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Side-by-side financial comparison of AMERISAFE INC (AMSF) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $80.1M, roughly 1.5× AMERISAFE INC). GDEV Inc. runs the higher net margin — 13.9% vs 10.2%, a 3.7% gap on every dollar of revenue. On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs 10.3%).

AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

AMSF vs GDEV — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.5× larger
GDEV
$119.9M
$80.1M
AMSF
Growing faster (revenue YoY)
GDEV
GDEV
+3.0% gap
GDEV
13.3%
10.3%
AMSF
Higher net margin
GDEV
GDEV
3.7% more per $
GDEV
13.9%
10.2%
AMSF

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
AMSF
AMSF
GDEV
GDEV
Revenue
$80.1M
$119.9M
Net Profit
$8.1M
$16.6M
Gross Margin
Operating Margin
15.5%
Net Margin
10.2%
13.9%
Revenue YoY
10.3%
13.3%
Net Profit YoY
-9.0%
13.0%
EPS (diluted)
$0.43
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMSF
AMSF
GDEV
GDEV
Q1 26
$80.1M
Q4 25
$81.6M
Q3 25
$82.0M
Q2 25
$81.1M
$119.9M
Q1 25
$72.6M
Q4 24
$74.0M
Q3 24
$78.7M
Q2 24
$75.8M
$105.8M
Net Profit
AMSF
AMSF
GDEV
GDEV
Q1 26
$8.1M
Q4 25
$10.4M
Q3 25
$13.8M
Q2 25
$14.0M
$16.6M
Q1 25
$8.9M
Q4 24
$13.2M
Q3 24
$14.3M
Q2 24
$11.0M
$14.7M
Operating Margin
AMSF
AMSF
GDEV
GDEV
Q1 26
Q4 25
15.6%
Q3 25
21.3%
Q2 25
21.5%
15.5%
Q1 25
15.5%
Q4 24
22.7%
Q3 24
22.6%
Q2 24
18.1%
14.4%
Net Margin
AMSF
AMSF
GDEV
GDEV
Q1 26
10.2%
Q4 25
12.8%
Q3 25
16.9%
Q2 25
17.2%
13.9%
Q1 25
12.3%
Q4 24
17.8%
Q3 24
18.2%
Q2 24
14.5%
13.9%
EPS (diluted)
AMSF
AMSF
GDEV
GDEV
Q1 26
$0.43
Q4 25
$0.55
Q3 25
$0.72
Q2 25
$0.73
$0.90
Q1 25
$0.47
Q4 24
$0.69
Q3 24
$0.75
Q2 24
$0.57
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMSF
AMSF
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$34.2M
$41.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.6M
$-129.4M
Total Assets
$210.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
GDEV
GDEV
Q1 26
$34.2M
Q4 25
$61.9M
Q3 25
$54.7M
Q2 25
$48.5M
$41.6M
Q1 25
$44.8M
Q4 24
$44.1M
Q3 24
$63.7M
Q2 24
$30.6M
$50.8M
Stockholders' Equity
AMSF
AMSF
GDEV
GDEV
Q1 26
$246.6M
Q4 25
$251.6M
Q3 25
$274.8M
Q2 25
$265.6M
$-129.4M
Q1 25
$260.8M
Q4 24
$257.3M
Q3 24
$314.4M
Q2 24
$301.0M
$-118.7M
Total Assets
AMSF
AMSF
GDEV
GDEV
Q1 26
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.2B
$210.2M
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.3B
Q2 24
$1.2B
$282.8M

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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