NAVER Corporation

NAVER Corporation

NHNCF
NAVER CorporationUS flagOther OTC
115.00
USD
- -
- -
17.17BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11,960.17
18,545.75
22,103.67
27,643.36
32,157.27
38,204.69
29,930.6
36,400.65
41,697.3
54,136.59
63,632.11
70,917.15
80,156.78
79,725.39
Basic EPS, GAAP
10,045.4
3,055.4
3,523.8
5,149.2
5,312.36
4,436.75
4,006
6,877
100,854
5,007
6,661
12,702
13,009
12,938.99
Free Cash Flow per Basic Share
992.81
3,757.31
4,855.07
6,799.22
3,001.93
2,681.94
5,807.19
3,990.78
3,511.19
4,591.4
8,619.52
13,273.5
11,831.51
11,767.84
Dividend per Share
141.96
147.04
156.53
220.8
223.95
290.42
321.97
377.1
365.65
1,405.19
410.57
785.83
1,121.84
- -
Book Value per Share
24,208.24
17,480.76
20,961.92
26,296.74
31,425.45
35,814.99
39,302.93
45,782.96
141,263.49
155,836.61
161,608.49
171,594.16
184,105.11
183,114.28
Tangible Book Value per Share
7,100.9
11,272.49
14,715.22
27,607.88
34,131.36
38,582.66
42,340.84
55,930.81
141,253.3
144,684.91
136,812.43
154,173.39
170,050.81
169,135.61
Basic Weighted Avg Shares
189
149
147
146
145
146
146
146
164
152
152
151
150
151
Sales/Revenue/Turnover
2,259,139
2,758,479
3,253,930
4,022,630
4,678,469
5,586,905
4,356,240
5,304,146
6,817,600
8,220,079
9,670,644
10,737,719
12,035,007
12,035,007
Operating Margin (%)
22.42
27.49
25.51
27.4
25.2
16.87
26.51
22.91
19.44
15.87
15.4
18.43
18.35
18.35
Depreciation Expense
131,697
144,085
155,984
162,954
206,256
261,067
498,012
495,278
433,445
560,909
582,339
673,516
745,298
- -
Net Income, GAAP
1,897,461
454,457
518,746
749,306
772,880
648,813
583,052
1,002,087
16,489,850
760,261
1,012,322
1,923,237
1,953,215
1,953,215
Effective Tax Rate (%)
28.32
36
27.82
31.88
35.39
43.97
33.82
30.15
30.51
37.88
33.51
16.8
24.85
24.85
Profit Margin (%)
83.99
16.47
15.94
18.63
16.52
11.61
13.38
18.89
241.87
9.25
10.47
17.91
16.23
16.23
Working Capital
503,716
865,075
955,727
2,396,008
2,481,497
2,765,898
1,870,596
2,632,908
1,604,559
958,937
722,508
3,282,751
2,909,586
2,909,586
LT Debt
110,097
242,714
150,000
150,000
49,934
811,624
1,357,598
242,849
3,394,503
2,621,807
3,168,229
3,257,984
2,211,127
2,211,127
Total Equity
1,475,309
1,797,418
2,269,579
4,129,599
5,305,186
5,949,141
6,503,926
8,255,132
24,027,376
23,450,322
24,237,999
27,000,912
28,953,013
28,953,013
Return on Invested Capital (%)
16.69
21.98
21.43
18.84
13.98
7.8
9.29
9.13
4.82
2.86
3.47
5.46
5.1
5.1
Return on Capital (%)
47.87
11.54
15.09
17.22
15.12
10.72
9.99
13.87
91.9
3.18
3.85
6.55
6.73
6.47
Return on Common Equity (%)
52.24
12.67
18.25
21.68
18.4
13.23
10.64
16.17
110.79
3.25
4.2
7.61
7.28
7.28

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
2,057,465
1,943,043
1,962,370
LT Borrowings
1,251,507
1,183,394
1,256,362
LT Finance Leases
599,977
790,611
954,765
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
149
149
149
Market Capitalization
23,757,501
24,519,652
25,159,295

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
9,933,739
10,852,085
10,928,463
Cash, Cash Equivalents & STI
7,957,776
8,614,194
8,946,007
Accounts Receivable, Net
- -
- -
491,683
Inventories
25,357
21,785
20,235
Total Current Liabilities
7,643,738
8,075,522
8,018,877
Payables & Accruals
- -
- -
- -
ST Debt
2,057,465
1,943,043
1,962,370
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
36.95%
42.13%
7.23%
Free Cash Flow
20.66%
29.97%
-11.61%
Net Income, GAAP
166.81%
314.97%
1.56%
Sales/Revenue/Turnover
14.89%
17.97%
12.08%
Total Cash Common Dividend
42.6%
65.44%
41.56%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2,280,443
2,407,904
2,445,292
2,537,004
9,670,644
2024
2,526,055
2,610,486
2,715,557
2,885,621
10,737,719
2025
2,786,783
2,915,085
3,138,055
3,195,084
12,035,007

