POSCO Future M Strengthens Business Foundation with Anode Material Orders

POSCO Future M's Q1 2026 consolidated revenue stood at 625.4 billion won, a 26.0% decrease year-on-year, but an increase of 12.2% from the previous quarter. Operating profit was 4.6 billion won, down 73.4% year-on-year, but it turned profitable from the prior quarter. The company is solidifying its business stability by consistently securing orders in the anode material sector, a key component for electric vehicle batteries.

In terms of major business segments, the cathode material division experienced sluggish shipments of N86 products due to the operational halt at GM Ultium Cells. Sales of Energy Storage Systems (ESS) and Battery Unit Box (BBU) for Samsung SDI helped defend the segment's performance.

The anode material segment saw stable order flows following a slight recovery in natural graphite sales after upstream inventory adjustments were completed.

The basic material segment maintained stable performance, while the refractory products segment showed strong results due to oil price-linked effects.

POSCO Future M has narrowed the performance gap between cathode and anode materials and expanded its profit structure centered on high-value products such as ESS and BBU. The stable order pipeline in the anode material segment has become the foundation for the company's business growth.