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Black Desert

GameBy Pearl Abyss

Documents about Black Desert

Cover of 1Q26 Pearl Abyss Earnings Letter
Financial report8 pages

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.
Pearl AbyssMay 2026
Cover of Pearl Abyss 4Q25 Earnings Presentation
Financial report12 pages

Pearl Abyss 4Q25 Earnings Presentation

The Pearl Abyss 4Q25 earnings presentation outlines the company’s financial performance for the final quarter of 2025 and provides a strategic outlook for 2026.

  • Pearl Abyss reported an operating loss of 8.4 billion KRW and a net loss of 14.4 billion KRW in 4Q25, marking a shift away from previous quarterly profitability.
  • Operating revenue for 4Q25 fell to 95.5 billion KRW, representing a 10.6% decline compared to the third quarter.
  • Operating expenses increased to 103.9 billion KRW, an 8% rise driven by a 3% growth in headcount to 1,363 employees and higher labor costs.
Pearl AbyssFeb 2026