Coway Co., Ltd. announced its financial results for the second quarter of 2026. Second quarter revenue was up 14% year-over-year to approximately $1 billion. Second quarter operating profit grew 4.3% year-over-year to approximately $179 million.
In the first half of 2026, Coway’s cumulative revenue showed 13.9% improvement over the first six months of 2025, reaching $1.9 billion.
“In the second quarter, we demonstrated strong growth potential thanks to steady increases in our sales volume and expansion across our rental accounts both domestically and globally,” said Soontae Kim, Coway Chief Financial Officer. “In the second half of this year, we will continue to sustain this upward momentum through focus on solidifying our leadership in the premium appliance market and accelerating our growth engines via product portfolio diversification.”
Second quarter domestic market revenue was up 7.7% year-over-year to $558 million. The company attributed this momentum to strong sales across the company’s ice-making water purifier line, mattresses and massage chairs within the BEREX brand. Domestic net rental account additions in the second quarter grew by 51.6% to 242,000.
Global subsidiaries showed strong second quarter revenue and year-over-year sales improvement, particularly Malysia (22.2%), Thailand (53.9%), Indonesia (12.2%) and the United States (15.2%).
