NAVER Corporation (NAVER) balance sheet

KSC · Communication Services · Internet Content & Information · 5,047 employees · CEO Soo-yeon Choi

Price: ₩175,400.00 +1.80%
Market cap: ₩25.4T
Enterprise value: ₩24.7T
Last report: Q2 '26 filed 2026-06-30
Next report: 2026-11-12 EPS est. ₩3,190.05

At the end of Q2 '26 NAVER Corporation (NAVER) held ₩8.99T in cash and short-term investments against ₩5.63T of debt incl. leases. Total assets ₩44.7T, total liabilities ₩13.6T, shareholders' equity ₩29.5T.

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	₩3.14T	₩3.58T	₩3.24T	₩3.77T	₩4.64T	₩4.2T	₩4.72T	₩4.87T	₩5.03T	₩5.98T	₩6.38T	₩6.38T
Short-term investments	₩1.83T	₩1.51T	₩2.18T	₩2.46T	₩2.82T	₩3.27T	₩3.15T	₩3.09T	₩3.59T	₩2.96T	₩2.59T	₩2.61T
Receivables	₩1.63T	₩1.75T	₩1.81T	₩12.2B	₩1.73T	₩1.55T	₩1.66T	₩1.71T	₩1.93T	₩1.73T	₩2.03T	₩2.04T
Inventory	₩12.1B	₩14.8B	₩19.2B	₩22.3B	₩25.7B	₩21.7B	₩21.5B	₩25.4B	₩21.8B	₩20.2B	₩32.4B	₩35.6B
Other current assets	₩1.84T	-₩11.7B	₩347B	₩2.06T	₩172B	₩108B	₩212B	₩238B	₩254B	₩498M	₩227B	₩249B
Current assets	₩6.82T	₩7.03T	₩7.6T	₩8.33T	₩9.42T	₩9.37T	₩9.76T	₩9.93T	₩10.9T	₩10.9T	₩11.3T	₩11.3T
Property, plant & equipment (net)	₩3.51T	₩3.43T	₩3.33T	₩3.27T	₩3.35T	₩3.23T	₩3.22T	₩3.58T	₩3.99T	₩4.53T	₩4.83T	₩5.15T
Long-term investments	₩19.4T	₩19.7T	₩20.9T	₩20.6T	₩17.4T	₩17.5T	₩22.2T	₩22T	₩21.9T	₩21.8T	₩23.9T	₩23.3T
Goodwill	₩0	₩2.58T	₩0	₩0	₩0	₩2.67T	₩0	₩0	₩0	₩2.3T	₩0	₩0
Intangible assets	₩3.37T	₩868B	₩3.52T	₩3.57T	₩3.51T	₩988B	₩3.67T	₩3.48T	₩3.61T	₩1.12T	₩4.56T	₩4.66T
Deferred tax assets	₩369B	₩381B	₩376B	₩446B	₩457B	₩474B	₩415B	₩281B	₩304B	₩310B	₩294B	₩166B
Other non-current assets	₩2.02T	₩1.75T	₩74.8B	₩83.4B	₩7.01T	₩3.89T	₩482B	₩353B	₩82B	₩74.2B	₩73.1B	₩76.6B
Non-current assets	₩28.7T	₩28.7T	₩28.2T	₩28T	₩27.9T	₩28.8T	₩29.6T	₩29.4T	₩29.9T	₩30.2T	₩33.7T	₩33.3T
Total assets	₩35.5T	₩35.7T	₩35.8T	₩36.3T	₩37.3T	₩38.2T	₩39.3T	₩39.4T	₩40.8T	₩41.1T	₩44.9T	₩44.7T
Liabilities
Accounts payable	₩1.42T	₩1.84T	₩1.56T	₩1.68T	₩1.57T	₩1.56T	₩1.31T	₩1.46T	₩1.61T	₩1.54T	₩1.59T	₩1.63T
Accrued expenses	₩0	₩515B	₩0	₩0	₩0	₩0	₩0	₩0	₩0	₩0	₩0	₩0
Short-term debt	₩1.28T	₩1.23T	₩325B	₩392B	₩330B	₩335B	₩2.54T	₩2.44T	₩1.72T	₩1.96T	₩2.5T	₩1.5T
Taxes payable	₩123B	₩496B	₩413B	₩261B	₩236B	₩550B	₩0	₩0	₩227B	₩0	₩0	₩0
Deferred revenue	-₩1.42T	₩0	₩413B	₩0	₩0	₩0	₩0	₩0	₩0	₩957B	₩0	₩0
