Hyundai Motor Company (005380)
Hyundai Motor Company (005380) is South Korea’s largest automaker, building Hyundai, Genesis, and IONIQ vehicles worldwide. In ETFpedia it anchors the Hyundai robotics value chain: it owns roughly 80% of Boston Dynamics, runs the Atlas humanoid program, sets group robotics strategy, and is the first to put Atlas on a real production line.
| Ticker | 005380 |
|---|---|
| Exchange | KOSPI |
| Sector | Consumer Discretionary · Automobiles |
| Country | South Korea |
| Wikidata | Q55931 |
| Last updated | 2026-06-08 |
Next event:Next report · H1 2026 반기보고서 (semi-annual report), estimated · Estimated from Korea's 45-day semi-annual filing deadline; not company-confirmed. Last report: Q1 2026 분기보고서 filed 2026-05-15. (source)
Latest reported quarter:Q1 2026 (ended Mar 31, 2026) (reported2026-05-15)
Hyundai posted a record first-quarter consolidated revenue of ₩45.94 trillion, up 3.4% year over year, but operating profit fell 30.8% to ₩2.51 trillion and net income fell 23.6% to ₩2.58 trillion as newly applied US tariffs, higher raw-material costs, and Middle East shipping disruption squeezed margins. Operating margin was 5.5%.
| Revenue | ₩45.94T+3.4%YoY · Record first-quarter high |
|---|---|
| Operating profit | ₩2.51T-30.8%YoY · Operating margin 5.5% |
| Net income | ₩2.58T-23.6%YoY |
Revenue by segment
| Revenue (record Q1 high) | ₩45.94T+3.4% YoY |
|---|---|
| Global wholesale units | 976,219-2.5% YoY |
| Electrified vehicle sales (EV + HEV) | 242,612 · 24.9% of salesof revenue+14.2% YoY |
Recent & upcoming events
- · AI Robotics Strategy unveiled at CES 2026.Hyundai Motor Group used CES 2026 in Las Vegas to debut the new Boston Dynamics Atlas humanoid publicly and lay out an AI robotics strategy under the theme Partnering Human Progress, spanning robot components, logistics, and software through its Software-Defined Factory approach. (source)
- · Record Q1 revenue, profit down on US tariffs.Hyundai reported record first-quarter revenue of ₩45.94 trillion but a 30.8% drop in operating profit, the first quarter in which US tariffs were fully reflected, alongside higher raw-material costs and Middle East disruption. (source)
Consolidated revenue, operating profit, and net income are from Hyundai's Q1 2026 분기보고서 on DART and the company IR release; unit and electrified-vehicle figures are from the IR release.
Figures are as of 2026-06-08 and reflect the most recent public filings/IR releases; they are updated after each earnings report.
What does Hyundai Motor do?
Two businesses live inside one company. The first is the car business everyone knows: Hyundai-brand passenger and commercial vehicles, the Genesis luxury marque, and the IONIQ electric line, sold in most major markets. In Q1 2026 Hyundai shipped 976,219 vehicles globally and pushed electrified models (EV plus hybrid) to 24.9% of sales, an all-time quarterly high (Hyundai IR). The second business is robotics. Hyundai owns about 80% of Boston Dynamics, the maker of the Atlas humanoid and the Spot robot dog, and runs its own Robotics Lab. That second business is small in revenue today but is where the group is placing its long bet.
Why is Hyundai Motor the anchor of the robotics value chain?
The Hyundai robotics value chain concept groups the affiliates that turn Boston Dynamics’ robots into a manufacturable product line, and Hyundai Motor sits at the top of it. It owns the IP and it owns the demand. The ownership came from a deal completed in June 2021, when Hyundai Motor Group took an 80% controlling stake in Boston Dynamics from SoftBank in a transaction that valued the robot maker at US$1.1 billion (Boston Dynamics). At CES 2026 the group put the strategy on stage, debuting the new Atlas publicly and framing robotics as a commercial business, not a science project.
The new Atlas humanoid robot will make its public debut at CES 2026, “a tangible step toward the commercialization of AI Robotics.”
The reason Hyundai is the anchor and not just a customer is that the same company controls the robot maker, the strategy, and the first factory floor where Atlas works. Mobis supplies the actuators and sensors; Kia supplies a second deployment site. Hyundai supplies the robot itself.
What did Hyundai Motor report most recently?
