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Webzen reports Q3 profit drop, unveils G-Star lineup

Webzen will showcase Defense Game's Tyrant: LAST STAGE and a MU Theos teaser at G-Star 2026, alongside Q3 results showing falling revenue.

Webzen on November 6, 2026 reported third-quarter operating revenue of 36 billion won, operating profit of 5.3 billion won and net profit of 5.2 billion won, according to game.donga.com.

The company also said it will publicly unveil Defense Game's Tyrant: LAST STAGE for the first time at G-Star in November, with a release target of the first half of 2027.

At the same event, Webzen will present the first teaser video for MU Theos, an MMORPG aiming for a 2027 launch. The company is also preparing PROJECT G, an Unreal Engine 5 game based on the MU IP and aimed at Western markets.

Webzen will run a 100-booth exhibition at G-Star from November 19 to 22, 2026 under the concept VISIT WEBZEN.

Compared with the same period of 2025, Q3 2026 operating revenue, operating profit and net profit fell 17.8%, 29.3% and 40.1% respectively. The figures also declined 5.2%, 4.7% and 16.9% quarter-on-quarter. Webzen attributed the revenue decline at home and abroad to the continued absence of new game releases.

Quick answers

When is Webzen's Q3 2026 earnings announcement?

Webzen disclosed its Q3 2026 results on November 6, 2026.

What games will Webzen show at G-Star 2026?

Webzen will unveil Defense Game's Tyrant: LAST STAGE and show the first teaser for MU Theos, along with plans for PROJECT G.

When is G-Star 2026?

G-Star 2026 runs from November 19 to 22, with Webzen operating a 100-booth exhibition under the concept VISIT WEBZEN.

Sources