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- In Q4 of 2025, Coway's revenue reached KRW 1,275.4 billion (+13.3% YoY) with an operating profit of KRW 181.6 billion (-1.0% YoY)
- The company's FY2025 annual revenue totaled KRW 4,963.6 billion (+15.2% YoY) with an operating profit of KRW 878.7 billion (+10.5% YoY)
- Behind Coway's record growth in 2025 is the company's sleep and wellness brand BEREX, a new core revenue engine, as well as strong ice water purifier product sales
SEOUL, South Korea, Feb. 6, 2026 /PRNewswire/ -- Coway Co., Ltd., the "Best Life Solution Company," has today announced its financial results for the fourth quarter and fiscal year 2025.
"In the face of persistent global economic uncertainties, Coway was able to realize both top-line growth and profitability in 2025 by focusing on our fundamentals, strengthening our R&D capabilities and diversifying our product portfolio," stated Jangwon Seo, CEO of Coway. "Going forward, we will continue to maintain this stable momentum through product innovation across both our domestic and global markets."
Coway's reported earnings are as follows:
- Fourth-quarter revenue: KRW 1,275.4 billion (+13.3% YoY)
- Fourth-quarter operating profit: KRW 181.6 billion (-1.0% YoY)
- Annual revenue: KRW 4,963.6 billion (+15.2% YoY)
- Annual operating profit: KRW 878.7 billion (+10.5% YoY)
| *The reported figures are taken from the consolidated K-IFRS (International Financial Reporting Standards) statement. |
The company's strong results across both domestic and global markets in 2025 were driven in no small part by the visionary mid- to long-term strategy previously introduced by Junhyuk Bang, Chairman of Netmarble and Coway, which includes launching innovative products, expanding into new business areas and strengthening the company's global footprint.
Coway's domestic business reported an annual revenue of KRW 2,865.6 billion in 2025, marking an 11.0% year-over-year increase. This performance was bolstered, in particular, by strong sales in the ice water purifier category, as well as from the BEREX lineup of beds and massage chairs. Annual rental gross adds also saw impressive growth, increasing 7.7% year-over-year to a total of 1.85 million by the end of 2025.
BEREX, the company's sleep and wellness brand, first launched as a key strategic initiative of Chairman Bang in December 2022, recorded a consolidated revenue of KRW 719.9 billion, thus firmly establishing itself as a key new revenue model for Coway. The brand's commercial success in 2025 was notably driven by the domestic bed business, which reached KRW 365.4 billion in revenue, up 15.4% compared to the previous year.
Marking a 22.3% year-over-year increase, Coway's overseas subsidiaries contributed KRW 1,889.9 billion in annual revenue in 2025. The company's Malaysian subsidiary maintained its market leadership with a revenue of KRW 1,409.5 billion (+21.7% YoY), while the United States subsidiary saw a 10.5% year-over-year increase in its annual revenue, reaching KRW 236.7 billion. Furthermore, Coway's Thailand and Indonesia subsidiaries also achieved rapid growth, with impressive year-over-year increases of 38.8% and 67.5% and annual revenue totals of KRW 174.4 billion and 50.6 billion, respectively.
For additional details about Coway's financial performance, please visit the company's Investor Relations page.
About Coway Co., Ltd.
Established in Korea in 1989, Coway, the "Best Life Solution Company," is a leading home environment appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company's sleep & wellness brand, aims to improve the quality of life through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the home environment appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, based on the business success in Korea. In 2025, the company launched Coway Life Solution, a premium elder care platform offering personalized care solutions tailored to different life stages. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.
- In Q4 of 2025, Coway's revenue reached KRW 1,275.4 billion (+13.3% YoY) with an operating profit of KRW 181.6 billion (-1.0% YoY)
- The company's FY2025 annual revenue totaled KRW 4,963.6 billion (+15.2% YoY) with an operating profit of KRW 878.7 billion (+10.5% YoY)
- Behind Coway's record growth in 2025 is the company's sleep and wellness brand BEREX, a new core revenue engine, as well as strong ice water purifier product sales
SEOUL, South Korea, Feb. 6, 2026 /PRNewswire/ -- Coway Co., Ltd., the "Best Life Solution Company," has today announced its financial results for the fourth quarter and fiscal year 2025.
"In the face of persistent global economic uncertainties, Coway was able to realize both top-line growth and profitability in 2025 by focusing on our fundamentals, strengthening our R&D capabilities and diversifying our product portfolio," stated Jangwon Seo, CEO of Coway. "Going forward, we will continue to maintain this stable momentum through product innovation across both our domestic and global markets."
Coway's reported earnings are as follows:
- Fourth-quarter revenue: KRW 1,275.4 billion (+13.3% YoY)
- Fourth-quarter operating profit: KRW 181.6 billion (-1.0% YoY)
- Annual revenue: KRW 4,963.6 billion (+15.2% YoY)
- Annual operating profit: KRW 878.7 billion (+10.5% YoY)
*The reported figures are taken from the consolidated K-IFRS (International Financial Reporting Standards) statement.
