Krafton, Nexon, Netmarble Q3 profit seen down; NCSoft to swing to profit
Consensus data points to a 19.7% drop in Krafton's third-quarter operating profit, while NCSoft is forecast to return to profit and Kakao Games to widen its loss.
Krafton, Nexon and Netmarble are expected to report lower operating profit for the third quarter of 2026, while NCSoft is forecast to swing to a profit and Kakao Games to post a wider loss, according to a securities-industry outlook reported by digitaltoday.co.kr.
Krafton's third-quarter revenue consensus stands at 1.1268 trillion won with operating profit at 28 billion won. Revenue is projected to rise 29.4% year-on-year, but operating profit is seen falling 19.7%, cutting the operating margin from 40% in the third quarter of 2025 to 24.8%.
NCSoft's revenue consensus is 703.7 billion won against operating profit of 103.3 billion won, a swing back into the black. Netmarble is forecast at 731.3 billion won in revenue and 83.1 billion won in operating profit, while Kakao Games is seen at 78 billion won in revenue with an operating loss of 26.1 billion won.
Nexon set its own third-quarter guidance at revenue of 120.7 to 133.4 billion yen and operating profit of 22.6 to 32.3 billion yen.
Earlier releases in the quarter
Krafton launched Subnautica 2 in early access in May 2026, and NCSoft released Aion 2 in November 2025 and Lineage Classic in February 2026. NCSoft posted operating profit of 173.9 billion won in the second quarter of 2026, and Netmarble released SOL: Enchant in the same quarter.
Quick answers
What is Krafton's third-quarter 2026 operating profit forecast?
The consensus is 28 billion won in operating profit on revenue of 1.1268 trillion won, a 19.7% year-on-year decline in profit.
Which company is expected to swing to profit?
NCSoft, with a consensus operating profit of 103.3 billion won on revenue of 703.7 billion won.
What guidance did Nexon give?
Nexon guided to revenue of 120.7 to 133.4 billion yen and operating profit of 22.6 to 32.3 billion yen for the quarter.