Gravity (GRVY) Revenue & Revenue Breakdown
Gravity Revenue Highlights
Latest Revenue (Y)
$713.44B
Latest Revenue (Q)
$119.78B
Main Segment (Y)
Royalties And License Fees
Main Geography (Y)
TAIWAN
Gravity Revenue by Period
Gravity Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $713.44B | 53.89% |
| 2022-12-31 | $463.62B | 12.00% |
| 2021-12-31 | $413.94B | 1.97% |
| 2020-12-31 | $405.95B | 12.46% |
| 2019-12-31 | $360.97B | 25.87% |
| 2018-12-31 | $286.77B | 102.49% |
| 2017-12-31 | $141.62B | 305.10% |
| 2016-12-31 | $34.96B | -1.96% |
| 2015-12-31 | $35.66B | 0.84% |
| 2014-12-31 | $35.36B | -16.67% |
| 2013-12-31 | $42.44B | -18.31% |
| 2012-12-31 | $51.95B | 29.15% |
| 2011-12-31 | $40.22B | 3.19% |
| 2010-12-31 | $38.98B | -11.30% |
| 2009-12-31 | $43.95B | -17.35% |
| 2008-12-31 | $53.17B | 32.09% |
| 2007-12-31 | $40.25B | 3.02% |
| 2006-12-31 | $39.07B | -26.03% |
| 2005-12-31 | $52.82B | -15.16% |
| 2004-12-31 | $62.26B | 35.22% |
| 2003-12-31 | $46.04B | 385.15% |
| 2002-12-31 | $9.49B | 100.00% |
| 2001-12-31 | - | -100.00% |
| 2000-12-31 | $405.00M | - |
Gravity generated $713.44B in revenue during NA 2023, up 53.89% compared to the previous quarter, and up 248.79% compared to the same period a year ago.
Gravity Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $119.78B | -17.69% |
| 2023-12-31 | $145.53B | -17.38% |
| 2023-09-30 | $176.15B | -26.27% |
| 2023-06-30 | $238.89B | 44.83% |
| 2023-03-31 | $164.95B | -6.34% |
| 2022-12-31 | $176.11B | 72.03% |
| 2022-09-30 | $102.38B | 6.07% |
| 2022-06-30 | $96.52B | 8.93% |
| 2022-03-31 | $88.61B | -8.27% |
| 2021-12-31 | $96.60B | -24.93% |
| 2021-09-30 | $128.67B | 53.89% |
| 2021-06-30 | $83.61B | -20.42% |
| 2021-03-31 | $105.06B | -6.56% |
| 2020-12-31 | $112.44B | -14.69% |
| 2020-09-30 | $131.79B | 48.99% |
| 2020-06-30 | $88.46B | 20.75% |
| 2020-03-31 | $73.26B | 2.25% |
| 2019-12-31 | $71.65B | -7.63% |
| 2019-09-30 | $77.57B | -0.72% |
| 2019-06-30 | $78.13B | -41.53% |
| 2019-03-31 | $133.62B | 18.01% |
| 2018-12-31 | $113.23B | 156.18% |
| 2018-09-30 | $44.20B | -29.87% |
| 2018-06-30 | $63.03B | -4.95% |
| 2018-03-31 | $66.31B | -1.79% |
| 2017-12-31 | $67.52B | 184.62% |
| 2017-09-30 | $23.72B | -12.23% |
| 2017-06-30 | $27.03B | 15.74% |
| 2017-03-31 | $23.35B | 33.44% |
| 2016-12-31 | $17.50B | 11.14% |
| 2016-09-30 | $15.75B | 73.85% |
| 2016-06-30 | $9.06B | -0.41% |
| 2016-03-31 | $9.09B | 4.49% |
| 2015-12-31 | $8.70B | 0.37% |
| 2015-09-30 | $8.67B | -5.92% |
| 2015-06-30 | $9.22B | 1.63% |
| 2015-03-31 | $9.07B | -2.80% |
| 2014-12-31 | $9.33B | -2.25% |
| 2014-09-30 | $9.54B | -6.86% |
| 2014-06-30 | $10.25B | -4.82% |
| 2014-03-31 | $10.77B | 4.59% |
| 2013-12-31 | $10.29B | -19.62% |
| 2013-09-30 | $12.81B | 0.15% |
| 2013-06-30 | $12.79B | 8.41% |
| 2013-03-31 | $11.80B | -11.49% |
| 2012-12-31 | $13.33B | -4.88% |
| 2012-09-30 | $14.01B | -0.51% |
| 2012-06-30 | $14.08B | -13.90% |
| 2012-03-31 | $16.36B | 14.40% |
| 2011-12-31 | $14.30B | -3.29% |
| 2011-09-30 | $14.79B | 1.38% |
| 2011-06-30 | $14.58B | 5.60% |
| 2011-03-31 | $13.81B | -15.01% |
| 2010-12-31 | $16.25B | 18.88% |
| 2010-09-30 | $13.67B | 20.68% |
| 2010-06-30 | $11.33B | 1.86% |
| 2010-03-31 | $11.12B | -14.34% |
| 2009-12-31 | $12.98B | -5.93% |
| 2009-09-30 | $13.80B | -1.57% |
| 2009-06-30 | $14.02B | 11.88% |
| 2009-03-31 | $12.53B | -25.75% |
| 2008-12-31 | $16.87B | 38.12% |
| 2008-09-30 | $12.22B | 10.10% |
| 2008-06-30 | $11.10B | -6.36% |
| 2008-03-31 | $11.85B | 1.52% |
| 2007-12-31 | $11.67B | - |
Gravity generated $119.78B in revenue during Q1 2024, up -17.69% compared to the previous quarter, and up 68.01% compared to the same period a year ago.
