Stellar Blade
Game
Documents about Stellar Blade
Shift Up 4Q25 Earnings Results
Shift Up achieved record-breaking annual financial results for fiscal year 2025, reporting total revenue of 294 billion KRW and an operating profit of 181 billion KRW.
- Shift Up reported record-breaking annual results for fiscal year 2025 with 294 billion KRW in total revenue and 181 billion KRW in operating profit.
- Fourth-quarter 2025 revenue reached 64.1 billion KRW, a 1% year-over-year increase, with an operating profit of 37.1 billion KRW.
- Operating expenses for Q4 2025 rose 4% quarter-over-quarter to 27 billion KRW, driven by live service investments despite lower variable transaction fees.
Shift Up 3Q25 Earnings Results
Shift Up’s third-quarter 2025 earnings report highlights a period of strong financial performance driven by the sustained popularity of its core intellectual properties, Goddess of Victory: NIKKE and Stellar Blade.
- Shift Up reported 75.5 billion KRW in total operating revenue for 3Q25, a 30.1% year-over-year increase, with a high operating profit margin of 65.6%.
- Operating profit reached 49.5 billion KRW, while net profit hit 54.6 billion KRW, significantly aided by foreign exchange gains and financial income.
- Goddess of Victory: NIKKE remains the primary revenue driver, contributing 44.5 billion KRW through consistent global traffic and seasonal events.
Shift Up 2Q25 Results
Shift Up achieved record-breaking financial performance in the second quarter of 2025, driven by the successful expansion of its flagship intellectual properties into new markets and platforms.
- Shift Up reported record 2Q25 revenue of 112.4 billion KRW, a 72.4% year-over-year increase, with an operating profit of 68.2 billion KRW and a 60.7% operating margin.
- The PC release of Stellar Blade on Steam sold over 1 million units in three days and reached nearly 200,000 concurrent users, pushing total lifetime sales across all platforms past 3 million units.
- Goddess of Victory: NIKKE remains a stable revenue driver, bolstered by its expansion into the Chinese market under the title Goddess of Victory: NEW HOPE and ongoing cross-IP collaborations.
Shift Up 1Q25 Results
Shift Up’s first-quarter 2025 financial results demonstrate a period of stable performance and strategic preparation for upcoming platform expansions and regional launches.
- Shift Up reported 1Q25 revenue of 42.2 billion KRW, a 13% year-over-year increase, and an operating profit of 26.3 billion KRW.
- Goddess of Victory: NIKKE remains the primary revenue driver, maintaining stable user engagement through seasonal events and collaborations in South Korea and North America.
- Stellar Blade continues to show steady momentum, with a PC platform expansion scheduled for release in June 2025.
Shift Up 4Q24 & FY2024 Financial Results
Shift Up’s financial results for the fourth quarter and full fiscal year 2024 demonstrate significant growth, driven by the sustained performance of its flagship intellectual properties.
- Shift Up achieved 219.9 billion KRW in annual revenue for 2024, a 30.4% year-over-year increase, with an annual operating profit of 148.6 billion KRW, up 33.8%.
- The company maintained a high 71% operating profit margin in Q4 2024, bolstered by disciplined cost management that saw labor costs drop 49% quarter-over-quarter.
- Growth is primarily driven by the mobile title Goddess of Victory: NIKKE and the successful April 2024 launch of the AAA console title Stellar Blade.
Shift Up 3Q 2024 Results
Shift Up’s third-quarter 2024 financial results reflect a period of stabilization following the initial launch surge of its major titles.
- Shift Up reported 58 billion KRW in Q3 2024 revenue, a 52.3% year-over-year increase but an 11% decline compared to the previous quarter.
- Operating profit reached 36 billion KRW with a 61.3% margin, though this represents a 21% decrease quarter-over-quarter due to softening revenue from Goddess of Victory: Nikke and Stellar Blade.
- Operating expenses rose 11.1% to 22.4 billion KRW, driven by an 11% increase in labor costs and a headcount expansion to 314 employees.
Q2 2026 Earnings Release: Shift Up
Shift Up’s Q2 2026 earnings release highlights a period of stable financial performance and strategic preparation for future growth.
- Shift Up reported Q2 2026 revenue of KRW 55.7 billion, a 17.8% increase quarter-over-quarter, alongside a net profit of KRW 41.7 billion.
- The company maintains a high operating profit margin of 50.5%, despite a 50.4% year-over-year revenue decline.
- Goddess of Victory: NIKKE remains the primary revenue driver, achieving top-grossing status in Korea and Japan following its 3.5th-anniversary update.
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