NAVER Corporation (NAVER) income statement

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

NAVER Corporation (NAVER) reported revenue of ₩3.39T for Q2 '26 (+16.3% year on year), operating income of ₩520B (15.4% of revenue) and net income of ₩699B. Over the last four quarters revenue was ₩13T.

Income statement

Income statement	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Revenue	₩2.45T	₩2.54T	₩2.53T	₩2.61T	₩2.72T	₩2.89T	₩2.79T	₩2.92T	₩3.14T	₩3.2T	₩3.24T	₩3.39T
Cost of revenue	₩1.56T	₩1.61T	₩1.64T	₩1.69T	₩1.73T	₩1.85T	₩1.78T	₩1.86T	₩1.98T	₩1.99T	₩2.1T	₩2.24T
Gross profit	₩887B	₩2.54T	₩886B	₩2.61T	₩2.72T	₩1.04T	₩2.79T	₩2.92T	₩1.16T	₩1.21T	₩1.14T	₩1.15T
Research & development	₩507B	₩521B	₩447B	₩452B	₩463B	₩496B	₩502B	₩537B	₩588B	₩595B	₩602B	₩0
Sales & marketing	₩0	₩4.95T	₩0	₩0	₩0	₩5.31T	₩0	₩0	₩0	₩6.04T	₩0	₩0
General & administrative	₩2.07T	-₩5.62T	₩2.09T	₩2.14T	₩2.19T	-₩5.91T	₩2.28T	₩2.39T	₩2.57T	-₩6.67T	₩2.7T	₩2.87T
Other operating expenses	-₩4.13T	₩2.28T	-₩2.09T	-₩452B	-₩463B	₩594B	-₩502B	-₩537B	-₩2.57T	₩1.23T	-₩2.7T	-₩2.24T
Operating expenses	-₩2.07T	₩2.13T	₩447B	₩2.14T	₩2.19T	₩496B	₩2.28T	₩2.39T	₩588B	₩595B	₩602B	₩633B
Operating income	₩380B	₩405B	₩439B	₩473B	₩525B	₩542B	₩505B	₩522B	₩571B	₩611B	₩542B	₩520B
Interest income	₩27.3B	₩28.9B	₩32B	₩126B	₩48.1B	₩55.2B	₩133B	₩172B	₩123B	₩378B	₩208B	₩301B
Interest expense	₩68.5B	₩277B	₩174B	₩163B	₩82.4B	-₩120B	₩47B	₩240B	₩57.5B	₩217B	₩97.6B	₩148B
Other non-operating income (gains on investments, FX ...)	-₩430	-₩120B	₩0	₩0	₩0	-₩448B	₩0	₩0	-₩67.5B	₩0	₩0	₩0
Total non-operating income	₩124B	₩33.7B	₩221B	-₩5.33B	₩128B	-₩639M	₩74.8B	₩162B	₩286B	-₩311B	-₩148B	₩382B
Income before tax	₩505B	₩439B	₩660B	₩467B	₩653B	₩541B	₩580B	₩684B	₩857B	₩300B	₩394B	₩902B
Income tax	₩148B	₩141B	₩104B	₩135B	₩123B	₩27.3B	₩156B	₩186B	₩122B	₩137B	₩103B	₩198B
Net income	₩376B	₩314B	₩511B	₩338B	₩520B	₩554B	₩425B	₩489B	₩726B	₩313B	₩285B	₩699B
EPS (basic)	₩2,495.23	₩2,083.70	₩3,381.62	₩2,224.00	₩3,423.00	₩3,717.29	₩2,832.80	₩3,256.00	₩4,843.00	₩2,093.98	₩1,818.91	₩4,665.00
EPS (diluted)	₩2,462.00	₩2,083.70	₩3,309.00	₩2,187.00	₩3,389.00	₩3,615.33	₩2,748.00	₩3,227.00	₩4,807.00	₩2,125.00	₩1,864.00	₩4,635.00
Shares (basic, weighted)	151M	151M	151M	155M	152M	149M	155M	155M	150M	81.1M	160M	158M
Shares (diluted, weighted)	153M	151M	154M	155M	154M	153M	155M	155M	151M	81.1M	160M	158M
Depreciation & amortization	₩148B	₩174B	₩162B	₩161B	₩179B	₩172B	₩178B	₩186B	₩199B	₩183B	₩237B	₩221B
EBITDA	₩529B	₩839B	₩601B	₩634B	₩704B	₩1.16T	₩683B	₩708B	₩837B	₩793B	₩779B	₩741B

