Strong Q1 results with accelerating growth from new game launches. Watch for upcoming launches in 2H 2026 (Ragnarok Origin Classic in Americas, Ragnarok: The New World in Southeast Asia/Global) as potential catalysts. No guidance provided, so monitor next quarter for sustainability of momentum.
Price Chart
Executive Summary
GRAVITY reported strong Q1 2026 results with total revenue up 17.8% YoY to $106.3M and net profit up 33.4% YoY to $19.3M, driven by successful launches of Ragnarok: The New World and Ragnarok Origin Classic. Operating profit surged 24.7% YoY to $20.2M, reflecting improved operational efficiency. No forward guidance was provided, but the robust performance underscores momentum in the Ragnarok IP franchise.
Key Financial Metrics
Key Facts
- Total revenue: $106.3M, up 17.8% YoY and 42.7% QoQ
- Operating profit: $20.2M, up 24.7% YoY and 163.1% QoQ
- Net profit attributable to parent: $19.3M, up 33.4% YoY and 138.7% QoQ
- EPS: $2.78 (basic and diluted), up from $2.08 in Q1 2025
- Mobile game revenue grew 15.0% YoY to $87.2M, driven by new title launches
- Online game revenue grew 37.8% YoY to $17.0M, led by Ragnarok Online in Japan and Thailand
Financial Impact
Revenue grew 17.8% YoY to $106.3M; operating profit grew 24.7% YoY to $20.2M; net profit grew 33.4% YoY to $19.3M
Risk Factors
- Heavy reliance on Ragnarok IP for revenue concentration
- Intense competition in mobile gaming market
- Currency exposure (KRW/USD) could impact reported USD results
- No forward guidance limits visibility into future performance
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3290921 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 7, 2026 11w ago | 6-K | $68.12 | awaiting T+60 | — | $66.64 (−2.17%) |
Aug 7, 2026 11w ago | Press Release | $68.12 | awaiting T+60 | — | $66.64 (−2.17%) |
Jun 18, 2026 18w ago | 6-K | $65.52 $72.26 | ▲ +10.29% | ▲ +8.39% | $66.64 (+1.71%) |
May 8, 2026 24w ago | 6-K | $65.46 $62.71 | ▼ −4.20% | ▼ −9.04% | $66.64 (+1.80%) |
May 8, 2026 24w ago | Press Release | $65.46 $62.71 | ▼ −4.20% | ▼ −9.04% | $66.64 (+1.80%) |
Apr 24, 2026 26w ago | Press Release | $62.82 $62.22 | ▼ −0.96% | ▼ −6.04% | $66.64 (+6.08%) |
Mar 27, 2026 30w ago | 6-K | $61.40 $68.50 | ▲ +11.56% | ▼ −4.50% | $66.64 (+8.53%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers