Pearl Abyss Q3 Operating Profit Edges Down Slightly... "'Crimson Desert' Sustains Long-Term Success"

Revenue up 18% year over year, with 86% generated overseas
"Crimson Desert" content expansion and platform diversification
Development update on new game "DokeV" to be shared this year

Pearl Abyss said on November 12 that it recorded consolidated revenue of 101.5 billion won, operating profit of 20.7 billion won, and net income of 10.8 billion won in the third quarter of this year.

Pearl Abyss CI. Courtesy of Pearl Abyss.

Revenue rose 18% year over year, while operating profit fell 8.8%. Net income declined 71% year over year due to foreign exchange fluctuations stemming from the stronger won. Pearl Abyss said it continued to deliver solid results by updating "Crimson Desert Enhanced," which expanded the story of "Crimson Desert."

Overseas revenue accounted for 86% of third-quarter sales, with North America and Europe making up 68% of the total. The global success of "Crimson Desert" and a rebound in "Black Desert" were cited as key drivers. Revenue by intellectual property (IP) was 61 billion won for "Black Desert" and 40.6 billion won for "Crimson Desert."

"Crimson Desert Enhanced" added new cutscenes and dialogue throughout the main quests and strengthened the storylines for each boss to deepen players' immersion in the story. It added voice-over in five languages—German, French, Spanish, Japanese, and Brazilian Portuguese—and introduced Arabic subtitles and a user interface, making the game more accessible to players around the world.

Pearl Abyss continues to expand content and diversify platforms to support the long-term success of "Crimson Desert." On October 30, it released its first downloadable content (DLC), "The Unknown Journey," worldwide simultaneously, offering a new adventure. "The Unknown Journey" tells the story of a new adventure that expands the areas players can explore beyond the continent of Pywel and out to sea. The company plans to release a Nintendo Switch 2 version of "Crimson Desert" in the first half of 2027.

"Black Desert" received content updates, including "Edania Part 2" and the new "Agent" class, along with various system improvements. Pearl Abyss said key player metrics improved after the introduction of the "Hyper Boost" system, which helps new and returning players progress quickly. These improvements included a rise in Steam rankings, an increase in daily active users (DAU), and growth in the number of streaming viewers, strengthening the game's competitive position as a live service.

A Pearl Abyss representative said, "We plan to continue introducing new content and improving our services in the fourth quarter of this year to expand our engagement with players worldwide," adding, "We will also share updates on the development of our new game, 'DokeV.'"

This content was produced with the assistance of AI translation services.