Krafton Inc
KRX:259960

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Krafton Inc
KRX:259960
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Price: 247 500 KRW 0.81% Market Closed
Market Cap: 11.7T KRW

Krafton Inc
Investor Relations

Krafton Inc., a South Korean titan in the gaming industry, has risen to prominence largely on the back of its colossal hit, "PlayerUnknown’s Battlegrounds" (PUBG). This battle royale game transformed the landscape of online gaming by introducing a gripping, last-man-standing format that captivated millions of players around the globe. With this winning formula, Krafton successfully diversified its revenue streams beyond initial game sales to include in-game purchases, cosmetic upgrades, and seasonal battle passes, all of which keep players engaged and spending. This model, supported by recurring revenue, offers insights into the company’s strategic mastery at driving user engagement and monetization.

Despite the monumental success of PUBG, Krafton Inc. has not rested on its laurels. Recognizing the mercurial nature of the gaming market, the company has embarked on an ambitious journey to broaden its portfolio and future-proof its business against market volatility. To this end, Krafton is investing heavily in new technologies and content, exploring avenues such as narrative-driven games, and showcasing its prowess in developing immersive virtual worlds. By leveraging its expertise in crafting engaging experiences and tapping into emerging trends like artificial intelligence and extended reality, Krafton aims to sustain its growth and secure its place as a mainstay in the highly competitive gaming industry. Through these strategic and innovative endeavors, Krafton continues to craft its story of resilience and adaptability, remaining a formidable player on the global gaming stage.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 4, 2025
AI Summary
Q3 2025

Record Revenue: Q3 2025 revenue reached KRW 870.6 billion, with cumulative revenue up 15% year-over-year to KRW 2.4069 trillion.

Profit Milestone: Cumulative operating profit surpassed KRW 1 trillion in just three quarters for the first time in KRAFTON’s history.

Strong PUBG Franchise: PUBG PC achieved its highest-ever quarterly sales, and BGMI posted its highest revenue, driven by localized content and user engagement.

AI-First Strategy: KRAFTON is adopting an AI-first approach, aiming to enhance productivity, but will maintain its previously announced five-year investment plan.

Growth in India: BGMI’s paying users grew by over 34% year-over-year, and KRAFTON expanded investments and partnerships in the Indian gaming market.

Upcoming Titles: Major new games, including Subnautica 2 and Palworld Mobile, are expected to launch in 2026, with even more releases planned for 2027.

Competitor Impact: New competitor titles caused some short-term traffic impact but management remains confident in PUBG's long-term strength.

Key Financials
Revenue
KRW 870.6 billion
Cumulative Revenue
KRW 2.4069 trillion
Operating Profit
KRW 348.6 billion
Cumulative Operating Profit
KRW 1 trillion
Net Income
KRW 369.4 billion
Adjusted EBITDA
KRW 389.8 billion
PC Revenue
KRW 353.9 billion
Mobile Revenue
KRW 488.5 billion
Console Revenue
KRW 10.2 billion
Other Revenue
KRW 18 billion
PUBG PC MAU
increased 9% Y-o-Y
PUBG PC Paying Users
grew 21% Y-o-Y
BGMI Paying Users
grew over 34% Y-o-Y
Personnel Expenses
KRW 155.5 billion
Application Fees & Cost of Sales
KRW 128.6 billion
Commission
KRW 141.6 billion
Marketing Expenses
KRW 43.3 billion
Stock-Based Compensation
KRW 5.4 billion
FX Gains
KRW 138.1 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Byung-Gyu Chang
Founder, Chairman of the Board & Chief Strategy Officer
No Bio Available
Mr. Changhan Kim
CEO & Executive Director
No Bio Available
Dong-geun Bae
Chief Financial Officer
No Bio Available
Mr. Oh Jin
Chief Global Publishing Officer
No Bio Available
Kang-Wook Lee
Head of Deep Learning Division
No Bio Available

Contacts

Address
SEOUL
Seoul
Centerfield, 231, Teheran-ro, Gangnam-gu
Contacts
+8215663771
krafton.com