Earnings ·
Gravity reports Q2 net profit up 83.8% to US$15.7 million as revenues fall 5.2%
GRVYGRAVITY Co., Ltd.
Gravity Co., Ltd. reported unaudited financial results for the second quarter ended June 30, 2026. Total revenues were KRW 161,884 million (US$ 104.5 million), a 5.2% decrease year-over-year but flat quarter-over-quarter. Net profit attributable to parent company was KRW 24,341 million (US$ 15.7 million), representing an 83.8% increase from the prior year period despite a 17.2% decline from the first quarter of 2026. Operating profit rose 40.2% year-over-year to KRW 27,582 million. The company also announced business updates including the launch of Ragnarok: Twilight Global in the Americas and Ragnarok M: Classic in Korea, alongside the establishment of a joint venture in Indonesia. Gravity Co., Ltd. is a developer and publisher of online and mobile games based in South Korea.