Samsung SDS surpassed ₩3.7 trillion (approximately $2.6 billion) in second-quarter revenue, powered by simultaneous growth in its cloud and logistics businesses. Notably, revenue from external cloud services — those serving clients beyond Samsung Group affiliates — skyrocketed 75%, emerging as the key driver of the company’s improved performance.

Samsung SDS (018260.KS) announced on July 30 through a preliminary earnings disclosure that it recorded consolidated revenue of ₩3.72 trillion (approximately $2.6 billion) and operating profit of ₩231.8 billion (approximately $161.2 million) for the second quarter. Compared to the same period last year, revenue increased 5.9% and operating profit rose 0.7%. Net profit climbed 4.6% to ₩184.1 billion (approximately $128.0 million).

On a cumulative first-half basis, the company posted revenue of ₩7.07 trillion (approximately $4.9 billion) and operating profit of ₩310.1 billion (approximately $215.6 million). While revenue edged up 1.0% year-over-year, operating profit tumbled 37.8%, a decline attributed to weak first-quarter results.

IT Services Led by Cloud, Logistics Delivers Steady Growth

Breaking down performance by business segment, the IT services division showed particularly strong momentum. Second-quarter IT services revenue reached ₩1.76 trillion (approximately $1.2 billion), up 5% year-over-year. Within this segment, cloud business revenue grew 17% to ₩779.4 billion (approximately $542.0 million), leading the charge. What stands out is that external cloud business revenue surged a remarkable 75%, signaling that Samsung SDS is accelerating its push to reduce reliance on the Samsung Group and capture external market opportunities.

In more detail, the Cloud Service Provider (CSP) business grew 24%, driven by expanding demand for the Samsung Cloud Platform (SCP) and increased GPU-as-a-Service (GPUaaS) engagements across public and private sectors. The Managed Service Provider (MSP) business rose 17%, fueled by AI transformation (AX) projects in the financial sector and enterprise resource planning (ERP) system deployments in the shipbuilding industry.

The logistics division also maintained a solid trajectory. Second-quarter logistics revenue increased 6.6% to ₩1.96 trillion (approximately $1.4 billion). Air forwarding and contract logistics businesses showed growth, while the expansion of external business centered on the digital logistics platform Cello Square drove overall performance.

The table below summarizes Samsung SDS’s second-quarter results by segment:

CategoryQ2 2026YoY ChangeConsolidated Revenue₩3.72 trillion5.9%IT Services Revenue₩1.76 trillion5.0%Cloud Business Revenue₩779.4 billion17.0%Logistics Revenue₩1.96 trillion6.6%Operating Profit₩231.8 billion0.7%Net Profit₩184.1 billion4.6%

Note: Based on Samsung SDS preliminary earnings disclosure, consolidated basis

Securing Future Growth Engines Through AI Infrastructure and Robotics

Alongside its earnings release, Samsung SDS unveiled aggressive investment plans for its AI data business and robotics ventures. The company intends to more than double its data center capacity from the current 110 megawatts (MW) to 230MW by 2029. Furthermore, it laid out a blueprint to expand its AI infrastructure business — including data center design, build, and operate (DBO) services — to over 800MW by 2031.

Activity is also intensifying in the robotics space. In June, Samsung SDS invested in U.S.-based robotics company Walden Robotics through Samsung Venture Investment. Starting with Walden Robotics, the company plans to expand partnerships with global robotics firms and pursue a “robot orchestration” business that integrates and controls diverse robots while linking them to manufacturing execution systems (MES). This is widely interpreted as a strategy to accelerate digital transformation across manufacturing sites.

The earnings announcement underscores how Samsung SDS is generating stable profits through its twin pillars of cloud and logistics while simultaneously investing in new ventures such as AI infrastructure and robot orchestration to secure future growth engines. The high growth rate in external business, in particular, is being viewed as a signal that Samsung SDS — historically reliant on group affiliates — is rapidly diversifying its business structure.