Gravity Co. (GRVY) Financial Statements & Analysis

Gravity Co. (GRVY) Income Statement

Gravity Co. reported revenue of KRW 560.55B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 11.9% from KRW 500.85B a year earlier. Net income was KRW 67.46B, down 20.6% year over year, a net margin of 12.0%. Gross margin was 35.0% and operating margin 14.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was KRW 161.88B, up 32.9% from the same quarter a year earlier.

Gravity Co. Income Statement Analysis

Values in billions KRW

Income Statement Balance Sheet Cash Flow Ratios

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Gravity Co., Ltd. income statement - Annual data in billions KRW
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	560.55	500.85	725.52	463.62	413.94	405.95	360.97	286.77	141.62
Cost of Revenue	364.27	306.90	484.96	267.37	224.17	239.05	265.79	210.04	94.23
Gross Profit	196.28	193.94	240.56	196.25	189.77	166.91	95.18	76.73	47.39
Operating Expenses
Research & Development	10.33	15.26	13.49	13.80	16.57	15.03	9.50	7.08	5.24
Selling, General & Administrative	100.31	85.92	59.96	72.78	75.63	62.40	35.37	34.94	27.79
Operating Expenses	116.50	107.16	80.19	91.55	92.20	76.97	46.34	42.84	33.25
Operating Income	79.78	86.78	160.37	104.71	96.72	89.94	48.80	33.89	14.14
Other Income/Expense
Interest Income	15.82	17.06	11.49	4.50	5.27	1.09	1.63	0.82	0.55
Interest Expense	0.28	0.14	0.16	0.13	-0.12	-0.19	0.28	0.01	0.01
Other Income/Expense	-4.38	2.65	8.33	5.17	-3.53	-0.36	2.45	0.55	0.42
Income
Income Before Tax	90.94	106.35	168.70	109.88	99.30	88.01	51.26	34.44	14.46
Income Tax Expense	23.63	21.45	36.72	26.82	33.42	25.46	11.53	3.05	1.14
Net Income	67.46	84.92	132.02	83.16	65.95	62.70	39.88	31.44	13.32
Net Income - Continuous Operations	67.31	84.90	132.02	83.16	65.95	62.70	39.88	31.44	13.32
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	102.04	115.72	176.52	117.07	99.92	91.01	52.46	34.71	14.66
EBIT	91.22	106.48	168.86	110.01	98.14	89.94	-	-	-
Depreciation & Amortization	5.86	5.99	7.66	7.06	1.78	1.07	3.65	1.41	0.52
Earnings Per Share
Basic EPS	9709.00	12221.00	18998.00	11968.00	9490.00	9023.00	5738.00	4525.00	1917.00
Diluted EPS	9709.00	12221.00	18998.00	11968.00	9490.00	9023.00	5738.00	4525.00	1917.00
Basic Shares Outstanding	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Diluted Shares Outstanding	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Gravity Co. Financial Statements

What was Gravity Co.'s revenue in fiscal 2025?

Gravity Co. reported revenue of KRW 560.55B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 11.9% from KRW 500.85B a year earlier.

Is Gravity Co. profitable?

Yes. Gravity Co. earned net income of KRW 67.46B in fiscal 2025, a net margin of 12.0%. In fiscal 2024 it earned KRW 84.92B.

What is Gravity Co.'s operating margin?

Gravity Co.'s operating income was KRW 79.78B on revenue of KRW 560.55B in fiscal 2025, an operating margin of 14.2%, compared with 17.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition