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Gaming firm GRAVITY posts Q4 revenue decline on lower sales from Ragnarok M: Classic

ReutersFeb 13, 2026 11:24 AM


Overview

  • South Korea game developer's preliminary Q4 revenue fell 18.6% QoQ and 12.9% YoY

  • Preliminary Q4 operating profit was KRW 12 bln

  • Revenue decline attributed to decreased sales from Ragnarok M: Classic


Outlook

  • Company plans to launch Ragnarok Online 3 in China in Q4 2026

  • GRAVITY to launch Ragnarok: The New World globally in H2 2026

  • Company plans multiple game launches globally in second half of 2026


Result Drivers

  • RAGNAROK M: CLASSIC SALES - Decreased sales from Ragnarok M: Classic contributed to revenue decline


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

KRW 113 bln

Q4 Operating Profit

KRW 12 bln

Press Release: ID:nGNX5mMnVF

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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