)
Netmarble (251270) investor relations material
Netmarble Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 revenue was KRW 651.7 billion, up 4.5% YoY but down 18.3% QoQ, with EBITDA at KRW 83.9 billion, up 2.8% YoY but down 43.7% QoQ.
Net income surged to KRW 210.9 billion, primarily due to gains from asset disposals.
Operating profit reached KRW 53.1 billion.
New titles Stone Age: Idle Adventure and The Seven Deadly Sins: Origin contributed to revenue growth despite limited launch periods.
Financial highlights
EBITDA margin was 12.9% in Q1.
Operating expenses were KRW 598.6 billion, down 12.8% QoQ and up 4.2% YoY.
Marketing expense ratio increased by 3.4pp QoQ due to new launches; labor expenses declined 7.9% QoQ and 2.6% YoY.
Commission costs fell 8.3% YoY to KRW 200.9 billion, with commission rate dropping 0.8pp QoQ to 30.8% as proprietary IP revenue share increased.
Net profit margin (controlling) was 32.2% in Q1 2026, up from -6.1% in Q4 2025.
Segment performance
Major titles, including Jackpot World, Lotsa Slots, MARVEL Contest of Champions, and Cash Frenzy, each contributed 6–8% of revenue; new releases diversified the portfolio.
Regional revenue: North America 41%, Korea 21%, Europe 13%, Southeast Asia 12%, Japan 7%, others 6%.
Genre mix: Casual 40%, RPG 37%, MMORPG 16%, others 7%.
- Record revenue and EBITDA growth in 2025, with strong margins and higher shareholder returns ahead.251270
Q4 202513 Apr 2026 - Record Q2 revenue and profit driven by new games, cost efficiency, and asset liquidation.251270
Q2 20242 Feb 2026 - Q3 revenue up YoY, down QoQ; major new titles and global expansion set for 2025.251270
Q3 202416 Jan 2026 - Q1 revenue up 6.6% YoY, with profit rebound and new games fueling future growth.251270
Q1 202523 Dec 2025 - Revenue and profit surged on new game launches, cost efficiency, and HYBE share gains.251270
Q2 202523 Nov 2025 - Q3 revenue rose 7.5% YoY, with Q4 expected to surpass Q3 on global title expansion.251270
Q3 20256 Nov 2025 - 2024 revenue up 6.5% YoY, but Q4 net loss from asset impairments; nine new games set for 2025.251270
Q4 20246 Jun 2025
Next Netmarble earnings date
Next Netmarble earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)