GDEV Inc. (GDEV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 90M | 97.57M | 119.91M | 97.02M | 97.51M | 110.66M | 105.82M | 107M | 109.11M | 121.3M | 114.86M | 119.28M | 103.05M | 124.8M | 125.77M | 126.07M | 122.58M | 115.18M | 109.64M | 86.69M |
| Revenue Growth % | -7.71% | -11.83% | 13.31% | -9.32% | -10.63% | -8.76% | -7.87% | -10.29% | 5.89% | -2.81% | -8.67% | -5.39% | -15.94% | 8.36% | 14.7% | 45.43% | 64.86% | - | - | 47.49% |
| Cost of Goods Sold | 33M | 35.04M | 39.43M | 34.09M | 33.8M | 36.6M | 35.39M | 36M | 39.18M | 39.92M | 42.19M | 43.93M | 56.47M | 41.76M | 38.7M | 42.76M | 38.47M | 35.55M | 33.73M | 28.42M |
| COGS % of Revenue | 36.67% | 35.91% | 32.88% | 35.14% | 34.66% | 33.07% | 33.44% | 33.64% | 35.91% | 32.91% | 36.73% | 36.83% | 54.8% | 33.46% | 30.77% | 33.92% | 31.38% | 30.87% | 30.76% | 32.78% |
| Gross Profit | 57M | 62.53M | 80.48M | 62.93M | 63.71M | 74M | 70.44M | 71M | 69.94M | 81.38M | 72.68M | 75.35M | 46.58M | 83.05M | 87.07M | 83.31M | 84.11M | 79.62M | 75.91M | 58.27M |
| Gross Margin % | 63.33% | 64.09% | 67.12% | 64.86% | 65.34% | 66.87% | 66.56% | 66.36% | 64.09% | 67.09% | 63.27% | 63.17% | 45.2% | 66.54% | 69.23% | 66.08% | 68.62% | 69.13% | 69.23% | 67.22% |
| Gross Profit Growth % | -10.53% | -15.49% | 14.26% | -11.37% | -8.9% | -9.06% | -3.08% | -5.77% | 50.13% | -2.01% | -16.53% | -9.56% | -44.62% | 4.3% | 14.7% | 42.97% | 77.19% | - | - | 54.24% |
| Operating Expenses | 44M | 37.65M | 61.84M | 49.82M | 50.98M | 59.42M | 55.41M | 71M | 61.47M | 51.21M | 57.81M | 86.12M | 46.12M | 35.44M | 43.84M | 66.56M | 61.18M | 70.38M | 96.18M | 68M |
| OpEx % of Revenue | 48.89% | 38.59% | 51.57% | 51.34% | 52.27% | 53.69% | 52.36% | 66.36% | 56.34% | 42.22% | 50.33% | 72.2% | 44.76% | 28.4% | 34.86% | 52.79% | 49.91% | 61.11% | 87.72% | 78.44% |
| Selling, General & Admin | 44M | 38.24M | 59.88M | 49.82M | 49.16M | 59M | 54.41M | 71M | 59.49M | 49.15M | 56.83M | 86.12M | 44.06M | 34.22M | 42.47M | 65.09M | 60.35M | 69.74M | 95.57M | 67.54M |
| SG&A % of Revenue | 48.89% | 39.19% | 49.94% | 51.34% | 50.41% | 53.31% | 51.41% | 66.36% | 54.52% | 40.52% | 49.48% | 72.2% | 42.75% | 27.42% | 33.77% | 51.63% | 49.23% | 60.55% | 87.17% | 77.91% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -591K | 1000K | -235K | 1000K | 417K | 1000K | 0 | 1000K | 1000K | 741K | -805K | 1000K | 1000K | 1000K | 1000K | 827K | 110K | 106K | 459K |
