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NASDAQ · Technology

GDEV Inc. (GDEV)

GDEV Inc. reported revenue of $404.3M in fiscal 2025, down 3.9% from a year earlier. Net income was $69.3M, a net margin of 17.1%. Operating cash flow minus capital spending left $29.1M of free cash flow in fiscal 2025. At December 31, 2025 it held $62.9M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 31, 2026.

Revenue (FY2025)
$404.3M
-3.9% year on year
Net margin
17.1%

What GDEV Inc. does

GDEV Inc. is registered with the SEC under industry code SIC 7371 (Services-Computer Programming Services). Its shares trade on NASDAQ under the ticker GDEV.

Revenue and profit by year

Revenue
FY19: $93.8M $93.8M FY19FY21: $260.9M $260.9M FY21FY21: $434.1M $434.1M FY21FY22: $479.7M $479.7M FY22FY23: $464.5M $464.5M FY23FY24: $420.9M $420.9M FY24FY25: $404.3M $404.3M FY25
Net income
FY19: -$35.5M -$35.5M FY19FY21: -$751K -$751K FY21FY21: -$117.5M -$117.5M FY21FY22: $7.3M $7.3M FY22FY23: $46.1M $46.1M FY23FY24: $25.5M $25.5M FY24FY25: $69.3M $69.3M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$404.3M$71.1M$69.3M$3.77$29.1M
2024$420.9M$40.5M$25.5M$1.38$28.2M
2023$464.5M$38.4M$46.1M$2.30$17.2M
2022$479.7M$18.8M$7.3M$0.37$115.1M
2021$434.1M-$123.3M-$117.5M-$5.92$104.4M
2021$260.9M-$1.7M-$751K$0.00$120.5M

Latest SEC filings

What GDEV Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 31, 2026
    Form SC TO-I filing SC TO-I
  2. August 28, 2026
    Foreign issuer update 6-K
  3. August 25, 2026
    Delisting notice 25-NSE
  4. August 21, 2026
    Foreign issuer update 6-K
  5. August 18, 2026
    Foreign issuer update (amended) 6-K/A
  6. July 29, 2026
    Securities offering prospectus 424B3
  7. July 22, 2026
    Foreign issuer update 6-K
  8. July 10, 2026
    Foreign issuer update 6-K
  9. May 19, 2026
    Foreign issuer update 6-K
  10. March 31, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 24, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about GDEV

What does GDEV Inc. do?

GDEV Inc. is registered with the SEC under industry code SIC 7371 (Services-Computer Programming Services). Its shares trade on NASDAQ under the ticker GDEV.

Is GDEV Inc. profitable?

Yes. In fiscal 2025 it reported net income of $69.3M on revenue of $404.3M, a net margin of 17.1%.

How much revenue does GDEV Inc. make?

In fiscal 2025 GDEV Inc. reported revenue of $404.3M. That is 3.9% less than a year earlier.

When did GDEV Inc. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 31, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the form SC TO-I filing from August 31, 2026.

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Where the numbers come from

Financial figures are the values GDEV Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.