SEOUL, South Korea Coway Co., Ltd., the “Best Life Solution Company,” today reported its financial results for the first quarter of 2026, showing solid growth in both domestic and overseas markets.
“Driven by strong demand for our leading products and successful new launches, we achieved robust growth in Q1,” said Soontae Kim, Coway’s Chief Financial Officer. “We will continue to drive profitable growth throughout 2026 through innovative products and stronger marketing efforts.”
(All figures are based on consolidated K-IFRS standards.)
In South Korea, Coway recorded revenue of KRW 742.8 billion, up 9.5% year-over-year.
Key growth drivers included the successful launch of the Icon Ice Water Purifier 3, BEREX Pebble Chair 2, and the new home medical device brand ‘Therasol’. The annual “Coway Festa” promotion also boosted sales significantly.
As a result, BEREX bed sales grew 30% year-over-year, and the company added 188,000 net rental accounts in Q1 an impressive 81.8% increase compared to the same period last year.
Coway’s overseas subsidiaries delivered revenue of KRW 537.0 billion, up 20.2% year-over-year.
Founded in 1989, Coway is a leading Korean home environment appliances company known for innovative products including water purifiers, air purifiers, bidets, and mattresses.
Its wellness brand BEREX offers premium mattresses and massage chairs designed to improve quality of life. Coway is recognized globally for product innovation, customer satisfaction, and market leadership.
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