Netmarble has hit a record-breaking annual revenue high, riding the momentum of new titles released last year, such as Seven Knights Re:BIRTH and Vampir. Operating profit also saw a hefty 63.5% jump compared to the previous year.

On the 5th, Netmarble pulled back the curtain on its 2025 full-year and Q4 financial results. For the full year of 2025, the company posted 2.8351 trillion KRW in revenue, 352.5 billion KRW in operating profit, and 245.1 billion KRW in net profit. Revenue climbed 6.4% year-on-year, while operating profit and net profit surged by 63.5% and 7,519.7% respectively—marking the highest annual revenue in the company's history. CEO Byung-Gyu Kim noted, "We achieved our best-ever performance through the success of three cross-genre titles, bolstered live service capabilities, and streamlined cost structures."

Looking specifically at Q4, the company clocked in 797.6 billion KRW in revenue, 110.8 billion KRW in operating profit, and a net loss of 35.9 billion KRW. While revenue and operating profit grew by 22.9% and 214.8% respectively—making it their strongest fourth quarter ever—the net loss was dragged down by an impairment charge following the termination of King Arthur: Legend Rise.

In terms of individual game performance for Q4 2025, Seven Knights Re:BIRTH took the top spot, contributing 15% of the total revenue. Other heavy hitters included Vampir (7%) and RF Online Next (4%). By genre, the split was RPG at 42%, casual games at 33%, MMORPG at 18%, and others at 7%. Netmarble credited the growth to seasonal updates from overseas subsidiaries and the successful regional expansion of established titles like Seven Knights Re:BIRTH.

Overseas revenue reached 2.0704 trillion KRW for the full year and 614.3 billion KRW in Q4, accounting for 73% and 77% of total revenue respectively. The Q4 breakdown by region shows North America at 39%, Korea at 23%, Europe at 12%, Southeast Asia at 12%, Japan at 7%, and others at 7%.

Q4 operating expenses hit 686.8 billion KRW, an 11.9% increase year-on-year. Commission fees accounted for the largest share at 252.3 billion KRW (up 8.9%), followed by labor costs at 182 billion KRW (up 1.8%), and marketing expenses at 178.7 billion KRW (up 48.3%).

Regarding commission fees, Netmarble expects rates to drop further this year. CFO Ki-Wook Do explained, "As the proportion of PC revenue continues to climb through the end of 2025, commission rates are naturally tapering off. With the expansion of PC-based payments in overseas subsidiaries and a friendlier app market environment, we expect to see even lower rates compared to 2025."

The company plans to keep marketing spend at around 20% of revenue, consistent with last year, and expects labor costs to remain stable given the current headcount. "In conclusion," Do added, "our cost projections for 2026 will reflect a more efficient operation overall."

Netmarble is set to drop 8 new titles this year. Q1 will see the launch of Stone Age Raising and The Seven Deadly Sins: Origin, followed by Sol: enchant and Mongil: Star Dive in Q2. The second half of the year will bring Solo Leveling: Karma, Shangri-La Frontier, Project Octopus, and Evilbane. CEO Byung-Gyu Kim stated, "We are committed to sustained growth by rolling out these 8 titles we have poured our hearts into, starting from the first quarter."

Financially, the company is aiming for significant revenue growth compared to last year, driven by major releases like The Seven Deadly Sins: Origin and Mongil: Star Dive. The strategy is to maintain this upward trend by balancing aggressive growth with disciplined cost efficiency.

Finally, the company announced its shareholder return policy. For the 2025 fiscal year, they will issue a cash dividend of 71.8 billion KRW (876 KRW per share), representing 30% of their net profit, and will retire all 4.7% of their treasury shares. Additionally, they plan to expand the shareholder return ratio up to 40% between this year and 2028.