Sm Entertainment Co. Ltd. · KRX:041510
Sm Entertainment — Q4 2025 Earnings Presentation
10 slides from Sm Entertainment's earnings presentation, Feb 11, 2026
Slide 1: SM Entertainment Earnings Release 4Q25
SM ENTERTAINMENT EARNINGS RELEASE 4Q25 SM ENTERTAINMENT GROUP.
Slide 2: Disclaimer
The information herein is intended solely to provide guidance for our investors. The financial information included in this presentation is preliminary, unaudited and subject to revision upon completion of the Company’s closing and audit processes. The Company undertakes no obligation to update or r
Slide 3: Summary
1 Summary 1. Consolidated Business Results --------------------- 4 2. SM ENTERTAINMENT Business Results (Parent) --------------------- 5 3. Major Subsidiaries --------------------- 6 2 LINE-UP Preview 1. Music --------------------- 7 2. Concert --------------------- 8 3 APPENDIX – Summary of Financi
Slide 4: Consolidated Business Results
▪ Revenue increased by 16.6% YoY to KRW 319.0bn - Growth in concerts and MD/licensing, along with improved performance at major subsidiaries ▪ Operating Profit increased 62.2% YoY to KRW 54.6bn - Parent-level revenue growth, profitability of key subsidiaries turnaround, and DearU consolidation ▪ A t
Slide 5: SM Entertainment Business Results (Parent)
(Unit: KRW bn) 4Q25 4Q24 YoY 3Q25 QoQ ▪ Revenue increased by 12.1% YoY to KRW 202.2bn - New album decreased, while digital music sales increased Revenue 202.2 180.4 12.1% 224.5 -10.0% · New album sales 3.67mn in 4Q24 → 2.72mn in 4Q25 Physical Album/ (4Q25 NCT DREAM 6th mini ‘Beat it up’ 1.02mn, RIIZ
Slide 6: Major Subsidiaries
(Unit: KRW bn) 4Q25 4Q24 YoY 3Q25 QoQ ▪ Revenue increased by 23.8% YoY 169.1bn Revenue 1) 169.1 136.6 23.8% 146.8 15.2% SM C&C 2) 36.3 33.4 8.7% 25.4 43.0% - SM C&C, increase in advertising and subsidiary revenue SM ENT JAPAN(구, SMC) 3) 25.7 20.2 27.1% 24.4 5.4% - SM ENT JAPAN, increased artist conc
Slide 7: LINE-UP Preview: Music
Release Artist Album Type 발매일 아티스트 음반 분류 1/14 NCT WISH Mini (JPN) YESUNG Full Album (JPN) 1/19 EXO Full Album TAEYONG Full Album 2/18 RIIZE Single CD (JPN) aespa Full Album 2/10 TVXQ! Single (JPN) NCT WISH Full Album 2/20 Hearts2Hearts Single 2Q WayV Mini 2026 2/23 NCT JNJM Mini RIIZE Mini 2/25 MINH
Slide 8: LINE-UP Preview: Concert
No. of Date Country and Region Artist Title Concerts Singapore, Macao, Malaysia, Taiwan, Vietnam, 1/2~3/21 SUPER JUNIOR SUPER JUNIOR 20th Anniversary Tour ‘SUPER SHOW 10’ 12 Japan Japan, Hong Kong, Malaysia, Taiwan, Macao, 1/3~3/28 NCT WISH NCT WISH 1st CONCERT TOUR 'INTO THE WISH : Our WISH' in CIT
Slide 9: Consolidated P/L and B/S
Consolidated P/L Consolidated B/S (Unit: KRW bn) 4Q24 1Q25 2Q25 3Q25 4Q25 (Unit: KRW bn) 2023 2024 2025 Revenue 273.6 231.4 302.9 321.6 319.0 Tangible Assets 858.3 814.0 983.4 COGS 188.6 148.0 188.4 202.6 203.4 Intangible Assets 682.7 605.1 1,021.9 Gross Profit 85.0 83.4 114.5 119.0 115.6 Total Asse
Slide 10: ENTERTAINMENT
O SM ENTERTAINMENT