1. MARKETS
  2. SECTOR : SOFTWARE & SERVICES
  3. INDUSTRY : PACKAGED SOFTWARE
  4. GDEV INC
GDEV Inc
XNAS: GDEV
600.7
XNAS Volume

XNAS 25 Sep, 2026 4:03 PM (EDT)

Portfolio

Alert

My Notes

GDEV Inc quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Forecaster Analyst Estimates for GDEV Inc share price target, revenues, EPS, net income and more

GDEV Inc quarterly results: revenue, profit, and P&L – 13 quarter history

  • NEGATIVE

    Quarterly Revenue GDEV Inc Jun-2026 Quarterly Revenue is $94 Million which is growth of -22.0% YoY.

  • POSITIVE

    Quarterly Net Profit GDEV Inc Jun-2026 Quarterly Net Profit is $20 Million which is growth of 20.0% YoY.

GDEV Inc, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Jun '25Jun '24Dec '23Sep '23Jun '23Dec '22Sep '22Jun '22Mar '22Dec '21Sep '21Jun '21
Operating Rev.
93.6119.9105.8109.1121.3114.9103.1124.8125.8126.1122.6115.2109.6
Cost Of Rev.
32.439.435.437.639.941.756.541.838.742.838.535.633.7
Gross Profit
61.280.570.471.681.473.246.683.187.183.384.179.675.9
⌄
40.961.555.263.151.257.646.135.443.866.661.270.496.2
Operating Profit
20.31915.28.530.215.60.547.643.216.822.99.2-20.3
0.30.30.510.90.92.2-1.81.6-0.9-11.912.80.6
Profit Before Tax
21.618.215.712.325.319.8-100.836.842.124.218.3-103.4-19.6
Tax
1.71.611.21.60.3-0.42.21.30.80.30.30.4
⌄
19.916.614.711.123.719.5-7731.229.623.418.1-103.7-20
Diluted NI Avail to Com Stockholders Ann.
19.916.614.711.123.719.5-7731.229.623.418.1-103.7-20
Basic EPS
1.10.90.80.51.21-3.91.61.51.21.2-5.6-1
Diluted EPS After ExtraOrdinary
1.10.90.80.41.50.8-0.122.10.90.8-0.7-1
Number Of Shares End
18.218.118.119.719.719.719.819.819.819.819.918.519.7
Net Income Continuing Discontinued Operations
19.916.614.711.123.719.5-7731.229.623.418.1-103.7-20
Normalized Income
20.716.114.78.529.116.2-1.638.740.61710.9-12.1-20
Interest Income
0.40.40.60.91.11.1--1.60.1-12.8-
Interest
000-0.20.10.1-0.91.8-1---
Net Interest Income
0.30.30.510.90.92.2-1.81.6-0.9-11.912.80.6
EBIT
21.618.315.712.225.420-101.738.643.225.2-95.59.2-20.3
EBITDA
21.918.916.313.827.120.5-98.340.445.426.7-94.69.9-19.7
Reconciled Cost Of Rev.
32.439.435.437.639.941.758.341.237.942.838.535.633.7
Reconciled Depr.
0.20.60.61.61.80.51.51.72.21.50.80.70.6
Profit From Continuing Operations
---11.123.7--7731.629.323.418.1-103.7-20
Normalized EBITDA
22.618.216.310.932.917.10.945.144.820-101.9135.3-19.7
*All financials are in USD Million and price data in USD

GDEV Inc competitor comparison and performance snapshot within industry

GDEV Inc annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • NEGATIVE

    Annual Revenue GDEV Inc Dec-2025 Annual Revenue is $404 Million which is growth of -3.9% YoY.

  • POSITIVE

    Annual Net Profit GDEV Inc Dec-2025 Annual Net Profit is $69 Million which is growth of 171.5% YoY.

GDEV Inc, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19
-5.5%
9.2%
 404.4420.9464.6479.7434.1260.993.8
Cost Of Rev. Ann.
-6.6%
8.8%
 141.4142160.7173.7136.292.644.5
Gross Profit Ann.
-4.9%
9.3%
 262.9278.9303.9306297.9168.349.3
Operating Exp. Ann.
0.5%
2.4%
 191.8238.4259.6188.9295.717085.1
Operating Profit Ann.
-15.3%
-
 71.140.544.3117.22.2-1.7-35.8
17.6%
-
 1.31.83.50.8-0.3-0.2-0.2
Other Exp. Ann.
-
2.8%
 2.3-12.32.2-106.8-118.220.4
PBT Ann.
88.2%
275.5%
 74.7305011.2-116.30.1-35.5
Tax Ann.
12.4%
43.1%
 5.44.53.93.81.10.90
⌄
111.7%
-
 69.325.546.17.3-117.4-0.8-35.5
Diluted NI Avail to Com Stockholders Ann.
111.7%
-
 69.325.546.17.3-117.4-0.8-35.5
EPS Ann.
111.8%
-
 3.81.42.30.4-6.4-0-1.8
Diluted EPS Ann.
111.8%
-
 3.81.42.30.4-6.4-0-1.8
Number Of Shares End
-
-
 --19.719.819.919.7-
Total Exp. Ann.
-2.8%
4.9%
 333.2380.4420.3362.5431.9262.6129.6
Net Income Continuing Discontinued Operations Ann.
111.7%
-
 69.325.546.17.3-117.4-0.8-35.5
Normalized Income Ann.
-3.7%
-
 63.729.643.671.4-31.2-2.2-35.8
Interest Income Ann.
4%
-
 1.82.341.6-00
Interest Ann.
-41.5%
-
 0.10.20.20.50.100.1
EBITDA Ann.
63.7%
159%
 81.636.456.518.6-113.70.7-35.1
Reconciled Cost Of Rev. Ann.
-7.6%
8.2%
 137.1138.6160.7173.7136.292.644.5
Reconciled Depr. Ann.
0%
63%
 6.96.26.36.92.50.60.3
Profit From Continuing Operations Ann.
110.8%
-
 69.325.546.17.4-117.4-0.8-35.5
Normalized EBITDA Ann.
-13.1%
-
 75.641.253.7115.24.5-1.3-35.6
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
-3.9%
2Y CAGR
-6.7%
3Y CAGR
-5.5%
5Y CAGR
9.2%
Net Profit Ann.
1Y CHG
171.8%
2Y CAGR
22.6%
3Y CAGR
111.7%
Operating Exp. Ann.
1Y CHG
-19.5%
2Y CAGR
-14%
3Y CAGR
0.5%
5Y CAGR
2.4%

