According to Yonhap Infomax, Naver reported on November 12 that third-quarter operating profit declined 20.9% year-over-year to 451.3 billion won, despite revenue increasing 10.7% to 3.47 trillion won. The company attributed the profit decline to expanded investments in AI infrastructure, content, and offline data acquisition to strengthen competitive positioning.

Naver exceeded analyst expectations on revenue but fell short on profitability. The company's financial and platform services showed strength, with e-payment transaction volumes rising 15.6% to 26.2 trillion won. Management signaled recovery ahead, noting the AI Factory joint venture with Brookfield and Nvidia will begin contributing revenue in the first half of 2027.

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