NEXON Income Statement

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

Millions JPY. 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	515,628	475,102	446,211	423,356	353,714	274,462
Revenue Growth	15.07%	6.48%	5.40%	19.69%	28.88%	-6.33%
Cost of Revenue	205,737	193,088	164,838	137,938	105,778	72,121
Gross Profit	309,891	282,014	281,373	285,418	247,936	202,341
Selling, General & Admin	145,256	130,981	112,694	118,815	109,620	82,050
Research & Development	26,429	26,429	24,944	24,618	25,930	20,996
Other Operating Expenses	3,418	-46	824	-106	-426	-436
Operating Expenses	180,142	162,403	143,051	153,223	138,871	108,054
Operating Income	129,749	119,611	138,322	132,195	109,065	94,287
Interest Expense	-	-2,057	-2,107	-1,410	-588	-415
Interest & Investment Income	56,774	21,997	24,034	24,621	12,986	6,452
Earnings From Equity Investments	-2,895	-1,697	-5,179	-3,510	-10,246	-999
Currency Exchange Gain (Loss)	-2,734	-2,734	30,889	10,436	41,708	36,432
Other Non Operating Income (Expenses)	-4,522	-4,522	4,783	95	656	-388
EBT Excluding Unusual Items	176,372	130,598	190,742	162,427	153,581	135,369
Gain (Loss) on Sale of Investments	12,071	9,592	3,162	2,116	-2,331	3,935
Gain (Loss) on Sale of Assets	-21	-21	-168	-8	-32	-5
Asset Writedown	282	282	2,251	-38,606	-10,693	-3,827
Pretax Income	188,704	140,451	195,987	125,929	140,525	135,472
Income Tax Expense	54,905	50,752	59,771	54,845	40,535	22,406
Earnings From Continuing Operations	133,799	89,699	136,216	71,084	99,990	113,066
Minority Interest in Earnings	2,087	2,353	-1,368	-475	349	1,822
Net Income	135,886	92,052	134,848	70,609	100,339	114,888
Net Income to Common	135,886	92,052	134,848	70,609	100,339	114,888
Net Income Growth	33.12%	-31.74%	90.98%	-29.63%	-12.66%	104.35%
Shares Outstanding (Basic)	793	804	833	852	875	891
Shares Outstanding (Diluted)	796	807	837	857	882	903
Shares Change	-3.19%	-3.60%	-2.41%	-2.74%	-2.34%	0.99%
EPS (Basic)	171.26	114.48	161.79	82.89	114.74	128.91
EPS (Diluted)	170.66	114.11	161.09	82.33	113.81	126.55
EPS Growth	37.57%	-29.17%	95.66%	-27.66%	-10.07%	104.45%

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	113,236	163,938	97,329	125,305	127,343	104,329
Free Cash Flow Per Share	142.22	203.22	116.31	146.14	144.44	115.57
Dividend Per Share	60.000	45.000	22.500	10.000	10.000	7.500
Dividend Growth	100.00%	100.00%	125.00%	0%	33.33%	50.00%
Gross Margin	60.10%	59.36%	63.06%	67.42%	70.09%	73.72%
Operating Margin	25.16%	25.18%	31.00%	31.23%	30.83%	34.35%
Profit Margin	26.35%	19.38%	30.22%	16.68%	28.37%	41.86%
Free Cash Flow Margin	21.96%	34.51%	21.81%	29.60%	36.00%	38.01%
EBITDA	142,154	131,020	148,464	140,793	115,832	102,755
EBITDA Margin	27.57%	27.58%	33.27%	33.26%	32.75%	37.44%
D&A For EBITDA	12,405	11,409	10,142	8,598	6,767	8,468
EBIT	129,749	119,611	138,322	132,195	109,065	94,287
EBIT Margin	25.16%	25.18%	31.00%	31.23%	30.83%	34.35%
Effective Tax Rate	29.10%	36.13%	30.50%	43.55%	28.84%	16.54%
Advertising Expenses	-	36,181	28,713	32,978	25,717	17,386