LG Display (LPL) swings to 2025 profit as revenue slips 3% year over year

Rhea-AI Filing Summary

LG Display Co., Ltd. reports a return to profitability for 2025 under K-IFRS consolidated results. Revenues were 25,810,081,898 (unit: KRW in thousands), down 3.0% from 2024, but operating income improved to 516,977,189 from a loss.

Income before tax rose to 501,688,887, and net income swung to a profit of 303,807,058 from a large loss in 2024, marking a significant earnings turnaround. Total assets were 26,916,700,019 and total liabilities 19,077,461,849, with shareholders’ equity of 7,839,238,170 and capital stock unchanged at 2,500,000,000. The figures remain subject to external audit review and may change.

Positive

• Profits turned positive: Net income improved from a large loss in 2024 to a profit of 303,807,058 (unit: KRW in thousands) in 2025, alongside operating income of 516,977,189, indicating a significant earnings turnaround despite only a 3.0% revenue decline.

Negative

• None.

Insights

Equity research analyst

LG Display shows a major earnings turnaround despite slightly lower revenue.

LG Display reports 2025 revenue of 25,810,081,898 (unit: KRW in thousands), down 3.0% year over year, but profitability improved sharply. Operating income moved to a 516,977,189 profit from a loss, and net income turned positive at 303,807,058.

This swing from a substantial 2024 net loss to a 2025 profit indicates stronger cost control or mix, even without top-line growth. The balance sheet shows total assets of 26,916,700,019 and equity of 7,839,238,170, suggesting a still-leveraged but supportive capital base.

The company notes these consolidated K-IFRS figures are still under external audit review and may change. Subsequent audited financial statements for the 2025 period will clarify whether this profitability level is confirmed and how any audit adjustments affect key earnings metrics.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

LG Display Co., Ltd.

(Translation of Registrant’s name into English)

LG Twin Towers, 128 Yeoui-dearo, Youngdungpo-gu,Seoul 07336, The Republic of Korea

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

Change in Revenues or Income by more than 15%

Consolidated K-IFRS Financial Data

1) Main causes for changes in sales or profits/losses amount :

Achieved an annual profitability turnaround by focusing on business structure advancement, cost structure improvement,

and operational efficiency activities.

(The fourth-quarter earnings results include one-time expenses for workforce efficiency, employee encouragement and commendation payment, and enhancing future profitability and improving operational efficiency)

Item							(Unit : KRW K)
		2025		2024		YoY Change		YoY
A. Financial Performance
Revenues		25,810,081,898		26,615,346,869		-805,264,971		-3.0%
Operating Income		516,977,189		-560,596,289		1,077,573,478		Turned to Profit
Income before Tax		501,688,887		-2,191,539,696		2,693,228,583		Turned to Profit
Net Income		303,807,058		-2,409,299,855		2,713,106,913		Turned to Profit

		2025		2024
B. Financial Position
Total Assets		26,916,700,019		32,859,565,603
Total Liabilities		19,077,461,849		24,786,759,041
Total Shareholders’ Equity		7,839,238,170		8,072,806,562
Capital Stock		2,500,000,000		2,500,000,000

2) Other references useful for making investment decisions :

1. The results above are based on K-IFRS consolidated financial statements.

2. The results above are still under review by external auditors and may be subject to change.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

LG Display Co., Ltd.
(Registrant)

Date: January 28, 2026 By: /s/ Kyu Dong Kim

(Signature)

Name: Kyu Dong Kim

Title: Vice President,

Finance & Risk Management Division

FAQ

How did LG Display (LPL) perform financially in 2025 versus 2024?

LG Display reported 2025 revenue of 25,810,081,898 (unit: KRW in thousands), down 3.0% year over year. However, net income turned to a profit of 303,807,058 from a significant loss in 2024, showing a strong earnings recovery despite slightly lower sales.

Did LG Display (LPL) return to profitability in 2025?

Yes, LG Display returned to profitability in 2025. Net income was 303,807,058 (unit: KRW in thousands), described as having turned to profit from a large net loss in 2024, supported by positive operating income of 516,977,189 for the year.

What happened to LG Display’s revenues in 2025 compared with 2024?

LG Display’s 2025 revenues were 25,810,081,898 (unit: KRW in thousands), compared with 26,615,346,869 in 2024. This represents a year-over-year decrease of 805,264,971, or 3.0%, even as profitability improved significantly over the same period.

What is LG Display’s balance sheet position based on the 2025 data?

Total assets were 26,916,700,019 and total liabilities 19,077,461,849 (unit: KRW in thousands). Shareholders’ equity stood at 7,839,238,170, with capital stock unchanged at 2,500,000,000, outlining the company’s capital structure at the 2025 reporting date.

Are LG Display’s 2025 financial results final and audited?

No, the 2025 results are not yet final. LG Display states the figures are based on consolidated K-IFRS financial statements and are still under review by external auditors, meaning they may be subject to change after completion of the audit.

What does ‘Income before Tax turned to profit’ mean for LG Display?

It means income before tax improved from a loss in 2024 to a gain in 2025. LG Display reported income before tax of 501,688,887 (unit: KRW in thousands) in 2025, described as having turned to profit compared with a significant loss the previous year.