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
349
1,763
2,478
- -
6,661
2024
3,369
2,224
3,423
- -
12,702
2025
2,781
3,256
4,843
- -
13,009

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
410.57
2024
- -
- -
- -
- -
785.83
2025
- -
- -
- -
- -
1,121.84

Company Description

APIChatGPT
CEO
Soo-yeon Choi
Full Time Employees
4,390
Sector
Communication Services
Industry
Internet Content & Information
Address
NAVER Green Factory Seongnam-si South Korea 13561
IPO Date
Oct 5, 2022
Business
NAVER Corporation operates as a leading South Korean internet conglomerate, primarily providing an online search portal and diverse digital platform services including search, AI technologies, online advertising, commerce, content ecosystems, cloud computing, and fintech solutions. The company offers core products and services such as the Naver search engine with integrated AI recommendations via AiRSearch and generative AI capabilities through HyperCLOVA X; commerce platforms including Smart Store for small and medium-sized enterprises, Naver Shopping Live for real-time livestream shopping, Naver Plus Membership for rewards and benefits, and price comparison tools; fintech offerings via Naver Pay encompassing mobile payments, quick settlements, business loans using alternative credit evaluation, MST-based in-store payments, overseas QR payments, and loan/insurance comparison services; content platforms like Naver Webtoon as the global number one storytech platform, Naver Blog with over 3 billion posts, Naver Knowledge iN with 950 million answers, Naver Cafe communities, and encyclopedic resources; communication tools including LINE messaging (via affiliate), BAND for group collaboration, and SNOW AI camera app; cloud services through Naver Cloud with hyperscale data centers such as Geach Chuncheon and Geach Sejong; advanced R&D via Naver Labs focusing on robotics (e.g., Around autonomous robot, Away in-vehicle platform), autonomous driving, Papago AI translation, Whale browser, digital twins, XR/real-time engines, and spatial intelligence; and additional enterprise solutions like Naver Works for integrated workflows, Poshmark as North America's top C2C fashion platform following its 2023 acquisition, and global ventures in metaverse, AR/VR social platforms, and digital media analytics. Founded in June 1999 by Lee Hae-jin and headquartered at Naver Green Factory in Seongnam, Gyeonggi Province, South Korea, NAVER conducts operations across Asia (Japan, Vietnam, Taiwan, Thailand, Indonesia, China), North America (United States), and Europe (France), serving individual users, businesses, content creators, and enterprises with a workforce of approximately 4,300 employees and 2023 revenue of 9.67 trillion won. Recent major developments include the planned establishment of NAVER Ventures in Silicon Valley in June 2025 to expand startup investments in North America, starting with video AI firm TwelveLabs and building on prior D2SF fund activities; a $690 million GPU investment announced in November 2025 via Nvidia partnership to bolster physical AI infrastructure for robotics, logistics, and autonomous systems, alongside GPU-as-a-Service offerings; Naver Cloud's acquisition of digital healthcare firm Cenacle in November 2025 to strengthen medtech presence after prior investments in JNPMedi and partnership with InBody; a transformative strategic alliance with Dunamu (Upbit operator) announced in late November 2025 involving a combined 10 trillion won investment for global AI-Web3 fintech synergy and rumored all-stock acquisition pursuit; expansion of Naver Pay integrations with Samsung Pay, UnionPay, Alipay+, WeChat Pay, and SME credit programs; completion of the robot-friendly 1784 headquarters in 2022 fusing AI, cloud, and autonomous tech; and ongoing launches like AI chatbot integrations for Webtoon IP engagement and Whale browser's UBT assessment tools adopted by Gwangju education platforms.

Company News

APIChatGPT
  • Naver Taps Nvidia To Build Korea's Sovereign AI Infrastructure

  • NAVER Corporation (NHNCF) Q4 2025 Earnings Call Transcript

  • Naver Has Record Year Despite Weaker Final Quarter

  • First Eagle Overseas Fund Q4 2025 Portfolio Review

  • Upbit Considers IPO on Nasdaq Upon Completion of Merger With Naver

  • NAVER Corporation (NHNCF) Q3 2025 Earnings Call Transcript

  • Naver's Third-Quarter Earnings Rose on AI Push

  • Artisan International Value Fund Q3 2025 Portfolio Update

  • New Korean Administration's Changes Provide Catalysts For Naver

  • NAVER Corporation (NHNCF) Q1 2025 Earnings Call Transcript

  • Naver: Improved Outlook And Attractive Valuations (Rating Upgrade)