Other current liabilities	₩2.95T	₩2.51T	₩2.84T	₩3.48T	₩3.55T	₩3.61T	₩3.22T	₩3.2T	₩4.3T	₩3.14T	₩4.53T	₩3.93T
Current liabilities	₩5.99T	₩6.31T	₩5.78T	₩6.04T	₩5.9T	₩6.09T	₩7.73T	₩7.64T	₩8.08T	₩8.02T	₩9.36T	₩7.61T
Long-term debt	₩2.65T	₩2.65T	₩3.04T	₩3.03T	₩3.02T	₩2.87T	₩1.3T	₩1.25T	₩1.18T	₩1.26T	₩1.12T	₩2.83T
Lease obligations (non-current)	₩548B	₩519B	₩466B	₩441B	₩406B	₩388B	₩374B	₩600B	₩791B	₩955B	₩995B	₩1.02T
Deferred revenue (non-current)	₩1.48T	₩170M	₩0	₩0	₩0	₩448M	₩0	₩0	₩0	₩158M	₩0	₩0
Deferred tax liabilities	₩1.05T	₩1.05T	₩1.02T	₩1.01T	₩1.03T	₩928B	₩982B	₩910B	₩888B	₩854B	₩1.37T	₩1.06T
Other non-current liabilities	₩1.05T	₩974B	₩950B	₩740B	₩786B	₩889B	₩901B	₩1.01T	₩1.04T	₩1.05T	₩1.13T	₩1.11T
Non-current liabilities	₩5.73T	₩5.19T	₩5.48T	₩5.22T	₩5.24T	₩5.07T	₩3.56T	₩3.77T	₩3.9T	₩4.11T	₩4.62T	₩6.01T
Total liabilities	₩11.7T	₩11.5T	₩11.3T	₩11.3T	₩11.1T	₩11.2T	₩11.3T	₩11.4T	₩12T	₩12.1T	₩14T	₩13.6T
Equity
Common stock & paid-in capital	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B
Retained earnings	₩24.3T	₩24.5T	₩24.9T	₩25.3T	₩25.7T	₩26T	₩26.2T	₩26.6T	₩27.2T	₩25.6T	₩27.5T	₩28.3T
Accumulated other comprehensive income	-₩2.89T	₩134B	-₩1.96T	-₩2.21T	-₩1.72T	-₩1.07T	-₩345B	-₩841B	-₩1.51T	₩1.04T	₩997B	₩329B
Shareholders' equity	₩22.9T	₩23.2T	₩23.4T	₩23.6T	₩24.7T	₩25.5T	₩26.5T	₩26.4T	₩27.2T	₩27.6T	₩29.5T	₩29.5T
Debt
Total debt (incl. leases)	₩4.63T	₩4.63T	₩4.06T	₩4.09T	₩3.98T	₩3.8T	₩4.4T	₩4.49T	₩3.92T	₩4.17T	₩4.88T	₩5.63T
Net debt (debt - cash)	₩1.49T	₩1.06T	₩822B	₩317B	-₩657B	-₩394B	-₩317B	-₩386B	-₩1.11T	-₩1.81T	-₩1.5T	-₩750B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	₩1.73T	₩1.91T	₩3.32T	₩3.74T	₩1.6T	₩2.78T	₩2.72T	₩3.58T	₩4.2T	₩5.98T
Short-term investments	₩1.67T	₩1.69T	₩746B	₩356B	₩1.21T	₩1.16T	₩1.96T	₩1.51T	₩3.27T	₩2.96T
Receivables	₩749B	₩1.03T	₩1.11T	₩1.23T	₩993B	₩4.72B	₩1.56T	₩1.75T	₩1.55T	₩1.73T
Inventory	₩10.3B	₩36.2B	₩57.4B	₩55.1B	₩4.34B	₩6.14B	₩8.65B	₩14.8B	₩21.7B	₩20.2B
Other current assets	₩720B	₩434B	₩589B	₩118B	₩6.66T	₩1.46T	₩6.06B	₩13.1B	₩108B	₩498M
Current assets	₩4.2T	₩4.78T	₩5.39T	₩5.64T	₩10.5T	₩5.53T	₩6.44T	₩7.03T	₩9.37T	₩10.9T
Property, plant & equipment (net)	₩863B	₩1.15T	₩1.46T	₩2.29T	₩1.81T	₩2.4T	₩3.2T	₩3.43T	₩3.23T	₩4.53T
Long-term investments	-₩871B	-₩302B	₩1.5T	₩3.13T	₩3.13T	₩23.5T	₩20.4T	₩19.7T	₩17.5T	₩21.8T
