Square Enix has released its latest earnings report, and despite its gaming side operating at a loss for the last two consecutive quarters, the company has managed to achieve year-on-year growth and remain profitable in the process. Over the course of nine months that ended in December 2020, Square Enix reported an increase in net sales of 33.7% when compared to the same period in 2019.

This saw the company's operating income rise by 47.7% to 41,022 million yen and while it was profitable, those figures were down by 4.3% when compared to 2019's numbers. Final Fantasy VII Remake proved to be a big hit for Square Enix, as its Q1 release saw net sales that were more than double that of the company's best period in 2019, earning 34.1 billion yen.

The second and third quarters of the year were less successful though, as Square Enix suffered a decline in net sales and operating income despite it despite earning 18.8 billion yen in that period. A loss of approximately 5 billion yen was recorded during this period.