Hankook Tire Reports 2025 Revenue of KRW 21.2022 Trillion and Operating Profit of KRW 1.8425 Trillion

- Global consolidated sales for 2025 reached KRW 21.2022 trillion, with the tire business surpassing KRW 10 trillion in annual sales
- The share of high-inch tires and OE EV tires within passenger car and light truck tire sales rose to 47.8% and 27%, respectively
- Expanded OE tire supply for leading electric vehicle brands, reaffirming Hankook Tire’s technological leadership in the EV segment

Seoul, Korea, February 4, 2026 — Hankook Tire & Technology (Hankook Tire), a leading global tire company under Hankook & Company Group (Chairman Hyunbum Cho), announced its consolidated global financial results for 2025, reporting revenue of KRW 21.2022 trillion and operating profit of KRW 1.8425 trillion.

In the tire business, sales reached KRW 10.3186 trillion, up 9.6% year-over-year, surpassing KRW 10 trillion for the first time since its foundation, while operating profit reached KRW 1.6843 trillion. In the fourth quarter of last year, the tire business recorded sales of KRW 2.7537 trillion — the highest quarterly performance in the company’s history — with operating profit increasing 2.5% year over year to KRW 485 billion.

Despite heightened global economic uncertainty last year, sales growth was driven by resilient demand for both replacement and original equipment (OE) tires across global markets, combined with an increased share of high-inch tire sales.

In the thermal management segment, Hanon Systems—consolidated as a subsidiary of Hankook Tire from the first quarter of last year—reported 2025 annual revenue of KRW 10.8837 trillion, up 8.9% year-over-year, while operating profit increased 184.5% to KRW 271.8 billion. In the fourth quarter of last year, the thermal management business recorded revenue of KRW 2.7025 trillion and operating profit of KRW 91.2 billion, demonstrating the benefits of sustained fundamental improvement since the consolidation.

For Hankook Tire, 18-inch and larger tires accounted for 47.8% of total passenger car and light truck (PCLT) tire sales in 2025. Additionally, electric vehicle (EV) tires represented 27% of PCLT tire sales, reflecting the company’s continued pursuit of profitability-driven qualitative growth.

Last year, Hankook Tire significantly expanded its global brand partnerships, including partnerships with Porsche, BMW, Xiaomi, Lucid Motors, CUPRA, and Kia, further solidifying its leading position in global markets. The company currently supplies OE tires to approximately 40 global automotive brands across around 300 vehicle models, demonstrating recognition of its top-tier technological capabilities and competitive product quality.

Meanwhile, iON, Hankook Tire’s world-first full-lineup EV-specialized tire brand, continued to expand its OE tire supply for premium electric vehicle models. At the same time, it significantly broadened its influence in the replacement tire market across key global regions, including Europe, Korea, North America, China, ASEAN, and the Middle East, establishing itself as a leading EV-specialized tire brand.

In addition, in a tire performance comparison test conducted last year by Germany’s automotive magazine Auto Bild, products from Hankook Tire’s iON received the top “Exemplary” rating. The company further earned industry recognition at the WhatTyre Awards, hosted by the UK’s leading tire media outlet, where iON was named “EV Tire of the Year,” validating Hankook Tire’s technological innovation.

Furthermore, Hankook Tire continues to enhance the premium positioning of its unified global brand “Hankook” through its role as the official tire supplier and team sponsor in more than 70 global motorsport competitions, including the FIA World Rally Championship (WRC), ABB FIA Formula E World Championship, and the Lamborghini Super Trofeo. The company actively utilizes data and insights gained from these competitions to advance its ultra-high-performance (UHP) tire technologies.

2025 Consolidated Financial Result

*Exchange Rates:

(NOTE: Average exchange rates for the given annual period, obtained from Korea Exchange Bank)

Hankook Tire & Technology (Hankook Tire): Consolidated Financial Results for Q4 2025

Hanon Systems: Consolidated Financial Result for Q4 2025

*Exchange Rates:

(NOTE: Average exchange rates for the given period, obtained from Korea Exchange Bank)