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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Kakao Games
Kakao Games (293490) investor relations material
Kakao Games Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary4 Nov, 2026
Executive summary
Q3 revenue was KRW 69.1bn, down 45.8% YoY and 7.9% QoQ; operating loss was KRW 26.3bn. Management characterized Q3 as the revenue bottom, with recovery expected from Q4.
9M 2026 revenue was KRW 227.0bn and operating loss KRW 74.8bn, reflecting lower PC and mobile game revenue.
Financial highlights
Q3 operating loss widened from KRW 5.4bn in 3Q25 and KRW 23.0bn in 2Q26; net loss narrowed QoQ after one-off financial expenses in 2Q26 were absent.
Operating expenses were KRW 95.4bn, down 28.2% YoY and 2.7% QoQ.
Marketing costs rose 76.2% QoQ to KRW 6.2bn; commissions fell 4.3% QoQ to KRW 35.0bn.
Labor costs were KRW 36.7bn, flat YoY and down 6.5% QoQ; depreciation and amortization was KRW 10.0bn, down 18.9% YoY.
Segment performance
PC revenue was KRW 18.5bn, down 56.7% YoY and 17.2% QoQ, amid an off-season for legacy-title promotions.
Mobile revenue was KRW 50.6bn, down 40.3% YoY and 4.0% QoQ amid legacy-title declines and few new releases; domestic Odin revenue and traffic rose QoQ.
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Latest events from Kakao Games
- Q2 2024 saw sharp revenue and profit declines, with a net loss and focus on global, blockchain, and AI growth.293490
Q2 2024 - Q3 2024 revenue and profit fell sharply, but PC game growth and global expansion plans continue.293490Q3 2024
- Revenue and profit fell sharply in 2024, with recovery expected from new titles in 2025.293490Q4 2024
- Q2 2025 revenue fell 24% year-over-year, but operating loss narrowed as new titles are planned.293490Q2 2025
- Q1 2025 saw revenue and profit decline, with global launches planned to support recovery.293490Q1 2025
- Q3 2025 revenue rebounded QoQ, net income turned positive, and PC game revenue surged.293490Q3 2025
- FY25 saw steep revenue and profit declines, but AAA launches are set to drive recovery from late 2026.293490Q4 2025
- Q1 2026 revenue fell to KRW 82.9B with a net loss of KRW 39.5B; global launches planned.293490Q1 2026
- Q2 2026 revenue dropped 35% YoY, with losses narrowing and new titles expected to drive recovery.293490Q2 2026
Next Kakao Games earnings date
Q4 202610 Feb, 2027
Kakao Games
Next Kakao Games earnings date
Q4 202610 Feb, 2027
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