Motorsport Games Inc. (MSGM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | 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 |
|---|
| Sales/Revenue | 4.03M | 3.85M | 3.1M | 2.59M | 1.76M | 1.97M | 1.8M | 1.88M | 3.03M | 1.75M | 1.69M | 1.74M | 1.73M | 3.77M | 1.22M | 2.01M | 3.32M | 8.22M | 2.14M | 2.24M |
| Revenue Growth % | 129.25% | 94.93% | 71.94% | 37.74% | -41.95% | 12.96% | 6.44% | 8.2% | 75.15% | -53.66% | 38.49% | -13.43% | -47.94% | -54.15% | -42.8% | -10.27% | 34.26% | 180.31% | -76.21% | - |
| Cost of Goods Sold | 523.65K | 622.26K | 597.82K | 454.89K | 465.39K | 1.07M | 716.72K | 771.65K | 666.63K | 674.11K | 831.48K | 866.17K | 1.25M | 1.49M | 602.86K | 856.16K | 2.01M | 4.89M | 949.14K | 906.3K |
| COGS % of Revenue | 12.99% | 16.17% | 19.28% | 17.55% | 26.47% | 54.25% | 39.75% | 41.01% | 22.01% | 38.58% | 49.09% | 49.8% | 72.21% | 39.45% | 49.29% | 42.62% | 60.62% | 59.48% | 44.38% | 40.48% |
| Gross Profit | 3.51M | 3.23M | 2.5M | 2.14M | 1.29M | 903.07K | 1.09M | 1.11M | 2.36M | 1.07M | 862.39K | 872.96K | 480.62K | 2.28M | 620.29K | 1.15M | 1.31M | 3.33M | 1.19M | 1.33M |
| Gross Margin % | 87.01% | 83.83% | 80.72% | 82.45% | 73.53% | 45.75% | 60.25% | 58.99% | 77.99% | 61.42% | 50.91% | 50.2% | 27.79% | 60.55% | 50.71% | 57.38% | 39.38% | 40.52% | 55.62% | 59.52% |
| Gross Profit Growth % | 171.26% | 257.15% | 130.36% | 92.52% | -45.26% | -15.85% | 25.95% | 27.15% | 391.53% | -52.99% | 39.03% | -24.28% | -63.25% | -31.48% | -47.85% | -13.49% | -22.71% | 108.31% | -80.4% | - |
| Operating Expenses | 2.42M | 4.26M | 1.7M | 168.89K | 1.39M | 1.56M | 3.02M | -948.74K | 3.58M | 3.79M | 3.53M | 9.47M | 5.89M | 7.47M | 8.17M | 7.84M | 16.91M | 10.12M | 7.58M | 7.31M |
| OpEx % of Revenue | 60.11% | 110.69% | 54.94% | 6.52% | 78.83% | 79.26% | 167.4% | -50.42% | 118.11% | 217.07% | 208.23% | 544.8% | 340.71% | 198.06% | 668.18% | 390.16% | 509.1% | 123.06% | 354.31% | 326.32% |
| Selling, General & Admin | 1.91M | 2.22M | 1.28M | 991.35K | 1.27M | 1.44M | 2.12M | 1.62M | 2.44M | 2.19M | 1.88M | 3.59M | 3.4M | 4.49M | 5.45M | 4.89M | 5.11M | 6.16M | 4.48M | 5.42M |
| SG&A % of Revenue | 47.35% | 57.72% | 41.25% | 38.25% | 72.01% | 73.06% | 117.72% | 85.95% | 80.58% | 125.14% | 111.27% | 206.37% | 196.46% | 118.97% | 445.49% | 243.4% | 153.88% | 74.96% | 209.48% | 242.14% |
| Research & Development | 514.34K | -1.29M | 418.91K | 270.34K | 601.95K | 597.72K | 848.53K | 868.75K | 1.06M | 1.49M | 1.57M | 1.79M | 2.4M | 2.7M | 2.63M | 2.68M | 2.4M | 3.54M | 3.02M | 1.82M |