In Q1 2026 (the quarter ended March 31, 2026), Hyundai posted record first-quarter consolidated revenue of ₩45.94 trillion, up 3.4% year over year (DART 분기보고서). Profit went the other way. Operating profit fell 30.8% to ₩2.51 trillion and net income fell 23.6% to ₩2.58 trillion, with the operating margin at 5.5%. The cause was tariffs. This was the first quarter in which US tariffs were fully reflected in the numbers, and higher raw-material costs plus shipping disruption in the Middle East added to the squeeze (KED Global). Volumes held up better than profit: US market share rose to 6.0% even as global wholesale units slipped 2.5%.
What are the risks for Hyundai Motor?
- US tariffs. Hyundai sells heavily into the United States, and the Q1 2026 profit drop shows how directly a tariff regime hits margin. Tariff policy is the single biggest swing factor on near-term earnings.
- Robotics is early. Boston Dynamics is a long-dated option. Atlas factory deployment is just beginning, and the robotics arm does not yet move group earnings; the value chain thesis depends on commercialization that is still ahead.
- EV transition cost. Electrified vehicles are now a quarter of sales, but the shift carries pricing pressure and heavy capital spending while legacy combustion margins normalize.
- Cyclicality and FX. Auto demand is cyclical and Hyundai’s results swing with the won, raw-material prices, and regional disruptions like the Middle East shipping issues that hit Q1 2026.
Related securities, concepts & terms
- Hyundai Motor Robotics Value Chainparent
- Robotics & Physical AIparent
- Hyundai Mobis (012330)sibling
- Kia Corporation (000270)sibling
- Hyundai Rotem (064350)sibling
Related indices & ETFs
- Akros Hyundai Motor Robotics Value Chain TOP3 Plus Index · AkrosThe proprietary Akros index that frames the Hyundai robotics value-chain concept; Hyundai Motor is its anchor name.
Frequently asked questions about Hyundai Motor
What does Hyundai Motor Company do?
Hyundai Motor Company is South Korea's largest automaker and the anchor of Hyundai Motor Group. It designs and builds passenger and commercial vehicles under the Hyundai, Genesis (luxury), and IONIQ (electric) brands, sold worldwide. It is also the group's robotics anchor: Hyundai owns roughly 80% of Boston Dynamics, which it acquired in a deal valued at US$1.1 billion in June 2021 (Boston Dynamics), and runs the Atlas humanoid program plus the in-house Robotics Lab.
Why is Hyundai Motor the anchor of the robotics value chain?
Hyundai sits at the top of the Hyundai robotics value chain because it both owns the core robotics IP and provides the demand. It controls roughly 80% of Boston Dynamics and the Atlas humanoid program, it sets the group's AI robotics strategy (unveiled at CES 2026 under the theme Partnering Human Progress), and it is the first group company to put Atlas on a real production line (Hyundai newsroom). Affiliates such as Hyundai Mobis and Kia supply the parts and the factories around that program.
What was Hyundai Motor's latest revenue and profit?
Hyundai reported record first-quarter consolidated revenue of ₩45.94 trillion in Q1 2026 (quarter ended March 31, 2026), up 3.4% year over year. Operating profit fell 30.8% to ₩2.51 trillion and net income fell 23.6% to ₩2.58 trillion, with an operating margin of 5.5%, as US tariffs were fully reflected for the first time (DART 분기보고서).
When does Hyundai Motor next report earnings?
Korean issuers do not pre-announce earnings dates. Hyundai's next regulatory filing is the H1 2026 반기보고서 (semi-annual report), due around August 14, 2026 under Korea's 45-day semi-annual deadline. That date is estimated, not company-confirmed. Hyundai last filed its Q1 2026 분기보고서 on May 15, 2026 (DART).
Sources & references
- 현대자동차 분기보고서 (2026.03) · Q1 2026 quarterly report · Hyundai Motor / DART (FSS), 2026-05-15
- Hyundai Motor Announces 2026 Q1 Business Results · Hyundai Motor Company (Global Newsroom), 2026-04-23
- Hyundai Motor Group to Unveil AI Robotics Strategy at CES 2026 · Hyundai Motor Company (Global Newsroom), 2026-01-05
- Hyundai Motor Group Completes Acquisition of Boston Dynamics from SoftBank · Boston Dynamics, 2021-06-21
- Hyundai Motor profit falls 30% as Middle East disruption, US tariffs bite · The Korea Economic Daily (KED Global), 2026-04-23