Motorsport Games Q2 revenue rises on subscription strength

Motorsport Games

14/08/2026 21:23

Overview
US racing game developer's Q2 revenue grew to $3.5 mln from $2.6 mln yr/yr
Gross profit margin for H1 2026 increased to 84.7% from 78.8% yr/yr
Company repurchased shares, eliminating super-voting rights and simplifying capital structure

Outlook
Company did not provide specific guidance for future quarters or the full year

Result Drivers
RACECONTROL SUBSCRIPTIONS - RaceControl platform subscription revenue grew sharply, reaching $1.4 mln for H1 2026, up from $0.3 mln a year earlier, with paid subscribers rising over 230% yr/yr
LE MANS ULTIMATE SALES - Continued sales of Le Mans Ultimate base game and DLC, with over 500,000 units and 1.2 mln DLC sold since launch, contributed to revenue growth
GROSS MARGIN EXPANSION - Gross profit margin increased to 84.7% for H1 2026 from 78.8% a year earlier, reflecting improved operational efficiency

Company press release: ID:nGNX3BDPkQ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$3.50 mln
$2.90 mln (1 Analyst)
Q2 Net Income
 
$243,199
 
Q2 Adjusted EBITDA
 
$759,459
 
Q2 Gross Profit
 
$2.90 mln
 

Analyst Coverage
Wall Street's median 12-month price target for Motorsport Games Inc is $9.00, about 100.9% above its August 13 closing price of $4.48

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)