LG Display reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2025.

• Revenues in the fourth quarter of 2025 increased by 4% to KRW 7,201 billion ($5.04 billion) from KRW 6,957 billion in the third quarter of 2025 and decreased by 8% from KRW 7,833 billion in the fourth quarter of 2024.
• Operating profit in the fourth quarter of 2025 stood at KRW 169 billion ($120 million). This compares with the operating profit of KRW 431 billion in the third quarter of 2025 and with the operating profit of KRW 83 billion in the fourth quarter of 2024.
• EBITDA in the fourth quarter of 2025 was KRW 1,162 billion ($812 million), compared with EBITDA of KRW 1,424 billion in the third quarter of 2025 and KRW 1,306 billion in the fourth quarter of 2024.
• Net loss in the fourth quarter of 2025 was KRW 351 billion ($250 million), compared with the net profit of 1 billion in the third quarter of 2025 and with the net loss of KRW 839 billion in the fourth quarter of 2024.

For 2025, LG Display achieved annual cumulative revenues of KRW 25.8 trillion ($18 billion) and operating profit of KRW 517 billion ($360 million), marking its first return to full-year profitability in four years.

After reducing its losses by approximately KRW 2 trillion in 2024 compared to 2023, the company delivered an additional performance improvement of around KRW 1 trillion in 2025. This reflects the results of LG Display’s ongoing efforts to advance its OLED-centric business structure, drive cost structure innovation, and enhance operational efficiency.

In particular, despite significant external uncertainties and heightened volatility in downstream markets, the company achieved a turnaround to operating profitability by increasing the proportion of OLED among revenues and vigorously pursuing improvements in its management fundamentals.

OLED products accounted for a record-high 61% of total revenues in 2025. The OLED revenue share has shown consistent growth, rising from 32% in 2020, to 40% in 2022, and 55% in 2024. In 2025, LG Display’s exit from the large-sized LCD business further accelerated its strategic shift from LCD to OLED.

TV panels accounted for 19% of annual revenues in 2025, while those for IT devices including monitors, laptops, and tablet PCs accounted for 37%. Panels for mobile and other devices accounted for 36% and automobile panels accounted for 8% of revenues.

In 2026, LG Display plans to leverage AX (AI transformation) to continuously enhance its technological and cost competitiveness, while further strengthening management and operational efficiency to build a stable and sustainable profit structure.

In its small- and mid-sized display business, the company aims to deliver sustained performance growth underpinned by differentiated technology leadership. In the mobile segment, it will efficiently utilize its enhanced technological and production capabilities to capture new demand, while progressing its future-readiness initiatives without disruption. In the IT segment, it will strengthen business competitiveness by continuing to reduce low-profit products and advance cost structure innovation, while serving premium customers with differentiated, technology-driven offerings.

With regard to its large-sized display business, LG Display will further expand its lineup of TV and Gaming OLED panels with enhanced differentiated value, strengthening its position in the premium market. Leveraging world-leading technology and product competitiveness, such as new OLED TV panels featuring Primary RGB Tandem 2.0 technology and a 27-inch Gaming OLED panel delivering the industry’s first 720Hz ultra-high refresh rate, the company will maximize performance through close collaboration with customers.

The company also plans to continuously maintain its competitive advantage and create customer value in its automotive display business, leveraging its market-leading position and differentiated product and technology portfolio.

“Although external uncertainties persisted in 2025, we were able to achieve a return to full-year profitability by focusing on advancing our business structure and enhancing operational efficiency,” says Sung-hyun Kim, CFO and EVP of LG Display. “This year as well, the company will continue to focus on strengthening our transformation into a technology-driven company and building a sustainable profit structure to further expand our performance.”