Neowiz reported H1 2026 revenue of KRW 203.5 billion, a 2.2% year-over-year increase, while net profit surged 79.4% to KRW 33.9 billion due to financial asset valuation and foreign exchange gains.
02
Operating profit for H1 2026 fell 48.3% to KRW 14.9 billion, driven by higher variable costs linked to the company's shift toward mobile revenue growth.
03
Q2 2026 performance highlighted a strategic pivot, with mobile revenue rising 20.7% while PC and console revenue declined 35.1% year-over-year.
04
Growth is anchored by the 'BrownDust2' third anniversary and 'Cats & Soup' collaborations, with future pipeline projects including 'Kingdom 2', 'Goodbye Seoul: Itaewon', and a 'Lies of P' sequel.
05
The company reorganized its internal structure and appointed a new co-CEO with a development background to prioritize global publishing and operational efficiency.
06
Neowiz approved a KRW 5.0 billion treasury share buyback for fiscal year 2026, maintaining its commitment to a three-year capital return policy.
Insights
01
Neowiz reported H1 2026 revenue of KRW 203.5 billion, a 2.2% year-over-year increase, while net profit surged 79.4% to KRW 33.9 billion due to financial asset valuation and foreign exchange gains.
02
Operating profit for H1 2026 fell 48.3% to KRW 14.9 billion, driven by higher variable costs linked to the company's shift toward mobile revenue growth.
03
Q2 2026 performance highlighted a strategic pivot, with mobile revenue rising 20.7% while PC and console revenue declined 35.1% year-over-year.
04
Growth is anchored by the 'BrownDust2' third anniversary and 'Cats & Soup' collaborations, with future pipeline projects including 'Kingdom 2', 'Goodbye Seoul: Itaewon', and a 'Lies of P' sequel.
05
The company reorganized its internal structure and appointed a new co-CEO with a development background to prioritize global publishing and operational efficiency.
06
Neowiz approved a KRW 5.0 billion treasury share buyback for fiscal year 2026, maintaining its commitment to a three-year capital return policy.