Goodwill	₩45.7B	₩233B	₩205B	₩212B	₩34.2B	₩621B	₩948B	₩2.58T	₩2.67T	₩2.3T
Intangible assets	₩66.4B	₩106B	₩102B	₩129B	₩70.9B	₩311B	₩534B	₩868B	₩988B	₩1.12T
Deferred tax assets	₩286B	₩248B	₩340B	₩381B	₩109B	₩98.4B	₩266B	₩381B	₩474B	₩310B
Other non-current assets	₩1.78T	₩1.8T	₩889B	₩508B	₩1.31T	₩1.28T	₩2.14T	₩2.13T	₩3.89T	₩74.2B
Non-current assets	₩2.17T	₩3.24T	₩4.5T	₩6.66T	₩6.47T	₩28.2T	₩27.5T	₩28.7T	₩28.8T	₩30.2T
Total assets	₩6.37T	₩8.02T	₩9.88T	₩12.3T	₩17T	₩33.7T	₩33.9T	₩35.7T	₩38.2T	₩41.1T
Liabilities
Accounts payable	₩0	₩0	₩0	₩0	₩0	₩631B	₩899B	₩0	₩0	₩1.54T
Accrued expenses	₩247B	₩226B	₩298B	₩448B	₩253B	₩358B	₩341B	₩0	₩0	₩0
Short-term debt	₩227B	₩361B	₩350B	₩560B	₩630B	₩461B	₩1.38T	₩776B	₩335B	₩1.73T
Taxes payable	₩318B	₩372B	₩350B	₩412B	₩471B	₩630B	₩487B	₩496B	₩550B	₩0
Deferred revenue	₩105B	₩291B	₩433B	₩510B	₩318B	₩451B	₩544B	₩0	₩0	₩957B
Other current liabilities	₩357B	₩390B	₩1.02T	₩912B	₩5.75T	₩1.28T	₩1.63T	₩3.48T	₩3.99T	₩3.14T
Current liabilities	₩1.8T	₩2.3T	₩2.62T	₩3.77T	₩7.91T	₩3.92T	₩5.48T	₩6.31T	₩6.09T	₩8.02T
Long-term debt	₩150B	₩49.9B	₩812B	₩802B	₩151B	₩3.19T	₩2.03T	₩2.65T	₩2.87T	₩1.26T
Lease obligations (non-current)	₩0	₩0	₩0	₩555B	₩92.2B	₩206B	₩589B	₩519B	₩388B	₩955B
Deferred revenue (non-current)	₩628M	₩1.02B	₩1.15B	₩1.14B	₩296M	₩412M	₩11B	₩170M	₩448M	₩158M
Deferred tax liabilities	₩20.6B	₩25.2B	₩86.2B	₩80.5B	₩56.5B	₩1.16T	₩986B	₩1.05T	₩928B	₩854B
Other non-current liabilities	₩266B	₩361B	₩501B	₩583B	₩548B	₩1.19T	₩1.35T	₩974B	₩889B	₩1.05T
Non-current liabilities	₩437B	₩411B	₩1.31T	₩2.02T	₩847B	₩5.74T	₩4.97T	₩5.19T	₩5.07T	₩4.11T
Total liabilities	₩2.24T	₩2.71T	₩3.93T	₩5.8T	₩8.76T	₩9.66T	₩10.4T	₩11.5T	₩11.2T	₩12.1T
Equity
Common stock & paid-in capital	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B	₩16.5B
Retained earnings	₩3.81T	₩4.56T	₩5.22T	₩5.7T	₩6.65T	₩23.1T	₩23.6T	₩24.5T	₩26T	₩25.6T
Accumulated other comprehensive income	-₩31.3B	-₩117B	-₩228B	-₩86.1B	₩140B	₩14.8B	-₩93.6B	-₩1.74T	-₩1.07T	₩1.06T
Shareholders' equity	₩3.59T	₩4.76T	₩5.24T	₩5.81T	₩7.37T	₩23.5T	₩22.7T	₩23.2T	₩25.5T	₩27.6T
Debt
Total debt (incl. leases)	₩377B	₩411B	₩1.16T	₩2.09T	₩926B	₩3.96T	₩4.2T	₩4.18T	₩3.8T	₩4.17T
Net debt (debt - cash)	-₩1.35T	-₩1.5T	-₩2.16T	-₩1.65T	-₩675B	₩1.18T	₩1.47T	₩602B	-₩394B	-₩1.81T

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