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Earnings Brief

NCSoft Q1 2026 Operating Profit $75.9M — Up +2,070% YoY

NCSoft posted Q1 2026 revenue of $373.3M and operating profit of $75.9M. The launch of new title Lineage Classic drove operating profit up more than 20x year-over-year.

Justin Jeon·May 13, 2026 at 09:00·3 min
ncsoft-q1-2026-earnings-operating-profit-2070-percent
ncsoft-q1-2026-earnings-operating-profit-2070-percent
AIKey Summary
  • NCSoft Q1 2026 revenue hit $373.3M (+54.7% YoY); operating profit surged to $75.9M (+2,070% YoY)
  • Lineage Classic drove $128.9M in player spending in its first 90 days

NCSoft recorded Q1 2026 operating profit of $75.9M, a surge of +2,070% from the year-ago quarter ($3.5M). (Based on preliminary results disclosed via DART, May 13, 2026)


Quarterly Highlights at a Glance

The launch of new title Lineage Classic flowed directly into the quarterly results, with both revenue and operating profit posting substantial gains versus the prior year and prior quarter.

  • Revenue: $373.3M — +54.7% YoY (vs. $241.3M), +37.9% QoQ (vs. $270.7M)
  • Operating Profit: $75.9M — +2,070.1% YoY (vs. $3.5M), +3,388.8% QoQ (vs. $2.1M)
  • Net Income: $102.1M — +306.4% YoY (vs. $25.1M); swung to profit from a loss in the prior quarter
  • Pre-tax Income: $125.4M — +499.3% YoY
  • Lineage Classic Cumulative Player Spending: ~$128.9M in the first 90 days post-launch (Feb 11 – May 11, 2026)

Market Reaction

Ahead of the earnings release, market sentiment had already built around an earnings beat. Brokerages projected operating profit would surpass $67M — recovering above that threshold for the first time in four years. Hana Securities described NCSoft as "significantly undervalued." During the initial launch phase for Lineage Classic, the stock dropped more than 6% on profitability concerns, but subsequently rebounded to near its 52-week high as forecasts for a sharp earnings recovery gained traction. Stock price data as of the specific disclosure date was not included in this filing.


This article was auto-generated based on the original DART regulatory filing and domestic and international media reports. It is intended solely for the rapid delivery of key data immediately following the announcement. Readers are advised to consult the company's official disclosure documents before making any investment decisions.

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