S. Korean online game publisher Gravity Q3 revenue up 8.2% YoY

GRAVITY Co

07/11/2025 11:24

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/Miss
Actual
Consensus Estimate
Q3 Revenue
KRW 138.89 bln
Q3 Net Income
KRW 19.87 bln
Q3 Operating Expenses
KRW 29.08 bln
Q3 Operating Profit
KRW 21.28 bln


Press Release: ID:nGNX5kjyd7

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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.)