Swedish videogame maker Starbreeze's Q1 net sales fall

Starbreeze AB

12/05/2026 05:56

Overview

Sweden-based video game developer's Q1 net sales fell sharply yr/yr

Starbreeze plans PAYDAY franchise expansion with VICE Studios and a new VR game

Outlook

Company expects cost efficiency measures to show full effect from third quarter 2026

Result Drivers

TOUGH COMPARISON - Co said revenue was lower yr/yr due to strong prior-year sales from PAYDAY 3's PlayStation Plus launch

PAYDAY 3 SALES DROP - PAYDAY 3 revenue declined sharply yr/yr, with co citing ongoing updates and improvements to the game

COST EFFICIENCY MEASURES - Co said it continued efforts to reduce expenses and improve cash flow, with full effect expected from Q3

Company press release: ID:nMFNbQhgws

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Miss
SEK 26.60 mln
SEK 33 mln (2 Analysts)
Q1 Pretax Profit
-SEK 56.30 mln


Analyst Coverage

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

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

Wall Street's median 12-month price target for Starbreeze AB is SEK0.14, about 5% above its May 11 closing price of SEK0.13

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.)