Led by concerts and music releases from aespa and NCT WISH, SM Entertainment revenue rose to 321.6 billion KRW ($237.3 million), up 32.8% from the prior year period, in the third quarter of 2025, the company announced Thursday. Operating profit jumped 262% to 48.2 billion KRW ($35.6 million) and net income soared 1,100% to 44.7 billion KRW ($33 million).

“In this quarter…our leading artists have continued to prove their solid capabilities while new IPs are growing rapidly and adding fresh energy to the company,” CEO Cheol-hyuk Jang said during Thursday’s earnings call. “This generational synergy further reinforces the foundation of our IP portfolio, exemplifying the virtuous cycle of a sustainable IP ecosystem that SM Entertainment aims to build.”

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