STOCK TITAN

SK Telecom posts sharp QoQ declines in 2Q25; revenue modestly down

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Form 6-K — SK Telecom Co., Ltd. (SKM) Preliminary consolidated and separate 2Q2025 results provided on August 6, 2025 (unit: 100 millions of Won). Results are preliminary and subject to external audit.

  • Consolidated 2Q25 (quarterly): Operating revenue 43,388; Operating income 3,383 (down 40.38% QoQ); Profit before tax 2,404 (down 52.67% QoQ); Profit for the period 832 (down 76.98% QoQ).
  • Consolidated YTD: Operating revenue 87,925; Operating income 9,056; Profit before tax 7,483; Profit for the period 4,448.
  • Separate 2Q25 (quarterly): Operating revenue 31,351; Operating income 2,509 (down 47.99% QoQ); Profit for the period 369 (down 92.23% QoQ). YTD separate operating revenue 63,026.

Data source: SK Telecom IR; figures are preliminary and may change after audit. For full materials see the company's IR website.

Positive

  • None.

Negative

  • Consolidated operating income fell 40.38% QoQ in 2Q25 (to 3,383; unit: 100M Won).
  • Consolidated profit before tax declined 52.67% QoQ in 2Q25 (to 2,404; unit: 100M Won).
  • Consolidated profit for the period dropped 76.98% QoQ in 2Q25 (to 832; unit: 100M Won).
  • Separate (parent) profit for the period fell 92.23% QoQ in 2Q25 (to 369; unit: 100M Won).
  • All figures are preliminary and subject to audit, adding uncertainty to the reported declines.

Insights

TL;DR: Preliminary 2Q25 shows large QoQ declines in operating income and profit, signaling a materially negative quarter versus Q1 2025.

The filing provides consolidated and separate preliminary results showing significant QoQ reductions: consolidated operating income fell 40.38% QoQ and profit for the period fell 76.98% QoQ. These are material declines in profitability relative to the prior quarter and prior-year quarter. Results are explicitly preliminary and subject to audit; therefore final audited figures may differ.

TL;DR: Preliminary figures indicate elevated downside risk to near-term earnings visibility, but data remain unaudited.

The report documents steep QoQ drops in key earnings metrics on both consolidated and separate bases (notably consolidated profit before tax down 52.67% QoQ). The company notes the figures are preliminary and may be revised following external audit, which introduces reporting uncertainty for investors until audited results are released.

 
 

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

OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF AUGUST 2025

Commission File Number: 333-04906

 

 

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

 

 

65, Euljiro, Jung-gu

Seoul 04539, Korea

(Address of principal executive office)

 

 

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 ☐

 

 
 


Preliminary Results of Operations

 The preliminary results shown below may differ from the final results.

1. Basis: Consolidated

 

Classification

(unit : in 100 millions of Won, %)

   Current Period
(Second quarter
of 2025)
     Previous Period
(First quarter
of 2025)
     Changes
(%)
    Year to Year
Comparison
(Second quarter
of 2024)
     Changes
(%)
 

Operating Revenue

   Quarterly Results      43,388        44,537        (2.58     44,224        (1.89
  

Year-to-date

(“YTD”) Results

     87,925        44,537        —        88,970        (1.17

Operating Income

   Quarterly Results      3,383        5,674        (40.38     5,375        (37.07
   YTD Results      9,056        5,674        —        10,360        (12.58

Profit from Continuing Operations Before Income Tax

   Quarterly Results      2,404        5,079        (52.67     4,782        (49.73
   YTD Results      7,483        5,079        —        9,189        (18.57

Profit for the Period

   Quarterly Results      832        3,616        (76.98     3,502        (76.23
   YTD Results      4,448        3,616        —        7,121        (37.54

Attributable To: Controlling Interests

   Quarterly Results      896        3,644        (75.40     3,374        (73.43
   YTD Results      4,541        3,644        —        6,904        (34.23


2. Basis: Separate

 

Classification

(unit : in 100 millions of Won, %)

   Current Period
(Second quarter
of 2025)
     Previous Period
(First quarter
of 2025)
     Changes
(%)
    Year to Year
Comparison
(Second quarter
of 2024)
     Changes
(%)
 

Operating Revenue

   Quarterly Results      31,351        31,675        (1.02     31,915        (1.77
   YTD Results      63,026        31,675        —        63,802        (1.22

Operating Income

   Quarterly Results      2,509        4,824        (47.99     4,504        (44.30
   YTD Results      7,333        4,824        —        8,868        (17.32

Profit Before Income Tax

   Quarterly Results      1,950        6,010        (67.55     3,859        (49.46
   YTD Results      7,960        6,010        —        9,525        (16.43

Profit for the Period

   Quarterly Results      369        4,746        (92.23     2,803        (86.84
   YTD Results      5,115        4,746        —        7,724        (33.78

 

3. Source of Data    Data Provider    IR, SK Telecom
   Provided for    Analysts and Investors
   Date of Provision    August 6, 2025 / 2:00 p.m. (Seoul time)
   Location    2025 2Q Earnings Results Conference Call
   Organizing Team   

IR, SK Telecom

(+82-2-6100-2114)

4. Other Important Matters Relating to an Investment Decision   

-   The preliminary results set forth in this report have been prepared on a consolidated basis and separate basis in accordance with International Financial Reporting Standards as adopted in Korea and may be subject to change based on the results of the audit by the Company’s external auditor.

 

-   For further relevant materials, please refer to the Company’s IR website at:

 

https://www.sktelecom.com/en/investor/lib/announce.do


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.

 

SK TELECOM CO., LTD.

(Registrant)

By: /s/ Hee Jun Chung

(Signature)

Name: Hee Jun Chung

Title:  Vice President

Date: August 6, 2025

FAQ

What preliminary 2Q25 consolidated operating revenue did SK Telecom (SKM) report?

SK Telecom reported consolidated operating revenue of 43,388 (unit: 100 millions of Won) for 2Q2025.

How much did consolidated profit for the period change QoQ in 2Q25 for SKM?

Consolidated profit for the period decreased by 76.98% QoQ to 832 (unit: 100 millions of Won).

Are the 2Q25 results final for SK Telecom?

No. The filing states the results are preliminary and may change based on the company's external auditor review.

When and where were these preliminary results provided?

The data were provided to analysts and investors on August 6, 2025 at 2:00 p.m. (Seoul time) during the 2025 2Q earnings results conference call.

What were the separate (parent) operating income and profit for 2Q25?

On a separate basis, operating income was 2,509 and profit for the period was 369 (unit: 100 millions of Won) for 2Q2025.