Kakao Games reaches top app rankings as Kakao Games stock faces losses

Published on 10/14/2026 at 02:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kakao Games stock faces a KRW 23.00 billion Q2 loss after revenue fell 35.20 percent. Dokkaebi's World ranked first in both app stores.

Launch and earnings pressure

Dokkaebi's World reached first place in both major app stores on October 8, 2026.
Second-quarter revenue fell 35.20 percent year over year to KRW 75.02 billion.
Kakao Games is scheduled to release its next earnings report on November 11, 2026.

Kakao Games, KR7293490009, Illustration mit AI erstellt.

Kakao Games stock faces a difficult profit test after Daum reported on October 13, 2026 that Dokkaebi's World ranked first in both Google Play and Apple's App Store on its October 8 launch. The result gives Kakao Games a visible operating signal, but the latest accounts show why game downloads must convert into durable revenue.

Three dated operating milestones

On August 13, 2026, Kakao Games reported second-quarter revenue of KRW 75.02 billion and an operating loss of KRW 23.03 billion, according to ATS View. On September 15, 2026, the company agreed to acquire a 21.43 percent stake in Me2on for KRW 70.10 billion, according to MarketScreener. The October 8, 2026 game launch is the latest milestone.

What does the launch mean for earnings?

The second-quarter revenue decline was 35.20 percent year over year, while the operating loss reached KRW 23.03 billion, according to ATS View. The loss marked a seventh consecutive quarter in the red and leaves the new title carrying a measurable burden: it must add sales while existing games continue to weaken.

The financial pressure extends beyond operating costs. Daum reported that first-half financial costs reached KRW 70.80 billion, up 88.80 percent from KRW 37.50 billion a year earlier. That figure exceeded the first-half operating loss of KRW 48.50 billion, making financing expenses a central variable for any profit recovery.

Hyundai Motor Securities raised its rating from Neutral to Buy and lifted its target from KRW 11,000 to KRW 13,000 on October 8, 2026, according to Financial News. The broker projected 2027 revenue growth of 128.00 percent to KRW 818.50 billion and operating profit of KRW 96.00 billion, while also expecting losses through the third quarter of 2026.

Upcoming dates and market level

Kakao Games is scheduled to release its next earnings report on November 11, 2026, according to Investing.com. The Me2on transaction is expected to close on November 16, 2026, according to MarketScreener.

On the KOSDAQ, Kakao Games was quoted at KRW 9,760 at 9:18 a.m. KST on October 14, 2026. Its 52-week range was KRW 6,780 to KRW 18,440, while market capitalization stood at KRW 1.0 trillion on the same date.