Updated Jun 1, 2026 by Pearl Abyss
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.
Operating expenses rose 72.7% quarter-over-quarter to KRW 116.4 billion, driven by a 193.1% increase in commissions and a 151.6% increase in advertising spend related to the Crimson Desert launch.
The company projects full-year 2026 operating revenue between KRW 879.0–975.4 billion, targeting an improved operating margin of 55.5–58.7%.
Future development strategy focuses on a 2–3 year release cycle, with DokeV currently in pre-production and Plan 8 in the conceptualization phase.
Pearl Abyss completed the sale of its subsidiary, Fenris Creations, to management in May 2026 while maintaining provisions for future collaboration.
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.
Operating expenses rose 72.7% quarter-over-quarter to KRW 116.4 billion, driven by a 193.1% increase in commissions and a 151.6% increase in advertising spend related to the Crimson Desert launch.
The company projects full-year 2026 operating revenue between KRW 879.0–975.4 billion, targeting an improved operating margin of 55.5–58.7%.
Future development strategy focuses on a 2–3 year release cycle, with DokeV currently in pre-production and Plan 8 in the conceptualization phase.
Pearl Abyss completed the sale of its subsidiary, Fenris Creations, to management in May 2026 while maintaining provisions for future collaboration.