Naver Surpasses 3 Trillion Won in Quarterly Revenue with Increased AI Integration... Operating Profit Hits All-Time High

3Q Revenue Reaches 3.1381 Trillion Won, Up 15.6% Year-on-Year
Operating Profit Hits Record Quarterly High at 570.6 Billion Won

Naver has recorded its first-ever quarterly revenue exceeding 3 trillion won and achieved its highest operating profit to date. This was driven by the success of "on-service AI," which integrates artificial intelligence (AI) into Naver's services.

Naver announced on the 5th that its consolidated revenue for the third quarter of this year reached 3.1381 trillion won, a 15.6% increase compared to the same period last year. During the same period, operating profit was 570.6 billion won, up 8.6% year-on-year.

This is the first time Naver's quarterly revenue has surpassed 3 trillion won. Its operating profit also marked an all-time high on a quarterly basis. A Naver representative explained, "Third-quarter revenue saw solid growth in key business segments such as search platform and commerce, thanks to the integration of AI."

Revenue by business segment for the third quarter was as follows: search platform 1.0602 trillion won, commerce 985.5 billion won, fintech 433.1 billion won, content 509.3 billion won, and enterprise 150 billion won.

This content was produced with the assistance of AI translation services.