GDEV Inc balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund GDEV Inc Dec-2025 Total Shareholders Fund is $-91 Million which is growth of 10.8% YoY.

  • NEGATIVE

    Total Assets GDEV Inc Dec-2025 Total Assets is $233 Million which is growth of -14.4% YoY.

GDEV Inc, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19
-10.2%
2%
233.1272.2320.6322313211.6-
⌄
-11.7%
0.6%
323.7373.7420.4470.8474313.5-
⌄
-
-
-90.6-101.5-99.8-148.8-161.1-101.9-
Total Capitalization Ann.
-
-
-90.6-101.5-99.8-148.8-161.1-101.9-
Tangible Assets Ann.
-
-
-93.1-107.8-110.1-163.6-162.9-102-
Working Capital Ann.
-
-
-76.8-83.9-88.9-143.5-131.7-112.8
Invested Capital Ann.
-
-
-90.6-101.5-99.8-148.8-161.1-101.9-
Tangible Book Value Ann.
-
-
-93.1-107.8-110.1-163.6-162.9-102-
Borrowings Ann.
-2.9%
-1.7%
1.11.32.41.21.91.2-
Net Debt Ann.
-
-
-------
Share Issued Ann.
0.3%
0.2%
19.919.919.819.719.719.7-
Number Of Shares End
-
-
--19.719.819.919.7-
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
-14.4%
2Y CAGR
-14.7%
3Y CAGR
-10.2%
5Y CAGR
2%
Total Current Liabilities Ann.
1Y CHG
-12%
2Y CAGR
-12.5%
3Y CAGR
-11.3%
5Y CAGR
-0.1%

GDEV Inc ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share GDEV Inc Book Value Per Share is $-5 which is growth of 10.9% YoY.

  • NEUTRAL

    ROE GDEV Inc ROE is 0% which is growth of 0% YoY.

GDEV Inc, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19
RoA Ann. %
-
-
-8.62%14.35%2.30%-44.78%-0.36%-
ROE Ann. %
-
-
-------
ROIC %
-
-
-------
OPM Ann. %
-10.4%
-
17.59%9.63%9.53%24.43%0.50%-0.64%-38.12%
Inventory Turnover Ratio Ann.
-
-
-------
Asset Turnover Ann. %
-
-
-1.41.51.51.71.2-
Working Capital Turnover Ann.
-
-
-5.3-5-5.2-3.3-3.3-2.3-
Quick Ratio Ann.
-
-
-0.70.70.50.60.5-
Current Ratio Ann.
-
-
-0.70.70.60.60.5-
Interest Coverage Ratio Ann.
-
-
-147.6264.124.2-1,277.23.5-369
LT Debt To Equity Ann.
-
-
-------
*All financials are in USD Million and price data in USD

GDEV Inc cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • POSITIVE

    Cash From Operating Activity GDEV Inc Dec-2025 Cash From Operating Activity is $29 Million which is growth of 3.2% YoY.

  • NEGATIVE

    Net Cash Flow GDEV Inc Dec-2025 Net Cash Flow is $-50 Million which is growth of -227.5% YoY.

GDEV Inc, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19
-36.7%
-24.6%
29.428.518116.1105.5120.615
-
-
-22.455.9-32.5-171.8-2.70.4-0.3
-
-
-57.4-44.9-2-1.9-43-56.1-0.2
Cash Plus Cash Eqv. End Of Year Ann.
-10.2%
-5.8%
62.9111.171.886.8142.884.617.6
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-50.439.5-16.5-57.659.864.914.5
Cash Plus Cash Eqv. Begin Of Year Ann.
-8%
44.6%
111.171.886.8142.884.617.63.1
Income Tax Paid Supplemental Data Ann.
-
-
-------
Interest Paid Supplemental Data Ann.
-
-
-------
Capex Ann.
-
-
-0.3-0.4-0.8-1.1-1.4-0.2-0.1
Issuance Of Capital Stock Ann.
-
-
-------
Issuance Of Debt Ann.
-
-
-0.26.5
Repayment Of Debt Ann.
-
-
-1.3-1.6-1.9-2-2.2-4.3-2.5
Repurchase Of Capital Stock Ann.
-
-
-33.1-----
Free Cash Flow Ann.
-36.7%
-24.7%
29.128.117.2115104.1120.514.9
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
3.2%
2Y CAGR
27.8%
3Y CAGR
-36.7%
5Y CAGR
-24.6%