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Financials · GRVY

GRAVITY Co. Ltd. (GRVY) financials

For fiscal 2025 (ended Dec 31, 2025), GRAVITY Co. Ltd. reported ₩560.55B of revenue and ₩67.46B of net income. Figures are in KRW, the currency of its SEC filings.

Revenue, FY2025
₩560.55B
Revenue growth, YoY
+11.9%
Net income, FY2025
₩67.46B
Net income growth, YoY
-20.6%
Net margin
12.0%
Free cash flow, FY2025
₩75.04B
EPS, diluted, FY2025
₩9709.00
EPS growth, YoY
-20.6%
Cash
₩203.60B
Annual revenue₩560.55B
FY2016FY2025
Annual net income₩67.46B
FY2016FY2025
Annual free cash flow₩75.04B
FY2016FY2025

GRVY revenue and earnings growth

GRVY revenueFY2025₩560.55B

FY YoY
+11.9%
5Y CAGR
+6.7%
10Y CAGR
+31.7%

GRVY revenue was ₩560.55B for fiscal 2025 (ended Dec 31, 2025), up 11.9% from fiscal 2024. Compound annual growth was +6.7% over 5 years and +31.7% over 10 years. It rose in 9 of the last 10 fiscal years.

GRVY net incomeFY2025₩67.46B

FY YoY
-20.6%
5Y CAGR
+1.5%

GRVY net income was ₩67.46B for fiscal 2025 (ended Dec 31, 2025), down 20.6% from fiscal 2024. Compound annual growth was +1.5% over 5 years. It rose in 7 of the last 9 fiscal years.

GRVY EPSFY2025₩9709.00

FY YoY
-20.6%
5Y CAGR
+1.5%

GRVY diluted EPS was ₩9709.00 for fiscal 2025 (ended Dec 31, 2025), down 20.6% from fiscal 2024. Compound annual growth was +1.5% over 5 years.

GRVY free cash flowFY2025₩75.04B

FY YoY
-3.7%
5Y CAGR
+1.8%

GRVY free cash flow was ₩75.04B for fiscal 2025 (ended Dec 31, 2025), down 3.7% from fiscal 2024. Compound annual growth was +1.8% over 5 years. It rose in 6 of the last 9 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue₩560.55B₩500.85B₩725.52B₩463.62B₩413.94B₩405.95B₩360.97B₩286.77B₩141.62B₩51.40B
Cost of revenue₩364.27B₩306.90B₩484.96B₩267.37B₩224.17B₩239.04B₩265.79B₩210.04B₩94.23B₩29.59B
Gross profit₩196.28B₩193.94B₩240.56B₩196.25B₩189.76B₩166.91B₩95.18B₩76.73B₩47.39B₩21.81B
Research and development₩10.33B₩15.26B₩13.49B₩13.80B₩16.57B₩15.03B₩9.50B₩8.02B₩5.24B₩1.97B
Selling, general and admin₩106.92B₩92.49B₩66.07B₩77.61B₩75.63B₩62.40B₩36.87B₩34.82B₩28.01B₩15.98B
Operating income₩77.40B₩85.38B₩160.37B₩104.71B₩96.72B₩88.37B₩48.66B₩33.37B₩14.04B₩3.83B
Interest expense₩282.00M₩135.00M₩162.00M₩127.00M₩115.00M₩186.00M₩277.00M₩1.00B₩1.45B₩1.67B
Pre-tax income₩90.94B₩106.35B₩168.70B₩109.88B₩99.30B₩88.01B₩51.26B₩34.44B₩14.46B₩3.83B
Income tax₩23.63B₩21.45B₩36.72B₩26.82B₩33.42B₩25.45B₩11.53B₩3.05B₩1.14B₩3.24B
Net income₩67.46B₩84.92B₩132.02B₩83.16B₩65.95B₩62.70B₩39.88B₩31.44B₩13.32B₩657.00M
EPS, basic₩9709.00₩12221.00₩18999.00₩11968.00₩9490.00₩9023.00₩5738.00₩4525.00₩1917.00₩95.00
EPS, diluted₩9709.00₩12221.00₩18999.00₩11968.00₩9490.00₩9023.00₩5738.00₩4525.00₩1917.00₩95.00
Diluted shares0000000000

