SM Entertainment Swings to Q3 2026 Net Loss on Stronger Won

South Korean label SM Entertainment swung to a third-quarter 2026 net loss of KRW 1.1 billion (about $0.8 million), from a KRW 44.7 billion profit a year earlier. The company blamed mainly foreign exchange losses from the strengthening Korean won. Revenue fell 9.5% to KRW 291.1 billion. Source: Music Business Worldwide, 4 November 2026.