NAVER Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,962,955	12,035,007	10,737,719	9,670,644	8,220,079	6,817,600
Revenue Growth	14.69%	12.08%	11.03%	17.65%	20.57%	28.53%
Gross Profit	12,962,955	12,035,007	10,737,719	9,670,644	8,220,079	6,817,600
Selling, General & Admin	9,932,395	9,039,658	8,053,650	7,566,513	6,329,446	5,043,686
Amortization of Goodwill & Intangibles	65,259	65,259	64,936	54,327	42,275	21,181
Other Operating Expenses	41,912	41,912	31,290	32,971	25,060	14,991
Operating Expenses	10,719,605	9,826,869	8,758,456	8,181,823	6,915,414	5,492,122
Operating Income	2,243,350	2,208,138	1,979,263	1,488,820	1,304,664	1,325,478
Interest Expense	-108,717	-108,717	-104,881	-127,078	-71,692	-45,166
Interest & Investment Income	249,069	246,865	194,013	136,803	107,048	88,741
Earnings From Equity Investments	401,780	453,195	565,171	244,308	10,102	531,623
Currency Exchange Gain (Loss)	3,472	3,472	-147,025	-42,724	-79,093	-26,113
Other Non Operating Income (Expenses)	91,953	46,145	-12,761	22,092	-254,497	-239,308
EBT Excluding Unusual Items	2,880,907	2,849,098	2,473,780	1,722,221	1,016,532	1,635,255
Gain (Loss) on Sale of Investments	-9,603	-9,603	-6,712	-210,367	-122,287	488,466
Gain (Loss) on Sale of Assets	4,726	4,726	5,317	3,764	203,243	2,678
Asset Writedown	-424,077	-424,077	-150,200	-34,222	-13,771	-
Pretax Income	2,451,952	2,420,143	2,322,184	1,481,396	1,083,717	2,126,400
Income Tax Expense	558,931	601,397	390,208	496,379	410,537	648,669
Earnings From Continuing Operations	1,893,021	1,818,746	1,931,976	985,018	673,180	1,477,731
Earnings From Discontinued Operations	-	-	-	-	-	14,999,895
Net Income to Company	1,893,021	1,818,746	1,931,976	985,018	673,180	16,477,626
Minority Interest in Earnings	130,517	134,468	-8,739	27,304	87,081	12,224
Net Income	2,023,538	1,953,215	1,923,237	1,012,322	760,261	16,489,850
Preferred Dividends & Other Adjustments	20,674	20,674	10,337	10,353	10,361	10.35
Net Income to Common	2,002,864	1,932,541	1,912,900	1,001,969	749,900	16,489,839
Net Income Growth	1.28%	1.03%	90.91%	33.61%	-95.45%	1545.55%
Shares Outstanding (Basic)	149	149	151	150	150	149
Shares Outstanding (Diluted)	150	150	151	151	150	150
Shares Change	0.03%	-0.58%	0.10%	0.29%	0.28%	2.37%
EPS (Basic)	13426.68	12940.08	12702.40	6660.80	5007.21	110923.66
EPS (Diluted)	13395.37	12907.30	12553.45	6576.30	4985.00	109883.57
EPS Growth	2.41%	2.82%	90.89%	31.92%	-95.46%	1796.91%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	1,463,832	1,861,057	2,035,877	1,361,610	752,657	625,963
Free Cash Flow Per Share	9764.61	12396.11	13482.39	9026.04	5003.76	4172.97
Dividend Per Share	2630.000	2630.000	1130.000	790.000	914.000	511.000
Dividend Growth	132.74%	132.74%	43.04%	-13.57%	78.86%	27.11%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	17.31%	18.35%	18.43%	15.39%	15.87%	19.44%
Profit Margin	15.45%	16.06%	17.82%	10.36%	9.12%	241.87%
Free Cash Flow Margin	11.29%	15.46%	18.96%	14.08%	9.16%	9.18%
EBITDA	3,024,539	2,953,437	2,652,779	2,071,160	1,865,573	1,758,923
EBITDA Margin	23.33%	24.54%	24.70%	21.42%	22.70%	25.80%
D&A For EBITDA	781,190	745,298	673,516	582,339	560,909	433,445
EBIT	2,243,350	2,208,138	1,979,263	1,488,820	1,304,664	1,325,478
EBIT Margin	17.31%	18.35%	18.43%	15.39%	15.87%	19.44%
Effective Tax Rate	22.80%	24.85%	16.80%	33.51%	37.88%	30.50%
Advertising Expenses	-	1,920,299	1,599,360	1,479,802	1,300,591	1,071,730