Gdev (GDEV) Gross Margin (2020 - 2026)
Gdev (GDEV) posted quarterly Gross Margin of 85.86% for Q1 2026, up 29.0% year-on-year from 66.56% in Q1 2025, and up 3.03% on a QoQ basis from 83.33% in Q4 2025.
Gdev (GDEV) Gross Margin (2020 - 2026) Analysis & Trends
Gdev (GDEV) has reported Gross Margin for 7 consecutive years, with 85.86% the latest figure, recorded in Q1 2026.
- Quarterly Gross Margin rose 29.0% year-over-year to 85.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 85.94% (down 134.0% YoY) and the FY2025 annual result came in at 85.97%, down 197.0% from the prior year.
- Gross Margin advanced to 85.86% in Q1 2026 per GDEV's latest filing, from 83.33% in the prior quarter.
- Over the last five years, Gross Margin for GDEV reached as high as 91.98% in Q3 2022 and fell as low as 83.33% in Q4 2025.
- A 5-year average of 87.71% and a median of 88.0% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 720 bps — and 2023, when it slumped 747 bps.
- Year by year, Gross Margin stood at 91.7% in 2022, then dropped by 8 bps to 84.23% in 2023, then increased by 3 bps to 86.73% in 2024, then retreated by 4 bps to 83.33% in 2025, then grew by 3 bps to 85.86% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 85.86%, 83.33%, and 85.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.46 Bn | 49.60 Bn | 1.76 Bn | 82.83% |
| 2 | Take Two Interactive Software | 48.15 Bn | 47.69 Bn | 938.70 Mn | 55.88% |
| 3 | Roblox | 33.85 Bn | 30.63 Bn | 1.15 Bn | 79.61% |
| 4 | Gdev | 2.31 Bn | 2.31 Bn | 85.00 Mn | 85.86% |
| 5 | NetEase | 2.16 Bn | -7,331,731.34 Bn | 3.06 Bn | 69.36% |
| 6 | Playtika Holding | 1.35 Bn | 575.11 Mn | 552.50 Mn | 74.19% |
| 7 | Gravity | 418.32 Mn | 418.18 Mn | 35,341.61 | 31.91% |
| 8 | Meridian Holdings | 152.70 Mn | 138.17 Mn | 28.14 Mn | 56.17% |
| 9 | Firy | 128.08 Mn | -57.32 Mn | 25.51 Mn | 87.64% |
| 10 | CTW Cayman | 118.94 Mn | 99.19 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.86% |
| Dec 31, 2025 | 83.33% |
| Sep 30, 2025 | 85.71% |
| Jun 30, 2025 | 88.14% |
| Mar 31, 2025 | 85.57% |
| Dec 31, 2024 | 86.73% |
| Sep 30, 2024 | 88.29% |
| Jun 30, 2024 | 88.29% |
| Mar 31, 2024 | 87.85% |
| Dec 31, 2023 | 84.23% |
| Aug 28, 2023 | 88.46% |
| Jun 30, 2023 | 87.62% |
| Mar 31, 2023 | 88.24% |
| Dec 31, 2022 | 91.70% |
| Sep 30, 2022 | 91.98% |
| Jun 30, 2022 | 91.34% |
| Dec 31, 2021 | 84.50% |
| Sep 30, 2021 | 98.48% |
| Jun 30, 2021 | 98.57% |
| Mar 31, 2021 | 95.46% |