HYBE sales are at an all-time high.

On Wednesday (01/11), HYBE announced its record-breaking third quarter earnings, thanks to album, concert, and streaming revenues that total to 537.9 billion KRW and an operating profit of 72.7 billion KRW. This milestone marks HYBE's highest third-quarter performance since it was established in 2005.

The label's active artists—SEVENTEEN, TOMORROW X TOGETHER, ENHYPEN, and LE SSERAFIM—contributed to the increasing revenue of HYBE through worldwide tours. In September, BTS member V sold over 2 million copies of his album Layover, making him the first Korean solo artist to reach such a feat. The release was followed by BTS' Jungkook with his single 'Seven' featuring Latto and '3D' featuring Jack Harlow.

According to Circle Chart in Korea, SEVENTEEN sold over 11 million albums this year. Their first Japan Best Album Always Yours shipped 750,000 units, giving it an official triple platinum certification from the Recording Industry Association of Japan. 

BEYOND THE STORY: 10-Year Record of BTS, the official BTS book that celebrated the 10th anniversary of the 'Dynamite' act, together with SEVENTEEN and ENHYPEN tour merch tallied at 155.4 billion KRW. "They will carry out a special project to celebrate the 10th anniversary of 'The Most Beautiful Moment in Life', which is the most meaningful album for both BTS and ARMY," HYBE shared in a statement.

HYBE exceeds KRW 1 trillion in half-year revenue for the first time in company's history

Fans can look forward to more great things from HYBE as the year comes to a close. Jungkook of BTS is set to drop his solo debut album GOLDEN on 3 November (Friday). ENHYPEN will be releasing their fifth EP, titled Orange Blood, on 17 November. HYBE's Japanese and Korean group &Team will also be releasing their first studio album on 15 November.

SEVENTEEN, who released their 11th EP Seventeenth Heaven in October and broke the record for the highest first-week sales in K-pop history as they sold over 5 million copies of the EP, will continue their world tour in Bangkok, Bulacan, and Macau until January 2024. TOMORROW X TOGETHER will close their world tour this December with an encore concert at Gocheok Sky Dome in Seoul. 

"HYBE is focusing on expanding its genre and building a diverse music portfolio, which has resulted in a shared growth in streaming and album revenues," HYBE shared. "The company is also seeking sustainable growth through not only mergers and acquisitions but also through organic approaches such as the ‘The Debut: Dream Academy’ project."