HYBE Posts Record Quarterly Revenue as Touring Push Pays Off

by Hasan Beyaz


HYBE has reported second-quarter revenue of KRW 1.45 trillion and operating profit of KRW 170.9 billion on 28 July 2026 – the first time the company has cleared 1 trillion won in revenue or 100 billion won in operating profit within a single quarter. The jump also reverses an operating loss posted in Q1, and follows a 105.5% year-on-year revenue increase, according to the company's own earnings release.

Concert revenue alone rose 243.3% year-on-year, and HYBE has attributed most of that to a single act: BTS. The group's ARIRANG World Tour, launched in April, pushed concert income up sharply enough to carry the whole company back into profit after a quiet start to the year. ARIRANG also topped Luminate's 2026 Midyear Report for US vinyl and CD sales, and HYBE said albums from its roster made up five of the ten best-selling CDs in the US during the first half – which positions South Korea as the world's third-largest music exporter behind the US and UK.

What's more interesting than the BTS-driven bounce is how much of the rest of the roster is now pulling weight. CORTIS, one of HYBE's newer fifth-generation acts, passed five million combined sales across its first two mini albums following the single "REDRED" and follow-up GREENGREEN – numbers that suggest HYBE's bet on a new boy group launch is translating into actual commercial traction, not just industry buzz. KATSEYE, HYBE's application of idol-system training methodology to a US-based pop act, picked up three trophies at the 2026 American Music Awards and continues building a footprint that sits outside the traditional K-pop pipeline entirely. The two acts represent different experiments – one inside the genre, one adjacent to it – and both are now showing up in HYBE's bottom line rather than just its press materials.

The touring calendar backs up the idea that this isn't a one-off quarter. HYBE artists played 119 shows in the first half of the year, with more than 200 further dates scheduled before the year ends – comfortably outpacing last year's total of 279 performances across the full twelve months. ENHYPEN's world tour pushed into South America for the first time with sold-out stadium dates, while LE SSERAFIM and BOYNEXTDOOR both launched new tours in the same window. HYBE has also flagged that expanded touring should continue feeding merchandise and licensing revenue through its THE CITY projects – in other words, the live schedule isn't just a revenue line on its own, it's designed to support several others.

Weverse, meanwhile, crossed 200 artist communities after adding Philippine acts BINI and SB19, and monthly active users rose 8% quarter-on-quarter to 14.43 million – another all-time high, according to HYBE. Total payment volume and average revenue per paying user climbed 12% and 24% respectively, which suggests engagement on the platform is deepening rather than just widening.

Taken together, the quarter is confirmation that HYBE's multi-label, multi-market strategy – K-pop, Western pop, and platform monetisation running in parallel – is now generating results across all three lanes at once, not just the one everyone was watching.

Cart

×