NEXON Co Ltd

3659: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Nexon Earnings: Fair Value up 6% on Better US and Europe Outlook With ARC Raiders' Powerful Debut

Pujance Chan

Nov 13, 2025

Nexon's September-quarter revenue and operating income declined by 12.4% and 18.5% year over year, respectively. A 45% decline in Dungeon & Fighter revenue was partially offset by a 61% increase in Maple Story revenue.

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NEXON Co Ltd

Nexon Earnings: Fair Value up 6% on Better US and Europe Outlook With ARC Raiders' Powerful Debut

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