Gravity reported second-quarter 2026 revenue of KRW 161,884 million, down 5.2% from a year earlier

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

On Aug 7, 2026, Gravity Co. filed a Form 6-K, the report a foreign company files with the US Securities and Exchange Commission to disclose news, with its unaudited results for the second quarter ended Jun 30, 2026, under International Financial Reporting Standards as issued by the International Accounting Standards Board. Total revenues were KRW 161,884 million, flat from KRW 161,878 million in the first quarter and 5.2% below KRW 170,740 million in the second quarter of 2025; the release also gave it as US$ 104,524 thousand at KRW 1,548.78 to the dollar, a convenience rate. Operating profit was KRW 27,582 million, down 10.5% from KRW 30,830 million in the first quarter and up 40.2% from KRW 19,670 million a year earlier. Net profit attributable to the parent company, the owners' share of the group's profit, was KRW 24,341 million, up from KRW 13,245 million in the second quarter of 2025 and down from KRW 29,394 million in the first quarter.1^,2^,3^,4^,5^,6^,7^,8^,9

Online games brought in KRW 29,660 million, up 35.0% from KRW 21,971 million a year earlier, which the company tied mainly to Ragnarok Online in Thailand, Taiwan, Hong Kong and Macau, partly offset by lower revenue from Ragnarok Online America Latina in Latin America. Mobile games brought in KRW 128,611 million, down 10.7% from KRW 144,003 million a year earlier and 3.2% from KRW 132,800 million in the first quarter. The company put the fall from a year earlier mainly down to lower revenue from Ragnarok M: Classic in Taiwan, Hong Kong, Macau and Southeast Asia, Ragnarok Idle Adventure Plus and Ragnarok Origin, partly offset by initial revenue from Ragnarok: The New World and Ragnarok Origin Classic. Operating expenses were KRW 24,761 million, down 33.2% from KRW 37,064 million a year earlier, which the company put mainly down to lower advertising expenses for Ragnarok Idle Adventure Plus, Ragnarok Online America Latina, Nobunaga's Ambition: The Road to the World and Ragnarok: Back to Glory.10^,11^,12^,13^,14^,15^,16

The business update listed launches in June and July 2026: Ragnarok: Twilight Global in Europe and the Americas on Jun 4, Ragnarok: The New World in Southeast Asia (except Vietnam) and Ragnarok M: Classic in Korea on Jul 16, and Ragnarok Origin Classic in the Americas on Jul 23. Gravity said Ragnarok Zero: Global would launch in Southeast Asia, Europe and Oceania on Aug 18, 2026, and that Hashire HEBEREKE: EX would launch on Sep 3, 2026 and GALVATEIN: Adventure's Guild on Sep 22, 2026. It also said it had completed setting up a joint venture in Indonesia and planned others in Thailand and two other countries, and that it aimed to expand into new business areas by developing a global user-generated-content platform and an HTML5 gaming platform and by launching an outsourcing business.17^,18^,19^,20^,21^,22^,23^,24^,25