Sweden's Paradox Interactive Q3 revenue beats estimates on game catalogue sales

Paradox Interactive AB (publ)

29/10/2026 07:09

Overview
Sweden strategy game developer's Q3 revenue rose 15% yr/yr, beating analyst expectations
Adjusted EPS for Q3 increased to SEK 1.21 from SEK 0.88
Company repurchased 1.2 mln shares for SEK 178 mln

Outlook
Company expects catalogue sales to remain important in periods with fewer new releases
Paradox Interactive plans to launch Afterworld and LEGO Skylines in coming periods

Result Drivers
CATALOGUE SALES - Co said Q3 revenue was mainly driven by sales from its wider game catalogue, including Age of Wonders 4, Cities: Skylines, Crusader Kings III, and others
NEW RELEASE - Transport Fever 3 launch contributed to Q3 revenue, per company
SEASONAL PROMOTION - Steam Summer Sale drove sales across much of the game catalogue

Company press release: ID:nWkr1FnFS2

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
SEK 456 mln
SEK 437.14 mln (5 Analysts)
Q3 Adjusted EPS
 
SEK 1.21
 
Q3 Net Income
 
SEK 127 mln
 
Q3 Adjusted Free Cash Flow
 
SEK 197 mln
 
Q3 EBIT
 
SEK 142 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "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 18.8% above its October 28 closing price of SEK134.70
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)