Financial Results
Ongoing coverage on Financial Results.
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NVIDIA (NVDA) Q1 FY27 earnings results beat revenue and EPS expectations
Nvidia Corporation exceeded Wall Street's expectations for revenue and earnings per share in the first quarter of its fiscal year 2027. The company reported strong financial results that surpassed analyst predictions.
Ubisoft confirms new Assassin's Creed, Far Cry, and Ghost Recon games are coming before April 2029
Ubisoft has confirmed that new installments in the Assassin's Creed, Far Cry, and Ghost Recon franchises are slated for release before March 2029. The company also highlighted its accelerated investment in generative AI technologies, including its "Teammates" experience.
Business and Finance
Hasbro reported its first quarter 2026 financial results, while Roblox announced its inaugural share repurchase program. Additionally, Logitech announced its proposed fiscal year 2026 dividend.
Embracer Group announces plans to spin-off Fellowship Entertainment
Embracer Group announced plans to spin off Fellowship Entertainment, which will focus on premium intellectual property and development, including titles like Kingdom Come: Deliverance and Tomb Raider. The remaining Embracer entity will implement a more efficient structure with tighter cost control. This news coincides with Embracer's Q4 financial results, which showed a 24% net sales decline and a significant non-cash impairment.
ARC Raiders, The Finals & MapleStory drove a 118% YoY increase in Nexon's Q1 2026 net income
Nexon reported a 118% year-over-year increase in net income for Q1 2026, driven by strong performance from ARC Raiders, The Finals, and MapleStory. ARC Raiders sold approximately 4.6 million units, while The Finals and MapleStory saw revenue increases of 47% and 42% year-over-year, respectively.
Business and Finance
Square Enix reported a 34.9% surge in operating income for its fiscal year 2026, despite a decline in net sales. The company's financial performance indicates strong profitability in its operations.
Nexon Q1 net income rises 118% to $360.7m
Nexon reported a 118% year-over-year increase in net income for the first quarter, reaching $360.7 million, driven by strong performance from Embark Studios' Arc Raiders and the MapleStory franchise. The company also announced a ten-year publishing partnership extension with Tencent for Dungeon & Fighter in China.
Business and Finance
Nexon has announced its Q1 2026 consolidated financial results, reporting a significant 59% increase in overseas revenue. This growth was primarily driven by the performance of the game ARC Raiders.
They can never compete with Elden Ring, but FromSoftware owner says Nightreign "performed strongly" and The…
Kadokawa Corporation, the parent company of FromSoftware, has confirmed that the upcoming Nintendo Switch 2 exclusive, The Duskbloods, is still slated for a 2026 release. While Elden Ring Nightreign and its DLC performed strongly, overall sales declined from the previous year. The company expects sales to increase with future releases like Elden Ring Tarnished Edition and The Duskbloods.
Capcom secures ninth consecutive year of profit boosted by Resident Evil Requiem
Capcom has reported its ninth consecutive year of profit growth, driven by strong digital content sales, particularly from Resident Evil Requiem. The company achieved record unit sales and significant revenue increases across its gaming, esports, and arcade divisions. Capcom forecasts continued growth for the upcoming fiscal year, aiming for 100 million annual unit sales in its core digital business.
Sega Is Cancelling Its ‘Super Game’ While Keeping Its Classic Reboots in Play
Sega Sammy has cancelled its ambitious 'Super Game' initiative, citing underperformance in live service titles like Sonic Rumble Party and the financial impact of recent acquisitions Rovio and Stakelogic. The company will reallocate the Super Game development team to focus on its core intellectual properties. Despite the cancellation, Sega has reaffirmed its commitment to releasing reboots of classic franchises such as Crazy Taxi, Jet Set Radio, Golden Axe, and Streets of Rage.
Crimson Desert increases Pearl Abyss Q1 earnings more than fivefold to $220.6m
Pearl Abyss reported a significant surge in Q1 operating revenue, reaching $220.6 million, primarily driven by the March launch of Crimson Desert. The game generated $179.1 million in sales, with the majority coming from North America and Europe. The company forecasts continued strong performance for Crimson Desert and plans for future platform expansion and DLC.
Crimson Desert Dev Pearl Abyss Confirms Plans to 'Broaden the Game to the Next Level' — Including DLC
Pearl Abyss, the developer and publisher of Crimson Desert, has confirmed plans to release downloadable content (DLC) for the game. This announcement was made alongside the company's latest financial results, which also detailed the game's financial performance.
Sega reports $31.6m net loss during FY26, cancels 'Super Game' project amid strategic pivot
Sega Sammy reported a net loss of $31.6 million for the fiscal year ending March 31, 2026, impacted by significant impairment losses from its acquisitions of Rovio and Stakelogic. The company is pivoting its strategy, reducing the priority of free-to-play games and reassigning over 100 developers to full game development. The ambitious 'Super Game' project has also been cancelled.
Business and Finance
Shift Up announced it will self-publish Stellar Blade 2 to reach a global audience immediately, diverging from Sony's previous publishing role for the first game. Separately, PLAYSTUDIOS, Inc. released its first-quarter financial results.
Business and Finance
Nintendo reported a 98.6% surge in fiscal year sales, reaching $14.6 billion, boosted by the launch of the Nintendo Switch. In separate news, 2K has laid off staff working on the free-to-play shooter Project Ethos, indicating a shift in focus for the project.
Nintendo (NTDOY) FY26 financial results overshadowed by dire FY27 forecast
Nintendo's latest financial results for fiscal year 2026 were overshadowed by a conservative forecast for fiscal year 2027. Concerns about potential price hikes for the upcoming Switch successor, margin pressures, and cautious guidance have cast a shadow over the company's outlook.
EG7 Q1 2026: Daybreak is acquiring Cold Iron Studios (again) as Palia and Far Far West soar
Enad Global 7 reported a 13.1% drop in Q1 2026 revenues compared to the previous year, though its subsidiary Daybreak Game Company saw a 16.8% increase driven by Palia, EverQuest, and DC Universe Online. Daybreak is once again in talks to acquire Cold Iron Studios, with the intention of bringing the development of Aliens: Fireteam Elite 2 in-house. The company also noted strong sales for Far Far West, which recently launched into early access.
PlayStation records $765m impairment loss from Bungie as operating income falls 41.6% in Q4
Sony reported a $765 million impairment loss related to Bungie due to underperforming titles like Destiny 2 and Marathon. The company's Games and Network Services segment saw a 41.6% decline in Q4 operating income, despite overall full-year operating income rising 12%. PlayStation 5 unit sales also decreased year-over-year.
Sony Reveals $766m Bungie Writedown in Latest Financial Results
Sony reported a significant $766 million write-down related to its acquisition of Bungie in its fiscal year 2025 results. Despite the financial loss, Sony plans to continue supporting Bungie's live-service title Marathon, citing strong user engagement metrics. The company anticipates a drop in hardware sales for the upcoming fiscal year but expects an increase in first-party game sales, including upcoming titles like Saros and Marvel's Wolverine.
