Wemade announced on the 12th that its revenue for the second quarter of 2026, based on consolidated financial statements, reached approximately 108.3 billion KRW. For the same period, the company recorded an operating loss of about 21 billion KRW and a net profit of approximately 3.5 billion KRW.

Q2 revenue saw a 29% decline compared to the previous quarter, with the gaming division’s contribution slipping by about 8%. The drop was exacerbated by the absence of one-time licensing revenue linked to the resolution of the Legend of Mir 2 royalty dispute that bolstered the previous quarter's figures, effectively pushing operating profits into the red.

Year-on-year, revenue fell by approximately 7%. However, the operating loss narrowed from roughly 28.5 billion KRW in Q2 2025 to 21 billion KRW, largely thanks to tighter control over staffing and marketing expenses. Total revenue for the first half of 2026 stands at approximately 261.6 billion KRW—a marginal increase over the 258.7 billion KRW reported in H1 2025. Furthermore, the H1 operating loss shrank to 12.5 billion KRW, down significantly from the 39.9 billion KRW loss during the same period last year, signaling that the push for fiscal efficiency is gaining traction.

Wemade is now looking to pivot through a flurry of new titles. Most notably, the company confirmed that the new project based on the globally successful Night Crows IP will be titled Night Crows W, with a simultaneous global launch currently in the works. The original Night Crows also secured a publishing license for the Chinese market back in June.

The performance of subsidiaries Wemade Max and Wemade Play was also brought to light. Wemade Max reported H1 2026 consolidated revenue of 66.4 billion KRW with a net loss of 25.5 billion KRW. Q2 revenue reached 33.7 billion KRW, a 2.1% increase year-on-year, while the operating loss of 15.4 billion KRW shows a narrowing deficit. Wemade Max is currently developing Project Tal, Project MO, and Mir 5, while Wemade Connect works on new titles based on the Hundred Note IP and the collectible RPG Noah.

Wemade Play posted H1 2026 consolidated revenue of 64.6 billion KRW, with an operating profit of 6 billion KRW and a net profit of 9.8 billion KRW. Q2 figures show 32.2 billion KRW in revenue, 2.6 billion KRW in operating profit, and 3.6 billion KRW in net profit—marking a 9% rise in revenue and a 6% increase in operating profit compared to the same period last year. Wemade Play plans to roll out match-three and merge-genre titles under Project R and Project G, while its subsidiary PlayLinks is prepping a lineup of casual social casino games.