Gravity Q3 operating profit rises 35% as Ragnarok launches loom

Gravity reported third-quarter 2026 operating profit of 28.7 billion won, up 35% year-on-year, according to techm.kr. Revenue for the quarter reached 197.1 billion won, a 41.9% increase from the same period a year earlier.

Cumulative revenue through the first three quarters of 2026 came to 520.9 billion won, up 16.5% year-on-year, the company said.

Alongside the results, Gravity outlined a release schedule for several Ragnarok IP titles. Ragnarok: Yggdrasil is set to launch in Latin America in December, and Ragnarok Landverse Classic will arrive in Southeast Asia excluding Indonesia and Vietnam the same month.

Pipeline into 2027

Ragnarok Online 3 is planned for the first half of next year in China, Korea, Taiwan/Hong Kong/Macau and Southeast Asia excluding Vietnam. Gravity also aims to launch Ragnarok: The New World and Ragnarok Abyss within next year.

On the corporate side, Gravity will establish its Thai subsidiary Gravity Game Max within this year, and plans to officially launch Ragland, a UGC platform built on the Ragnarok IP, in 2028.

Earlier in 2026, Ragnarok: The New World launched in Taiwan, Hong Kong and Macau in January and expanded to Southeast Asia in July. Ragnarok Origin Classic followed in March in Korea, Taiwan/Hong Kong/Macau and Southeast Asia, and Ragnarok Zero: Global launched in August in Southeast Asia excluding Vietnam, Europe and Oceania.