Overview

* Gravity Q3 total revenue up 8.2% YoY, down 18.7% QoQ

* Operating profit rises 8.2% QoQ, falls 22.8% YoY

* Net profit attributable to parent company up 50% QoQ, down 11.2% YoY

Outlook

* Company plans to launch Ragnarok X: Next Generation in Europe, Middle East, and North Africa in H1 2026

* Ragnarok Abyss is set for Southeast Asia launch in H1 2026

* Ragnarok Landverse Genesis America to launch in North and South America on Dec 11, 2025

Result Drivers

* ONLINE GAME REVENUE - Increase QoQ driven by initial revenue from Ragnarok Zero in Taiwan, Hong Kong, and Macau, and Ragnarok Online America Latina in Latin America

* MOBILE GAME REVENUE - Decrease QoQ due to lower revenues from Ragnarok M: Classic in Southeast Asia and other regions, partially offset by new launches

* OPERATING EXPENSES - Decrease QoQ due to reduced advertising and R&D expenses, increase YoY due to higher advertising costs and salaries

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 KRW

Revenue 138.89

bln

Q3 Net KRW

Income 19.87

bln

Q3 KRW

Operatin 29.08

g bln

Expenses

Q3 KRW

Operatin 21.28

g Profit bln

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)