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	₩4.02T	₩4.68T	₩5.59T	₩6.59T	₩5.3T	₩6.82T	₩8.22T	₩9.67T	₩10.7T	₩12T
Cost of revenue	₩1.56T	₩3.05T	₩4.05T	₩2.97T	₩3.83T	₩5.18T	₩6.47T	₩7.66T	₩8.15T	₩9.13T
Gross profit	₩2.46T	₩1.63T	₩1.53T	₩3.62T	₩5.3T	₩6.82T	₩8.22T	₩9.67T	₩2.59T	₩2.9T
Research & development	₩1.01T	₩1.13T	₩1.4T	₩1.1T	₩1.33T	₩1.66T	₩1.81T	₩1.99T	₩1.86T	₩2.22T
Sales & marketing	₩1.45T	₩1.85T	₩2.44T	₩3.1T	₩2.39T	₩3.21T	₩4.18T	₩4.95T	₩5.31T	₩6.04T
General & administrative	₩277B	₩338B	₩450B	₩493B	₩230B	₩275B	₩384B	₩430B	₩509B	₩569B
Other operating expenses	-₩30.8B	-₩38.7B	-₩25B	₩1.19T	₩16.1B	₩15B	-₩5.93T	-₩4.86T	-₩7.07T	-₩8.13T
Operating expenses	₩2.92T	₩3.5T	₩4.64T	₩5.88T	₩257B	₩310B	₩441B	₩519B	₩607B	₩694B
Operating income	₩1.1T	₩1.18T	₩943B	₩710B	₩1.22T	₩1.33T	₩1.3T	₩1.49T	₩1.98T	₩2.21T
Interest income	₩35.6B	₩36.7B	₩27.2B	₩11.5B	₩16B	₩20B	₩59.2B	₩101B	₩174B	₩223B
Interest expense	₩6.07B	₩584M	₩38.8B	₩25.4B	₩32.4B	₩45.2B	₩71.7B	₩91.4B	₩105B	₩121B
Other non-operating income (gains on investments, FX ...)	₩132B	-₩17.2B	₩104B	₩0	-₩440B	-₩301B	₩246B	-₩120B	-₩303B	₩0
Total non-operating income	-₩138B	₩16.6B	-₩118B	-₩31.4B	₩418B	₩801B	-₩221B	-₩7.42B	₩343B	₩212B
Income before tax	₩1.13T	₩1.2T	₩1.11T	₩867B	₩1.63T	₩2.13T	₩1.08T	₩1.48T	₩2.32T	₩2.41T
Income tax	₩361B	₩423B	₩489B	₩466B	₩493B	₩649B	₩411B	₩496B	₩390B	₩593B
Net income	₩749B	₩773B	₩649B	₩400B	₩1T	₩16.5T	₩760B	₩1.01T	₩1.92T	₩1.95T
EPS (basic)	₩5,149.20	₩1,062.40	₩4,436.75	₩2,751.34	₩6,876.56	₩10,392.00	₩5,007.21	₩6,661.00	₩12,702.00	₩13,009.00
EPS (diluted)	₩5,102.80	₩1,059.20	₩4,436.75	₩2,751.34	₩6,838.75	₩10,299.00	₩4,985.43	₩6,576.00	₩12,553.00	₩12,907.00
Shares (basic, weighted)	146M	145M	146M	146M	146M	149M	150M	150M	151M	146M
Shares (diluted, weighted)	147M	145M	146M	146M	147M	150M	150M	151M	151M	146M
Depreciation & amortization	₩163B	₩206B	₩261B	₩498B	₩495B	₩433B	₩561B	₩582B	₩674B	₩745B
EBITDA	₩1.3T	₩1.38T	₩1.2T	₩1.9T	₩2.15T	₩2.06T	₩1.62T	₩2.19T	₩2.96T	₩2.95T

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.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen 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