MapleStory
GameBy Wizet · Released Apr 29, 2003
Documents about MapleStory
Nexon Q4 2025 Earnings Letter
Nexon’s 2025 fiscal performance underscores the successful execution of its IP Growth Initiative, which focuses on scaling established franchises while diversifying its portfolio through new, globally competitive titles.
- Nexon achieved record-high annual revenue of ¥475.1 billion in 2025, representing a 6% year-over-year increase.
- The launch of ARC Raiders drove significant engagement with 14 million units sold in 15 weeks, peaking at 960,000 concurrent users in January 2026.
- Nexon maintains a strong financial position with over ¥100 billion in operating cash flow for the eighth consecutive year and a cash balance exceeding ¥800 billion.
Nexon Releases Earnings for Fourth Quarter and Full-Year 2025
Nexon reported record-breaking financial results for the fiscal year ended December 31, 2025, driven by a strategic IP growth initiative that balanced the expansion of legacy franchises with successful new global launches.
- Nexon achieved record full-year 2025 revenue of ¥475.1 billion, a 6% year-over-year increase, with operating income holding steady at ¥124.0 billion.
- The new title ARC Raiders was a major growth driver, selling over 14 million units within 15 weeks and reaching a peak of 960,000 concurrent users.
- The 22-year-old MapleStory franchise reached record annual revenue with 43% year-over-year growth, helping to offset a 21% decline in the Dungeon&Fighter franchise.
![Cover of Consolidated Financial Results for the Fiscal Year Ended December 31, 2025 [IFRS]](https://files.gameindustrylibrary.com/thumbnails/6000/page-1.png)
Consolidated Financial Results for the Fiscal Year Ended December 31, 2025 [IFRS]
Nexon Group achieved record-breaking consolidated revenue of ¥475.1 billion for the fiscal year ended December 31, 2025, representing a 6.5% year-on-year increase.
- Nexon achieved record-breaking consolidated revenue of ¥475.1 billion for the fiscal year ended December 31, 2025, a 6.5% year-on-year increase driven by the Korea segment and PC online titles like Dungeon&Fighter and MapleStory.
- Profit attributable to owners declined 31.7% to ¥92.1 billion, impacted by foreign exchange losses, higher marketing and royalty expenses, and an ¥8.6 billion impairment loss on equity method investments.
- Nexon projects aggressive Q1 2026 growth, forecasting revenue between ¥139.7 billion and ¥164.0 billion, representing a 32.1% to 44.0% year-on-year increase.
FY2025 Q3 Online Earnings Presentation: Q&A Summary
The fiscal year 2025 third-quarter earnings question-and-answer session focuses on the performance, monetization strategies, and long-term operational roadmaps for key titles, specifically ARC Raiders, the Dungeon&Fighter franchise, and MapleStory: Idle RPG.
- ARC Raiders has reached 4 million units sold, with projections to hit 5 to 5.5 million units by the end of Q4 2025.
- Management is transitioning ARC Raiders from a package-sales model to a hybrid strategy featuring cosmetic in-game purchases and regular content updates.
- The company is finalizing a 2026 roadmap for the mobile version of Dungeon&Fighter in China, shifting toward a strategy of small, frequent updates to sustain engagement.
Nexon Q3 2025 Earnings Prepared Remarks
Nexon’s Q3 2025 earnings report highlights the successful execution of its IP Growth Initiative, a strategy focused on revitalizing established franchises through content updates and global expansion while simultaneously launching new titles.
- Nexon reported Q3 2025 revenue of ¥118.7 billion and operating income of ¥37.5 billion, both meeting internal projections.
- The MapleStory franchise is on track for its highest annual revenue in 22 years, with 40% of its earnings now originating outside of Korea.
- The October 30 launch of ARC Raiders sold over 4 million units and reached the top spot on the Steam best-seller list.
Nexon Releases Earnings for Third Quarter 2025
Nexon’s financial results for the third quarter of 2025 demonstrate a strategic focus on balancing the performance of established global franchises with the successful introduction of new intellectual property.
- Nexon reported Q3 2025 revenue of ¥118.7 billion and operating income of ¥37.5 billion, with a positive outlook for Q4 projecting revenue growth between 45% and 62%.
