business ๐ธ JYP Earnings Dip, Stray Kids Absence Cited
JYP Entertainment reported a sharp decline in its second-quarter earnings, which was reportedly linked to fewer major activities by Stray Kids. The company announced preliminary consolidated results for Q2 2026, showing revenue at โฉ183 billion KRW and operating profit at โฉ31.0 billion KRW. Compared to Q2 2025, revenue dropped 15.1% and operating profit plunged by 41.4%. This dip highlighted Stray Kids' major financial impact on JYP's performance during that period. The company anticipates improvement as Stray Kids releases new music and heads into more touring in the latter half of 2026. ๐