At the end of summer, we compiled a comprehensive report on the gaming stock market situation. To update the data and capture trends, we again analyzed the status of over 60 public companies and examined how their positions have changed since the beginning of 2025. Inside, you’ll find our traditional abundance of graphs, numbers, and information across various markets.

Since its release on October 30, the shooter has sold 4 million copies, according to Nexon’s financial report for the third quarter of 2025.

A couple of years ago, many developers and analysts called the metaverse and NFTs the future of the gaming industry, and even earlier, expected an explosive growth in VR. However, the promised revolution did not occur. Former CEO of Nexon, Owen Mahoney, wrote an article on his blog urging companies not to get carried away with trendy ideas but to focus primarily on the players.

We analyzed data from over 60 public gaming companies to examine how their standings have changed since the beginning of 2025. In this special feature, we include graphs, tables, as well as numerous interesting insights and information about specific publishers and general trends across various markets.

Currently, the Ministry of Economy and Finance of South Korea is the second-largest shareholder of the NXC holding, which manages the Nexon corporation. However, this scenario might soon change. The agency has decided to divest its stake and has initiated the sale of shares.

The Chinese giant Tencent is not planning to buy Nexon. The company informed Reuters that the rumors about their intent to strike a deal are not true.

Last week, Bloomberg reported that Tencent is allegedly in talks to acquire the Korean holding company Nexon. According to the Korea Game Society, if the deal goes through, it will harm the development of South Korea.

There are various models for segmenting the gaming industry. One of the simplest yet most unique belongs to a former Nexon executive. Let’s examine it in detail and discuss how publishers and investors often misjudge their resources and expertise.

Neople Studio pays its employees significantly more than some other major gaming companies from South Korea. This conclusion was reached by journalists from ChosunBiz, who examined the audit report of the Dungeon & Fighter developers.

The first three months of 2025 were mixed for Nexon. In the report for the quarter ending March 31, the company reported both an increase in revenue and operating profit, as well as falling short of forecasts for several games, including The First Berserker: Khazan.

KRAFTON, Nexon, and several other gaming companies from South Korea have undertaken business optimization, reports ChosunBiz. It is suggested that they have decided to focus more directly on games amid challenging market conditions.

The creators of Dark and Darker are not the only developers whom Nexon has accused of stealing game developments. According to their claim, the Korean police have now searched the office of the Dynamis One studio.

A new development in the conflict between Ironmace Studios and Nexon over Dark and Darker. In South Korea, the court found the game creators guilty of violating Nexon’s trade secrets and ordered them to pay substantial compensation.

Dungeon & Fighter Mobile was released in China in May 2024 and became a huge success for Tencent and Nexon. According to analysts from Niko Partners, by the end of last year, the mobile game earned nearly $2.5 billion in China.

The studio Mintrocket announced that their underwater culinary adventure, Dave the Diver, has surpassed 5 million copies sold worldwide.

The financial reporting season continues as Nexon has now unveiled the results for the third quarter of 2024 (July-September). For the second consecutive time, the company has reported record-breaking revenues.

The CEO of Nexon Games, Park Yong Hyun, in an interview with the 4Gamer portal, mentioned that his team doesn’t heavily rely on market data when it comes to assessing the potential of games.

The mobile version of Dungeon & Fighter has surpassed the one billion dollar revenue mark, reports the analytics company Sensor Tower. The game earned 82% of this amount in China, where it was released in May 2024.

Nexon has clarified the situation regarding the studio behind Dave the Diver. The company has refuted rumors about Mintrocket’s plans to exit its structure, but some changes are inevitable.