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NEXON
NEXON (3659) investor relations material
NEXON Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
Achieved record full-year revenue of ¥475.5 billion in 2025, up 6–6.5% year-over-year, driven by strong core franchises and successful new titles including ARC Raiders, MapleStory: Idle RPG, and MABINOGI MOBILE.
ARC Raiders sold over 14 million units since launch, becoming the most successful new product and validating global blockbuster potential.
MapleStory: Idle RPG reached #1 in multiple Asian markets, contributed significantly to revenue, but faced a coding error that led to a full refund offer and process reforms.
Entered 2026 with a diversified, globally competitive portfolio and strong engagement across established and new IPs.
Key franchises like Dungeon & Fighter and MapleStory showed mixed results, with MapleStory revenue increasing and Dungeon & Fighter franchise revenue declining due to mobile segment weakness.
Financial highlights
Full-year revenue was ¥475.5 billion (up 6–6.5% year-over-year); operating income flat at ¥124.0 billion; net income down 31.7–32% to ¥92.1 billion.
Q4 2025 revenue rose 55% year-over-year to ¥123.6 billion; operating income was ¥7.2 billion; net income was ¥10.9 billion.
Deferred ¥27.7 billion of ARC Raiders revenue in Q4, with about half to be recognized in Q1 2026.
Cash and cash equivalents at year-end 2025 were ¥498.9 billion, up ¥166.9 billion from prior year.
Basic earnings per share for FY2025 was ¥114.48, down from ¥161.79 in the prior year.
Outlook and guidance
Q1 2026 revenue forecast: ¥150.5–164.0 billion (up 32.1–44.0% year-over-year); operating profit forecast: ¥51.2–61.1 billion (up 23.0–46.9%).
Q1 2026 profit attributable to owners of parent: ¥40.9–48.4 billion (up 55.7–84.4% year-over-year).
Growth expected from MapleStory, ARC Raiders, Dungeon & Fighter (PC), and new titles, with continued global expansion.
Regional outlook: Korea and Rest of World to see revenue growth; China to decline due to Dungeon & Fighter Mobile.
New titles and pipeline games to be introduced in 2026, with more details at the March capital markets briefing.
How does Nexon grow established IPs?
What drove North America's segment profit turnaround?
What is the impact of treasury share cancellation?
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Next NEXON earnings date
Investor Day 202631 Mar, 2026
NEXON
Next NEXON earnings date
Investor Day 202631 Mar, 2026
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Frequently asked questions
NEXON Co., Ltd. is a company active in the global gaming industry, specializing in the development, production, and provision of online games. Established in 1994, the company has carved a niche for itself by offering a diverse range of personal computer (PC) online games and mobile games, alongside related services. NEXON is known for popular game titles such as MapleStory and Dungeon & Fighter, which have garnered a significant player base worldwide. The company's portfolio extends to more than a hundred PC online and mobile games across various regions, including China, Japan, Korea, Europe, and North America. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.
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