FADU posts record Q3 revenue of 143.6 billion won
FADU's third-quarter operating profit reached 36.3 billion won, reversing a 11.4 billion won loss a year earlier, according to datanet.co.kr.
South Korean data center semiconductor company FADU reported provisional third-quarter revenue of 143.6 billion won and operating profit of 36.3 billion won, according to datanet.co.kr. The result is a new quarterly record for the company, surpassing the previous high set in the second quarter.
Revenue rose 460% year-on-year from 25.6 billion won and 96% from 73.2 billion won in the prior quarter. Operating profit swung to a profit from a 11.4 billion won loss in the same quarter last year and climbed 124% from the previous quarter. Cumulative operating profit through the third quarter passed 60 billion won.
New orders disclosed through October totaled about 456.3 billion won. Cumulative revenue for the year through the third quarter stood at 276.3 billion won, up 303% from 68.5 billion won a year earlier, against full-year revenue of 92.4 billion won last year.
Next-generation controllers
FADU said it has completed development of a next-generation Gen6 controller and plans to begin full sales from the end of the year. The company is also developing a Gen7 controller, targeting customer sampling in 2028.
The earnings follow two appearances on the industry stage in 2026: at FMS (Future of Memory and Storage) 2026 in Santa Clara in August, where FADU set out its "FADU 2.0" vision, and at the OCP Global Summit 2026 in San Jose on October 15, where it unveiled FS-SSD (File Semantic SSD) technology, which it describes as a world first.
Quick answers
What were FADU's third-quarter 2026 results?
FADU reported provisional revenue of 143.6 billion won and operating profit of 36.3 billion won, a new quarterly record.
When does FADU's Gen6 controller go on sale?
The company said it has completed development and plans to begin full sales from the end of the year.
How much did FADU's revenue grow year-on-year?
Third-quarter revenue rose 460% from 25.6 billion won in the same quarter last year.