Hyundai AutoEver (307950.KS) Q1 2026: 12% Revenue Growth Masks 21% Profit Drop on Outsourcing Surge
Revenue and margin moved in opposite directions in Q1 2026 — accelerating SI and cloud projects lifted Hyundai AutoEver's top line to ₩935.7 billion, but surging third-party development costs absorbed nearly all the incremental revenue, compressing the operating margin below 2.3% for the first time in recent quarters.
Source: Q1 2026 Quarterly Report (27th Fiscal Year) — Filed May 2026 with DART | Consolidated Financial Statements | Unit: ₩ billions








