Gravity Reports Third Quarter of 2026 Result and Business Updates
Key Highlights
- ➤Q3 revenue KRW 197,146 million, up 21.8% QoQ and 41.9% YoY
- ➤Mobile game revenue KRW 169,387 million, up 31.7% QoQ and 54.6% YoY
- ➤Operating profit KRW 28,728 million, up 4.2% QoQ and 35.0% YoY
- ➤Net profit KRW 21,407 million, down 12.1% QoQ but up 7.7% YoY
- ➤Cash and short-term financial instruments reached KRW 616,485 million
Expert Statements
Heung Gon Kim, Chief Financial Officer of Gravity Co., Ltd.
“Gravity is a developer and publisher of online and mobile games.”
Seoul, South Korea, Nov. 13, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the third quarter ended September 30, 2026, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates.
THIRD QUARTER 2026 HIGHLIGHTS * Total revenues were KRW 197,146 million (US$ 145,397 thousand), representing a 21.8% increase from the second quarter ended June 30, 2026 (“QoQ”) and a 41.9% increase from the third quarter ended September 30, 2025 (“YoY”). * Operating profit was KRW 28,728 million (US$ 21,186 thousand), representing a 4.2% increase QoQ and a 35.0% increase YoY. * Profit before income tax expense was KRW 27,684 million (US$ 20,416 thousand), representing a 14.7% decrease QoQ and a 1.8% increase YoY. * Net profit attributable to parent company was KRW 21,407 million (US$ 15,787 thousand), representing a 12.1% decrease QoQ and a 7.7% increase YoY. REVIEW OF THIRD QUARTER 2026 FINANCIAL RESULTS
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