Taiwan was Gravity’s largest region in fiscal 2025, bringing in $133.72B of $560.55B (24%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Taiwan | $175.66B | $176.07B | $114.41B | $133.72B | ||||||
| Thailand | $75.50B | $136.87B | $61.78B | $53.40B | ||||||
| Korea | $46.72B | $86.06B | $53.14B | $38.87B | ||||||
| The Philippines | $26.00B | $102.60B | $58.93B | $52.68B | ||||||
| Others | $18.76B | $36.98B | $56.65B | $54.85B | ||||||
| Other | — | — | — | — | ||||||
| Malaysia | $24.83B | $58.55B | $26.36B | $18.00B | ||||||
| The United States Of America | $33.70B | $22.70B | $34.65B | $52.69B | ||||||
| United States Of America | — | — | — | — | ||||||
| Indonesia | $5.47B | $58.76B | $32.37B | $85.06B | ||||||
| Idaho | — | — | — | — | ||||||
| Japan | $26.13B | $19.00B | $18.86B | $27.64B | ||||||
| Brazil | $6.44B | $5.26B | $26.43B | $23.48B | ||||||
| Hong Kong | $24.40B | $22.66B | $17.26B | $20.16B | ||||||
| Hongkong | — | — | — | — | ||||||
| Total | $463.62B | $725.52B | $500.85B | $560.55B |
Gravity brought in $560.55B from its 11 regions in fiscal 2025, the year ended December 31, 2025. That was up 11.9% from $500.85B in fiscal 2024. Taiwan was the largest at $133.72B (23.9%), ahead of Indonesia at $85.06B (15.2%) and Others at $54.85B (9.8%). The other eight regions brought in $286.91B combined.
Compared with fiscal 2024, Indonesia grew fastest, up 162.8% to $85.06B, while Malaysia fell the most, down 31.7% to $18.00B. From fiscal 2022 to 2025, combined revenue from these regions grew from $463.62B to $560.55B, a compound annual growth rate of 6.5%. Taiwan's share of the total fell from 37.9% to 23.9%.
Micro-Transaction Revenue was Gravity’s largest revenue line in fiscal 2025, bringing in $481.02B of $560.55B (86%).
| Products and services [axis] | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Micro-Transaction Revenue | $341.77B | $639.23B | $409.95B | $481.02B | ||||
| Micro-Transaction & Subscription Revenue | — | — | — | — | ||||
| Royalties & License Fees | $106.26B | $71.39B | $72.71B | $64.56B | ||||
| Others | $15.59B | $14.90B | $18.18B | $14.97B | ||||
| Total | $463.62B | $725.52B | $500.85B | $560.55B |
Gravity brought in $560.55B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 11.9% from $500.85B in fiscal 2024. Micro-Transaction Revenue was the largest at $481.02B (85.8%), ahead of Royalties & License Fees at $64.56B (11.5%) and Others at $14.97B (2.7%).
Compared with fiscal 2024, Micro-Transaction Revenue grew fastest, up 17.3% to $481.02B, while Others fell the most, down 17.6% to $14.97B. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $463.62B to $560.55B, a compound annual growth rate of 6.5%. Micro-Transaction Revenue's share of the total rose from 73.7% to 85.8%.
Mobile was Gravity’s largest segment in fiscal 2025, bringing in $455.24B of $560.55B (81%).
| Segment | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Mobile | $358.77B | $629.60B | $405.68B | $455.24B | ||||
| Online | $89.26B | $81.02B | $76.99B | $90.34B | ||||
| Others | $15.59B | $14.90B | $18.18B | $14.97B | ||||
| Other | — | — | — | — | ||||
| Inter- Segment Eliminations | — | — | — | — | ||||
| Elimination Of Intersegment Amounts | — | — | — | — | ||||
| Total | $463.62B | $725.52B | $500.85B | $560.55B |
Gravity brought in $560.55B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 11.9% from $500.85B in fiscal 2024. Mobile was the largest at $455.24B (81.2%), ahead of Online at $90.34B (16.1%) and Others at $14.97B (2.7%).
Compared with fiscal 2024, Online grew fastest, up 17.3% to $90.34B, while Others fell the most, down 17.6% to $14.97B. From fiscal 2022 to 2025, combined revenue from these segments grew from $463.62B to $560.55B, a compound annual growth rate of 6.5%. Mobile's share of the total rose from 77.4% to 81.2%.
Gravity (GRVY) reports its revenue by geography, by products and services [axis] and by segment. In fiscal 2025, Taiwan was its largest region, bringing in $133.72B (23.9% of the total), followed by Indonesia at $85.06B (15.2%).
Taiwan was Gravity's largest region in fiscal 2025, bringing in $133.72B, or 23.9% of the $560.55B total across its 11 regions.
Micro-Transaction Revenue was Gravity's largest revenue line in fiscal 2025, bringing in $481.02B, or 85.8% of the $560.55B total across its three revenue lines.
Mobile was Gravity's largest segment in fiscal 2025, bringing in $455.24B, or 81.2% of the $560.55B total across its three segments.
Among Gravity's regions that make up at least 2% of revenue, Indonesia grew fastest in fiscal 2025, up 162.8% from $32.37B to $85.06B.
Every figure comes from Gravity's annual financial filings, as reported. Each line keeps the name Gravity gives it, and years follow its fiscal calendar.
Gravity's revenue by geography goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.