Krafton Q3 2026: PC slips as PUBG Mobile grows

Krafton Q3 2026 results: revenue up 11.6%, profit down 35.5%. PC revenue fell, PUBG Mobile grew and Subnautica 2 passed 5 million units sold worldwide.

FireGhost

November 10, 2026, 09:00 PM4 min read

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Krafton Q3 2026 results are out. Krafton's third-quarter earnings release shows revenue up 11.6% to KRW 971.4 billion, while operating profit fell 35.5% to KRW 225 billion.

The numbers arrived on November 10, the same day Nexon reported that ARC Raiders sales passed 17 million. Krafton put the profit drop down to costs tied to gamescom and other activities.

An explosion and military vehicles in a field in PUBG Battlegrounds — A scene from PUBG: Battlegrounds (Source: Krafton / Steam)

Which segments grew in Krafton Q3 2026?

PC is the weak spot this quarter. PC revenue fell 32.5% to KRW 238.9 billion, and console revenue dropped 15.9% to just KRW 8.6 billion. For a wider look at the console market this month, see Sony's report of 97.9 million PS5 sales. Mobile grew 3.2%, while other revenue jumped more than tenfold thanks to advertising and content revenue from ADK Group.

Segment	Q3 2026 revenue	YoY change
PC	KRW 238.9 billion	-32.5%
Mobile	KRW 504.3 billion	+3.2%
Console	KRW 8.6 billion	-15.9%
Other	KRW 219.6 billion	+1,117.8%

GamesIndustry.biz's report on Krafton's Q3 converts the quarter to about $725.9 million in revenue and $168.1 million in operating profit. The nine-month picture is much stronger: revenue rose 51% to KRW 3.633 trillion and operating profit climbed 14% to KRW 1.1975 trillion, both record highs for the period.

Krafton's quarter at a glance

Revenue: KRW 971.4 billion, +11.6% YoY
Operating profit: KRW 225 billion, -35.5% YoY
PUBG IP: nine-month revenue up 11%
Subnautica 2: over 5 million units sold
BGMI Air: 14 million pre-registrations before its December 10 launch

What is happening with PUBG and PUBG Mobile?

Mobile revenue rose 12% over the previous quarter. Krafton credits summer collaborations with Naruto and Ferrari. On PC and console, PUBG: Battlegrounds kept growing its monthly active users at a double-digit rate, helped by a Jujutsu Kaisen collaboration in September.

User-generated content is a big focus. PUBG: Playgrounds opened in August, and on mobile, creators can now earn money in World of Wonder. The recent PUBG Mobile 4.7 Arctic Chronicles update is part of the same push. In Q4, a collaboration with K-pop group IVE is running, and the lightweight BGMI Air launches on December 10. Krafton also says it is preparing its largest-ever update for PUBG's 10th anniversary in 2027.

Players taking cover in a village in PUBG Battlegrounds — A firefight in PUBG: Battlegrounds (Source: Krafton / Steam)

How are Subnautica 2 and new projects doing?

Subnautica 2 has passed 5 million units sold worldwide. It holds a 91% positive rating on Steam and sits on 4.45 million wishlists. Krafton plans a major Early Access 2.0 update at the end of the year before turning to the full launch.

A base built above the sea in Subnautica 2 — A player base in Subnautica 2 (Source: Krafton / Steam)

PUBG: DED.NET is also on the way. It mixes PUBG's gunplay with roguelite progression and targets console shooter fans in Western markets. An October closed beta went well, and release is planned for 2027. Krafton also showed its own language model, Raon-1 mini Preview, on October 21, and will use it for in-game AI such as PUBG Ally.

What does it mean for players?

The PC drop stands out, but Krafton's direction is clear: more collaborations, more player-made content and mobile growth in emerging markets. The results landed in a busy earnings week, alongside Take-Two's GTA 6 pre-order update. Krafton's board also approved a new KRW 300 billion share buyback on November 3.

Frequently asked questions

How much revenue did Krafton make in Q3 2026?

Krafton reported KRW 971.4 billion in third-quarter revenue, up 11.6% year over year. Operating profit fell 35.5% to KRW 225 billion.

Did PUBG Mobile revenue grow?

Yes. Mobile revenue rose 3.2% year over year to KRW 504.3 billion. Krafton credits Naruto and Ferrari collaborations for a 12% jump over the previous quarter.