Gdev (GDEV) Operating Expenses (2020 - 2026)
Gdev (GDEV) posted quarterly Operating Expenses of -$47.0 million for Q1 2026, up 6.0% year-over-year from -$44.3 million in Q1 2025, and down 6.82% quarter-over-quarter from -$44.0 million in Q4 2025.
Gdev (GDEV) Operating Expenses (2020 - 2026) Analysis & Trends
Gdev (GDEV) has reported Operating Expenses for 7 consecutive years, with -$47.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 6.0% year-over-year to -$47.0 million; the TTM figure through Mar 2026 stood at -$230.3 million (up 9.56% YoY), while the FY2025 annual figure was -$124.4 million, up 29.88% from the prior year.
- Operating Expenses fell to -$47.0 million in Q1 2026 per GDEV's latest filing, from -$44.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$7.0 million in Q2 2022 and bottomed at -$257.0 million in Q4 2023.
- Historically, Operating Expenses has averaged -$71.2 million across 5 years, with a median of -$57.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 94.4% — and 2023, when it tumbled 1329.7%.
- Gdev's Operating Expenses stood at -$36.0 million in 2022, then sank by 613.89% to -$257.0 million in 2023, then jumped by 78.6% to -$55.0 million in 2024, then rose by 20.0% to -$44.0 million in 2025, then declined by 6.82% to -$47.0 million in 2026.
- Business Quant data shows GDEV's Operating Expenses at -$47.0 million in Q1 2026, -$44.0 million in Q4 2025, and -$38.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 76.41 Bn | -13,107,909.00 Bn | 3.06 Bn | -1.24 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 1.20 Bn |
| 3 | Take Two Interactive Software | 44.66 Bn | 42.84 Bn | 882.50 Mn | 918.00 Mn |
| 4 | Roblox | 27.67 Bn | 24.66 Bn | 1.18 Bn | 1.70 Bn |
| 5 | Playtika Holding | 896.31 Mn | 457.81 Mn | 538.20 Mn | 596.50 Mn |
| 6 | DoubleDown Interactive | 632.30 Mn | 177.08 Mn | 71.22 Mn | 57.78 Mn |
| 7 | Gravity | 490.49 Mn | 490.06 Mn | 34,891.11 | 16,505.33 |
| 8 | Sohu.com | 366.49 Mn | -466.48 Mn | 106.58 Mn | 124.88 Mn |
| 9 | Gdev | 202.43 Mn | 202.43 Mn | - | -47.00 Mn |
| 10 | Meridian Holdings | 176.93 Mn | 159.61 Mn | 26.85 Mn | 24.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -47.00 Mn |
| Dec 31, 2025 | -44.00 Mn |
| Sep 30, 2025 | -38.00 Mn |
| Jun 30, 2025 | -101.27 Mn |
| Mar 31, 2025 | -50.00 Mn |
| Dec 31, 2024 | -55.00 Mn |
| Sep 30, 2024 | -59.00 Mn |
| Jun 30, 2024 | -90.61 Mn |
| Mar 31, 2024 | -71.00 Mn |
| Dec 31, 2023 | -257.00 Mn |
| Aug 28, 2023 | -15.00 Mn |
| Jun 30, 2023 | -100.08 Mn |
| Mar 31, 2023 | -86.00 Mn |
| Dec 31, 2022 | -36.00 Mn |
| Sep 30, 2022 | -82.14 Mn |
| Jun 30, 2022 | -7.00 Mn |
| Dec 31, 2021 | -23.00 Mn |
| Sep 30, 2021 | -226.46 Mn |
| Jun 30, 2021 | -125.07 Mn |
| Mar 31, 2021 | -95.95 Mn |