Krafton has posted record financial results for the second quarter of the current year. The publisher behind the PUBG franchise achieved a record quarterly revenue of KRW 1.29 trillion alongside a massive surge in PC gaming income. However, the company must now maintain this momentum as it prepares to showcase 5 new titles at the upcoming gamescom event.
Financial reports prepared in accordance with consolidated standards reveal that the company brought in an operating profit of KRW 410.9 billion. This represents a 67% increase compared to the same period last year. Total revenue jumped by 94.9% during the quarter. This financial surge was primarily fueled by the continued success of the core PUBG IP and a blowout release from 1 of its newest acquisitions.
The early access debut of Subnautica 2 in May proved to be a major catalyst. The underwater survival title surpassed 5 million units sold in just 22 days. First half revenue for the entire Subnautica franchise reached KRW 232.5 billion. At the same time, PC revenue for Krafton crossed KRW 500 billion for the first time. PC play is leading the charge. Mobile revenue held steady at KRW 451 billion, showing a 5.5% increase compared to last year.
The PUBG brand is expanding its footprint by introducing global collaborations and user generated content. New gameplay modes like Xeno Point and Payday kept players engaged on computers, while BATTLEGROUNDS MOBILE INDIA showed solid growth on phones. Krafton plans to upgrade its map creation tools and bring in licensed IPs like Naruto and Spider Man. A new in game currency is also in development to reward players who design popular custom maps. This setup allows the creator community to monetize their work directly.
Looking ahead, Krafton is preparing to reveal 5 new games targeting release by 2027. The upcoming gamescom lineup includes a new project built on the PUBG IP along with other titles called NO LAW, Project ZETA, Age Twisters, and TARAE The Unbound. On the corporate side, the board spent KRW 300 billion to buy back treasury shares. The company also executed a KRW 99.6 billion capital reduction dividend to enhance long term value for investors.