| Operating Income | 13M | 24.89M | 18.64M | 13.11M | 12.74M | 14.65M | 15.03M | -24K | 8.46M | 28.96M | 14.87M | -10.77M | -682K | 47.6M | 43.23M | 16.75M | 22.94M | -116.2M | -20.27M | -9.72M |
| Operating Margin % | 14.44% | 25.51% | 15.54% | 13.52% | 13.06% | 13.24% | 14.2% | -0.02% | 7.76% | 23.87% | 12.94% | -9.03% | -0.66% | 38.14% | 34.37% | 13.29% | 18.71% | -100.89% | -18.49% | -11.22% |
| Operating Income Growth % | 2.07% | 69.89% | 24.05% | 54741.67% | 50.45% | -49.41% | 1.08% | 99.78% | 1341.2% | -39.17% | -65.61% | -164.3% | -102.97% | 140.97% | 313.24% | 272.31% | 347.92% | - | - | -96.82% |
| EBITDA | 15M | 26.65M | 19.25M | 14.72M | 13.52M | 16.27M | 15.59M | 1.98M | 10.09M | 30.71M | 16.36M | -9.37M | 2.71M | 49.35M | 45.38M | 18.22M | 23.77M | -115.56M | -19.66M | -9.26M |
| EBITDA Margin % | 16.67% | 27.32% | 16.05% | 15.18% | 13.87% | 14.7% | 14.73% | 1.85% | 9.25% | 25.32% | 14.24% | -7.85% | 2.63% | 39.54% | 36.08% | 14.45% | 19.39% | -100.33% | -17.93% | -10.69% |
| EBITDA Growth % | 10.91% | 63.85% | 23.51% | 645.14% | 34.05% | -47.02% | -4.74% | 121.1% | 272.15% | -37.78% | -63.94% | -151.4% | -88.59% | 142.7% | 330.78% | 296.69% | 349.5% | - | - | -90.7% |
| D&A (Non-Cash Add-back) | 2M | 1.77M | 611K | 1.61M | 788K | 1.62M | 561K | 2M | 1.62M | 1.75M | 1.5M | 1.41M | 3.39M | 1.74M | 2.15M | 1.47M | 827K | 645K | 609K | 459K |
| EBIT | 13M | 24.89M | 18.25M | 13.11M | 12.74M | 14.65M | 15.03M | -25K | 12.41M | 28.96M | 14.79M | -13.45M | -70.24M | 34.05M | 43.23M | 16.75M | 22.94M | -97.75M | -15.53M | -9.72M |
| Net Interest Income | 0 | 186K | 292K | 1.8M | 1.96M | 0 | 464K | -2.47M | 809K | -2.85M | -226K | 1.28M | 684K | -1.19M | 1.61M | -939K | -4.61M | -800K | 711K | -1.88M |
| Interest Income | 0 | 186K | 410K | 1.9M | 1.96M | 0 | 569K | 0 | 907K | 805K | 0 | 1.28M | 997K | 536K | 1.61M | 99K | 0 | 0 | 711K | 0 |
| Interest Expense | 0 | 0 | 118K | 102K | 0 | 0 | 105K | 0 | 98K | 3.65M | 226K | 0 | 313K | 1.73M | 0 | 1.04M | 4.61M | 800K | 0 | 1.88M |
| Other Income/Expense | 0 | 827K | -418K | 2.48M | -13.9M | 1.42M | 674K | -4.5M | 4.24M | -3.69M | 4.98M | 3.35M | -2.91M | -13.83M | -1.11M | 7.41M | -4.61M | 12.79M | 5.5M | -1.88M |
| Pretax Income | 13M | 25.71M | 18.22M | 15.59M | -1.17M | 16.07M | 15.7M | -562K | 12.31M | 25.27M | 19.84M | -7.43M | -100.78M | 33.78M | 42.12M | 24.16M | 18.33M | -103.41M | -14.77M | -11.6M |
| Pretax Margin % | 14.44% | 26.35% | 15.2% | 16.07% | -1.19% | 14.52% | 14.84% | -0.53% | 11.28% | 20.83% | 17.28% | -6.23% | -97.79% | 27.07% | 33.49% | 19.17% | 14.96% | -89.78% | -13.47% | -13.38% |
