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NHN KCP Reports Cumulative Operating Profit of 43.2 Billion Won... Up 10.7% Year-Over-Year

Third-Quarter Operating Profit Down 11%... Revenue Up 22% to a Quarterly Record

Kang Min-koo
2026-11-10 08:45:13
[Edaily Reporter Kang Min-koo ] Comprehensive payment services provider NHN KCP(060250)posted consolidated revenue of 386.7 billion won in the third quarter of this year, a 22% increase from the same period last year, setting a new record for quarterly revenue. Operating profit for the quarter fell 11.2% year-over-year to 14 billion won, but cumulative operating profit rose 10.7% year-over-year to 43.2 billion won.

Exterior view of the NHN KCP headquarters. (Photo: NHN KCP)


Total transaction volume for the third quarter reached 17.349 trillion won, a 31% increase year-over-year. Cumulative revenue for the first three quarters totaled 1.1149 trillion won, surpassing the 1 trillion won mark for the first time in just three quarters.

In the overseas segment, growth was driven by an expansion in vehicle sales transactions at global electric vehicle and imported car dealerships. Transaction volume from overseas merchants rose 75% year-over-year, reaching an all-time high, and exceeded 10 trillion won on a cumulative basis for the third quarter.

Domestic merchant transaction volume also rose 20% year-over-year, driven by growth among existing merchants and the influx of new ones. NHN KCP is expanding its transaction base with domestic and international merchants by leveraging its capacity to stably process large-scale traffic, robust security systems, and advanced financial network integration services.

NHN KCP is focusing on building AI payment infrastructure in preparation for the era of “Agentic Commerce,” where AI agents select products and complete payments on behalf of consumers. The company is building its payment infrastructure based on global AI payment protocols such as AP2 and plans to conduct phased technical validation for implementation in real-world payment environments.

Last July, the company joined the “AAIF (Agentic AI Foundation),” an open standards collaboration body for agentic AI under the Linux Foundation, and is participating in discussions on global standards.

The company is also advancing its next-generation payment infrastructure based on stablecoins. NHN KCP has completed the construction of a payment-specific mainnet in collaboration with the global blockchain platform Avalanche and showcased an integrated infrastructure—connecting stablecoin payments to settlement in under one second—at major events such as “Stablecoin Demo Day” and KBW2026. The company also plans to expand the reach of the digital currency payment ecosystem by partnering with banks to expand deposit token-based payment infrastructure.

In the payment business sector, the company is strengthening services tailored to merchants. Following the launch of “KCP BizPartner”—an integrated management platform that consolidates online and offline payment data on a single screen and uses AI analysis to predict future sales trends—NHN KCP is introducing “Ddoktti Jangbu,” a business management app customized for small business owners. Through this app, the company intends to link sales from credit cards, cash receipts, and delivery platforms with expenses from bank accounts and business credit cards to provide daily profit and loss statements and business statistics. The plan is to first offer the service to NHN KCP merchants and then expand its availability to offline small business owners.

Park Jun-seok, CEO of NHN KCP, stated, “With overseas merchant transactions growing rapidly and domestic growth outpacing the market, we have set new records for quarterly revenue and transaction volume.” He added, “Building on our core business competitiveness, we will enhance our AI agent payment infrastructure and integrate it with new payment methods, such as stablecoins, to establish ourselves as a leading payment company in the ‘Agentic Commerce’ era, growing alongside our merchants.”

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