P1Harmony, a group under FNC Entertainment, is experiencing continuous growth in global popularity, leading the company to project profitability in 2026 after years of operating losses. Since their debut in 2020, P1Harmony has strategically targeted the global market with a focus on North America, achieving steady growth across album sales, tours, and IP business ventures, establishing themselves as FNC Entertainment's 'next cash cow.' Album sales from 2024-2025 show consistent increases compared to previous releases, with cumulative sales accumulating rapidly, while tour expansion now extends beyond North America to South America, Europe, and Australia. P1Harmony has positioned itself as a 'team verified overseas first' through partnerships with major North American agencies, appearances at KCON and global music festivals, and increased exposure on local broadcasting and digital channels, leading to expanded revenue from concert scale, performance fees, and merchandise sales. FNC Entertainment is restructuring its business from a past focus on entertainment management toward music and IP-based content including actors and dramas, combining 'mature IP stability' with 'growth IP leverage' by maintaining stable fandoms and tour demand through existing bands like FT Island, CNBLUE, and N.Flying. Last year's connected revenue reached 97.4 billion won, a 12.9% increase year-over-year, with operating losses narrowed to 1.5 billion won, while 2026 is projected to achieve 110.3 billion won in revenue (13.2% increase) and 1.4 billion won in operating profit, marking successful profitability turnaround.