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In the third quarter of 2024, Samsung's operating profit amounted to around 10.44 billion South Koran won, a sharp decrease compared to the previous quarter.

Samsung

Samsung ranks among the largest companies in the world in terms of market value and is perhaps best known for its various lines of successful consumer electronics products. The company’s biggest segment is its mobile communications business which primarily focuses on smartphone products such as the new Samsung Galaxy Fold. In addition to its own Samsung-branded products, the company also serves as the display manufacturer for many other devices in the consumer electronics market. The company employs hundreds of thousands of workers and accounts for a significant portion of South Korea’s GDP, meaning that Samsung is massively influential within both its home country and throughout the world.

Samsung Electronics' quarterly operating profit from 2009 to 2024 (in trillion South Korean won)

Characteristic	Operating profit in trillion South Korean won
Q3 '24	10.44
Q2 '24	0.67
Q1 '24	6.61
Q4 '23	2.82
Q3 '23	2.43
Q2 '23	0.67
Q1 '23	0.64
Q4 '22	4.31
Q3 '22	10.85
Q2 '22	14.1
Q1 '22	14.12
Q4 '21	13.87
Q3 '21	15.82
Q2 '21	12.57
Q1 '21	9.38
Q4 '20	9.05
Q3 '20	12.35
Q2 '20	8.15
Q1 '20	6.45
Q4 '19	7.16
Q3 '19	7.78
Q2 '19	6.6
Q1 '19	6.23
Q4 '18	10.8
Q3 '18	17.57
Q2 '18	14.87
Q1 '18	15.64
Q4 '17	15.15
Q3 '17	14.53
Q2 '17	14.07
Q1 '17	9.9
Q4 '16	9.22
Q3 '16	5.2
Q2 '16	8.14
Q1 '16	6.68
Q4 '15	6.14
Q3 '15	7.39
Q2 '15	6.9
Q1 '15	5.98
Q4 '14	5.29
Q3 '14	4.06
Q2 '14	7.2
Q1 '14	8.5
Q4 '13	8.3
Q3 '13	10.2
Q2 '13	9.5
Q1 '13	8.8
Q4 '12	8.8
Q3 '12	8.1
Q2 '12	6.5
Q1 '12	5.7
Q4 '11	4.7
Q3 '11	4.3
Q2 '11	3.8
Q1 '11	2.8
Q4 '10	3
Q3 '10	4.9
Q2 '10	5
Q1 '10	4.4
Q4 '09	3.4
Q3 '09	4.2
Q2 '09	2.7
Q1 '09	0.6

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Release date

October 2024

More information

Region

Worldwide

Survey time period

2009 to 2024

Supplementary notes

The source adds the following information: "Income tax for 4Q22 and 2022 decreased due to a decline in previously deferred Income liabilities related to subsidiary dividends".

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