Gdev (GDEV) Operating Expenses (2020 - 2026)
Gdev (GDEV) posted quarterly Operating Expenses of -$47.0 million for Q1 2026, up 6.0% year-on-year from -$44.3 million in Q1 2025, and down 6.82% on a QoQ basis 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.
- Quarterly Operating Expenses rose 6.0% year-over-year to -$47.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$230.3 million (up 9.56% YoY) and the FY2025 annual result came in at -$124.4 million, up 29.88% from the prior year.
- Operating Expenses eased to -$47.0 million in Q1 2026 per GDEV's latest filing, from -$44.0 million in the prior quarter.
- Over the last five years, Operating Expenses for GDEV reached as high as -$7.0 million in Q2 2022 and fell as low as -$257.0 million in Q4 2023.
- A 5-year average of -$71.2 million and a median of -$57.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 94.4% — and 2023, when it tumbled 1329.7%.
- Year by year, Operating Expenses stood at -$36.0 million in 2022, then slumped by 613.89% to -$257.0 million in 2023, then jumped by 78.6% to -$55.0 million in 2024, then climbed by 20.0% to -$44.0 million in 2025, then decreased by 6.82% to -$47.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$47.0 million, -$44.0 million, and -$38.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.46 Bn | 49.60 Bn | 1.76 Bn | 1.19 Bn |
| 2 | Take Two Interactive Software | 48.15 Bn | 47.69 Bn | 938.70 Mn | 927.80 Mn |
| 3 | Roblox | 33.85 Bn | 30.63 Bn | 1.15 Bn | 1.74 Bn |
| 4 | Gdev | 2.31 Bn | 2.31 Bn | 85.00 Mn | -47.00 Mn |
| 5 | NetEase | 2.16 Bn | -7,331,731.34 Bn | 3.06 Bn | -1.24 Bn |
| 6 | Playtika Holding | 1.35 Bn | 575.11 Mn | 552.50 Mn | 794.30 Mn |
| 7 | Gravity | 418.32 Mn | 418.18 Mn | 35,341.61 | 14,247.76 |
| 8 | Meridian Holdings | 152.70 Mn | 138.17 Mn | 28.14 Mn | 24.99 Mn |
| 9 | Firy | 128.08 Mn | -57.32 Mn | 25.51 Mn | 37.86 Mn |
| 10 | CTW Cayman | 118.94 Mn | 99.19 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 |