Hyundai Motor Company achieved its highest-ever third-quarter revenue in 2025, reaching KRW 46.72 trillion, an 8.8 per cent increase year-over-year.
Hyundai Motor successfully navigated a complex global environment in the July-September period, posting record third-quarter revenue of KRW 46.72 trillion. This sustained revenue growth was primarily fueled by robust sales in key markets, particularly the U.S. and Europe, and favorable foreign exchange rates.
Global wholesale units increased by 2.6 per cent year-on-year to $1,038,353 units. Performance outside of Korea rose by 1.9 per cent, led by a 2.4 per cent rise in North America. Wholesales in Korea also saw a 6.3 per cent increase, supported by new model launches such as the PALISADE Hybrid and the IONIQ 9 SUV. Strong sales of key SUV models like the PALISADE, TUCSON, and SANTA FE, along with the ELANTRA sedan, contributed significantly to this overall growth.
Electrified Models Lead Volume Growth
The company’s diversified powertrain strategy is paying dividends, with global sales of electrified models jumping 25 percent year-on-year to $252,343 units.
- Hybrids (HEV): Hyundai’s hybrid models led the charge, securing $161,251 units in sales.
- Electric Vehicles (EVs): Higher EV sales, particularly in the European market, also contributed to the overall surge in electrified unit volume.
Operating Profit Impacted by Tariffs and Incentives
Despite the record revenue, operating profit for Q3 2025 stood at KRW 2.54 trillion, representing a significant 29.2 per cent from the same period last year. The operating profit margin settled at 5.4 per cent.
Management attributed the drop to two main factors: higher incentives and the full impact of tariffs beginning to weigh on profits. Net profit, including non-controlling interests, decreased 20.5 per cent to KRW 2.55 trillion.
José Muñoz, President and CEO of Hyundai Motor Company, stated that the company is managing these impacts through “disciplined execution and optimized production strategies, including localizing in the U.S.”.
Confidence in Trajectory and Shareholder Value
Despite macroeconomic uncertainties, Hyundai Motor remains committed to meeting its 2025 guidance. The company signaled its confidence in its trajectory by announcing a quarterly dividend of KRW 2,500 per share, a 25% increase from the same period last year. The company stressed its continued commitment to delivering shareholder value while investing in growth.
