What is HYBE's outlook for 2026?

HYBE is positively looking forward to 2026, the year when BTS will make its highly anticipated comeback to the music scene following the conclusion of each member's respective military stints.

How did BTS member Jin's solo tour impact HYBE's concert revenue?

Jin's debut solo tour, which spanned the US, Japan, England and more, particularly helped HYBE's concert revenue segment, which reached 245 billion Korean won ($175 million), a over 200% rise from the previous year.

Home / Business and Economy / HYBE Suffers $30M Loss Despite Record Quarterly Revenue

HYBE Suffers $30M Loss Despite Record Quarterly Revenue

Q: What factors contributed to HYBE's operating loss in Q4 2025?

HYBE suffered a $30 million operating loss in Q4 2025 due to higher income taxes and a decline in the company's recorded music business, which saw an 11.5% drop from the previous year due to fewer new album releases.

11 Nov

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Summary

HYBE posts record quarterly revenue of $518.6M, up 37.8% YoY
BTS member Jin's solo tour boosts concert revenue by over 200%
HYBE faces $30M operating loss due to higher taxes and fewer album releases

HYBE Suffers $30M Loss Despite Record Quarterly Revenue

In the fourth quarter of 2025, HYBE, the South Korean entertainment company behind the global K-pop sensation BTS, reported its highest-ever quarterly revenue of 727.2 billion Korean won ($518.6 million), a 37.8% increase from the same period a year earlier. The company's consolidated sales reached 2 trillion Korean won ($1.37 billion) during the quarter, with artist-related revenue, including music sales, world tours, live events, and advertisements, accounting for 66% of the total.

Despite the record-breaking revenue, HYBE faced an operating loss of 42.2 billion Korean won (negative $30 million) in the quarter. This was attributed to higher income taxes and a decline in the company's recorded music business, which saw an 11.5% drop from the previous year due to fewer new album releases. Additionally, the expansion of HYBE's global intellectual property (IP) and its North American operations restructuring resulted in a 12-percentage-point decline in operating margin.