9th Apr 2026 11:46
(Alliance News) - Devolver Digital Inc on Thursday forecast further sales and earnings growth, backed by a healthy-looking release schedule.
The Austin, Texas-based video game publisher said its pretax loss narrowed to USD2.6 million in 2025 from USD6.7 million the year prior, on revenue up 3.0% to USD107.9 million from USD104.8 million.
Adjusted earnings before interest, taxes, depreciation and amortisation before performance-related impairments grew 19% to USD11.4 million from US9.6 million.
Including impairments, adjusted Ebitda jumped 39% to USD7.1 million from USD5.1 million.
Shore Capital analyst Katie Cousins had forecast revenue of USD108.2 million and adjusted Ebitda of USD7.3 million.
Shares in Devolver Digital were trading flat at 22.00 pence each in London on Thursday.
The firm reported a positive start to 2026 with 'Quarantine Zone: The Last Check' performing strongly in the weeks after release and three titles in the Steam Global Best Sellers Top 10 list, "a Devolver first."
Fifteen new titles were released in 2025. The pipeline for 2026 includes "at least" 13 further new titles, part of 30 planned for the next three years.
Continued revenue and adjusted Ebitda growth are forecast in 2026. Devolver expects adjusted Ebitda to be significantly first-half-weighted due to the pace of scheduled game releases, the Devolver publisher sale on Steam, and the timing of platform deal recognition.
"We are excited about the opportunities for continued progress in the year ahead," said Chief Executive Harry Miller.
By Jeremy Cutler, Alliance News reporter
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