EarningsQ2 2025 Earnings Report

NEXON Co (3659N) Q2 2025 Earnings Report

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Previous Report: Q1 2025

Next Report: Q3 2025

MX:3659N Q2 2025 EPS Results

Actual EPS$2.08

Consensus EPS$2.91

Beat/MissMissed by -$0.83

One Year Ago EPS$4.74

MX:3659N Q2 2025 Revenue Results

Actual Revenue$13.66B

Expected Revenue$12.18B

Beat/MissBeat by +$1.48B

YoY Revenue Growth-2.96%

Earnings Announcement Details

QuarterQ2 2025

Date08/13/2025

TimeDuring Market Hours

Conference CallWednesday, August 13, 2025

MX:3659N Upcoming Earnings

NEXON Co's next earnings date is estimated for November 10, 2026, based on past reporting schedules.

Q2 2025 Earnings Call Audio

MX:3659N Q2 2025 Earnings Call

0:00 / 0:00

Q2 2025 Earnings Slide Deck

Q2 2025 Earnings Call Summary

Q2 2025

Earnings Call Date:Aug 13, 2025|

% Change Since:

Earnings Call Sentiment|Neutral

NEXON demonstrated strong performance in key franchises and successful new title launches, with significant growth in Dungeon&Fighter PC and MapleStory. However, the earnings were negatively impacted by FX losses and challenges in sustaining player engagement, particularly in Dungeon&Fighter Mobile.

Company Guidance

During NEXON's 2025 Q2 earnings call, the company reported a robust performance, exceeding expectations in revenue and operating income, despite facing FX headwinds. Key highlights included a 60% year-over-year (YoY) revenue growth in the MapleStory franchise, driven by strong performance in Korea and expansion into new regions, alongside a 67% YoY revenue growth in Dungeon&Fighter PC. NEXON achieved Q2 revenues of JPY 118.9 billion and operating income of JPY 37.7 billion, surpassing guidance by 8% and 21%, respectively. While net income fell short at JPY 16.8 billion due to a JPY 17.5 billion FX loss, the company saw a 132% YoY revenue increase in Korea and double-digit growth in China due to successful content updates. Looking ahead, NEXON anticipates strong performances in Q3 from its flagship titles, despite an expected YoY revenue decline of 6% to 14% on an as-reported basis. The upcoming release of ARC Raiders on October 30 and the expansion of the MABINOGI MOBILE franchise are expected to support future growth.

Strong Performance in Key Franchises

Dungeon&Fighter PC saw a 67% YoY revenue growth, while MapleStory achieved 60% YoY revenue growth. In Korea, quarterly revenue for these titles set new records with MAUs and PUs nearly doubling, resulting in 132% YoY revenue growth.

Successful Launch of New Titles

MABINOGI MOBILE exceeded expectations with strong MAUs, PUs, and ARPPU. Additionally, ARC Raiders, set for release on October 30, is currently the sixth most wish-listed game on Steam.

Strong Revenue and Operating Income Performance

Q2 revenue reached JPY118.9 billion, 8% above the high end of guidance, while operating income was JPY37.7 billion, 21% above guidance.

Shareholder Return Initiatives

Under a JPY100 billion buy-back policy, JPY50 billion worth of shares were repurchased by June, with further repurchases planned.

MX:3659N Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 10, 2026	2026 (Q3)	2.49 / -	4.723	―
Aug 13, 2026	2026 (Q2)	2.15 / 3.74	2.079	79.88% (+1.66)
May 14, 2026	2026 (Q1)	4.83 / 7.19	3.192	125.19% (+4.00)
Feb 12, 2026	2025 (Q4)	4.43 / 1.38	3.849	-64.06% (-2.47)
Nov 11, 2025	2025 (Q3)	3.06 / 4.72	3.242	45.67% (+1.48)
Aug 13, 2025	2025 (Q2)	2.91 / 2.08	4.738	-56.12% (-2.66)
May 13, 2025	2025 (Q1)	3.09 / 3.19	4.251	-24.90% (-1.06)
Feb 13, 2025	2024 (Q4)	0.50 / 3.85	-2.608	247.60% (+6.46)
Nov 12, 2024	2024 (Q3)	4.91 / 3.24	4.103	-20.98% (-0.86)
Aug 08, 2024	2024 (Q2)	4.20 / 4.74	2.868	65.18% (+1.87)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed