Earnings ·
GDEV Inc. reported unaudited financial results for the second quarter and first half of 2026
GDEVWGDEV Inc.
GDEV Inc. reported unaudited financial results for the second quarter and first half of 2026. Revenue decreased 22% year-over-year to $94 million in Q2 and 11% to $193 million in H1, driven by lower bookings from a 23% decline in monthly paying users. Despite revenue contraction, net profit increased to $20 million in Q2 (from $17 million) and $37 million in H1 (from $31 million), supported by a 38% reduction in selling and marketing expenses to $33 million and improved share of profits from equity-accounted associates. The company also sold the mobile game "Island Hoppers" for $5.0 million on August 13, 2026. GDEV Inc. operates as an international gaming and entertainment holding company focused on developing and growing its franchise portfolio.