Kakao Pay reports Q1 2026 consolidated operating profit of 32.2 billion won, accelerating turnaround

Consolidated Q1 2026: Revenue 300.3B KRW, Operating profit 32.2B KRW, Net profit 34.7B KRW (turnaround from loss)
Financial services (invest/lending/insurance) revenue 145.9B KRW, up 67% YoY, accounting for 48.6% of total
Payment services revenue 138.4B KRW, platform services 16.0B KRW
Kakao Pay Securities: operating profit 23.6B KRW, net profit 23.6B KRW (standalone)
Kakao Pay Insurance: insurance loss 9.2B KRW (continued losses)
Debt ratio 201.97% (up from 173.70% at end-2025)
Two lawsuits ongoing regarding personal data transfers (total fines 2.1B KRW)
No dividends or share buyback plans