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents₩203.60B₩228.90B₩184.08B₩169.88B₩99.11B₩110.63B₩79.43B₩86.05B₩39.09B₩16.72B
Short-term investments---------₩22.00B
Receivables---------₩11.82B
Current assets₩698.51B₩653.61B₩546.90B₩421.77B₩306.13B₩246.59B₩155.86B₩160.17B₩108.87B₩53.59B
Goodwill---------₩0
Total assets₩742.66B₩686.46B₩578.18B₩444.09B₩327.53B₩265.37B₩175.43B₩173.17B₩115.88B₩55.74B
Current liabilities₩96.03B₩108.65B₩106.43B₩105.71B₩74.00B₩82.72B₩55.79B₩93.52B₩64.74B₩20.69B
Total liabilities₩105.30B₩118.10B₩114.45B₩113.91B₩80.69B₩88.02B₩59.66B₩97.62B₩71.89B₩25.10B
Shareholders' equity₩636.86B₩567.67B₩463.73B₩330.18B₩246.84B₩177.35B₩115.77B₩75.55B₩44.00B₩30.65B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow₩76.09B₩78.56B₩132.43B₩98.28B₩74.18B₩69.86B₩26.37B₩35.97B₩26.14B₩2.49B
Capital expenditures₩1.05B₩614.00M₩2.46B₩739.00M₩1.75B₩1.07B₩983.00M₩1.14B₩899.00M₩154.00M
Free cash flow₩75.04B₩77.94B₩129.97B₩97.54B₩72.44B₩68.78B₩25.39B₩34.83B₩25.24B₩2.34B
Investing cash flow-₩96.65B-₩47.03B-₩116.58B-₩22.34B-₩82.47B-₩36.05B-₩32.53B₩10.82B-₩2.98B-₩10.67B
Financing cash flow-₩4.51B-₩4.64B-₩4.08B-₩3.92B-₩3.31B-₩2.55B-₩1.69B-₩197.00M--₩5.00M
Depreciation and amortization---------₩516.00M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY11.9%-31.0%56.5%12.0%2.0%12.5%25.9%102.5%175.6%44.1%
Net income growth, YoY-20.6%-35.7%58.7%26.1%5.2%57.2%26.8%136.1%1927.2%-
EPS growth, YoY-20.6%-35.7%58.7%26.1%5.2%57.2%26.8%136.0%1917.9%-
Gross margin35.0%38.7%33.2%42.3%45.8%41.1%26.4%26.8%33.5%42.4%
Operating margin13.8%17.0%22.1%22.6%23.4%21.8%13.5%11.6%9.9%7.5%
Net margin12.0%17.0%18.2%17.9%15.9%15.4%11.0%11.0%9.4%1.3%
Free cash flow margin13.4%15.6%17.9%21.0%17.5%16.9%7.0%12.1%17.8%4.6%
Return on equity10.6%15.0%28.5%25.2%26.7%35.4%34.4%41.6%30.3%2.1%
Return on assets9.1%12.4%22.8%18.7%20.1%23.6%22.7%18.2%11.5%1.2%
Current ratio7.276.025.143.994.142.982.791.711.682.59

Source: XBRL data GRAVITY Co. Ltd. files with the SEC, latest filing dated Apr 24, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

GRVY peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GRVY₩560.55B+11.9%₩67.46B12.0%$468.4M
ADP$22.26B+6.5%$4.53B20.3%$121.55B
INFY$20.16B+4.6%$3.31B16.4%$49.85B
WDAY$10.15B+13.3%$1.25B12.3%$45.94B
ZS$3.35B+25.4%-$63.18M-1.9%$31.50B
CTSH$21.89B+5.0%$2.57B11.8%$28.50B
VRSN$1.73B+6.5%$849.80M49.1%$28.03B
VRSK$3.18B+4.9%$879.20M27.7%$26.47B
IOT$1.85B+29.5%$90.55M4.9%$24.20B

GRVY FAQ

9 questions
  • What is GRVY revenue?
    GRAVITY Co. Ltd. (GRVY) reported ₩560.55B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 11.9% from the year before.
  • Is GRVY profitable?
    Yes. GRAVITY Co. Ltd. earned ₩67.46B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 12.0%.
  • How much cash and debt does GRVY have?
    GRAVITY Co. Ltd. reported ₩203.60B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is GRVY revenue growing?
    GRAVITY Co. Ltd.'s revenue changed +11.9% in fiscal 2025, to ₩560.55B. Its compound annual growth rate was +6.7% over 5 years and +31.7% over 10 years.
  • What is GRVY gross margin?
    GRAVITY Co. Ltd.'s gross profit was ₩196.28B on ₩560.55B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 35.0%.
  • What is GRVY free cash flow?
    GRAVITY Co. Ltd. generated ₩75.04B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of ₩76.09B less capital expenditures.
  • What is GRVY earnings per share?
    Diluted earnings per share were ₩9709.00 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did GRVY last report financial results?
    The latest statements here come from GRAVITY Co. Ltd.'s 20-F filed on Apr 24, 2026, covering the period ended Dec 31, 2025.
  • Where does this GRVY financial data come from?
    Quantisnow builds these statements from the structured XBRL data GRAVITY Co. Ltd. files with the SEC. It is provided for information only and is not investment advice.