NCsoft’s Q1 2023 financials have arrived, and it wasn’t the best quarter for the Korean gaming giant, which saw both mobile and PC games slump to their lowest revenues in over a year. The company attributes the slump to a combination of “downward stabilization” of Lineage W’s sales and a “lapse of impact from large-scale updates.”
There is some good news for MMO fans, however, as the company reports that “Guild Wars 2 in China reported record-high quarterly sales since its launch in 2014, driving royalty sales up 9% QoQ.” However, Guild Wars 2’s overall revenues have fallen significantly from their post-End of Dragons spike in 2022.
During the investor call, the company finally publicly confirmed that the launch window for Throne & Liberty has moved to the second half of 2023 – a fact MMO players gleaned weeks ago thanks to leaks and the extra Korean beta. Amazon is expected to release global beta details “soon.”
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• NCsoft Korea confirms restructure and layoffs, renames Throne & Liberty team to Studio X
• NCsoft Korea is reportedly restructuring after multiple weak revenue quarters
• NCsoft Q2 2024: NCsoft says it’s not shifting focus away from MMORPGs
• NCsoft Q1 2024: Guild Wars 2 is on one hell of a revenue streak as Throne & Liberty stalls
• Hostile NCsoft shareholder meeting reveals ArenaNet is working on Guild Wars 3
• NCsoft Q4 2023: Guild Wars 2 is a bright spot for NCsoft as Throne & Liberty stumbles
• NCsoft Q3 2023: Mobile MMOs, not the classic PC titles, are dragging NCsoft down
• NCsoft Q2 2023: Throne & Liberty delayed as revenues, mobile games, and MMOs decline
• NCsoft Q1 2023: NCsoft confirms Throne & Liberty’s delay to back half of 2023
• NCsoft Q4 2022: Guild Wars 2 had a great 2022, Throne & Liberty is still launching by summer
• NCsoft Q3 2022: Lineage W drives QoQ revenues, Guild Wars 2 had a great year
• NCsoft Q2 2022: Throne and Liberty delayed to 2023, Aion 2 in dev, Guild Wars 2 booming
• NCsoft Q1 2022: Revenues rise thanks to Lineage W and Guild Wars 2, Throne and Liberty arriving this year
• NCsoft Q4 2021: Guild Wars 2 did great, but Lineage W drove revenues
• NCsoft Q3 2021: Guild Wars 2 just had its best quarter in years
• NCsoft Q1 2021: Overall revenues are down 30%, but Guild Wars 2 is perking up
• NCsoft Q4 2020: Aion Classic was a huge success, Guild Wars 2 improves on 2019
• NCsoft Q3 2020: Guild Wars 2 just had its best revenue quarter in two years
• NCsoft Q4 2019: It was a rough quarter for MMORPGs, especially Guild Wars 2
• NCsoft Q3 2019: Another flat financial quarter as NCsoft pumps money into NCWest
• NCsoft Q2 2019: Guild Wars 2 may be eyeing a mobile version (again)
• NCsoft 4Q 2018: Mobile made almost twice as much as all NCsoft’s other MMOs combined
• NCsoft Q3 2018: NCsoft sales continue downward slide while online PC sales trend up
• NCsoft Q3 2018: Aion, Blade & Soul, Guild Wars 2 revenues dip, while NCsoft teases three new titles
• NCsoft Q2 2018: Revenues for all NCsoft MMORPGs are down in Q1 2018 except… Aion?
• NCsoft Q1 2018: NCsoft has hired 1000 employees in the past few years, considers VR and ARG titles
• NCsoft Q4 2017: Guild Wars resurges as Blade & Soul and Lineage M drive profits
• NCsoft Q3 2017: Lineage M drives record profits, Guild Wars 2 Path of Fire isn’t too shabby either
• NCsoft Q2 2017: Guild Wars 2 drops to new all-time low, Blade and Soul heads to console
• NCsoft Q1 2017: Tumbles for Lineage, Guild Wars 2, plus new leadership for Lineage Eternal
• NCsoft 4Q 2016: Record sales, WildStar’s fate, Lineage Eternal launch
• NCsoft Q3 2016: Declines for WildStar, Guild Wars 2, and Blade & Soul
• NCsoft Q2 2016: WildStar up, Guild Wars 2 down
• NCsoft Q1 2016: Blade & Soul is booming, WildStar is tumbling
• NCsoft Q4 2015: Sales surge for Guild Wars 2, bump for WildStar
• NCsoft Q3 2015: Guild Wars 2, WildStar, all sales dip downward [Updated]
• NCsoft Q2 2015: Guild Wars 2 is up, WildStar is down
• NCsoft Q1 2015: Growth for Guild Wars 2, further deflation for WildStar
• NCsoft Q4 2014: NCsoft financials paint a grim picture for WildStar
