How much does Knight Online make a year?

The numbers come from owner Mgame's filings on the Korean stock exchange (KOSDAQ). In 2025 revenue grew 10% and operating profit 36.7% year on year, while net profit rose 2.1% to 16 billion won. That made it the company's 5th record year in a row.

Mgame's two main earners are old PC MMORPGs: Yulgang Online in Greater China and Knight Online in North America and Europe (Turkey included). The company credited its record year to the overseas income of these two games.

Mgame revenue and profit (Korean stock exchange filings)
PeriodRevenueOperating profit
2022 (year) 73.6 bn won 30 bn won (record)
2025 (year) 91.7 bn won (record) 17.6 bn won
Q3 2025 21.5 bn won 4.1 bn won
H1 2026 45.5 bn won (−3.3%) 5.6 bn won (−38.8%)
Q2 2026 21.3 bn won (+6.4%) 2.4 bn won (−9.4%)
Short answer

Knight Online has no separate revenue figure; owner Mgame closed 2025 with a record 91.7 billion won in revenue and 17.6 billion won operating profit. The new 2022 server made $910,000 on day one.

How much does Knight Online make a month?

There's no per-game monthly number. Across the whole company, Mgame averaged about 7.6 billion won a month in 2025; how much of that is Knight Online isn't disclosed. In the first half of 2026 revenue dipped slightly and profit fell more; Mgame blamed part of it on one-off items like taxes and the valuation of financial assets.

A crowded PvP scene with winged characters fighting among spell effects
Image: NTTGame
Source / rights
Image / usage information: Knight Online — Mgame / NTTGame.

How much does a new server bring in?

The clearest example is 2022. According to Mgame, the new US and Turkey server that opened on November 17, 2022 made $910,000 on opening day (about 1.16 billion won at the time), the best single day in the game's history. December 2022 was its best month since 2005, up 284% on the previous month, and Mgame closed 2022 with a record profit.

A similar picture is expected for the 4 servers opening November 12, 2026: Oracle and Carnac pre-registration was already closed temporarily because of demand. Details: Oracle and Carnac closed.

When will the new servers' revenue show up?

Mgame reports quarterly results in mid-November (in 2025 it was November 14). We expect the September quarter this month, but the new servers won't be in it: the November 12 launch falls in Q4, whose results come out around February 2027. We'll update this page when they do.

FAQ

How much comes from Turkey?
It isn't disclosed. Mgame reports Knight Online income as "North America and Europe"; Turkey isn't a separate line.
Are NTTGame and Mgame the same company?
Mgame develops Knight Online (with Noah System); NTTGame publishes it in Turkey and globally for USKO. The revenue figures come from Mgame's stock exchange filings.