JYP Entertainment Reports Q1 Revenue of 186 Billion Won and Operating Profit of 33.4 Billion Won, Demonstrating Global Growth Strength

JYP Entertainment recorded consolidated revenue of 186 billion won and operating profit of 33.4 billion won for the first quarter of 2026. These figures represent a 32% increase in revenue and a 70% rise in operating profit compared to the same period last year, significantly exceeding market expectations. The expansion into Western markets has lifted overall sales prices across revenue streams and enhanced profitability.

The driving force behind this strong performance comes from the Western activities of the company’s key artists, TWICE and STRAYKIZ. Revenue from merchandise and concert sales generated by TWICE’s North American tour was particularly significant, while album sales also surpassed projections due to STRAYKIZ’s performances in Western regions including North America and Europe. Both groups are established acts, with TWICE having been active for 12 years and STRAYKIZ for 9 years. Despite their long standing in the industry, they continue to achieve high growth in tours and album sales thanks to the expansion of their fanbases in Western countries.

The company plans to have STRAYKIZ launch new activities in the second half of the year, following TWICE’s schedule in the first half. In addition, JYP is expanding its roster of newer artists. NMIXX has increased its global recognition through appearances on North American radio charts and collaborations at festivals in South America, while the locally developed North American girl group “Girl's Set” and the Chinese IP “Modisey” have also achieved solid results since their Debut.

Strengthening the global merchandise strategy is another source of growth momentum. JYP is rapidly expanding its previously conservative global merchandise strategy, focusing on North America and China. By diversifying products and expanding sales channels, the company aims to secure structural advantages.