- The MapleStory franchise achieved 61% year-over-year revenue growth and is currently on track to record its highest annual revenue in its 22-year history.
- The new PvPvE extraction shooter ARC Raiders reached the top of Steam’s bestseller list with over four million units sold and high player retention.
Nexon Q3 2025 Earnings Letter
Nexon’s Q3 2025 earnings report highlights the successful execution of its IP Growth Initiative, a strategic framework designed to drive long-term, sustainable expansion through both vertical growth in established franchises and horizontal development of new revenue streams.
- Nexon reported Q3 2025 revenue of ¥118.7 billion and operating income of ¥37.5 billion, representing a year-over-year decline of 12% and 27% respectively due to a high-base effect from 2024 launches.
- Net income increased by 41% to ¥38.2 billion, primarily driven by favorable foreign exchange gains.
- The MapleStory franchise is on track for its highest annual revenue in 22 years, recording a 40% year-over-year revenue increase.
FY2025 Q2 Online Earnings Presentation: Q&A Summary
The FY2025 Q2 earnings Q&A session outlines a strategic focus on balancing stable, long-term revenue from established PC franchises with aggressive global expansion through new mobile and console titles.
- The company projects a near-tripling of sequential revenue for The First Descendant in Q3 following a major content update.
- ARC Raiders is scheduled for a competitive market launch on October 30, serving as a key pillar for the company’s Western expansion strategy.
- Dungeon&Fighter (PC) revenue is expected to decline slightly in Q3 due to front-loaded content updates, though year-over-year growth remains stable.
NEXON Q2 2025 Earnings Prepared Remarks
Nexon’s second-quarter 2025 performance reflects a successful strategy of revitalizing established intellectual property and scaling new service-based titles.
- Nexon reported Q2 2025 revenue of ¥118.9 billion and operating income of ¥37.7 billion, exceeding the high end of previous guidance despite a 3% year-over-year revenue decline as reported.
- Constant-currency revenue grew by 6% year-over-year, though net income was negatively impacted by a ¥17.5 billion foreign exchange loss on U.S. dollar-denominated cash holdings.
- The MapleStory franchise grew 60% year-over-year, driven by a 91% surge in the Korean PC version and a sevenfold increase in the MapleStory Worlds platform.
Nexon Semi-Annual Securities Report: 24th Fiscal Year
Nexon maintains a stable financial trajectory for the first half of the 2025 fiscal year, reporting total revenue of 232,784 million yen, a modest 0.8% increase compared to the previous year.
- Nexon reported total revenue of 232,784 million yen for the first half of the 2025 fiscal year, representing a modest 0.8% year-over-year increase.
- Net profit attributable to owners of the parent fell by 43.2% to 43,030 million yen, driven by adverse foreign exchange fluctuations and the revaluation of financial assets, including crypto-holdings.
- Operating profit remains stable at 79,309 million yen, supported by the IP Growth Initiative and the performance of core titles like Dungeon&Fighter, MapleStory, and the launch of MABINOGI MOBILE.
Nexon Earnings Results: Second Quarter 2025
Nexon’s second quarter 2025 financial results demonstrate a robust performance characterized by the revitalization of core franchises and successful regional expansion.
- Nexon reported Q2 2025 revenue of ¥118.9 billion, a 6% increase on a constant-currency basis, with operating income reaching ¥37.7 billion.
- Net income fell 58% to ¥16.8 billion, primarily due to a ¥17.5 billion foreign exchange loss compared to gains in the prior-year period.
- The MapleStory franchise grew 60% year-over-year, while Dungeon&Fighter (PC) achieved record quarterly revenue in Korea and strong growth in China.
Nexon Q2 2025 Earnings Letter
Nexon’s second quarter of 2025 demonstrates a successful execution of its strategy to revitalize core franchises while expanding its portfolio through new titles and regional growth.
- Nexon reported Q2 2025 revenue of ¥118.9 billion and operating income of ¥37.7 billion, exceeding the high end of its previous guidance by 8% and 21%, respectively.
- Core PC titles showed strong momentum, with MapleStory revenue growing 60% and Dungeon&Fighter (PC) revenue increasing 67% year-over-year.
- The company is positioning the Mabinogi IP as its fourth major revenue pillar, supported by the launch of MABINOGI MOBILE and the positive reception of Vindictus: Defying Fate.
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