Pearl Abyss has continued to post operating losses into the second quarter of the year.

Pearl Abyss disclosed its Q2 2025 financial results on the 13th. The company reported revenue of 79.6 billion KRW, a 2.7% decline compared to the same period last year. Meanwhile, the operating loss hit 11.8 billion KRW, and the net loss reached 22.7 billion KRW, marking a continued operating loss and a shift to a net loss year-on-year, respectively.

According to the revenue breakdown, the primary culprit for this downturn is the waning performance of the Black Desert IP. While revenue from the EVE IP saw a minor uptick, it was not enough to offset the decline. Geographically, overseas revenue remained steady at 82% of the total, yet the mobile platform share dropped by 9 percentage points compared to the previous year, highlighting the clear struggle of Black Desert Mobile.

Operating expenses for the quarter climbed to 91.3 billion KRW, a 4.3% increase year-on-year. The main driver was marketing costs for the upcoming launch of Crimson Desert, which spiked by 43.9% to reach 10.4 billion KRW. Meanwhile, commission fees dipped by 1.6% to around 18.1 billion KRW, reflecting the decline in Black Desert Mobile. Labour costs, the largest portion of expenses, rose by 1.5% to 47.1 billion KRW, with the company’s headcount growing by 2.2% to 1,360 employees.

In the meantime, Pearl Abyss has announced that its upcoming title, 'Crimson Desert' is scheduled for a Q1 2026 release.

Jo Mi-young, CFO of Pearl Abyss, stated, "We will continue to provide stable live services for Black Desert and EVE throughout the second half of 2025, while doing our absolute best to ensure the successful launch of Crimson Desert."