Samsung SDS recorded double-digit revenue growth in the third quarter, driven by expansion in its external cloud and air-sea logistics businesses.
On the 29th, Samsung SDS announced that its consolidated revenue and operating profit for the third quarter of this year were 3 trillion 772.5 billion won and 241 billion won, respectively, representing increases of 11.2% and 3.7% compared to the same period last year.
Revenue from the IT services business segment was 1 trillion 681 billion won, up 5.3% year-on-year. Among this, cloud business revenue reached 796.1 billion won, an 18% increase from the same period last year, driven by the expansion of its AX (AI Transformation) business.
Within the cloud business, CSP (Cloud Service Provider) operations grew 15% year-on-year as demand for Samsung Cloud Platform (SCP) and GPUaaS (GPU as a Service) supply to the public sector and software industry both increased. MSP (Managed Service Provider) operations rose 25% year-on-year due to the expansion of AX projects in the financial sector and ERP projects in the shipbuilding sector, along with the adoption of global AI services.
The logistics business saw revenue increase by 16% year-on-year to 2 trillion 91.5 billion won, as cargo volumes and freight rates for air and sea logistics rose.
Samsung SDS is expanding its performance in the AX business based on the 'Multi-dimensional AI Full Stack' strategy unveiled at its enterprise AX conference, 'Real Summit 2026.'
In the AI infrastructure area, Samsung SDS was selected as the preferred bidder for a large-scale DBO (Design-Build-Operate) project of over 200 MW (megawatts) being promoted by Pacific Asset Management. Through this, the company plans to secure references for executing DBO projects and continue expanding additional data center businesses such as colocation. Samsung SDS began construction in August on a 'National AI Computing Center' aimed at the government's leap toward becoming one of the top three AI powers, with completion targeted for 2028.
In the AX and AI services area, the company expanded its financial sector AX business by winning an 'AI and Data Platform Construction Project' in the financial industry and being selected as the preferred bidder for AI platform construction projects for insurance companies and financial holding companies.
In the AI platform and solution area, AI collaboration solution Brityworks has rapidly spread to major government ministries, recently winning a project with the National Police Agency, securing 330,000 cumulative users in the public sector. Additionally, the company launched 'Brityworks CoWork,' an AI assistant that autonomously plans tasks according to work instructions and searches and analyzes internal corporate documents to perform document creation.
In the security field, following its selection as a pilot partner for OpenAI's 'Daybreak Partner Program'—a first among domestic companies—Samsung SDS also joined Google's 'Fairwind' and Anthropic's 'Security Verification Program.'
The company is also continuing to expand new business development and strategic investments for future growth. Samsung SDS is forming a robotics partnership, 'Team REX (Robotics EXcellence),' with global physical AI companies such as Rainbow Robotics and Walden Robotics, concretizing its physical AI business.
Alongside this, in August, the company verified robot utilization cases in industrial sites discovered jointly with Samsung affiliates with global physical AI companies like Walden Robotics and RoboForce, confirming their applicability. Currently, a demonstration project is being promoted at Samsung affiliate sites, and the company plans to expand the scope of application and participating affiliates based on the project results.
Furthermore, Samsung SDS boosted its air logistics capabilities by acquiring 100% of the shares in Woojeong Air, a specialist in mixed air cargo. Through this, it plans to expand its air transport business centered on cargo departing from Incheon and cargo transiting through Incheon from Asia.
Meanwhile, Samsung SDS is scheduled to hold the groundbreaking ceremony for the Gumi AI Data Center, which will be built with an initial power capacity of 60 MW in Gumi, North Gyeongsang Province, in early November.
in TECH
