Coway Co., Ltd. announced its financial results for the third quarter of 2025. Revenue during the period increased 14% year-over-year to $859 million. Operating profit during the quarter also increased by 17.4% year-over-year to $166 million. Year-to-date revenue improved 15.8% over the same period of 2024, reaching $2.5 billion.
The company’s strong domestic performance, which saw a 12% year-over-year increase, was driven by what the company called “robust sales” of the new Icon Ice Water Purifier series. Overall, sales of Coway’s ice water purifiers rose 25% year-over-year between August and September, a new sales record for the category.
Sales among Coway’s overseas subsidiaries grew 19.9% year-over-year, with Malaysia reporting a 20% increase. The US and Thailand also posted strong revenue numbers, reporting 7.8% and 28.5% growth respectively.
“Strong sales of our leading home environment appliances, along with the steady growth of our BEREX lineup of beds and massage chairs, have driven overall performance this quarter,” said Soon Tae Kim, Coway Chief Financial Officer. “Building on this core business competitiveness, we will continue to strengthen our future growth drivers and sustain balanced momentum across both domestic and global markets going forward.”
