The Fourth Quarter: Ncsoft Reported For

Detailed reports and investor materials can be found on the NCSOFT IR Newsroom and Alpha Spread .

: Reached KRW 168.2 billion, the highest quarterly level since 2017, largely fueled by AION 2 . Key Growth Drivers NCSOFT reported for the fourth quarter

: KRW 3.2 billion, successfully reversing an operating loss from the same period in 2024. Detailed reports and investor materials can be found

: Annual operating expenses fell 12% YoY, with significant reductions in personnel (down 14%) and marketing (down 18%) costs. Platform Breakdown Q4 Revenue (KRW) Mobile 178.1 billion Saw a decline as some titles were removed from the segment. PC Online 168.2 billion Represents a 92% QoQ jump driven by new launches. Outlook for 2026 : Annual operating expenses fell 12% YoY, with

: Management is targeting the upper end of its KRW 2.0–2.5 trillion revenue guidance for 2026.