Sk Telecom Co., Ltd. · KRX:017670
Sk Telecom — Q1 2026 Earnings Presentation
12 slides from Sk Telecom's earnings presentation, May 7, 2026
Slide 1: Investor Briefing: Earnings for Q1 2026
Investor Briefing Earnings for Q1 2026 2026. 5. 7.
Slide 2: Disclaimer
Disclaimer This presentation contains forward -looking statements with respect to the financial condition, results of operations, and business of SK Telecom (the “Company”, or “SKT”) and its subsidiaries, and plans and objectives of the management of the Company. The forward -looking statements are
Slide 3: Financial Results: Key Results
1. Financial Results ㅣ Key Results ■ Consolidated revenue of KRW 4.39tn, down 1.4% YoY ■ 초고속 인터넷 가입자 순증 및 Giga 가입자 비중 증가로 유선 통신 매출 YoY 2.2% 증가 - SKT revenue declined due to a drop in MNO revenue, but SKB ■ 미디어 가입자revenue 규모 grew 축소로3.2% thanks to 유료방송 매출DC YoY business 1.3%growth 감소 ■ Consolidated o
Slide 4: Business Highlights: Mobile
2. Business Business Highlights Highlights ㅣ Mobile ■ Mobile Service revenue fell 3.0% YoY due to a decrease in subscribers ■ 5G subscriber growth maintained with a rebound in 5G M/S (KRW bn) 1Q26 1Q25 YoY 4Q25 QoQ Mobile Service revenue 2,581.3 2,661.5 △3.0% 2,537.5 1.7% - Marketing expense 740.8 6
Slide 5: Business Highlights: Fixed
2. Business Business Highlights Highlights ㅣ Fixed ■ Fixed line revenue rose 2.2% YoY driven by broadband subscriber net add and an increase in the share of Giga subscribers ■ A slight decline in Pay TV and Enterprise revenue (KRW bn) 1Q26 1Q25 YoY 4Q25 QoQ Fixed line 295.4 289.1 2.2 % 295.7 △0.1% P
Slide 6: Business Highlights: AI
2. Business Business Highlights Highlights ㅣ AI ■ AI DC revenue grew 89.3% YoY on the back of higher utilization of new DCs and revenue contribution from GPUaaS ■ AI B2B/B2C revenue decreased, driven by a decline in revenue from Cloud business (KRW bn) 1Q26 1Q25 YoY 4Q25 QoQ AI DC 131.4 69.4 89.3% 1
Slide 7: Shareholder Return
3. Shareholder Business Return Highlights ㅣ DPS for Q1 2026: KRW 830 ㅣ Dividend Trend 2024 2025 2026 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total 1Q Total Dividend(KRW bn)1) 176.7 176.7 176.7 223.5 753.6 176.8 176.8 - - 353.6 176.8 DPS (KRW) 830 830 830 1,050 3,540 830 830 - - 1,660 830 Dividend Yield2) 1.6%
Slide 8: Appendix
Appendix
Slide 9: Financial Statements – Consolidated
Appendix Business Highlights ㅣ Financial Statements – Consolidated ㅣ Consolidated Income Statement ㅣ Consolidated Balance Sheet (KRW bn) FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 (KRW bn) 12 -31-24 3-31-25 6-30 -25 9-30 -25 12 -31-25 3-31-26 Operating revenue 17,940.6 4,453.7 4,338.8 3,978.1 4,328.7 17
Slide 10: Financial Statements – SKT
Appendix Business Highlights ㅣ Financial Statements – SKT ㅣ SKT Income Statement (Non -consolidated) ㅣ SKT Balance Sheet (Non -consolidated) (KRW bn) FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 (KRW bn) 12 -31-24 3-31-25 6-30 -25 9-30 -25 12 -31-25 3-31-26 Operating revenue 12,774.1 3,167.5 3,135.1 2,664
Slide 11: Financial Statements – SKB
Appendix Business Highlights ㅣ Financial Statements – SKB ㅣ SKB Income Statement ㅣSKB Balance Sheet (KRW bn) FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 (KRW bn) 12 -31-24 3-31-25 6-30 -25 9-30 -25 12 -31-25 3-31-26 Operating revenue 4,411.1 1,113.6 1,119.7 1,142.6 1,157.3 4,533.2 1,149.8 Total assets 6,
Slide 12: Operating Data: Subscribers
Appendix Business Highlights ㅣ Operating Data ㅣ Subscribers 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 YoY QoQ SKT (thousands) MNO Subscribers 1) 31,276 31,662 31,710 31,762 31,786 31,885 31,006 31,082 30,853 30,976 △2.9% 0.4% (Net adds) 107 387 47 52 24 98 (879) 76 (229) 122 - - Handset subs