Hybe posts record quarterly results as BTS tour lifts revenue
Key takeaways
Quick summary- 1K-pop giant Hybe reported record third-quarter revenue and operating profit Tuesday, propelled by BTS' ongoing world tour, putting it on track to become the fi…
- 2According to its regulatory filing, the com
K-pop giant Hybe reported record third-quarter revenue and operating profit Tuesday, propelled by BTS
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' ongoing world tour, putting it on track to become the first K-pop agency to surpass 4 trillion won ($2.98 billion) in annual revenue. According to its regulatory filing, the company's preliminary revenue for the July–September period jumped 109.8 percent year-on-year to 1.53 trillion won on a consolidated basis. Operating profit swung to 188.5 billion won from an operating loss of 42.2 billion
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BTS (방탄소년단) is a South Korean K-pop group formed by BigHit Music and debuted on June 13, 2013. The group consists of seven members: RM, Jin, SUGA, j-hope, Jimin, V, and Jungkook. Known for their powerful performances, meaningful lyrics, and strong connection with fans, BTS has become one of the most successful and influential music groups in the world. Their music explores themes such as youth, self-discovery, mental health, love, and personal growth, helping them build a dedicated global fanbase known as ARMY. Since their debut, BTS has achieved record-breaking success across the global music industry with hit songs such as “Dynamite,” “Butter,” “Spring Day,” “Boy With Luv,” and “Fake Love.” The group has earned numerous awards, topped charts in multiple countries, sold millions of albums, and helped introduce K-pop to a broader international audience. Through their artistry, cultural impact, and worldwide influence, BTS continues to inspire fans and shape the future of global pop music.
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