In its Q2 2026 earnings release, Krafton posted record quarterly revenue of ₩1.29 trillion ($889.1 million), up 94.9% from a year earlier, along with operating profit of ₩410.9 billion ($283.1 million), a 67% increase. These results came from the company behind PUBG: Battlegrounds, PUBG Mobile, and The Callisto Protocol.
Subnautica 2 was the standout this quarter. Krafton says the game sold more than 5 million copies in 22 days after entering early access in May, helping the series bring in ₩232.5 billion in the first half of 2026. Over that same stretch, revenue from the PUBG IP climbed 25%. On the platform side, PC revenue passed ₩500 billion for the first time, console revenue surged 143.3%, and mobile was up 5.5%. Even with that growth, Krafton still recorded a net loss because of non-operating costs tied to Unknown Worlds Entertainment, including a settled $250 million bonus dispute.
If you’re following PUBG or Subnautica 2, there’s more coming soon. Krafton says it will show five new titles at Gamescom in August, all lined up for release in 2027. The company also says it now has 26 games in development and has mapped out more than ₩1 trillion in dividends and share buybacks between 2026 and 2028. The full earnings release is available on Krafton’s investor site.
Author: jeffersonbetaizar
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