Welcome to our dedicated page for GDEV news (Ticker: GDEV), a resource for investors and traders seeking the latest updates and insights on GDEV stock.
GDEV Inc. reports developments across its gaming and entertainment holding company, including financial results, operating metrics and portfolio-studio activity. The company develops and grows game franchises across mobile, browser and PC platforms through studios that include Nexters, Cubic Games, Royal Ark and Light Hour Games.
Recurring GDEV news covers revenue from in-game purchases and advertising bookings, platform commissions, game operation costs, selling and marketing spending, user acquisition strategy and PC distribution. Company updates also address studio acquisitions and ownership changes, game launches and performance within casual and idle genres, leadership changes, ordinary-share ownership and governance matters.
GDEV (NASDAQ: GDEV) launched a self tender offer to purchase for cash up to $20,000,000 of its ordinary shares, or up to 1,813,236 shares, at a fixed price of $11.03 per share, equal to the trailing 10‑day volume‑weighted average price before August 28, 2026. The offer is net in cash to sellers, less applicable withholding taxes, and will be funded from cash and cash equivalents.
The tender offer, including withdrawal rights, is scheduled to expire at 5:00 p.m. ET on September 28, 2026, unless extended. According to GDEV, the board views the offer as a prudent use of capital and a way to return cash to shareholders seeking liquidity while others may retain a larger interest in the company’s future. Shares purchased will be held as treasury shares. If more than 1,813,236 shares are validly tendered and not withdrawn, tenders may be subject to proration. GDEV has appointed D.F. King & Co. as information agent and Continental Stock Transfer & Trust as depositary, and makes no recommendation on whether shareholders should tender.
GDEV (NASDAQ: GDEV) reported unaudited results for Q2 and H1 2026. Q2 2026 revenue was $94 million, down 22% year-over-year, mainly due to lower bookings of $73 million (down 21%). Selling and marketing expenses fell 38% to $33 million, reflecting a more selective, value-focused user acquisition strategy.
Q2 profit, net of tax, rose to $20 million from $17 million, while Adjusted EBITDA declined to $20 million from $22 million. Operating cash flow improved to a positive $10 million from negative $10 million. For H1 2026, revenue decreased 11% to $193 million, profit increased to $37 million, and Adjusted EBITDA edged up to $39 million. On August 13, 2026, GDEV agreed to sell mobile game “Island Hoppers” for up to $5.0 million, triggering accelerated recognition of $2.1 million in deferred revenue.
GDEV (NASDAQ:GDEV) reported Q1 2026 revenue of $99 million, up 2% year-over-year, driven mainly by higher in-app purchases. Profit net of tax rose to $17 million, with Adjusted EBITDA increasing to $18 million.
Selling and marketing expenses fell 13% to $37 million, while general and administrative costs grew 23% to $10 million, mainly from higher legal expenses. Operating cash flow was $4 million, compared with $6 million a year earlier.
Bookings reached $83 million (+2%), with ABPPU up 8% and MPU down 5%. Mobile platforms accounted for 64% of bookings versus 59% in Q1 2025.
GDEV (Nasdaq: GDEV) announced that CEO and chairman Andrey Fadeev purchased 2,730,384 ordinary shares from co‑founder Boris Gertsovskiy in a private transaction.
After the purchase, Mr. Fadeev beneficially owns 6,709,391 shares, representing 37.0% of issued and outstanding shares as of December 31, 2025. Mr. Gertsovskiy fully divested his remaining holdings and held no company position at the time. The purchase was made personally; the company was not a party to the transaction.
GDEV (NASDAQ: GDEV) reported preliminary, unaudited results for Q4 and FY2025. Q4 revenue was $90M (down 8% YoY); 12M revenue was $404M (down 4% YoY). Adjusted EBITDA rose to $15M in Q4 and $79M for FY2025. Bookings fell to $88M in Q4 and $351M for 12 months. Cash flow from operations was $18M in Q4 and $29M for the year. Figures are preliminary and unaudited; audited 20-F to follow.
GDEV (NASDAQ: GDEV) reported Q3 2025 results: revenue $98M (-12% YoY), profit $24M (+66% YoY) and Adjusted EBITDA $26M (+50% YoY). Selling and marketing spending fell to $30M (-43% YoY), reflecting a shift to more efficient user acquisition.
Operational metrics: bookings $90M (-4% YoY), monthly paying users 263k (-16% YoY), and ABPPU $107 (+16% YoY). Platform mix moved slightly toward PC (41% vs 38%).
Nine-month highlights include 9M revenue $315M (-3% YoY) and Adjusted EBITDA $64M (+93% YoY). Cash flow from operations was positive $15M in Q3 2025.
GDEV (NASDAQ: GDEV) reported strong Q2 2025 financial results with revenue reaching $120 million, up 13% year-over-year. The company achieved a net profit of $17 million, increasing from $15 million in Q2 2024, while Adjusted EBITDA grew to $22 million, up from $17 million.
Key operational metrics showed mixed results, with bookings declining 14% to $92 million in Q2 2025. Monthly paying users (MPU) decreased by 18% to 312,000, though average bookings per paying user (ABPPU) improved by 5% to $93. The company maintains a strong cash position of $932 million for potential strategic investments.
Geographic distribution remained stable with the US representing 34% of bookings, Europe 32%, Asia 19%, and other regions 15%. Mobile platform share increased to 63% of bookings in Q2 2025, up from 58% in Q2 2024.
GDEV Inc. (NASDAQ:GDEV) has increased its ownership stake in portfolio studio Royal Ark to 57% through a conversion option exercise. The partnership, which began in 2022, has proven successful with Royal Ark's game Idle Zombie Miner achieving significant milestones, including 17 million installs and reaching the #1 position in the Clicker/Idle genre.
The game generated approximately $23 million in revenue in H1 2025. Royal Ark's founder, Leonid Sirotin, maintains management control while benefiting from GDEV's strategic oversight and operational expertise. The new agreement supersedes all previous arrangements between the parties.
GDEV (NASDAQ:GDEV) has announced the acquisition of Light Hour Games, a Cyprus-based mobile gaming studio specializing in AI-driven casual game development. The acquired studio consists of a 15-person team led by industry veterans Konstantin Mitrofanov and Ilya Nikitin.
The strategic acquisition will provide Light Hour Games with continued creative autonomy and potential upside through revenue sharing, while gaining access to GDEV's knowledge and data platforms. The studio's expertise in AI-first workflows enables rapid game development iteration while maintaining high-quality standards.
Light Hour Games will maintain its operational independence while leveraging GDEV's resources to expand its casual gaming portfolio. The integration aims to combine Light Hour's lean structure and AI-driven toolset with GDEV's strategic capabilities in the mobile gaming market.