GDEV · NASDAQ · Electronic Gaming & Multimedia

GDEV (GDEV)

Builds and develops game franchises across mobile, web, and Steam.

$11.27
vs last close−0.19 (−1.66%)
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GDEV Inc.GDEV
Communication Services

Operates game studios and franchises, including Hero Wars and Pixel Gun 3D. The holding-company model brings together studios developing games across mobile, web, and Steam.

Operates as a gaming and entertainment holding company built from the Nexters studio lineage and the Hero Wars franchise. Its current portfolio includes Nexters, Cubic Games, Royal Ark, Game Gears, and Light Hour Games, with titles such as Hero Wars, Pixel Gun 3D, and Island Hoppers.

Games reach players across mobile, web, and Steam, while the group develops franchise IP across genres and platforms. Recent portfolio expansion includes Light Hour Games and a majority interest in Royal Ark. Founder Andrey Fadeev currently serves as both chief executive and board chair.

Company facts

CEOAndrey Fadeev
ListedAug 27, 2021
ExchangeNASDAQ
HeadquartersLimassol, Cyprus
CountryCyprus
Employees475
CIK0001848739
ISINVGG6529J2092

Market cap$208.0M
EPS (ttm)$4.11
P/E (ttm)2.79
ROE
P/B
P/S0.5472
Dividend yieldDiv yield28.88%
Beta0.25vs XLC −0.32

No analyst consensus on record.

Next report
Nov 13, 26
in 52 days
EPS estimate
$1.33
Revenue estimate
$109.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Sep '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.11$0.77$0.90$1.32$0.65$0.67$1.08Pending
Estimate$0.64$0.18$0.26$0.42$0.80$0.67$1.08$1.33
Surprise−117.2%+327.8%+246.2%+214.3%−18.8%0.0%0.0%

RevenueReportedEstimate

Mar '25May '25Sep '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$97.5M$97.0M$119.9M$97.6M$90.0M$92.0M$93.6MPending
Estimate$99.9M$90.4M$100.3M$96.5M$95.8M$92.0M$93.6M$109.0M
Surprise−2.4%+7.4%+19.6%+1.1%−6.1%0.0%0.0%
Estimate$1.33
ReportedDue Nov 13, 2026
Estimate$109.0M
ReportedDue Nov 13, 2026
View details

Current ratio74.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$110.7M$97.5M$97.0M$119.9M$97.6M$90.0M$99.0M$93.6M
Net income$14.6M−$2.4M$14.3M$16.6M$24.1M$14.0M$17.0M$19.9M
Net margin13.2%0.0%14.7%13.9%24.7%15.6%17.2%21.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$14.6M$12.7M$13.1M$18.6M$24.9M$13.0M$18.0M$20.3M
YoY growth−49.4%+50.5%Turned profit+22.5%+69.9%+2.1%+37.3%+9.1%

Balance sheet, Jun 30, 2026Cash & short-term investments $121.5M · Total debt $1.7M · Total assets $240.3M · Shareholders' equity −$51.7M

Revenue
$93.6M
Operating income
$20.3M
Net income
$19.9M
View details

Dividend yield
28.88%
Next ex-date
Mar 12, 27
estimated · in 171 days
Annual dividend
$3.31
per share
Schedule
Annual
one payment a year

HistoryDividendAnnual yield

Mar '25
Dividend$3.31
Annual yield21.33%
Ex-dateMar 12
Payment date
View details

Insiders59.63%10.82M shares
5 holders · as of Aug 24, 2026
Other40.37%7.33M shares
remainder

18.15M company shares as of Sep 1, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Andrey FadeevInsiderdirector, officer: Chief Executive Officer
36.97%6.71Mfiled Mar 18, 2026
Igor BukhmanInsiderdirector
20.50%3.72Mfiled Mar 18, 2026
Anton ReingoldInsiderofficer: See Remarks
2.11%383,518filed Aug 24, 2026
Andrew Jeremy SheppardInsiderdirector
0.05%8,418filed Aug 12, 2026
Alexander KaravaevInsiderofficer: Chief Financial Officer
0.01%1,650filed Mar 18, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 3, 2026Marie Juliette France Holivedirector−10,654$13.45
View details

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Compare

CompanyPriceChange
GDEV$11.27−1.66%$208.0M2.80.5−21.9%
Gravity (ADR)$68.92−0.99%$483.7M11.01.4−15.5%
NetEase (ADR)$118.65+1.00%$75.00B15.715.04.3+13.9%
Playtika$2.31−0.11%$878.7M3.60.3+5.0%
Roblox$50.06−2.32%$36.61B6.4+44.1%
Median13.39.32.9+9.5%