Ncsoft Reported For The Fourth Quarter – Best Pick
: Steady performance from Guild Wars 2 expansions helped support sequential growth in the PC online category.
: KRW 1.5 billion, attributed primarily to a spike in corporate tax expenses and the absence of one-time gains seen in previous quarters.
: Annual operating expenses fell 12% YoY, with significant reductions in personnel (down 14%) and marketing (down 18%) costs. Platform Breakdown Q4 Revenue (KRW) Mobile 178.1 billion Saw a decline as some titles were removed from the segment. PC Online 168.2 billion Represents a 92% QoQ jump driven by new launches. Outlook for 2026
: Management is targeting the upper end of its KRW 2.0–2.5 trillion revenue guidance for 2026.
: NCSOFT plans to expand AION 2 services globally and launch new IPs such as Cinder City , Time Takers , and Limit Zero Breakers .
: KRW 404.2 billion, a 12% increase quarter-over-quarter (QoQ), but a 1% decline year-over-year (YoY).
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