The company's strong results across both domestic and global markets in 2025 were driven in no small part by the visionary mid- to long-term strategy previously introduced by Junhyuk Bang, Chairman of Netmarble and Coway, which includes launching innovative products, expanding into new business areas and strengthening the company's global footprint.
Coway's domestic business reported an annual revenue of KRW 2,865.6 billion in 2025, marking an 11.0% year-over-year increase. This performance was bolstered, in particular, by strong sales in the ice water purifier category, as well as from the BEREX lineup of beds and massage chairs. Annual rental gross adds also saw impressive growth, increasing 7.7% year-over-year to a total of 1.85 million by the end of 2025.
BEREX, the company's sleep and wellness brand, first launched as a key strategic initiative of Chairman Bang in December 2022, recorded a consolidated revenue of KRW 719.9 billion, thus firmly establishing itself as a key new revenue model for Coway. The brand's commercial success in 2025 was notably driven by the domestic bed business, which reached KRW 365.4 billion in revenue, up 15.4% compared to the previous year.
Marking a 22.3% year-over-year increase, Coway's overseas subsidiaries contributed KRW 1,889.9 billion in annual revenue in 2025. The company's Malaysian subsidiary maintained its market leadership with a revenue of KRW 1,409.5 billion (+21.7% YoY), while the United States subsidiary saw a 10.5% year-over-year increase in its annual revenue, reaching KRW 236.7 billion. Furthermore, Coway's Thailand and Indonesia subsidiaries also achieved rapid growth, with impressive year-over-year increases of 38.8% and 67.5% and annual revenue totals of KRW 174.4 billion and 50.6 billion, respectively.
For additional details about Coway's financial performance, please visit the company's Investor Relations page.
About Coway Co., Ltd.
Established in Korea in 1989, Coway, the "Best Life Solution Company," is a leading home environment appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company's sleep & wellness brand, aims to improve the quality of life through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the home environment appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, based on the business success in Korea. In 2025, the company launched Coway Life Solution, a premium elder care platform offering personalized care solutions tailored to different life stages. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Driven by Chairman Junhyuk Bang's Visionary Leadership, Coway Announces Financial Results for Q4 and FY2025
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Announced alongside M Series Smart Assist Module launch on Kickstarter
NEW YORK, April 4, 2026 /PRNewswire/ -- Yarbo, a company focused on intelligent yard robotics, today announced the Yarbo Open Platform, a long-term initiative currently under development and planned for release in early 2027. Designed to expand Yarbo's modular yard robot system across both software and hardware, the platform is intended to support deeper customization, broader smart home connectivity, and new forms of user and developer-driven functionality over time. The announcement coincides with the launch of the Smart Assist Module (SAM) for the M Series on Kickstarter.
The Open Platform is not available today. Instead, it reflects Yarbo's roadmap for how its ecosystem may evolve over time, including a three-layer software architecture built around an Open API, SDK, and no-code Automation Editor, as well as a hardware expansion framework designed to support future user-built and developer-built modules.
A Structured Approach to Software Integration and Automation
The Yarbo Open Platform is structured to accommodate different levels of technical expertise, from everyday users to experienced developers. It is designed to provide multiple entry points into the Yarbo ecosystem, enabling both software-driven automation and hardware-level expansion.
On the software side, the platform consists of three layers:
- Yarbo Open API — intended to enable connectivity between Yarbo devices and external platforms, allowing them to participate in broader home automation scenarios.
- Yarbo SDK — a set of development tools, including code libraries and documentation, designed for developers building custom features or integrations.
- Yarbo Automation Editor — a visual, drag-and-drop interface within the Yarbo app that allows users to create automation workflows without writing code.
Together, these components are intended to make automation accessible to a wide range of users, while also supporting more advanced development use cases.
The platform is also designed to support compatibility with widely used smart home ecosystems, including Home Assistant, Google Home, and Amazon Alexa, enabling users to incorporate Yarbo into existing connected home setups.
Extending Capability Through Hardware
In addition to software capabilities, the Open Platform introduces a hardware expansion approach designed to extend Yarbo's functionality beyond its existing modules.
At the center of this is CoreBridge, a standardized hardware interface currently in development that is intended to provide access to Yarbo's mechanical mounting points, power system, and data connections. It is designed to support third-party development and user-built extensions, allowing new types of functionality beyond pre-defined modules.
One example of this extensibility is an electromagnet-based module, which can be attached via CoreBridge to enable Yarbo to latch onto and move objects such as garbage bins. In a potential use scenario, this could enable automated movement of a bin to the curb on collection day and its return afterward.
This combination of software and hardware openness reflects an effort to expand the role of outdoor robotics beyond fixed-function devices.
Smart Assist Module Launch on Kickstarter
Alongside the Open Platform announcement, Yarbo is launching the Smart Assist Module (SAM) for the M Series on Kickstarter.
The module introduces two primary features designed to expand how users interact with their yard robot in everyday use:
- Follow Me Mode — enabling Yarbo to move alongside the user while carrying tools or materials, reducing the need for manual transport during yard work.