| Income Tax | -1M | 1.59M | 1.6M | 1.32M | 1.19M | 1.45M | 986K | 878K | 1.22M | 1.58M | 326K | 748K | -412K | 2.15M | 1.25M | 752K | 282K | 291K | 370K | 184K |
| Effective Tax Rate % | -7.69% | 6.2% | 8.76% | 8.49% | -102.32% | 9.04% | 6.28% | -156.23% | 9.93% | 6.27% | 1.64% | -10.07% | 0.41% | 6.36% | 2.97% | 3.11% | 1.54% | -0.28% | -2.5% | -1.59% |
| Net Income | 14M | 24.12M | 16.63M | 14.27M | -2.36M | 14.62M | 14.71M | -1.44M | 11.09M | 23.68M | 19.52M | -8.18M | -100.36M | 31.2M | 40.87M | 23.43M | 18.05M | -103.7M | -20.01M | -11.79M |
| Net Margin % | 15.56% | 24.72% | 13.86% | 14.7% | -2.42% | 13.21% | 13.9% | -1.35% | 10.16% | 19.53% | 16.99% | -6.85% | -97.39% | 25% | 32.49% | 18.58% | 14.73% | -90.04% | -18.25% | -13.6% |
| Net Income Growth % | 693.98% | 65% | 13% | 1090.69% | -121.26% | -38.28% | -24.62% | 82.39% | 111.05% | -24.09% | -52.24% | -134.9% | -656.01% | 130.09% | 304.25% | 298.77% | 186.48% | - | - | -87.39% |
| Net Income (Continuing) | 14M | 24.12M | 16.63M | 14.27M | -2.36M | 14.62M | 14.71M | -1.44M | 11.09M | 23.68M | 19.52M | -8.18M | -100.36M | 31.63M | 40.87M | 23.41M | 18.05M | -103.7M | -15.14M | -11.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 0 | 0 | 0 | -1000K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -281K | 26K | 44K | 0 | 0 | 0 |
| EPS (Diluted) | 0.77 | 1.32 | 0.90 | 0.77 | -0.13 | 0.79 | 0.81 | -0.05 | 0.56 | 1.20 | 1.03 | -0.41 | -5.09 | 1.60 | 2.06 | 1.20 | 0.92 | -5.87 | -1.02 | -0.60 |
| EPS Growth % | 692.31% | 67.09% | 11.11% | 1621.74% | -123.21% | -34.17% | -21.36% | 87.66% | 111% | -25% | -50% | -134.17% | -653.26% | 127.26% | 301.96% | 300% | 187.5% | - | - | -87.5% |
| EPS (Basic) | 0.77 | 1.33 | 0.92 | 0.78 | -0.13 | 0.79 | 0.81 | -0.05 | 0.56 | 1.20 | 1.03 | -0.41 | -5.09 | 1.60 | 2.06 | 1.20 | 0.92 | -5.87 | -1.02 | -0.60 |
| Diluted Shares Outstanding | 18.13M | 18.27M | 18.52M | 18.24M | 17.95M | 18.5M | 18.27M | 19.76M | 19.76M | 19.74M | 18.91M | 19.72M | 19.71M | 19.8M | 19.8M | 19.8M | 19.67M | 17.66M | 19.65M | 19.65M |
| Basic Shares Outstanding | 18.13M | 18.27M | 18.13M | 17.85M | 17.56M | 18.5M | 18.11M | 19.76M | 19.76M | 19.74M | 18.91M | 19.72M | 19.71M | 19.8M | 19.8M | 19.8M | 19.67M | 17.66M | 19.65M | 19.65M |
| Dividend Payout Ratio | 419.22% | 250% | 25.92% | 392.47% | - | - | - | - | - | - | - | - | - | - | - | - | 25.94% | - | - | - |