Kakao Corp. (KAKAO) balance sheet

KSC · Communication Services · Internet Content & Information · 17,117 employees · CEO Shina Chung

Price: ₩29,700.00 +0.85%
Market cap: ₩13.1T
Enterprise value: ₩8.09T
Last report: Q2 '26 filed 2026-06-30
Next report: 2026-11-05 EPS est. ₩470.39

At the end of Q2 '26 Kakao Corp. (KAKAO) held ₩12.1T in cash and short-term investments against ₩3.12T of debt incl. leases. Total assets ₩27.7T, total liabilities ₩12.6T, shareholders' equity ₩11.8T.

Balance sheet

Balance sheet	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Assets
Cash & equivalents	₩5.35T	₩5.5T	₩5.89T	₩5.91T	₩5.77T	₩6.15T	₩5.58T	₩5.75T	₩6.38T	₩6.6T	₩6.2T	₩8.18T
Short-term investments	₩1.8T	₩1.82T	₩1.52T	₩1.4T	₩1.69T	₩2.69T	₩2.96T	₩3.35T	₩3.21T	₩3.29T	₩3.39T	₩3.96T
Receivables	₩650B	₩707B	₩759B	₩681B	₩621B	₩1.26T	₩540B	₩1.34T	₩1.39T	₩1.44T	₩1.84T	₩2.17T
Inventory	₩167B	₩139B	₩133B	₩128B	₩93.4B	₩64.9B	₩71.9B	₩73.5B	₩89.2B	₩76.5B	₩74.8B	₩79.3B
Other current assets	₩932B	₩632B	₩935B	₩987B	₩951B	₩367B	₩1.28T	₩756B	₩633B	₩513B	₩3.44T	₩1.03T
Current assets	₩8.7T	₩9.25T	₩9.06T	₩9.15T	₩9.13T	₩11T	₩10.6T	₩11.3T	₩12.1T	₩12.4T	₩15T	₩15.4T
Property, plant & equipment (net)	₩3.04T	₩3.11T	₩3.26T	₩3.23T	₩3.17T	₩2.98T	₩3.15T	₩3.08T	₩3.1T	₩3.06T	₩3T	₩3.07T
Long-term investments	₩6.25T	₩6.22T	₩6.44T	₩6.55T	-₩374B	₩2.99T	₩5.49T	₩5.62T	₩5.06T	₩6.01T	₩6.02T	₩4.54T
Goodwill	₩0	₩4.08T	₩77.7B	₩0	₩0	₩3.7T	₩0	₩0	₩0	₩3.86T	₩0	₩0
Intangible assets	₩7.43T	₩1.62T	₩5.66T	₩5.62T	₩5.51T	₩1.44T	₩5.51T	₩5.53T	₩5.49T	₩1.36T	₩3.84T	₩3.64T
Deferred tax assets	₩542B	₩519B	₩511B	-₩15.5B	₩459B	₩498B	₩499B	₩495B	₩484B	₩519B	₩501B	₩559B
Other non-current assets	₩825B	₩398B	₩327B	₩1.17T	₩7.8T	₩3.21T	₩1.12T	₩574B	₩614B	₩592B	₩491B	₩443B
Non-current assets	₩18.1T	₩15.9T	₩16.3T	₩16.6T	₩16.6T	₩14.8T	₩15.3T	₩15.3T	₩14.8T	₩15.4T	₩13.9T	₩12.3T
Total assets	₩26.8T	₩25.2T	₩25.7T	₩25.7T	₩25.7T	₩25.8T	₩25.9T	₩26.6T	₩26.9T	₩27.8T	₩28.8T	₩27.7T
Liabilities
