KRAFTON announced its first quarter earnings for 2026. Based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS), KRAFTON reported revenue of INR 88,137 crore and operating profit of INR 36,092 crore in Q1 2026, marking all-time highs for both metrics in a single quarter. Revenue grew 56.9% and operating profit rose 22.8% year-over-year. First quarter operating profit alone reached 53% of KRAFTON’s full-year operating profit for 2025.

Key Performance Highlights for Q1 2026

Quarterly revenue by business segment was

  • INR 23,388 crore from PC

  • INR 45,160 crore from mobile

  • INR 887 crore from console

  • INR 18,702 crore from others

PUBG IP Franchise Strategy

PUBG IP Franchise revenue grew 24% year-over-year and surpassed INR 64,270 crore in quarterly revenue, driving KRAFTON’s record-setting performance. On PC, new content and strong live-service operations around PUBG: BATTLEGROUNDS fuelled revenue growth. To celebrate the game’s ninth anniversary, PUBG: BATTLEGROUNDS partnered with iconic luxury British sports car manufacturer Aston Martin to become the first vehicle resale event on PC. The event delivered a significant revenue uplift compared to its original 2023 sale, demonstrating strong user demand for legacy content.

On mobile, premium content and IP collaborations contributed to the record quarterly revenue. A collaboration with German sports car brand Apollo Automobil drove demand among high-spending users. BATTLEGROUNDS MOBILE INDIA (BGMI) expanded user accessibility through server capacity investments and a wider content lineup, resulting in a 17% year-over-year increase in paying users. The BGMI tournament BATTLEGROUNDS MOBILE INDIA SERIES 2026 (BGIS 2026), recorded its highest-ever viewership, reaffirming the title’s national standing in India. Building on this strong momentum, BGMI is set to roll out a range of new skins and IP collaborations in Q2, aimed at further elevating the player experience. Other revenue increased by INR 18,374 crore year-over-year, primarily reflecting the consolidated inclusion of ADK Group.

The PUBG IP continues to evolve into a content platform accumulating diverse gaming content and gameplay experiences, underpinned by a strong fanbase and competitive live service. In April, the new game mode, Xeno Point, increased user traffic as it introduced a new kind of gameplay beyond battle royale. A mode based on the IP, PAYDAY, is set to launch in May, with additional modes and UGC expansions to follow. KRAFTON plans to further accelerate growth of the PUBG IP Franchise by strengthening its presence in emerging markets and enhancing global fanbase marketing.

KRAFTON Q1 2026 Preliminary Earnings

 

Earnings (Q1 2026)

Earnings (Q4 2025)

QoQ % chg

Earnings (Q1 2025)

YoY & chg

Revenue

13,714

9,197

49.1

8,742

56.9

Operating Profit

5,616

24

22,980.1

4,573

22.8

KRAFTON’s Q1 2026 (preliminary) earnings on a consolidated basis (unit: INR crore)