Piolink said on Tuesday it posted third-quarter consolidated revenue of 18.8 billion won and operating profit of 2.6 billion won in 2026.

Revenue rose 28% from 14.7 billion won a year earlier. Operating profit jumped about fivefold from 500 million won. Net profit increased 89% to 1.6 billion won.

Operating profit for the first nine months totaled 1.0 billion won, returning to the black. Revenue for the period rose 15% from 41.4 billion won to 47.4 billion won. The company said balanced growth across all business divisions led to the strong results.

As security threats become more advanced and the amount of data to be processed increases, revenue rose year on year across all business divisions, including application delivery controllers, web firewalls, security switches, hyper-converged infrastructure and security monitoring and consulting, the company stressed.

Growth in Japan and its HCI business was particularly notable. In Japan, Piolink said demand is rising for its TiFRONT security switch, which identifies endpoints and controls access, as local companies continue to invest in digital transformation and adoption of zero-trust security spreads.

It added that demand has also grown for its POPCON HCI, which offers a perpetual license and disaster recovery functions, as more companies and public institutions seek to replace foreign infrastructure with domestic products due to rising cost burdens following a change in license policies by a global virtualisation company.

Piolink Chief Executive Young-cheol Cho (조영철) said, "All business divisions grew evenly, and the overseas business delivered clear results, enabling a return to cumulative profitability in the third quarter." He added, "With major projects ramping up on top of our business structure in which results are increasingly concentrated toward year-end, we will sustain momentum in growth and profitability improvement through the end of the year."