Accounts payable	₩1.74T	₩242B	₩0	₩0	₩0	₩227B	₩1.81T	₩0	₩2.14T	₩228B	₩2.43T	₩2.81T
Accrued expenses	₩0	₩354B	₩0	₩0	₩0	₩0	₩0	₩0	₩0	₩292B	₩0	₩0
Short-term debt	₩1.84T	₩1.62T	₩1.62T	₩2.15T	₩1.79T	₩1.87T	₩1.62T	₩1.13T	₩1.18T	₩1.48T	₩903B	₩975B
Taxes payable	₩116B	₩144B	₩156B	₩119B	₩120B	₩190B	₩0	₩74.3B	₩173B	₩0	₩0	₩0
Deferred revenue	₩116B	₩324B	₩156B	₩0	₩0	₩499B	₩0	₩13B	₩14.1B	₩530B	₩21.3B	₩25.4B
Other current liabilities	₩2.71T	₩2.97T	₩2.3T	₩3T	₩2.62T	₩4.36T	₩2.68T	₩2.7T	₩4.82T	₩6.04T	₩6.61T	₩5.24T
Current liabilities	₩6.7T	₩7.57T	₩6.35T	₩7.37T	₩6.59T	₩8.63T	₩6.57T	₩6.27T	₩8.62T	₩8.78T	₩10.5T	₩10.1T
Long-term debt	₩744B	₩846B	₩807B	₩358B	₩378B	₩328B	₩378B	₩913B	₩886B	₩991B	₩354B	₩335B
Lease obligations (non-current)	₩1.76T	₩1.73T	₩1.87T	₩1.85T	₩1.84T	₩1.72T	₩1.79T	₩1.69T	₩1.62T	₩1.56T	₩1.49T	₩1.48T
Deferred revenue (non-current)	-₩1.47T	₩37.7B	₩0	₩548B	₩0	₩15.3B	₩0	₩0	₩0	₩21.3B	₩1.13B	₩576M
Deferred tax liabilities	₩730B	₩719B	₩744B	₩735B	₩739B	₩726B	₩679B	₩732B	₩612B	₩769B	₩632B	₩327B
Other non-current liabilities	₩1.93T	₩414B	₩1.91T	₩1.35T	₩1.4T	₩410B	₩2.14T	₩2.37T	₩496B	₩438B	₩401B	₩400B
Non-current liabilities	₩4.43T	₩3.75T	₩5.34T	₩4.84T	₩4.36T	₩3.2T	₩4.99T	₩5.7T	₩3.62T	₩3.78T	₩2.88T	₩2.54T
Total liabilities	₩11.1T	₩11.3T	₩11.7T	₩11.7T	₩11.5T	₩11.8T	₩11.6T	₩12T	₩12.2T	₩12.6T	₩13.4T	₩12.6T
Equity
Common stock & paid-in capital	₩44.5B	₩44.5B	₩44.6B	₩44.4B	₩44.4B	₩44.4B	₩44.4B	₩44.3B	₩44.3B	₩44.3B	₩44.4B	₩44.3B
Retained earnings	₩3.17T	₩1.92T	₩1.96T	₩2.07T	₩2.17T	₩1.94T	₩2.09T	₩2.26T	₩2.65T	₩2.66T	₩2.92T	₩3.96T
Accumulated other comprehensive income	-₩1.33T	-₩10.7B	-₩1T	-₩1.07T	₩0	-₩757B	-₩651B	-₩556B	-₩899B	-₩227B	-₩123B	-₩1.04T
Shareholders' equity	₩10.8T	₩9.76T	₩9.87T	₩9.96T	₩10.2T	₩10.1T	₩10.4T	₩10.6T	₩10.6T	₩11.3T	₩11.5T	₩11.8T
Debt
Total debt (incl. leases)	₩4.63T	₩4.49T	₩4.61T	₩4.66T	₩4.32T	₩4.24T	₩4.11T	₩4.05T	₩4T	₩4.03T	₩3.07T	₩3.12T
Net debt (debt - cash)	-₩720B	-₩1.01T	-₩1.28T	-₩1.25T	-₩1.46T	-₩1.91T	-₩1.47T	-₩1.69T	-₩2.37T	-₩2.57T	-₩3.14T	-₩5.05T

