Following a corporate restructuring and a change in its fiscal year, Smilegate maintained revenue in the ₩1 trillion range for 2025.

According to an audit report disclosed by Smilegate on the 14th, the company’s consolidated annual revenue for 2025 was ₩1.4365 trillion, a 5.6% decrease from the previous year. The decline is primarily attributed to a drop in revenue across its overall game IP portfolio. While 'CrossFire,' now in its 17th year of service, continued to perform steadily, other major IPs saw a slight decline in sales.

Annual operating profit reached ₩359.8 billion, with a net profit of ₩302.3 billion. These figures represent declines of 30.1% and 36.2%, respectively, compared to the previous year. The decrease in profit is largely due to increased investment costs for the development of new IPs.

A Smilegate official stated, "The decline in operating and net profit was amplified by rising costs for future investments, including the development of multiple new IPs." Indeed, the audit report lists major expenses including ₩333.672 billion in salaries, ₩167.844 billion in commissions, and ₩110.269 billion in outsourcing fees.

Despite the dip in profitability, Smilegate ranked 5th in domestic revenue, following Nexon (₩4.5072 trillion), KRAFTON (₩3.3266 trillion), Netmarble (₩2.8351 trillion), and NCSoft (₩1.5069 trillion). In terms of operating profit, it ranked 3rd in the industry, trailing only Nexon (₩1.1765 trillion) and KRAFTON (₩1.0544 trillion).

Looking ahead, Smilegate is pinning its hopes on a new lineup of games scheduled for release in the second half of the year. The company emphasized, "While short-term performance is difficult to predict due to various external variables, we have laid a solid foundation for mid-to-long-term improvement with major titles such as 'Eclipse,' 'Lost Ark Mobile,' and 'Miraesi' preparing for launch starting in the second half of this year."

According to the disclosure, Smilegate’s cash dividends were recorded at ₩168.36 billion. This figure combines the ₩69.7 billion dividend for 2024 and the ₩98.7 billion dividend for 2025, as the actual cash outflow occurred in 2025. Currently, founder Kwon Hyuk-bin holds a 100% stake in the parent company.

Meanwhile, as of January 1, 2026, Smilegate reorganized into a single integrated entity by merging its three major subsidiaries: Smilegate Holdings, Smilegate Entertainment, and Smilegate RPG. Smilegate CEO Sung Joon-ho previously explained, "Through this corporate integration, we have established a foundation to concentrate all our capabilities and resources under a clear vision and business strategy, allowing us to move forward in a unified direction."