Gravity Revenue Breakdown
Gravity Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Service Contract | $14.89B | $15.59B | $18.40B | $18.08B | $16.74B |
| Royalties And License Fees | $71.39B | - | - | - | - |
| Subscription Contract | - | - | - | - | $310.01B |
| Licensing Contract | - | - | - | - | $34.22B |
Gravity's latest annual revenue breakdown by segment (product or service), as of Dec 23: Royalties And License Fees (82.74%), and Other Service Contract (17.26%).
Gravity Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| MALAYSIA | $58.55B | $24.83B | $30.42B | - | - |
| KOREA, REPUBLIC OF | $86.06B | $46.72B | $73.75B | $109.89B | $45.27B |
| JAPAN | $19.00B | $26.13B | $40.26B | $22.50B | $28.47B |
| INDONESIA | $58.76B | $5.47B | - | - | - |
| HONG KONG | $22.66B | $24.40B | - | - | - |
| UNITED STATES | $22.70B | $33.70B | $20.89B | $20.66B | $55.06B |
| THAILAND | $136.87B | $75.50B | $94.47B | $59.09B | $62.04B |
| TAIWAN | $176.07B | $175.66B | - | - | - |
| PHILIPPINES | $102.59B | $26.00B | $20.17B | $23.69B | $30.95B |
| Others | $42.24B | $25.20B | $45.78B | $57.34B | $64.70B |
| IDAHO | - | - | $10.72B | $12.73B | $22.36B |
| TAIWAN, PROVINCE OF CHINA | - | - | $77.46B | $100.05B | $52.12B |
Gravity's latest annual revenue breakdown by geography, as of Dec 23: TAIWAN (24.27%), THAILAND (18.87%), PHILIPPINES (14.14%), KOREA, REPUBLIC OF (11.86%), INDONESIA (8.10%), MALAYSIA (8.07%), Others (5.82%), UNITED STATES (3.13%), HONG KONG (3.12%), and JAPAN (2.62%).
Gravity Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GRVY | Gravity | $713.44B | $119.78B |
| NTES | NetEase | $103.47B | $26.85B |
| PLTK | Playtika | $2.57B | $651.20M |
| SOHU | Sohu | $600.67M | $139.39M |
| GDEV | GDEV | $465.00M | $107.00M |
| MYPS | PLAYSTUDIOS | $310.89M | $72.59M |
| DDI | DoubleDown Interactive | $308.34M | $87.63M |
| GMGI | Golden Matrix Group | $36.03M | $11.31M |
| SNAL | Snail, Inc. Class A | - | $21.61T |
GRVY Revenue FAQ
What is Gravity’s yearly revenue?
Gravity's yearly revenue for 2023 was $713.44B, representing an increase of 53.89% compared to 2022. The company's yearly revenue for 2022 was $463.62B, representing an increase of 12.00% compared to 2021. GRVY's yearly revenue for 2021 was $413.94B, representing an increase of 1.97% compared to 2020.
What is Gravity’s quarterly revenue?
Gravity's quarterly revenue for Q1 2024 was $119.78B, a -17.69% decrease from the previous quarter (Q4 2023), and a -27.38% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $145.53B, a -17.38% decrease from the previous quarter (Q3 2023), and a -17.37% decrease year-over-year (Q4 2022). GRVY's quarterly revenue for Q3 2023 was $176.14B, a -26.27% decrease from the previous quarter (Q2 2023), and a 72.06% increase year-over-year (Q3 2022).
What is Gravity’s revenue growth rate?
Gravity's revenue growth rate for the last 3 years (2021-2023) was 72.36%, and for the last 5 years (2019-2023) was 97.65%.
What are Gravity’s revenue streams?
Gravity's revenue streams in c 23 are Other Service Contract, and Royalties And License Fees. Other Service Contract generated $14.9B in revenue, accounting 17.26% of the company's total revenue, down -4.46% year-over-year. Royalties And License Fees generated $71.39B in revenue, accounting 82.74% of the company's total revenue
What is Gravity’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Gravity was Royalties And License Fees. This segment made a revenue of $71.39B, representing 82.74% of the company's total revenue.