Shift Up has shattered its own records, posting its highest-ever quarterly revenue and operating profit, largely off the back of the Stellar Blade Steam launch this past June.

Shift Up released its 2025 Q2 financial results on the 11th. The studio pulled in 112.4 billion KRW in revenue with an operating profit of 68.2 billion KRW. Both figures represent quarterly highs, marking a 72.4% increase in revenue and a 51.6% rise in operating profit compared to the same period last year. For the first half of the year, Shift Up accumulated 154.6 billion KRW in revenue and 94.5 billion KRW in operating profit, up 50.7% and 33.2% respectively year-on-year.

The star of the show this quarter was undoubtedly the Steam version of Stellar Blade. Since its June 12th release, it crossed the 1 million unit sales mark in just three days—the fastest for any Korean-made PC game on the platform. Combined with PS5 sales, the total cumulative figure has now surged past 3 million copies.

In monetary terms, Stellar Blade brought in 65.7 billion KRW this quarter, a staggering 154.1% increase from the previous year. While Goddess of Victory: Nikke (hereafter Nikke) and Stellar Blade accounted for 58.9% and 39.6% of total revenue in Q2 last year, the dynamic has shifted; this quarter, Stellar Blade took the lead at 58.5%, leaving Nikke at 40.1%.

Regarding this stellar performance, Shift Up noted that the PC version peaked at nearly 200,000 Concurrent Players on Steam and achieved an 'Overwhelmingly Positive' rating (98% positive). The studio proudly pointed out that this peak Concurrent Players count was two to five times higher than those of Sony’s major first-party ports, including Ghost of Tsushima, God of War, Marvel's Spider-Man, Horizon Zero Dawn, and The Last of Us.

Meanwhile, Nikke generated 45.1 billion KRW, up about 17.3% year-on-year. Shift Up attributed this to the successful Chinese launch and a steady MAU maintained through 2.5-year anniversary events in April and May, followed by the June collaboration with Stellar Blade. The developer highlighted that the Stellar Blade crossover was a particular hit with global players. For the second half of the year, the goal is to maintain momentum with seasonal events and the upcoming 3rd-anniversary celebration.

Finally, development is underway for 'Project Spirit,' a new subculture title for PC and mobile. Following the initial concept art reveal and the start of recruitment in June, the team is targeting a 2027 release, with plans to share more on the development direction later this year.