Gravity Co ( (GRVY) ) has released its Q3 earnings. Here is a breakdown of the information Gravity Co presented to its investors.
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Gravity Co., Ltd., based in South Korea, is a developer and publisher of online and mobile games, known for its flagship product, Ragnarok Online, which is popular in multiple regions including Japan and Taiwan.
In the third quarter of 2025, Gravity Co. reported a mixed financial performance with a decline in total revenues compared to the previous quarter, but an increase year-over-year. The company also highlighted several new game launches and strategic expansions in various global markets.
Key financial metrics revealed a total revenue of KRW 138,894 million, marking an 18.7% decrease from the previous quarter but an 8.2% increase from the same period last year. Operating profit increased by 8.2% quarter-over-quarter but decreased by 22.8% year-over-year. The net profit attributable to the parent company rose by 50% quarter-over-quarter, despite an 11.2% year-over-year decline. The company attributed these fluctuations to varying performances in its online and mobile game segments, with notable launches like Ragnarok Zero and Ragnarok M: Classic impacting results.
Strategically, Gravity Co. has been expanding its game offerings with multiple new launches across different regions. Notable releases include Ragnarok Idle Adventure Plus in Korea, Ragnarok 3, and Ragnarok Libre globally, as well as several others planned for 2026. These expansions are part of Gravity’s efforts to strengthen its presence in the global gaming market.
Looking ahead, Gravity Co. remains focused on its strategic initiatives to enhance its game portfolio and expand its market reach. The management’s outlook suggests continued efforts in launching new games and exploring opportunities in emerging markets, which are expected to drive future growth.