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	₩642B	₩1.12T	₩1.25T	₩1.92T	₩2.88T	₩5.23T	₩4.78T	₩5.39T	₩6.15T	₩6.6T
Short-term investments	₩241B	₩397B	₩1.16T	₩257B	₩831B	₩1.89T	₩1.79T	₩1.81T	₩2.69T	₩3.29T
Receivables	₩257B	₩179B	₩194B	₩157B	₩276B	₩398B	₩441B	₩707B	₩1.26T	₩1.44T
Inventory	₩12.6B	₩21.6B	₩35.8B	₩49.4B	₩45.8B	₩91.8B	₩160B	₩139B	₩64.9B	₩76.5B
Other current assets	₩134B	₩129B	₩319B	₩407B	₩196B	₩405B	₩491B	-₩163B	₩367B	₩513B
Current assets	₩1.22T	₩1.99T	₩2.86T	₩2.83T	₩4.46T	₩8.1T	₩7.76T	₩9.25T	₩11T	₩12.4T
Property, plant & equipment (net)	₩254B	₩271B	₩315B	₩577B	₩776B	₩1.95T	₩2.6T	₩3.09T	₩2.98T	₩3.06T
Long-term investments	₩14.5B	-₩24.9B	-₩309B	₩1.35T	₩2.25T	₩3.92T	₩3.86T	₩5.1T	₩2.99T	₩6.01T
Goodwill	₩3.03T	₩3.02T	₩3.18T	₩2.92T	₩2.69T	₩4.9T	₩4.48T	₩4.08T	₩3.7T	₩3.86T
Intangible assets	₩700B	₩669B	₩690B	₩633B	₩658B	₩1.45T	₩1.55T	₩1.69T	₩1.44T	₩1.36T
Deferred tax assets	₩18B	₩14.4B	₩55.7B	₩60.7B	₩51.7B	₩71.9B	₩494B	₩519B	₩498B	₩519B
Other non-current assets	₩248B	₩406B	₩1.17T	₩370B	₩1.07T	₩2.38T	₩2.23T	₩1.45T	₩3.21T	₩592B
Non-current assets	₩4.27T	₩4.36T	₩5.1T	₩5.91T	₩7.49T	₩14.7T	₩15.2T	₩15.9T	₩14.8T	₩15.4T
Total assets	₩5.48T	₩6.35T	₩7.96T	₩8.74T	₩12T	₩22.8T	₩23T	₩25.2T	₩25.8T	₩27.8T
Liabilities
Accounts payable	₩95.5B	₩108B	₩29.4B	₩28.9B	₩37.7B	₩69.7B	₩94.4B	₩242B	₩227B	₩228B
Accrued expenses	₩17.2B	₩0	₩0	₩104B	₩0	₩264B	₩194B	₩0	₩0	₩292B
Short-term debt	₩200B	₩170B	₩608B	₩449B	₩188B	₩1.78T	₩1.08T	₩1.62T	₩1.87T	₩1.13T
Taxes payable	₩62.6B	₩158B	₩170B	₩109B	₩168B	₩279B	₩220B	₩144B	₩190B	₩0
Deferred revenue	₩510B	₩758B	₩170B	₩1.59T	₩2.32T	₩3.77T	₩1.53T	₩324B	₩499B	₩530B
Other current liabilities	₩493B	₩373B	₩1.23T	-₩107B	₩19.9B	-₩2.24T	₩122B	₩2.31T	₩4.36T	₩6.06T
Current liabilities	₩806B	₩1.04T	₩2.04T	₩2.13T	₩2.65T	₩5.25T	₩4.77T	₩6.25T	₩8.63T	₩8.78T
Long-term debt	₩796B	₩621B	₩42.6B	₩47.4B	₩327B	₩553B	₩1.18T	₩846B	₩328B	₩991B
Lease obligations (non-current)	-₩36.3B	₩0	₩0	₩165B	₩273B	₩1.32T	₩1.64T	₩1.73T	₩1.72T	₩1.56T
Deferred revenue (non-current)	₩36.6B	₩40.4B	₩99.3B	₩19.6B	₩14.5B	₩28B	₩68.8B	₩37.7B	₩15.3B	₩21.3B
Deferred tax liabilities	₩143B	₩140B	₩151B	₩141B	₩249B	₩757B	₩653B	₩719B	₩726B	₩769B
Other non-current liabilities	₩330	₩140B	₩99.3B	₩490B	₩1.03T	₩1.29T	₩1.18T	₩414B	₩410B	₩438B
Non-current liabilities	₩975B	₩801B	₩293B	₩863B	₩1.9T	₩3.94T	₩4.73T	₩3.75T	₩3.2T	₩3.78T
Total liabilities	₩1.78T	₩1.84T	₩2.33T	₩3T	₩4.53T	₩9.19T	₩9.43T	₩11.3T	₩11.8T	₩12.6T
Equity
Common stock & paid-in capital	₩33.9B	₩34B	₩41.7B	₩43.2B	₩44.3B	₩44.6B	₩44.6B	₩44.5B	₩44.4B	₩44.3B
Retained earnings	₩304B	₩403B	₩442B	₩140B	₩301B	₩1.69T	₩3.05T	₩1.92T	₩1.94T	₩2.66T
Accumulated other comprehensive income	₩1.85B	₩6.21B	₩12.7B	₩6.25B	₩0	₩450B	-₩1.19T	-₩10.7B	-₩757B	-₩227B
Shareholders' equity	₩3.43T	₩4.03T	₩5.14T	₩5.23T	₩6.3T	₩9.98T	₩10T	₩9.76T	₩10.1T	₩11.3T
Debt
Total debt (incl. leases)	₩996B	₩795B	₩651B	₩725B	₩868B	₩3.82T	₩4.15T	₩4.48T	₩4.24T	₩4.03T
Net debt (debt - cash)	₩354B	-₩322B	-₩596B	-₩1.19T	-₩2.01T	-₩1.41T	-₩632B	-₩908B	-₩1.91T	-₩2.57T

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in KRW.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02