STX Engine (077970.KS) Q1 2026: Revenue Up 36%, Backlog Tops ₩2T as Margins Retreat
Defense and shipbuilding demand drove a 35.8% revenue surge, but euro-denominated input cost inflation compressed gross margin by 3.7 percentage points — and the record net profit jump owed more to a one-time financial restructuring benefit than to operational execution.
Source: Q1 2026 Quarterly Report (23rd Fiscal Year, January 1 – March 31, 2026) — Filed with DART | Consolidated Financial Statements | Unit: ₩ billions