| R&D % of Revenue | 12.76% | -33.56% | 13.51% | 10.43% | 34.23% | 30.28% | 47.06% | 46.17% | 35.11% | 85.01% | 92.5% | 102.8% | 138.61% | 71.61% | 215.11% | 133.48% | 72.38% | 43.02% | 141% | 81.21% |
| Other Operating Expenses | 0 | 1000K | 5.45K | -1000K | -481.87K | -475.36K | 47.15K | -1000K | 73.72K | 120.88K | 75.61K | 1000K | 97.35K | 282.02K | 92.7K | 266.77K | 1000K | 418.21K | 81.87K | 66.45K |
| Operating Income | 1.08M | -1.03M | 798.95K | 1.97M | -93.19K | -661.39K | -1.93M | 2.06M | -1.22M | -2.72M | -2.66M | -8.6M | -5.41M | -5.19M | -7.55M | -6.69M | -15.6M | -6.79M | -6.39M | -5.97M |
| Operating Margin % | 26.9% | -26.86% | 25.77% | 75.93% | -5.3% | -33.51% | -107.15% | 109.41% | -40.12% | -155.65% | -157.32% | -494.6% | -312.91% | -137.51% | -617.47% | -332.78% | -469.73% | -82.55% | -298.7% | -266.8% |
| Operating Income Growth % | 1263.53% | -56.26% | 141.36% | -4.4% | 92.33% | 75.68% | 27.5% | 123.93% | 77.54% | 47.55% | 64.72% | -28.66% | 65.32% | 23.62% | -18.24% | -11.92% | -1.47% | -141.47% | -325.64% | - |
| EBITDA | 1.26M | -1.14M | 1.53M | 2.22M | 158.86K | 172.53K | -1.37M | 2.65M | -613.38K | -2.12M | -2.16M | -8.09M | -4.91M | -4.7M | -7.05M | -6.19M | -15.03M | -6.22M | -5.83M | -5.45M |
| EBITDA Margin % | 31.27% | -29.74% | 49.22% | 85.73% | 9.03% | 8.74% | -75.74% | 140.62% | -20.25% | -121.15% | -127.72% | -465.34% | -283.86% | -124.61% | -576.19% | -308.2% | -452.34% | -75.64% | -272.61% | -243.45% |
| EBITDA Growth % | 693.39% | -763.21% | 211.74% | -16.02% | 125.9% | 108.15% | 36.88% | 132.69% | 87.51% | 54.95% | 69.3% | -30.7% | 67.33% | 24.47% | -20.89% | -13.6% | 1.41% | -144.06% | -295.28% | - |
| D&A (Non-Cash Add-back) | 176.05K | -110.72K | 726.89K | 253.94K | 252.06K | 833.92K | 566.41K | 587.16K | 601.95K | 602.8K | 501.4K | 508.87K | 502.36K | 486.55K | 504.83K | 493.66K | 577.51K | 567.84K | 557.92K | 522.71K |
| EBIT | 1.08M | -4.41M | 769.97K | 4.24M | 1.04M | -2.85M | -543.17K | 2.12M | -1.65M | 2.77M | -3.3M | -7.96M | -5.06M | -4.34M | -8.29M | -7.3M | -15.77M | -6.81M | -6.5M | -5.93M |
| Net Interest Income | -3.21K | 398 | -1.43K | -4.74K | -13.01K | -30.28K | -29.85K | -29.75K | -30.88K | -98.93K | -230.19K | -244.75K | -199.12K | -509.99K | -244.95K | -191.66K | -201.6K | -192.41K | -160.31K | -31.9K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 3.21K | -398 | 1.43K | 4.74K | 13.01K | 30.28K | 29.85K | 29.75K | 30.88K | 98.93K | 230.19K | 244.75K | 199.12K | 509.99K | 244.95K | 191.66K | 201.6K | 192.41K | 160.31K | 31.9K |
| Other Income/Expense | -132.78K | 1.6M | -30.41K | 2.27M | 1.12M | -2.22M | 1.36M | 28.73K | -468.07K | 5.39M | -869.34K | 400.86K | 152.2K | 336.14K | -984.24K | -802.26K | -363.69K | -211.06K | -271.13K | 12.46K |
