Snail, Inc.SNALEarnings & Financial Report
Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....
Revenue
$21.6M
Gross Profit
$8.1M
Operating Profit
$2.7M
Net Profit
$2.3M
Gross Margin
37.5%
Operating Margin
12.4%
Net Margin
10.4%
YoY Growth
118.4%
EPS
$0.06
Snail, Inc. Q2 FY2024 Financial Summary
Snail, Inc. reported revenue of $21.6M (up 118.4% YoY) for Q2 FY2024, with a net profit of $2.3M (up 155.3% YoY) (10.4% margin). Cost of goods sold was $13.5M, operating expenses totaled $5.4M.
Key Financial Metrics
| Total Revenue | $21.6M |
|---|---|
| Net Profit | $2.3M |
| Gross Margin | 37.5% |
| Operating Margin | 12.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Snail, Inc. Q2 FY2024 revenue of $21.6M breaks down across 3 segments, led by Pc at $11.8M (54.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Pc | $11.8M | 54.7% |
| Console | $8.3M | 38.6% |
| Sales Channel Directly To Consumer Mobile Sale | $1.1M | 5.2% |
Snail, Inc. Revenue by Segment — Quarterly Trend
Snail, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Pc and Console) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Pc | $14.7M | — | — | — |
| Console | — | — | — | $8.3M |
| Sales Channel Directly To Consumer Mobile Sale | $1.6M | — | $2.0M | $2.3M |
Snail, Inc. Annual Revenue by Year
Snail, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $81.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $81.2M |
| 2024 | $84.5M |
| 2023 | $60.9M |
Snail, Inc. Quarterly Revenue & Net Profit History
Snail, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $25.1M | -4.2% | $-862.2K | -3.4% |
| Q3 FY2025 | $13.8M | -38.7% | $-7.9M | -56.9% |
| Q2 FY2025 | $22.2M | +2.7% | $-16.6M | -74.7% |
| Q1 FY2025 | $20.1M | +42.5% | $-1.9M | -9.7% |
| Q4 FY2024 | $26.2M | -8.2% | $1.1M | 4.3% |
| Q3 FY2024 | $22.5M | +150.9% | $235.1K | 1.0% |
| Q2 FY2024 | $21.6M | +118.4% | $2.3M | 10.4% |
| Q1 FY2024 | $14.1M | +4.9% | $-1.8M | -12.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.1M | $21.6M | $22.5M | $26.2M | $20.1M | $22.2M | $13.8M | $25.1M |
| YoY Growth | 4.9% | 118.4% | 150.9% | -8.2% | 42.5% | 2.7% | -38.7% | -4.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $78.3M | $75.4M | $66.8M | $62.2M | $64.5M | $58.0M | $51.1M | $59.3M |
| Liabilities | $78.2M | $73.0M | $64.1M | $58.0M | $60.9M | $71.4M | $72.1M | $81.2M |
| Equity | $5.6M | $7.9M | $8.2M | $9.7M | $9.1M | $-8.0M | $-15.6M | $-16.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.8M | $206561 | $-5.0M | $-3.6M | $764549 | $-3.2M | $6.6M | $-5.3M |