About GDEV Inc.
https://gdev.incGDEV, Inc. operates as a gaming and entertainment holding company, which oversees a diverse portfolio of studios focused on developing and publishing live-service games across multiple platforms and genres. Its portfolio includes studios specializing in mobile, browser, and PC games, as well as captivating intellectual properties spanning various genres.

CEO
Anton Reinhold
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+
Price Target
About GDEV Inc.
https://gdev.incGDEV, Inc. operates as a gaming and entertainment holding company, which oversees a diverse portfolio of studios focused on developing and publishing live-service games across multiple platforms and genres. Its portfolio includes studios specializing in mobile, browser, and PC games, as well as captivating intellectual properties spanning various genres.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $97.57M ▼ | $37.65M ▼ | $24.12M ▲ | 24.72% ▲ | $1.33 ▲ | $26.65M ▲ |
| Q2-2025 | $119.91M ▲ | $61.84M ▲ | $16.63M ▲ | 13.86% ▼ | $0.92 ▲ | $18.86M ▲ |
| Q1-2025 | $97M ▼ | $50M ▼ | $14M ▲ | 14.43% ▲ | $0.78 ▲ | $15M ▲ |
| Q4-2024 | $97.51M ▼ | $50.98M ▼ | $-2.36M ▼ | -2.42% ▼ | $-0.13 ▼ | $13.52M ▼ |
| Q3-2024 | $110.66M | $59.42M | $14.62M | 13.21% | $0.79 | $16.27M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $90.24M ▲ | $220.67M ▲ | $325.69M ▼ | $-105.02M ▲ |
| Q2-2025 | $65.97M ▼ | $210.18M ▲ | $339.61M ▲ | $-129.43M ▼ |
| Q1-2025 | $139.08M ▲ | $0 ▼ | $101.53M ▼ | $-101.53M |
| Q4-2024 | $134.81M ▲ | $272.2M ▼ | $373.73M ▼ | $-101.53M ▲ |
| Q3-2024 | $116.71M | $283.39M | $386.49M | $-103.1M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $24.12M ▲ | $14.92M ▲ | $12.94M ▲ | $60.76M ▲ | $-41.55M ▼ | $14.68M ▲ |
| Q2-2025 | $16.63M ▲ | $-1.88M | $-5.66M | $-28.19M | $0 ▲ | $-1.98M |
| Q1-2025 | $15.45M ▲ | $-1.88M ▼ | $-5.66M ▼ | $-28.19M ▼ | $-111.05M ▼ | $-1.98M ▼ |
| Q4-2024 | $-2.36M ▼ | $4.9M ▼ | $20.89M ▼ | $-159K ▲ | $24.48M ▼ | $4.84M ▼ |
| Q3-2024 | $14.62M | $11.93M | $24.28M | $-1.07M | $35.81M | $11.79M |

CEO
Anton Reinhold
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+

