HYBE (008832.KT) Reports Q4 Operating Income Drop

HYBE (008832.KT) reported Q4 operating income of 28.4 billion won, a 24% decline from 37.3 billion won in the same period of 2025, according to the company's financial results released February 13, 2026. The decline followed a 10% drop in revenue to 69.7 billion won, driven by lower streaming service subscription fees and reduced advertising revenue. The company attributed the results to shifting consumer preferences and a decline in live event attendance due to ongoing restrictions. Management cited a strategic pivot toward Webtoon and mobile game divisions as a contributing factor.