On October 29, Perfect World Co.,Ltd. (SHE: 002624) released its 2026 third quarter report.
Thanks to its key game product "Neverness to Everness" entering a profit-release phase, the company achieved operating revenue of 2.362 billion yuan in the third quarter, up 36.85% year-on-year, with net profit attributable to shareholders of 506 million yuan and non-GAAP net profit of 471 million yuan.
In the first three quarters of this year, Perfect World Co.,Ltd. (SHE: 002624) recorded operating revenue of 5.113 billion yuan, net profit attributable to shareholders of 387 million yuan, and non-GAAP net profit of 261 million yuan. Net cash inflow from operating activities rose 32.87% to 1.181 billion yuan.
Meanwhile, the company's gaming business generated operating revenue of 4.792 billion yuan in the first three quarters, up 7.09% from a year earlier, with net profit attributable to shareholders of 434 million yuan, mainly driven by revenue growth from the public launch of "Neverness to Everness."
As of October 28, 2026, "Neverness to Everness" had accumulated global gross billings of more than 2.7 billion yuan, of which global official channels (official PC plus official Android) accounted for nearly 60%, continuously validating its long-term logic.
Since the start of 2026, Perfect World Co.,Ltd. (SHE: 002624) has continued to deepen its premium strategy, rooted in original creation, focusing on high-quality research and development and production. It has strengthened classic categories, expanded trendy categories, and built up a pipeline of potential new titles, creating a premium content system driven by self-developed innovation and self-generating iterative upgrades, alongside a multi-dimensional global publishing system.
In the first three quarters of this year, although some games saw year-on-year revenue declines due to factors such as product life cycles, the company's new games provided continued momentum, and the profit contribution from self-developed games rose steadily compared with the same period last year, continuously adding new vitality to its evergreen game portfolio.
The supernatural urban open-world RPG "Neverness to Everness," with its differentiated positioning and continuous innovation in content and technology, has become a representative work of Perfect World Co.,Ltd. (SHE: 002624) under its "global quality, multi-platform simultaneous release" approach.
At the end of April, "Neverness to Everness" launched a global public beta in more than 180 countries and regions, going live simultaneously across six major terminals—PC, Android, iOS, Mac, HarmonyOS, and PlayStation 5—and also arriving on the Steam and Epic Games Store platforms, achieving solid market performance.
In terms of overseas expansion, "Neverness to Everness" currently contributes more accumulated gross billings from overseas markets than from the domestic market. Since its public beta, it has repeatedly entered the top five on iOS game bestseller lists in major regions at home and abroad, and has topped PS console popularity rankings multiple times in overseas markets such as Japan. It has been highly recognized by overseas users, with notable overseas performance, becoming another strong product for Perfect World Co.,Ltd. (SHE: 002624) as it ramps up efforts to expand in overseas markets.
The third quarter report shows that because new games tend to concentrate marketing resources in the early stages of public beta, marketing expenses for "Neverness to Everness" were relatively high during the reporting period, and the project's profit margin was temporarily below its normalized level. From the beginning of the year to the end of the reporting period, selling expenses increased 145.60% compared with the same period last year.
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