Webzen has officially disclosed its financial performance for the second quarter and the first half of 2025.

On the 7th, Webzen released its figures for Q2 and the first half of 2025. The company’s revenue for Q2 2025 hit 39.1 billion KRW, a sharp 18.6% drop compared to the same period last year. Operating profit and net profit plummeted to 6.2 billion KRW and 6.7 billion KRW respectively, marking year-on-year declines of 47.7% and 51.6%. For the first half of 2025, revenue stood at 80.7 billion KRW, down 25%, while operating profit fell by 49% to 15.1 billion KRW.

Breaking down revenue by product, the MU IP remains the backbone, accounting for 67% of the total with 26 billion KRW. This is followed by R2 at 3.1 billion KRW (8%), Metin2 at 5.9 billion KRW (15%), Shot Online at 1.1 billion KRW (3%), and others at 2.9 billion KRW (7%). Regionally, domestic revenue fell by 34% year-on-year to 19.3 billion KRW, while overseas revenue climbed by 6% to 19.7 billion KRW. With overseas revenue share growing by 12%p, it has officially overtaken domestic sales for the first time in about two years.

Operating expenses for the second quarter were 32.9 billion KRW, a 9% decrease from the previous year. Labor costs remained the largest expenditure at 17.3 billion KRW, up 6% year-on-year. Meanwhile, commission fees dropped by 34% to 10.7 billion KRW, largely due to the decline in total revenue.

Looking ahead, Webzen aims to turn the tide by focusing on the launch of new titles within the year, including the open-world RPG Dragon Sword and the idle RPG MU: Pocket Knights.

Webzen CEO Kim Tae-young stated, "The company is currently prioritizing development refinements to ensure the quality and long-term success of upcoming titles." CEO Kim Tae-young added, "We are continuing to invest in high-potential developers, and we are currently realigning our business schedule to expedite the release of unannounced projects that have reached a sufficient level of polish."