- Patrol Mode — allowing Yarbo to move along customizable routes around the property, with features such as remote live view, app-based alerts, and optional audio notifications via its built-in speaker, providing an added layer of awareness and convenience for users managing outdoor spaces.
The Smart Assist Module is positioned as part of Yarbo's broader effort to extend the practical use cases of its modular system.
Looking Ahead
The Yarbo Open Platform is planned for release in early 2027 and is being developed to support both the Y Series and M Series. By introducing a framework that combines software integration, developer tools, and hardware extensibility, Yarbo aims to enable a broader range of applications while allowing users to define how the system evolves over time.
Further details will be shared as development progresses.
About Yarbo
Yarbo is defining a new category of outdoor robotics with its Modular Yard Robot. Known for its automated snow blower robots, Yarbo introduced a modular system designed for year-round use. Powered by a single intelligent core unit, the system supports interchangeable modules for mowing, leaf blowing, snow clearing, and more—creating a more efficient approach to outdoor maintenance for homeowners.
Announced alongside M Series Smart Assist Module launch on Kickstarter
NEW YORK, April 4, 2026 /PRNewswire/ -- Yarbo, a company focused on intelligent yard robotics, today announced the Yarbo Open Platform, a long-term initiative currently under development and planned for release in early 2027. Designed to expand Yarbo's modular yard robot system across both software and hardware, the platform is intended to support deeper customization, broader smart home connectivity, and new forms of user and developer-driven functionality over time. The announcement coincides with the launch of the Smart Assist Module (SAM) for the M Series on Kickstarter.
The Open Platform is not available today. Instead, it reflects Yarbo's roadmap for how its ecosystem may evolve over time, including a three-layer software architecture built around an Open API, SDK, and no-code Automation Editor, as well as a hardware expansion framework designed to support future user-built and developer-built modules.
A Structured Approach to Software Integration and Automation
The Yarbo Open Platform is structured to accommodate different levels of technical expertise, from everyday users to experienced developers. It is designed to provide multiple entry points into the Yarbo ecosystem, enabling both software-driven automation and hardware-level expansion.
On the software side, the platform consists of three layers:
- Yarbo Open API — intended to enable connectivity between Yarbo devices and external platforms, allowing them to participate in broader home automation scenarios.
- Yarbo SDK — a set of development tools, including code libraries and documentation, designed for developers building custom features or integrations.
- Yarbo Automation Editor — a visual, drag-and-drop interface within the Yarbo app that allows users to create automation workflows without writing code.
Together, these components are intended to make automation accessible to a wide range of users, while also supporting more advanced development use cases.
The platform is also designed to support compatibility with widely used smart home ecosystems, including Home Assistant, Google Home, and Amazon Alexa, enabling users to incorporate Yarbo into existing connected home setups.
Extending Capability Through Hardware
In addition to software capabilities, the Open Platform introduces a hardware expansion approach designed to extend Yarbo's functionality beyond its existing modules.
At the center of this is CoreBridge, a standardized hardware interface currently in development that is intended to provide access to Yarbo's mechanical mounting points, power system, and data connections. It is designed to support third-party development and user-built extensions, allowing new types of functionality beyond pre-defined modules.
One example of this extensibility is an electromagnet-based module, which can be attached via CoreBridge to enable Yarbo to latch onto and move objects such as garbage bins. In a potential use scenario, this could enable automated movement of a bin to the curb on collection day and its return afterward.
This combination of software and hardware openness reflects an effort to expand the role of outdoor robotics beyond fixed-function devices.
Smart Assist Module Launch on Kickstarter
Alongside the Open Platform announcement, Yarbo is launching the Smart Assist Module (SAM) for the M Series on Kickstarter.
The module introduces two primary features designed to expand how users interact with their yard robot in everyday use:
- Follow Me Mode — enabling Yarbo to move alongside the user while carrying tools or materials, reducing the need for manual transport during yard work.
- Patrol Mode — allowing Yarbo to move along customizable routes around the property, with features such as remote live view, app-based alerts, and optional audio notifications via its built-in speaker, providing an added layer of awareness and convenience for users managing outdoor spaces.
The Smart Assist Module is positioned as part of Yarbo's broader effort to extend the practical use cases of its modular system.
Looking Ahead
The Yarbo Open Platform is planned for release in early 2027 and is being developed to support both the Y Series and M Series. By introducing a framework that combines software integration, developer tools, and hardware extensibility, Yarbo aims to enable a broader range of applications while allowing users to define how the system evolves over time.
Further details will be shared as development progresses.
About Yarbo
Yarbo is defining a new category of outdoor robotics with its Modular Yard Robot. Known for its automated snow blower robots, Yarbo introduced a modular system designed for year-round use. Powered by a single intelligent core unit, the system supports interchangeable modules for mowing, leaf blowing, snow clearing, and more—creating a more efficient approach to outdoor maintenance for homeowners.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Yarbo Introduces Open Platform Strategy, Opening Its Robotics System to Developers and Smart Home Ecosystems
Yarbo Introduces Open Platform Strategy, Opening Its Robotics System to Developers and Smart Home Ecosystems
