Nexon 2Q Operating Profit Falls 17% as Revenue Rises 2%

Дата публикации: 14-08-2026 18:21:26

Nexon posted record first-half results, helped by growth in the MapleStory franchise and the success of ARC Raiders. Second-quarter operating profit declined from a year earlier, but exceeded the outlook the company had previously provided.Nexon said Aug. 13 that consolidated second-quarter revenue

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Nexon posted record first-half results, helped by growth in the MapleStory franchise and the success of ARC Raiders. Second-quarter operating profit declined from a year earlier, but exceeded the outlook the company had previously provided.

Nexon said Aug. 13 that consolidated second-quarter revenue was about 1.139 trillion won and operating profit was about 294.3 billion won. Revenue increased 2% from a year earlier, while operating profit fell 17%. Net income attributable to owners of the parent was about 278.8 billion won, up 77%. The won figures were converted using an average second-quarter exchange rate of 940.7 won per 100 yen. Nexon is listed on the Tokyo Stock Exchange.

Second-quarter revenue, operating profit and net income all exceeded the company's own forecasts issued in May. Even against the upper end of the outlook, actual revenue was about 1% higher, operating profit about 24% higher and net income about 28% higher.

First-half results reached record levels. Revenue was about 2.5603 trillion won, up 17% from a year earlier, while operating profit rose 13% to about 837.9 billion won. Net income increased 102% to about 813.7 billion won. According to Nexon's official financial statements, the exact figures were 273.31 billion yen in revenue, 89.447 billion yen in operating profit and 86.864 billion yen in net income attributable to owners of the parent.

The MapleStory franchise led the results. Second-quarter revenue from the MapleStory franchise rose 63% from a year earlier to a quarterly record. PC-based MapleStory revenue in Korea and Western markets each increased 7% from a year earlier in the second quarter. MapleStory: Idle RPG, a mobile game launched in November last year, also contributed to revenue in North America, Europe and Southeast Asia following its six-month anniversary update in April.

Growth in MapleStory Worlds, a platform where users create their own game content, was also notable. Revenue increased 123% from a year earlier in the second quarter as user-generated content gained traction in Korea and Taiwan. Nexon's official financial materials also cited growth in MapleStory Worlds and MapleStory: Idle RPG as key factors behind the franchise's record quarterly revenue.

ARC Raiders, a PC and console game launched in October last year, also emerged as a new revenue pillar. About 800,000 additional copies of ARC Raiders were sold in the second quarter, bringing cumulative global sales to more than 16.3 million units. Nexon previously said the title had surpassed 16 million units in the first quarter, underscoring its continued sales momentum.

As overseas performance from MapleStory and ARC Raiders expanded, overseas revenue in the first half increased 44% from a year earlier. Revenue from PC and console platforms also rose 27%, with both metrics reaching record highs for a first half.

Operating profit growth, however, lagged revenue growth. Nexon said personnel expenses increased as headcount rose during the first half, while spending on software and cloud services also increased. Creator payout fees for MapleStory Worlds also rose. Marketing costs for MapleStory: Idle RPG and higher platform fees for MapleStory: Idle RPG and ARC Raiders were also reflected in expenses.

Nexon plans to continue expanding existing intellectual properties across regions and platforms and releasing new titles in the second half. The mobile version of DAVE THE DIVER, which was first released in China, is scheduled to launch globally, including in Korea, in September. Nexon will then begin service of Mabinogi Mobile in Japan in the fourth quarter. New titles including Dungeon & Fighter: Idle RPG, Project T and Azur Promilia are also being prepared for release.

Nexon also plans to expand shareholder returns. The company is scheduled to make a special dividend payment at the end of the third quarter. The total special dividend is expected to be about 3 trillion won.

[3Q 2026 Earnings Outlook]

*Third-quarter forecast exchange rate: 918.3 won per 100 yen, or 10.89 yen per 100 won

-Revenue is expected to range from 120.7 billion yen to 133.4 billion yen, equivalent to 1.1087 trillion won to 1.2253 trillion won, representing a 2% to 11% increase from a year earlier based on the forecast exchange rate for the third quarter.

-Operating profit is expected to range from 22.6 billion yen to 32.3 billion yen, equivalent to 207.6 billion won to 296.3 billion won.

-Net income is expected to range from 18.2 billion yen to 25.6 billion yen, equivalent to 167.3 billion won to 235.4 billion won.

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