ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Technology Services


Business Summary

NAVER Corp. engages in the provision of internet advertisement and searches portal business. It offers services through the internet portals such as Naver, Junior Naver, and Happybean. The Naver provides community services including blogs and cafes, other convenient services such as news, knowledge shopping, maps, books, e-mail, and naver toolbar. The Junior Naver offers educational content for children including the homework helper and preschool; children and parents such as children's song world, fairy tale travel, and parents room; and entertainment services such as animal farm and game land. The Happybean is an online donation portal that bridges internet users to participate in donation activities and organizations. The company was founded on June 2, 1999 and is headquartered in Seongnam-si, South Korea.

Financial Highlights

Dec 2022 KRWUSD
Gross Profit1,745.33B1,350.77M
Operating income1,304.66B1,009.72M
Income before tax986,955.93M763.83M
Net income760,260.87M588.39M
Diluted EPS4,985.433.85
Dividends Per Share----
Total Assets33,899.04B26,808.25M
Total liabilities10,448.72B8,263.12M
Total equity22,744.09B17,986.63M
Operating cash flow1,453.39B1,124.82M
Currency in KRWCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 5,586.90B 4,356.23B 5,304.14B 6,817.59B 8,220.07B
Gross Profit 1,532.95B 1,387.24B 1,472.36B 1,635.96B 1,745.33B
Operating income 940,609.23M 1,153.73B 1,214.92B 1,325.47B 1,304.66B
Income before tax 1,196.74B 1,372.83B 1,518.00B 1,581.69B 986,955.93M
Net income 643,826.90M 934,306.91M 1,144.88B 1,493.47B 760,260.87M
EBITDA 1,201.67B 1,408.48B 1,539.36B 1,758.92B 1,865.57B
Diluted EPS 4,436.75 4,006.32 6,838.75 10,299.08 4,985.43
Dividends Per Share 314 376 402 511 --
Total Assets 9,881.19B 12,299.52B 17,014.23B 33,691.00B 33,899.04B
Total liabilities 3,932.05B 5,795.60B 8,759.10B 9,663.63B 10,448.72B
Total equity 5,240.28B 5,805.22B 7,367.21B 23,535.63B 22,744.09B
Operating cash flow 973,506.36M 1,356.84B 1,447.21B 1,379.90B 1,453.39B
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 5,076.61M 3,735.46M 4,495.46M 5,953.40M 6,361.78M
Gross Profit 1,392.93M 1,189.55M 1,247.88M 1,428.58M 1,350.77M
Operating income 854.69M 989.32M 1,029.69M 1,157.46M 1,009.72M
Income before tax 1,087.43M 1,177.19M 1,286.56M 1,381.20M 763.83M
Net income 585.02M 801.16M 970.33M 1,304.16M 588.39M
EBITDA 1,091.91M 1,207.77M 1,304.67M 1,535.96M 1,443.82M
Diluted EPS 4.03 3.43 5.79 8.99 3.85
Dividends Per Share 0.28 0.32 0.34 0.44 --
Total Assets 8,855.70M 10,635.58M 15,662.55M 28,341.54M 26,808.25M
Total liabilities 3,523.97M 5,011.54M 8,063.24M 8,129.23M 8,263.12M
Total equity 4,696.43M 5,019.86M 6,781.93M 19,798.64M 17,986.63M
Operating cash flow 884.58M 1,163.48M 1,226.56M 1,204.99M 1,124.82M

Valuation Measures

Dec 2022
Operating margin15.87%
Profit margin9.24%

Key executives

  • President, Chief Executive Officer & Director: Soo-Yeon Choi
  • Chief Financial Officer: Nam-Sun Kim
  • Global Investment Officer: Hae-Jin Lee


  • National Pension Service of Korea (8.4%)
  • NAVER Corp. (8.4%)
  • LEE HAE-JIN /NHN/ (3.7%)
  • The Vanguard Group, Inc. (2.4%)
  • Harris Associates LP (2.2%)
  • BlackRock Fund Advisors (1.9%)
  • Norges Bank Investment Management (1.4%)
  • Artisan Partners LP (1.2%)
  • Samsung Asset Management Co., Ltd. (1.1%)
  • BlackRock Advisors (UK) Ltd. (0.9%)

Contact Details

  • Website:
  • Address: 16/F, Naver Green Factory, 6 Buljeong-ro, Seongnam-si, 13561, South Korea
  • Phone: +82.1588.3830

Related Companies

  • Webtoon Entertainment, Inc.
  • NAVER Cloud Corp.
  • Naver France SAS
  • Nexthive International Pte Ltd.
  • NAVER J. Hub Corp.
  • Munpia Co., Ltd.
  • Daeha Plastic Compound India Pvt Ltd.
  • Company AI Co., Ltd.
  • Spring Camp
  • D2 Startup Factory
  • Works Mobile Corp.
  • Xerox Research Centre Europe
  • Naver Labs Corp.
  • NAVER Business Platform Europe GmbH
  • NAVER Business Platform America
  • NAVER Business Platform Asia Pacific
  • Commpartners Co., Ltd.
  • Naver Corp. /App Store Bus/
  • MBARO, Inc.
  • BrainPub Corp.
  • Naver Business Platform Corp.
  • Camp Mobile Corp.
  • Orange Crew Corp.
  • Game Marketing & Business Corp.
  • NHN I&S Corp.
  • N-Visions
  • Search Solutions, Inc.
  • NAVER China Corp.
  • NHN Global Ltd.


  • Alibaba Group Holding Limited
  • Flitto, Inc.
  • NHN KCP Corp.
  • Snap, Inc. Class A
  • KidariStudio, Inc.
  • eBay Inc.
  • BK TOPS Co., Ltd.
  • Connectwave Co., Ltd.
  • Hanryu Holdings, Inc.
  • KT Skylife Co., Ltd
  • Shinhan Financial Group Co., Ltd.
  • trivago N.V. Sponsored ADR Class A
  • WebCash Corp.
  • Wider Planet Inc.
  • Woongjin Thinkbig Co., Ltd
Last Updated on 5 Jun, 2023

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more