Record Operating Profit
NAVER achieved an all-time high operating profit of KRW 525.3 billion, up 38.2% Y-o-Y and 11.1% Q-o-Q, marking the sixth consecutive quarter of operating profit growth.
Strong Revenue Growth
Revenue increased by 11.1% Y-o-Y and 4% Q-o-Q to KRW 2.7156 trillion, driven by growth in the search platform, commerce, and fintech segments.
Search Platform Double-Digit Growth
Search platform revenue grew by 11% Y-o-Y, achieving double-digit growth for the first time in 10 quarters.
Fintech Segment Expansion
NAVER Pay's TPV reached KRW 18.6 trillion, increasing 22.1% Y-o-Y and 6.2% Q-o-Q, with non-captive TPV growing by 38% Y-o-Y.
Webtoon Revenue Increase
Webtoon revenue increased by 11.6% Y-o-Y and 10.7% Q-o-Q, with adjusted EBITDA margin improving to 8.3%.