Snail misses Q3 revenue expectations, swings to net loss

Snail

12/11/2025 21:20

Overview

Snail Q3 revenue misses analyst expectations

Bookings increased 9.3% yr/yr, driven by ARK franchise sales and promotions

Company advancing stablecoin initiative, aiming for digital payments integration

Outlook

Snail expects to recognize $5.8 mln of deferred revenue in Q4 2025

Snail advancing stablecoin infrastructure and regulatory approvals

Result Drivers

ARK FRANCHISE SALES - Increased sales from ARK: Survival Ascended and ARK: Aquatica contributed to bookings growth

DEFERRED REVENUE IMPACT - Deferred revenue increased by $10.9 mln, affecting current top-line performance but expected to boost future revenue

STABLECOIN INITIATIVE - Snail is progressing in developing stablecoin infrastructure, aiming to integrate digital payments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$13.8 mln
$22 mln (1 Analyst)
Q3 Net Income
-$7.90 mln
Q3 EBITDA
-$9.70 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Snail Inc is $3.50, about 72.5% above its November 11 closing price of $0.96

Press Release: ID:nGNX8gPs0X

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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.)