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ARC Raiders Passes 17 Million Sales as Nexon Credits Frozen Trail, but Warns Q4 Will Cool Off

By EarlyLoot Staff · · 2 min read
ARC Raiders Passes 17 Million Sales as Nexon Credits Frozen Trail, but Warns Q4 Will Cool Off

ARC Raiders has now sold more than 17 million units. Nexon disclosed the figure on November 10, 2026, in its third-quarter 2026 earnings release, a little over a year after Embark Studios' extraction shooter launched in October 2025. The publisher gives much of the credit for the latest stretch to Frozen Trail, the October 8 update it calls the largest since launch.

What Nexon actually said

The earnings release keeps it short, but the key points are clear:

  • 17 million+ units sold to date.
  • Frozen Trail (October 8) was "successful in re-engaging lapsed players and driving incremental unit sales."
  • Q3 revenue for ARC Raiders "came in within the outlook."
  • Nexon CEO Junghun Lee named "new games like ARC Raiders" as one reason the company now relies less on any single franchise or market.

On the earnings call, Executive Chairman Patrick Söderlund said Frozen Trail grew the community with players "who bought the game a full year after its release." PCGamesN quotes Nexon as saying: "This is a performance we expect to see from a franchise, and why we built Arc Raiders for the long term."

Why Frozen Trail mattered

Frozen Trail brought the new Pendola Pass map, new ARC enemies, new weapons and a skill tree refresh, per PCGamesN. The boost showed up outside the sales figures too: we covered the seven-month player-count high that followed the update.

Söderlund was also frank about the comedown. On the call, he said that after the strong October, "both in-game and unit sales have slowly normalized." He added that Nexon is committed to major ARC Raiders updates "at least two times a year."

The catch: Q4 won't match launch

Nexon's outlook is cautious. The release says ARC Raiders' Q4 revenue should fall year over year, since it is up against the 2025 launch quarter, and stay broadly flat compared with Q3. The reasons it gives:

  • Lower revenue per unit because of promotional discounts.
  • Less revenue recognized from earlier deferrals, and more pushed into future periods.

Partly offsetting that, Nexon expects more unit sales plus income from the Premium Reward Pass (see our Reward Pass explainer) and the Collector Set DLC package. The release also repeats that Nexon and Chernin Entertainment are developing film and TV adaptations of ARC Raiders and THE FINALS.

Also today in ARC Raiders

  • Store Update 2.5.0 is live and adds two new colour variants for the Vanguard Set, Orange and Black/White. It needs no restart, per Embark.
  • PvE is still the big question. Söderlund's comment to The Game Business that a permanent PvE mode wouldn't be technically hard is back in circulation. We broke down that interview and the PvE test data in our earlier report. A permanent mode is still unconfirmed.

What's next

  • Now through Q4 2026: the Premium Reward Pass and Collector Set DLC carry monetization, with Nexon forecasting flat revenue quarter over quarter.
  • Next major update: Söderlund's "at least two times a year" commitment points to the next big content drop following Frozen Trail. Embark's year-two plan already mentions Expeditions in early 2027.
  • Next financial update: Nexon's Q4 and full-year 2026 results, which will show whether the post-Frozen Trail plateau held.

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