Woofun AI data shows that Samsung Electronics projects Q2 2021 operating profit at 89.4 trillion Korean won, approximately $58.4 billion, marking a 56% quarter-over-quarter increase and a new quarterly record. This figure exceeds the analyst consensus of 84.2 trillion Korean won.

Revenue is forecast at 171 trillion Korean won, surpassing market estimates of 169.2 trillion Korean won and rising 129% year-over-year. With this performance, Samsung’s quarterly operating profit tops NVIDIA’s $53.5 billion, making it the world’s most profitable company for the quarter. The full financial report, including net profit and segment details, is scheduled for release on July 30th.