GDEV (GDEV)
Builds and develops game franchises across mobile, web, and Steam.
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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
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
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
HistoryDividendAnnual yield
| Insiders | 59.63% | 10.82M shares | |
|---|---|---|---|
| 5 holders · as of Aug 24, 2026 | |||
| Other | 40.37% | 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
| Holder | Stake | Shares | Date |
|---|---|---|---|
Andrey FadeevInsiderdirector, officer: Chief Executive Officer | 36.97% | 6.71M | filed Mar 18, 2026 |
Igor BukhmanInsiderdirector | 20.50% | 3.72M | filed Mar 18, 2026 |
Anton ReingoldInsiderofficer: See Remarks | 2.11% | 383,518 | filed Aug 24, 2026 |
Andrew Jeremy SheppardInsiderdirector | 0.05% | 8,418 | filed Aug 12, 2026 |
Alexander KaravaevInsiderofficer: Chief Financial Officer | 0.01% | 1,650 | filed Mar 18, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 3, 2026 | Marie Juliette France Holive | director | −10,654 | $13.45 |
- Gravity (ADR)
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- NetEase (ADR)
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- Playtika
Casual mobile-game engagement and monetization overlap
- Roblox
Mobile and PC playtime competes through shared gaming experiences
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| GDEV | $11.27 | −1.66% | $208.0M | 2.8 | — | 0.5 | −21.9% |
| Gravity (ADR) | $68.92 | −0.99% | $483.7M | 11.0 | — | 1.4 | −15.5% |
| NetEase (ADR) | $118.65 | +1.00% | $75.00B | 15.7 | 15.0 | 4.3 | +13.9% |
| Playtika | $2.31 | −0.11% | $878.7M | — | 3.6 | 0.3 | +5.0% |
| Roblox | $50.06 | −2.32% | $36.61B | — | — | 6.4 | +44.1% |
| Median | 13.3 | 9.3 | 2.9 | +9.5% |






