Pearl Abyss Q1 2026: Revenue $219M, Operating Profit $142M — Record Quarter Driven by 'Crimson Desert' Launch
Pearl Abyss posted Q1 2026 revenue of $219M and operating profit of $142M, marking all-time quarterly records. The blockbuster launch of 'Crimson Desert' drove operating profit up 2,597% year-over-year.
- Pearl Abyss hit all-time quarterly records in Q1 2026: $219M revenue and $142M operating profit
- Operating profit surged 2,597% YoY, driven by 'Crimson Desert,' crushing estimates
Pearl Abyss reported Q1 2026 operating profit of $142M, up 2,597% year-over-year, as disclosed in its DART quarterly filing (2026.03).
Earnings at a Glance
For the period January 1 through March 31, 2026, both revenue and operating profit hit all-time quarterly highs, significantly exceeding market consensus estimates.
- Revenue: $219M — substantial year-over-year increase (all-time quarterly record)
- Operating Profit: $142M — +2,597% year-over-year
- Operating Margin (operating profit / revenue): approx. 64.6%
Market Reaction
DS Investment Securities noted that the strong box-office performance of 'Crimson Desert' drove results well above expectations. Some analysts on the Street now project full-year 2026 revenue of up to $651M, with growing anticipation that the company could cross the $667M annual revenue milestone. Multiple brokerages have since raised their price targets.
This article was auto-generated based on the original DART regulatory filing and domestic/international news reports. It is intended to deliver key data promptly following the announcement. Readers are advised to review the company's official disclosure before making any investment decisions.
263750Frequently Asked Questions
How significant is Pearl Abyss's 2,597% year-over-year surge in operating profit?
Operating profit in Q1 2025 was at a very low base, making the jump to $142M this quarter roughly 26x larger year-over-year — an exceptionally sharp turnaround.
What is 'operating margin' and why does it matter?
Operating margin is the percentage of revenue retained as profit from core business operations. With $219M in revenue and $142M in operating profit, Pearl Abyss's margin of ~64.6% means it kept roughly $0.65 for every $1.00 in sales — an unusually high level of profitability.
Is the analyst forecast of nearly $667M in full-year revenue an official company guidance figure?
No. The figure of up to $651M is a market consensus estimate from sell-side analysts, not official guidance issued by the company. Pearl Abyss did not provide formal forward guidance in this regulatory filing.
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