Sweden's Paradox Interactive Q2 revenue rises 14%, beats estimates

Paradox Interactive AB (publ)

06/08/2026 07:25

Overview
Swedish strategy game developer's Q2 revenue rose 14%, beating analyst expectations
Adjusted EPS for Q2 rose to SEK 1.41 from SEK 1.04
Results driven by catalogue sales and new downloadable content for major franchises

Outlook
Paradox Interactive did not provide specific guidance for the current quarter or full year

Result Drivers
CATALOGUE SALES - Co said Q2 revenue was primarily attributable to sales of established franchises including Age of Wonders 4, Cities: Skylines, Crusader Kings III, Europa Universalis V, Hearts of Iron IV, Stellaris, Vampire: The Masquerade - Bloodlines 2, and Victoria 3
NEW CONTENT RELEASES - Co said new downloadable content for Crusader Kings III, Hearts of Iron IV, Stellaris, Age of Wonders 4, Europa Universalis V, and Vampire: The Masquerade - Bloodlines 2 contributed to results
STEAM SALE - Co held a Publisher Sale on Steam during the period, offering discounts across a large part of its game catalogue

Company press release: ID:nWkr2ZkFjj

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
SEK 524 mln
SEK 505.74 mln (5 Analysts)
Q2 Adjusted EPS
 
SEK 1.41
 
Q2 Net Income
 
SEK 149 mln
 
Q2 Adjusted Free Cash Flow
 
SEK 105 mln
 
Q2 EBIT
 
SEK 182 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Paradox Interactive AB (publ) is SEK160.00, about 9.6% above its August 5 closing price of SEK146.00
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 21 three months ago

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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.)