NAVER Reports Q4 2025 Revenue of KRW 3.1951 Trillion and Operating Profit of KRW 610.6 Billion, with Annual Revenue Reaching KRW 12.035 Trillion
NAVER Reports Q4 2025 Revenue of KRW 3.1951 Trillion and Operating Profit of KRW 610.6 Billion, with Annual Revenue Reaching KRW 12.035 Trillion
NAVER Reports Q4 2025 Revenue of KRW 3.1951 Trillion and Operating Profit of KRW 610.6 Billion, with Annual Revenue Reaching KRW 12.035 Trillion
- Annual revenue grows 12.1% year-over-year to KRW 12.035 trillion, while annual operating profit rises 11.6% to KRW 2.2081 trillion
- Key businesses accelerate growth in Q4, including total platform ads, up 6.7% year-over-year, and Commerce, up 36.0%
- NAVER to expand strategic investments in content, AI infrastructure, and N Shipping to strengthen core business competitiveness
February 6, 2026
NAVER Corp. (CEO Choi Soo-yeon, www.navercorp.com) reported fourth-quarter 2025 revenue of KRW 3.1951 trillion and operating profit of KRW 610.6 billion.
For the full year of 2025, annual revenue rose 12.1% year-over-year to KRW 12.035 trillion, while annual operating profit increased 11.6% year-over-year to KRW 2.2081 trillion.
[Q4 2025 Revenue by Sector]
Fourth-quarter consolidated operating revenue grew 10.7% year-over-year to KRW 3.1951 trillion, driven by growth across key business divisions including total platform ads, Commerce, and Fintech. Consolidated operating profit for the quarter rose 12.7% year-over-year to KRW 610.6 billion, with an operating profit margin of 19.1%.
By business division, fourth-quarter revenue came to ▲Search Platform KRW 1.0596 trillion ▲Commerce KRW 1.054 trillion ▲Fintech KRW 453.1 billion ▲Content KRW 456.7 billion ▲Cloud KRW 171.8 billion.
Total NAVER platform advertising grew 6.7% year-over-year, driven by improved ad efficiency through AI-powered ad inventory optimization and the advancement of personalized services such as feeds and clips. Search Platform revenue stood at KRW 1.0596 trillion, down 0.5% year-over-year, but up 1.8% when excluding the impact of LY settlement effects.
Driven by solid growth in Smart Store and global C2C operations, Commerce revenue grew 36.0% year-over-year to KRW 1.054 trillion.
Fintech revenue rose 13.0% year-over-year to KRW 453.1 billion, supported by Smart Store growth and the expansion of its external ecosystem. Fourth-quarter total payment volume increased 19.0% year-over-year to KRW 23 trillion.
Content revenue came to KRW 456.7 billion, down 2.3% year-over-year.
Enterprise revenue declined 3.2% year-over-year to KRW 171.8 billion, but grew 16.6% when excluding the impact of LY settlement effects.
[2025 Annual Revenue by Sector]
Full-year revenue for Search Platform grew 5.6% year-over-year to KRW 4.1689 trillion.
Commerce annual revenue increased 26.2% year-over-year to KRW 3.6884 trillion, while annual Smart Store transaction volume rose 10% year-over-year. Moving forward, NAVER plans to strengthen its commerce competitiveness by expanding N Shipping infrastructure, advancing AI personalization, and broadening membership benefits.
Fintech annual revenue grew 12.1% year-over-year to KRW 1.6907 trillion, while Content annual revenue increased 5.7% year-over-year to KRW 1.8992 trillion.
Enterprise annual revenue rose 4.3% year-over-year to KRW 587.8 billion, driven by new GPU-as-a-Service (GPUaaS) revenue and global revenue streams from initiatives such as the Saudi Super App and digital twin projects.
“2025 was a year in which NAVER focused its capabilities on strengthening the competitiveness of core businesses such as advertising and commerce by integrating AI with its unique wealth of content and data, while also validating its search competitiveness in the AI era through the expansion of AI Briefing,” said Choi. “This year, we will create new value and monetization opportunities through Shopping Agent and AI Tab, while continuing strategic investments centered on content, AI infrastructure, and N Shipping. Through these efforts, we will focus on securing mid- to long-term growth engines across key business divisions and accelerating revenue growth.”
NAVER also announced a new three-year shareholder return program covering fiscal years 2025 through 2027. Under the new plan, NAVER plans to return 25% to 35% of its average consolidated free cash flow (FCF) from the preceding two years over the next three years through the purchase and cancellation of treasury stock or cash dividends.
Beginning in the first quarter of 2026, NAVER will update its revenue classifications to more clearly reflect its core businesses and new business opportunities. The new categories will be ▲NAVER Platform (Ads, Services) ▲Financial Platform ▲Global Initiatives (C2C, Content, Enterprise).
[Table] NAVER Q4 and Full-Year 2025 Financial Results
