NCSoft Q2 2016 1

It’s that time of year again, time for another financial statement from NCSoft. There’s a little good and a little bad, but the overall picture of the company’s health is improving.

Sales have held pretty steady for three quarters in a row now, but lower expenses in Q2 helped drive operating profit and net income up nicely, to their highest values in over a year. Sales in Korea were especially good, attributed to “all key IPs performing well, with particular strength from Lineage 1.” Lineage in particular jumped up from 78,877 million Korean won in Q1 to 94,430 mKRW in Q2, its highest total since Q4 2014 and second-highest ever.

Sales in the US and EU dipped, however, by about 1/3, and that can probably be attributed in large part to Guild Wars 2. Its sales dropped nearly in half, from 30,557 mKRW to 15,894 mKRW — its worst quarter ever. Discontent in the GW2 community was at an all-time high earlier this year, and it remains to be seen if the new content injection can stabilize this downward trend. Aion and Blade & Soul also endured slight dips.

NCSoft Q2 2016 2

In better news, WildStar is up! After dropping to an abysmally low 1,282 mKRW in Q1, it bounced back to 2,203 mKRW in Q2, June’s Steam launch probably has a bit to do with that, but it’s still a few ticks below the 2,668 mKRW the game had after going free-to-play. It’ll be interesting to see if it can maintain that momentum going forward.

You can access the full financial report on the NCSoft Investor Relations page.

the author

Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.

7 Readers Commented

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  1. Domantas on August 25, 2016

    Lineage Eternal its NCsoft best make game ever and up finance.

  2. Randyblythe on August 17, 2016

    I want to enjoy GW2, I really really do.

    Two major issues – No gear grind and No trinity.

    Those issues just happen to be a major selling point of the game.

    I think if it had endgame progression and trinity it would be amazing, but as it is it’s literally nothing but a zergfest with a mediocre story and a somewhat interesting questing system.

  3. voydd on August 16, 2016

    Go WS Go! Go WS Go!

  4. Hannah on August 15, 2016

    What does mKRW mean? Would be nice if that was included somewhere…

    • Hannah on August 15, 2016

      Whoops.. My bad! Found it up there. Glazed over it in my first read. “million Korean won”.

  5. Eric on August 15, 2016

    Had too many convenience into your games and this will happened. Just like WoW when they started to had over the top things and label them as convenience items or tools they added to the game, players started to leave. They come back almost in full at each xpac but not even 6 months after almost all of them are gone except the one’s that like convenience items or tools. ” The whales as we call them “. they always stick around right 😛

    • cacalips on August 16, 2016

      Not raelly. Lineage shut down US but is still number 1 mmorpg and m ostly korean audience. All depends what audience. Not all nations like WOW.