Hybe, the company behind BTS, reported the highest quarterly revenue and operating profit in its history for the third quarter of 2026, Variety reports.

Revenue for the quarter reached 1.5257 trillion won, and operating profit was 188.5 billion won, Chosun Biz reports. Each figure beat the records the company set in the second quarter, Variety says.

The company swung to a profit from a year earlier, when it had an operating loss of 42.2 billion won, Chosun Biz reports. Net profit was 11.3 billion won.

Concerts led the way. Concert revenue hit a quarterly record of 726.8 billion won, Chosun Biz reports. BTS played to as many as 70,000 fans per show in Europe and the United States, Hybe said, according to Chosun Biz.

Merchandise and licensing also set a quarterly record, Variety reports. Merchandise from BTS's North American tour alone accounted for $79.6 million, Variety says.

Hybe singled out girl group Katseye and Japanese boy group &Team as proof that its "multi-home, multi-genre" strategy is working, Variety reports. Katseye's third EP, "Wild," went to No. 1 on the Billboard 200, Variety says.

Enhypen's album "The Sin: Bliss" also hit No. 1 on the Billboard 200, Variety reports.

"This proves with numbers that we have successfully undergone structural evolution into a global top-tier entertainment platform beyond K-pop corporations," Hybe said, according to Chosun Biz.

Through the first nine months of the year, Hybe's revenue reached 3.674 trillion won, Chosun Biz reports. Variety reports that the nine-month total is more than the company has ever earned in a full year.