LG Energy Solution Q1 2026 Operating Loss of 207.8B Won…EV Market Share 9.7%

Consolidated Q1 2026 revenue: 65.55 trillion won, operating loss: 207.8 billion won (swing to loss from 134.6 billion won profit in Q1 2025)
Net loss (controlling): 676 billion won, EPS loss: 2,889 won
Global EV battery market share: 9.7% (up from 9.2% in FY2025, down from 10.8% in FY2024)
Production utilization rate: 46.9% (continued decline from 47.6% in FY2025 and 57.8% in FY2024)
No share buyback, cancellation, or dividend (no shareholder return)
Acquired 49% stake in NextStar Energy Inc. from Stellantis for $100
Contingent liabilities: 72 pending lawsuits, debt guarantees of 9.65 trillion won