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Qiiwi Games
Qiiwi Games (QIIWI) investor relations material
Qiiwi Games Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary13 May, 2026
Executive summary
Revenue for Q1 2026 was 3,047 TSEK, down from 4,899 TSEK year-over-year, mainly due to lower income from older games.
EBITDA improved to -429 TSEK from -1,568 TSEK, reflecting cost savings implemented in 2025.
Wordington Solitaire, a new game based on the company’s strongest IP, showed strong early performance and became the top revenue generator post-period.
Strategic focus shifted to optimizing and scaling Wordington Solitaire, with increased marketing investments planned for Q2.
Financial highlights
EBIT for Q1 2026 was -797 TSEK, an improvement from -2,539 TSEK year-over-year.
Net result after tax was -755 TSEK, compared to -2,691 TSEK in Q1 2025.
Earnings per share were -0.08 SEK, up from -0.29 SEK year-over-year.
Marketing spend was 0.8 MSEK, down 65% from 2.3 MSEK in Q1 2025.
Cash and short-term investments totaled 13.8 MSEK at period end.
Outlook and guidance
Break-even is targeted for Q2 2026, contingent on the scalability of Wordington Solitaire.
Marketing investments are expected to rise in Q2 as Wordington Solitaire is globally soft-launched.
Continued focus on disciplined marketing and AI-driven operational scalability.
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Latest events from Qiiwi Games
- Q4 2025 delivered revenue growth, near break-even, and strong product momentum.QIIWI
Investor update16 Mar 2026 - Sequential revenue growth and cost savings drive improved EBITDA as break-even nears.QIIWIQ4 202523 Feb 2026
- Backpacker® Go! drove sequential revenue growth and record conversion rates, offsetting declines.QIIWIQ3 202519 Nov 2025
- Revenue fell but EBITDA and ARPDAU improved as cost cuts and AI integration target profitability.QIIWIQ2 202521 Aug 2025
- Qiiwi Games saw sharply lower revenue but improved margins, with Backpacker® Go! set for global launch.QIIWIQ3 202413 Jun 2025
- Qiiwi Games grew Q2 revenue 8% year-over-year and improved operating losses.QIIWIQ2 202413 Jun 2025
- Losses narrowed and ARPDAU hit a record as revenue rose sequentially but scaling hurdles remain.QIIWIQ1 20256 Jun 2025
- Positive EBITDA and net profit in Q4 2024, led by Backpacker® Go! and cost optimization.QIIWIQ4 20245 Jun 2025
Next Qiiwi Games earnings date
Q2 202620 Aug, 2026
Qiiwi Games
Next Qiiwi Games earnings date
Q2 202620 Aug, 2026
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