GRAVITY Co., Ltd. (GRVY) Form 6-K — Aug 7, 2026
Gravity Co., Ltd. (NasdaqGM: GRVY) reported second quarter 2026 revenue of KRW 161,884 million (US$104.5 million), flat sequentially and down 5.2% year-over-year, as mobile game revenue fell 10.7% YoY on deceleration in Ragnarok M: Classic and Ragnarok Origin. Profitability improved sharply year-over-year: operating profit rose 40.2% YoY to KRW 27,582 million and net profit attributable to the parent climbed 83.8% YoY to KRW 24,341 million (US$15.7 million), though both declined sequentially from Q1. EPS was KRW 3,503 (US$2.26) per share and per ADS.
Key figures
- Eps
- KRW 3,503 (US$2.26) basic and diluted per share/ADS
- Revenue
- KRW 161,884 million (US$104,524 thousand)
- Net Income
- KRW 24,341 million (US$15,717 thousand) attributable to parent company
- Revenue Yoy
- -5.2% YoY; flat QoQ
- Total Assets
- KRW 815,075 million (US$526,269 thousand)
- Cash Position
- KRW 649,231 million (US$419,189 thousand) in cash and cash equivalents plus short-term financial instruments as of June 30, 2026
- Fx Rate Used
- KRW 1,548.78 per US$1.00 (June 30, 2026 noon buying rate)
- Net Profit Qo Q
- -17.2%
- Net Profit Yoy
- +83.8%
- Operating Profit
- KRW 27,582 million (US$17,810 thousand)
- Profit Before Tax
- KRW 32,470 million (US$20,966 thousand), +73.6% YoY / -15.3% QoQ
- Mobile Game Revenue
- KRW 128,611 million (US$83,040 thousand), -10.7% YoY
- Online Game Revenue
- KRW 29,660 million (US$19,151 thousand), +35.0% YoY
- Operating Profit Qo Q
- -10.5%
- Operating Profit Yoy
- +40.2%
- Weighted Average Shares
- 6948900
AI analysis
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