Motorsport Games Q2 revenue rises on subscription strength

Overview

• US racing game developer's Q2 revenue grew to $3.5 mln from $2.6 mln yr/yr

• Gross profit margin for H1 2026 increased to 84.7% from 78.8% yr/yr

• Company repurchased shares, eliminating super-voting rights and simplifying capital structure

Outlook

• Company did not provide specific guidance for future quarters or the full year

Result Drivers

• RACECONTROL SUBSCRIPTIONS - RaceControl platform subscription revenue grew sharply, reaching $1.4 mln for H1 2026, up from $0.3 mln a year earlier, with paid subscribers rising over 230% yr/yr

• LE MANS ULTIMATE SALES - Continued sales of Le Mans Ultimate base game and DLC, with over 500,000 units and 1.2 mln DLC sold since launch, contributed to revenue growth

• GROSS MARGIN EXPANSION - Gross profit margin increased to 84.7% for H1 2026 from 78.8% a year earlier, reflecting improved operational efficiency

Company press release: ID:nGNX3BDPkQ

Key Details

Analyst Coverage

• Wall Street's median 12-month price target for Motorsport Games Inc is $9.00, about 100.9% above its August 13 closing price of $4.48

Reuters Recommended Reads

• Aug 11 - Snail Q2 revenue falls on lower ARK franchise sales

• Aug 11 - South Korea's DoubleDown Q2 revenue beats estimates, helped by WHOW Games contribution

• Aug 12 - Cyngn Q2 revenue rises sharply on software subscriptions

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.)