LG Energy Solution Ltd

373220: XKRX (KOR)

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LG Energy Solution Earnings: A Small Miss in Profit; Strong ESS Sales Offset Weak EV Demand

Vincent Sun

Jul 30, 2026

June-quarter revenue for LG Energy Solution, or LGES, grew 25% year on year driven by energy storage systems, or ESS, battery demand in US and electric vehicles, or EV, pouch batteries in Europe. Operating income remained lackluster as weaker US demand weighed on EV battery margin.

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LG Energy Solution Ltd

LG Energy Solution Earnings: A Small Miss in Profit; Strong ESS Sales Offset Weak EV Demand

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