Gdev (GDEV) Operating Margin (2020 - 2026)
Gdev's (GDEV) quarterly Operating Margin came in at 21.72% in Q2 2026, up 618.0% year-over-year from 3.03% in Q2 2025, and up 39.75% quarter-over-quarter from 15.54% in Q2 2025.
Analysis
Gdev (GDEV) Operating Margin (2020 - 2026) Analysis & Trends
Gdev (GDEV) has reported Operating Margin for 6 consecutive years, with 21.72% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 618.0% year-over-year to 21.72% in Q2 2026; TTM through Jun 2026 was 19.97%, a 342.0% increase from a year earlier, with the FY2025 full-year figure at 17.59%, up 797.0% from the prior year.
- Operating Margin was 21.72% for Q2 2026 at Gdev, up from 15.54% in the prior quarter.
- Over five years, Operating Margin peaked at 34.47% in Q3 2022 and troughed at 29.81% in Q4 2022.
- A 4-year average of 14.38% and a median of 18.63% in 2026 frame the typical range for Operating Margin.
- The widest YoY moves for Operating Margin: up 13118 bps in 2022, down 3861 bps in 2022.
- Over 4 years, Operating Margin stood at 29.81% in 2022, then surged by 108 bps to 2.27% in 2023, then surged by 584 bps to 15.54% in 2025, then soared by 40 bps to 21.72% in 2026.
- The last three Operating Margin figures came in at 21.72% (Q2 2026), 15.54% (Q2 2025), and 2.27% (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 25.83% |
| 2 | Take Two Interactive Software | 40.66 Bn | 38.83 Bn | 882.50 Mn | -2.31% |
| 3 | Roblox | 32.38 Bn | 29.36 Bn | 1.18 Bn | -15.59% |
| 4 | NetEase | 13.75 Bn | 3.61 Bn | 3.13 Bn | 40.16% |
| 5 | The9 | 2.77 Bn | 2.77 Bn | 319,000.00 | -1,883.71% |
| 6 | Playtika Holding | 852.54 Mn | 414.04 Mn | 538.20 Mn | 18.41% |
| 7 | DoubleDown Interactive | 635.77 Mn | 82.01 Mn | 71.22 Mn | 38.72% |
| 8 | Gravity | 499.39 Mn | 498.96 Mn | 34,891.11 | 17.04% |
| 9 | Sohu.com | 380.03 Mn | -452.95 Mn | 133.81 Mn | -13.50% |
| 10 | Gdev | 202.56 Mn | 120.32 Mn | - | 21.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.72% |
| Jun 30, 2025 | 15.54% |
| Dec 31, 2023 | 2.27% |
| Sep 30, 2023 | 23.93% |
| Jun 30, 2023 | 12.87% |
| Dec 31, 2022 | -29.81% |
| Sep 30, 2022 | 34.47% |
| Jun 30, 2022 | 34.04% |
| Dec 31, 2021 | 8.79% |
| Sep 30, 2021 | -96.71% |
| Jun 30, 2021 | -14.16% |
| Mar 31, 2021 | -11.22% |
| Dec 31, 2020 | 6.89% |
| Sep 30, 2020 | -18.06% |
| Jun 30, 2020 | 15.49% |
| Mar 31, 2020 | -8.40% |