 전년 대비 전분기 대비 Revenue 48,287 45,939 49,215 +1.9% +7.1% Automotive 37,609 34,539 36,832 -2.1% +6.6% Finance 8,214 8,991 9,504 +15.7% +5.7% Others 2,464 2,409 2,879 +16.8% +19.5% SG&A 5,508 5,502 5,885 +6.8% +7.0% Operating Income 3,602 2,515 2,85
Slide 13: Revenue & Operating Income Analysis
Revenue & Operating Income Analysis (Billion KRW) Revenue +1,531 +928 (+1.9%) (+3.4%) +2,571 48,287 +1,704 49,215 -2,246 -1,101 25.2Q Q2 Q2 2025 2025 FX FX 환율 Volume Volume 물량 Mix Mix** Others Others 기타 '26.2Q Q2 Q2 2026 2026 Operating Income -751 (-20.8%) +238 3,602 -542 +106 +17 2,851 OPM -570 (7.
Slide 14: Status of Income
Status of Income COGS Non-operating Income (Billion KRW) +1,302 +11 784 (+1.4%) 795 (+3.3%) 13 18 40,479 COGS 881 Others 39,177 (Ratio to Rev.) 785 (82.2%) Finance (81.1%) Equity Income -110 -8 Q2 2025 Q2 2026 Q2 2025 Q2 2026 SG&A Net Income +378 -362 (+6.8%) (-11.1%) 5,885 3,250 5,508 2,888 252 1,1
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) Q2 2025 Q1 2026 Q2 2026 YoY QoQ Revenue 48,287 45,939 49,215 +1.9% +7.1% Cost of Good Sold 39,177 37,922 40,479 +3.3% +6.7% Gross Profit 9,110 8,017 8,736 -4.1% +9.0% Margin (%) 18.9% 17.5% 17.8% -1.1%p +0.3%p SG&A 5,508 5,502 5,885 +6.8% +7.0% Portion (%) 11.4% 12.0%
Slide 19: Balance Sheet
Balance Sheet (Billion KRW) 2025 Q2 2026 Diff. % change Asset 368,845 394,512 25,667 +7.0% Current Asset(a) 120,777 129,046 8,269 +6.8% Liabilities(b) 241,197 259,096 17,899 +7.4% Current Liability(c) 88,579 97,136 8,557 +9.7% Debt(d) 175,390 188,805 13,415 +7.6% Provision 12,185 12,530 345 +2.8% Eq
Slide 20: Cash Flow Statement
Cash Flow Statement (Billion KRW) Q2 2025 Q3 Q4 Q1 2026 Q2 2026 Beginning 17,998 17,520 17,861 18,361 18,977 Net Income 3,250 2,548 1,184 2,585 2,888 Depreciation 1,250 1,295 1,264 1,313 1,219 & Amortization Acquisition of -1,772 -1,689 -2,821 -2,521 -1,483 Tangible Acquisition of -565 -619 -1,027 -