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Nexon’s Q2 2025 Outcomes: MapleStory Drives Progress Whereas ARC Raiders Locks in October Launch – MMOs.com
Nexon’s newest earnings reveal a stable second quarter, with its long-running franchises doing a lot of the heavy lifting. The Tokyo-listed South Korean developer & writer reported income of ¥118.9 billion ($810 million) for the three months ending June 30, 2025. That determine is down 3 % 12 months over 12 months in yen phrases however up 6 % as soon as foreign money swings are stripped out. Working revenue reached ¥37.7 billion, comfortably forward of inner forecasts, although internet revenue fell on foreign-exchange losses.
Behind the headline numbers, MapleStory’s 20-year-old PC model continues to shock, posting report engagement in Korea and serving to the broader franchise leap 60 % 12 months over 12 months. Dungeon & Fighter’s PC consumer additionally bounced again due to beefy vacation updates, although the general collection declined as a result of final 12 months’s cell launch is of course cooling off. Nexon’s fledgling shooter slate is pacing itself for the worldwide debut of Embark Studios’ co-op extraction sport ARC Raiders on October 30, presently one in every of Steam’s most-wish-listed titles.
Income combine: MapleStory, FC On-line, and Dungeon & Fighter (PC) led the quarter, offsetting a predictable drop from Dungeon & Fighter Cell.
MapleStory momentum: Korea’s summer time replace pushed the sport to a 25 % PC-café market share—an all-time excessive for the veteran MMO.
Dungeon & Fighter (PC): Korean income greater than doubled 12 months over 12 months, whereas China noticed double-digit progress after its Labor Day and Anniversary patches.
Cell follow-ups: Mabinogi Cell stored post-launch engagement excessive, and MapleStory: Idle RPG is slated for launch later in 2025.
Shooter pipeline: Embark’s THE FINALS secured a Chinese language ISBN and entered closed alpha on Tencent’s servers, whereas The First Descendant kicked off its third season in early August.
New tasks: Nexon teased Woochi the Wayfarer, a console-and-PC action-adventure that joins Nexon’s try to broaden past live-service MMOs.
Web3 experiment: MapleStory N launched in choose markets to check a player-driven economic system on blockchain infrastructure, although Nexon describes it as an exploratory challenge somewhat than a core income driver.
For Q3, Nexon expects MapleStory to keep up its torrid tempo, forecasts one other sturdy quarter for Dungeon & Fighter’s PC model, and is leaning on advertising and marketing tie-ins round FC On-line’s “Crew of the Season” to maintain the soccer collection lively throughout a historically tender interval. Whereas EA runs the FC soccer video games within the U.S. and Europe, Nexon runs a cell model of their core asian markets. The larger highlight, nevertheless, will likely be on how properly ARC Raiders performs when it lastly lands on PC and consoles on the finish of October.
For extra attention-grabbing monetary knowledge in regards to the firm's efficiency try the complete Q2 investor deck.
Additional studying: Full investor presentation deck