Press Releases April 24, 2026 06:05 AM

GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2025

GRAVITY Files Annual Report for Fiscal Year 2025 Showing Revenue Growth Amid Profit Declines

By Sofia Navarro GRVY
GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2025
GRVY

GRAVITY Co., Ltd. filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, reporting an 11.9% increase in consolidated revenue to KRW 560.5 billion. However, operating profit and net profit attributable to the parent company declined by 9.4% and 20.6% respectively compared to 2024. The company, known for its popular online game Ragnarok Online, continues its global presence in 91 regions.

Key Points

  • Revenue increased by 11.9% to KRW 560,548 million in fiscal 2025 compared to 2024.
  • Operating profit decreased by 9.4% to KRW 77,396 million reflecting margin pressures or higher costs.
  • Net profit attributable to the parent company dropped by 20.6% to KRW 67,464 million indicating potentially reduced bottom-line profitability.
  • GRAVITY maintains a strong international footprint with Ragnarok Online offered commercially in 91 regions, emphasizing its significance in the online gaming sector.

Seoul, Korea, April 24, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or the “Company”) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission on April 24, 2026. The annual report can be accessed on the Company’s investor relations Web site at https://www.gravity.co.kr/en/ir/notice

The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea.

In the annual report on Form 20-F, the consolidated revenue is KRW 560,548 million, the operating profit is KRW 77,396 million, and the net profit attributable to parent company is KRW 67,464 million for the fiscal year ended December 31, 2025.

(In millions of KRW)

 20252024YoYRevenue560,548500,845+11.9%Operating profit77,39685,384-9.4%Net profit attributable to parent company67,46484,919-20.6%


About GRAVITY Co., Ltd. ---------------------------------------------------
Based in Korea, Gravity is a developer and publisher of online and mobile games. Gravity's principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 regions. For more information about Gravity, please visit http://www.gravity.co.kr.

Contact:
Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: [email protected]

Ms. Jin Lee
Ms. Jimin Park
IR Unit
Gravity Co., Ltd.
Email: [email protected]
Telephone: +82-2-2132-7800


Risks

  • Declines in operating and net profits despite revenue growth suggest possible margin compression or increased expenses, potentially impacting investor confidence in profitability recovery.
  • GRAVITY operates predominantly in the online and mobile gaming sectors, which are highly competitive and subject to rapid technological changes and shifting consumer preferences.
  • Exposure to multiple international markets including Japan and Taiwan introduces foreign exchange and geopolitical risks, which could affect future financial performance.

More from Press Releases

Fiverr Announces First Quarter 2026 Results Apr 29, 2026 Nayax to Report 2026 Q1 Earnings on May 12, 2026 Apr 28, 2026 Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2025 Apr 28, 2026 Mesoblast Achieves Patient Recruitment Target in Pivotal Phase 3 Trial for Chronic Low Back Pain Apr 28, 2026 Syntec Optics (Nasdaq: OPTX) Announces Pricing of $20 Million Underwritten Public Offering of Common Stock Apr 28, 2026