Fenris Creations

1Q26 Pearl Abyss Earnings Letter

Pearl Abyss achieved a record-breaking first quarter of 2026, driven primarily by the launch of Crimson Desert.

• Pearl Abyss reported record 1Q26 financial results with KRW 328.5 billion in operating revenue, a 419.8% year-over-year increase, and KRW 212.1 billion in operating profit.
• The launch of Crimson Desert was the primary growth driver, generating KRW 266.5 billion—81% of total quarterly revenue—with 5 million copies sold within its first 26 days.
• Crimson Desert achieved a balanced sales split between PC and console platforms, while the legacy Black Desert title maintained stable performance with KRW 61.6 billion in revenue.