| Pretax Income | 951.57K | 570.32K | 768.54K | 4.24M | 1.02M | -2.88M | -573.02K | 2.09M | -1.68M | 2.67M | -3.53M | -8.2M | -5.26M | -4.85M | -8.54M | -7.49M | -15.97M | -7M | -6.66M | -5.96M |
| Pretax Margin % | 23.6% | 14.82% | 24.79% | 163.52% | 58.15% | -145.87% | -31.78% | 110.94% | -55.58% | 152.86% | -208.64% | -471.55% | -304.11% | -128.6% | -697.93% | -372.71% | -480.68% | -85.11% | -311.37% | -266.24% |
| Income Tax | 0 | -245.26K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | -43% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 315.83K | 839.31K | 789.3K | 4.26M | 1.04M | -3.85M | 9.83K | 2.11M | -1.66M | 3.71M | -3.49M | -8.21M | -5.1M | -4.93M | -8.52M | -7.41M | -15.14M | -7.01M | -6.56M | -5.78M |
| Net Margin % | 7.83% | 21.81% | 25.46% | 164.3% | 59.2% | -195.28% | 0.55% | 111.92% | -54.97% | 212.38% | -206.04% | -472.2% | -294.96% | -130.82% | -696.18% | -368.61% | -455.71% | -85.24% | -306.74% | -258.16% |
| Net Income Growth % | -69.66% | 121.78% | 7931.91% | 102.21% | 162.53% | -203.87% | 100.28% | 125.64% | 67.36% | 175.23% | 59.01% | -10.89% | 66.3% | 29.64% | -29.82% | -28.12% | -9.6% | -166.35% | -649.67% | - |
| Net Income (Continuing) | 951.57K | 815.58K | 768.54K | 4.24M | 1.02M | -2.88M | -573.02K | 2.09M | -1.68M | 2.67M | -3.53M | -8.2M | -5.26M | -4.85M | -8.54M | -7.49M | -15.97M | -7M | -6.66M | -5.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.51M | 805.55K | 941.5K | 751.47K | 768.45K | 729.74K | -1.92M | -1.27M | -1.07M | 1.05M | 86.34K | 143.12K | 175.12K | 369.69K | 231.44K | 233.72K | 373.94K | 1.26M | 1.25M | 1.35M |
| EPS (Diluted) | 0.06 | 0.15 | 0.14 | 0.82 | 0.33 | -1.20 | 0.00 | 0.87 | -0.60 | 1.01 | -1.28 | -3.02 | -2.35 | -4.10 | -7.29 | -6.34 | -12.97 | -6.02 | -5.64 | -5.03 |
| EPS Growth % | -81.82% | 112.5% | - | -5.75% | 155% | -218.81% | 100.25% | 128.81% | 74.47% | 124.63% | 82.44% | 52.37% | 81.88% | 31.89% | -29.26% | -26.04% | 0.08% | -128.9% | -573.95% | - |
| EPS (Basic) | 0.06 | 0.15 | 0.14 | 0.82 | 0.33 | -1.20 | 0.00 | 0.87 | -0.60 | 1.01 | -1.28 | -3.02 | -2.35 | -4.10 | -7.29 | -6.34 | -12.97 | -6.02 | -5.64 | -5.03 |
| Diluted Shares Outstanding | 5.48M | 4.84M | 5.46M | 5.21M | 3.18M | 3.22M | 3.02M | 2.72M | 2.72M | 2.72M | 2.72M | 2.7M | 2.19M | 1.18M | 1.17M | 1.17M | 1.17M | 1.16M | 1.16M | 1.15M |
| Basic Shares Outstanding | 5.46M | 4.84M | 5.46M | 5.21M | 3.18M | 3.22M | 3.02M | 2.72M | 2.72M | 2.72M | 2.72M | 2.7M | 2.19M | 1.18M | 1.17M | 1.17M | 1.17M | 1.16M | 1.16M | 1.15M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |