Gdev (GDEV) Gross Margin (2020 - 2026)
Gdev (GDEV) posted quarterly Gross Margin of 85.86% for Q1 2026, up 29.0% year-over-year from 66.56% in Q1 2025, and up 3.03% quarter-over-quarter 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.
- In Q1 2026, Gross Margin rose 29.0% year-over-year to 85.86%; the TTM figure through Mar 2026 stood at 85.94% (down 134.0% YoY), while the FY2025 annual figure was 85.97%, down 197.0% from the prior year.
- Gross Margin improved to 85.86% in Q1 2026 per GDEV's latest filing, from 83.33% in the prior quarter.
- Across five years, Gross Margin topped out at 91.98% in Q3 2022 and bottomed at 83.33% in Q4 2025.
- Historically, Gross Margin has averaged 87.71% across 5 years, with a median of 88.0% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin soared 720 bps — and 2023, when it slumped 747 bps.
- Gdev's Gross Margin stood at 91.7% in 2022, then retreated by 8 bps to 84.23% in 2023, then advanced by 3 bps to 86.73% in 2024, then dropped by 4 bps to 83.33% in 2025, then gained by 3 bps to 85.86% in 2026.
- Business Quant data shows GDEV's Gross Margin at 85.86% in Q1 2026, 83.33% in Q4 2025, and 85.71% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 76.41 Bn | -13,107,909.00 Bn | 3.06 Bn | 69.36% |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 86.20% |
| 3 | Take Two Interactive Software | 44.66 Bn | 42.84 Bn | 882.50 Mn | 57.53% |
| 4 | Roblox | 27.67 Bn | 24.66 Bn | 1.18 Bn | 80.12% |
| 5 | Playtika Holding | 896.31 Mn | 457.81 Mn | 538.20 Mn | 73.62% |
| 6 | DoubleDown Interactive | 632.30 Mn | 177.08 Mn | 71.22 Mn | 75.54% |
| 7 | Gravity | 490.49 Mn | 490.06 Mn | 34,891.11 | 32.33% |
| 8 | Sohu.com | 366.49 Mn | -466.48 Mn | 106.58 Mn | 78.64% |
| 9 | Gdev | 202.43 Mn | 202.43 Mn | - | - |
| 10 | Meridian Holdings | 176.93 Mn | 159.61 Mn | 26.85 Mn | 53.50% |
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% |