LG Energy Posts Best-Ever Quarterly Result on Storage Demand

Markets Hyperdrive Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Hyunbin Kim October 7, 2026 at 11:58 PM UTC Updated on October 8, 2026 at 2:47 AM UTC Takeaways by Bloomberg AI LG Energy Solution Ltd. reported preliminary third-quarter earnings that were more than double analyst estimates as the South Korean battery maker benefited from US manufacturing incentives and surging demand for energy-storage systems. Operating profit came in at 756 billion won ($565 million) for the three months through September, compared with the 365.5 billion won average of analysts surveyed by Bloomberg. The preliminary figure would be the company’s biggest operating profit since it was founded in December 2020.