Let’s see how much each Big 4 entertainment giant made in quarter 1 of 2022.
According to the first-quarter financial reports released by Big 4 entertainment companies including HYBE Labels, SM Ent, YG Ent, and JYP Ent, here are their revenue and profit recorded during the January-to-March period of this year.
Accordingly, HYBE earned the highest revenue, operating profit, and net profit in Q1 2022, with BTS’s in-person and globally broadcast concerts held in March being the leading contributors. HYBE is followed by SM with the second-highest revenue and net profit, thanks to successful first-quarter comebacks by artists such as Taeyeon, Red Velvet, NCT DREAM,… Meanwhile, YG had the lowest revenue and net profit recorded in the first 3 months of 2022. However, the numbers are expected to rise significantly in quarter 2 if BLACKPINK makes a summer comeback.
HYBE
- 284.9 billion won in revenue
- 37 billion won in operating profit
- 30.6 billion in net profit
- 12.9% of operating profit margin
SM
- 169.4 billion won in revenue
- 19.2 billion won in operating profit
- 25.5 billion won in net profit
- 11.3% of operating profit margin
JYP
- 67.7 billion won in revenue
- 19.1 billion won in operating profit
- 16.7 billion won in net profit
- 28.2% of operating profit margin
YG
- 75.5 billion won in revenue
- 6.1 billion won in operating profit
- 5.8 billion won in net profit
- 8% of operating profit margin
