Robotis Reports Q1 2026 Consolidated Operating Loss of 11.8B KRW…Impact of ESOP Compensation and R&D Investment

Consolidated Q1 2026 sales: 11.84B KRW (+15.9% YoY), operating loss: 11.84B KRW (vs operating profit of 3.35B KRW in Q1 2025), net loss: 9.95B KRW
SG&A expenses surged 224% due to granting of treasury shares (approx. 11.78B KRW) to employees as performance compensation
Credit rating upgraded from BBB+ to A- (NICE D&B, Apr 30, 2026)\- Launch of bipedal humanoid 'AI Sapiens' and quasi-direct drive actuator 'Dynamixel-Q' scheduled for H2 2026
Capital injection of 20B KRW into Uzbekistan subsidiary ROBOTIS FE LLC (Jan 2026)
All convertible preferred shares converted to common shares; outstanding shares: 14,652,728
LG Electronics holds 6.57% stake (significant influence)
Total assets: 367B KRW, liabilities: 9.5B KRW, equity: 357.5B KRW