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Extra Everything: The Story of Chipotle
Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
NC (036570) investor relations material
NC Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary13 May, 2026
Executive summary
Q1 2026 revenue surged to KRW 557.4 billion, up 38% QoQ and 55% YoY, driven by Aion 2, Lineage Classic launch, and new Mobile Casual business contributions.
Operating income reached KRW 113.3 billion, up 3,389% QoQ and 2,070% YoY, with a 20% operating margin.
Net income was KRW 152.4 billion, up 563% QoQ and 499% YoY.
Financial highlights
Revenue: KRW 557.4 billion (+38% QoQ, +55% YoY).
Operating income: KRW 113.3 billion (+3,389% QoQ, +2,070% YoY).
Net income: KRW 152.4 billion (+563% QoQ, +499% YoY).
Operating expenses: KRW 444.1 billion (+11% QoQ, +25% YoY).
Labor costs: KRW 244.0 billion (+23% QoQ, +30% YoY).
Segment performance
PC revenue hit KRW 318.4 billion (+69% QoQ, +210% YoY), an all-time quarterly high.
Mobile revenue was KRW 182.8 billion (-3% QoQ, -14% YoY).
Mobile Casual revenue contributed KRW 35.5 billion, reflecting Lihuhu and Springcomes consolidation.
Lineage Classic generated KRW 83.5 billion in revenue; Aion 2 posted KRW 136.8 billion (+77% QoQ).
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Latest events from NC
- Q3 loss deepens as higher costs and restructuring drive focus on new game launches for 2025.036570
Q3 202417 Mar 2026 - FY25 net income jumped 269% year-over-year, driven by a one-time real estate sale.036570Q4 202510 Feb 2026
- Sales and profit fell, but net income rose on non-operating gains and FX effects.036570Q2 20242 Feb 2026
- Q1 profit rebounded on cost cuts; strong 2025 sales growth expected from new and legacy IPs.036570Q1 202527 Dec 2025
- Sales and operating profit rose, but FX losses led to a net loss; new titles and expansions ahead.036570Q2 202523 Nov 2025
- Q3 net income soared on one-time gains despite a 10% YoY sales drop and operating loss.036570Q3 202511 Nov 2025
- Sales dropped, costs rose, but restructuring and new titles aim for a second-half rebound.036570Q4 20246 Jun 2025
Next NC earnings date
Q2 202611 Aug, 2026
Next NC earnings date
Q2 202611 Aug, 2026
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