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Side-by-side financial comparison of GDEV Inc. (GDEV) and GOLAR LNG LTD (GLNG). Click either name above to swap in a different company.

GOLAR LNG LTD is the larger business by last-quarter revenue ($122.5M vs $119.9M, roughly 1.0× GDEV Inc.). GOLAR LNG LTD runs the higher net margin — 25.7% vs 13.9%, a 11.8% gap on every dollar of revenue. On growth, GOLAR LNG LTD posted the faster year-over-year revenue change (89.1% vs 13.3%).

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...

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

GDEV vs GLNG — Head-to-Head

Bigger by revenue
GLNG
GLNG
1.0× larger
GLNG
$122.5M
$119.9M
GDEV
Growing faster (revenue YoY)
GLNG
GLNG
+75.8% gap
GLNG
89.1%
13.3%
GDEV
Higher net margin
GLNG
GLNG
11.8% more per $
GLNG
25.7%
13.9%
GDEV

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
GDEV
GDEV
GLNG
GLNG
Revenue
$119.9M
$122.5M
Net Profit
$16.6M
$31.5M
Gross Margin
Operating Margin
15.5%
39.4%
Net Margin
13.9%
25.7%
Revenue YoY
13.3%
89.1%
Net Profit YoY
13.0%
190.5%
EPS (diluted)
$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
GDEV
GDEV
GLNG
GLNG
Q3 25
$122.5M
Q2 25
$119.9M
Q3 24
$64.8M
Q2 24
$105.8M
Q3 23
$67.3M
Q2 23
$114.9M
Q3 22
$68.4M
Q2 22
$125.8M
Net Profit
GDEV
GDEV
GLNG
GLNG
Q3 25
$31.5M
Q2 25
$16.6M
Q3 24
$-34.8M
Q2 24
$14.7M
Q3 23
$92.5M
Q2 23
$19.5M
Q3 22
$141.1M
Q2 22
$29.3M
Operating Margin
GDEV
GDEV
GLNG
GLNG
Q3 25
39.4%
Q2 25
15.5%
Q3 24
-43.7%
Q2 24
14.4%
Q3 23
Q2 23
12.9%
Q3 22
Q2 22
34.4%
Net Margin
GDEV
GDEV
GLNG
GLNG
Q3 25
25.7%
Q2 25
13.9%
Q3 24
-53.7%
Q2 24
13.9%
Q3 23
137.5%
Q2 23
17.0%
Q3 22
206.2%
Q2 22
23.3%
EPS (diluted)
GDEV
GDEV
GLNG
GLNG
Q3 25
Q2 25
$0.90
Q3 24
Q2 24
$0.81
Q3 23
Q2 23
$0.99
Q3 22
Q2 22
$0.15

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
GLNG
GLNG
Cash + ST InvestmentsLiquidity on hand
$41.6M
$611.2M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$-129.4M
$1.9B
Total Assets
$210.2M
$4.7B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
GLNG
GLNG
Q3 25
$611.2M
Q2 25
$41.6M
Q3 24
$732.1M
Q2 24
$50.8M
Q3 23
$727.1M
Q2 23
$68.6M
Q3 22
$498.1M
Q2 22
$91.4M
Total Debt
GDEV
GDEV
GLNG
GLNG
Q3 25
$1.9B
Q2 25
Q3 24
$1.4B
Q2 24
Q3 23
$1.2B
Q2 23
Q3 22
$1.4B
Q2 22
Stockholders' Equity
GDEV
GDEV
GLNG
GLNG
Q3 25
$1.9B
Q2 25
$-129.4M
Q3 24
$2.0B
Q2 24
$-118.7M
Q3 23
$2.2B
Q2 23
$-135.8M
Q3 22
$2.4B
Q2 22
$-105.2M
Total Assets
GDEV
GDEV
GLNG
GLNG
Q3 25
$4.7B
Q2 25
$210.2M
Q3 24
$4.3B
Q2 24
$282.8M
Q3 23
$4.0B
Q2 23
$302.2M
Q3 22
$4.4B
Q2 22
$373.3M
Debt / Equity
GDEV
GDEV
GLNG
GLNG
Q3 25
1.01×
Q2 25
Q3 24
0.70×
Q2 24
Q3 23
0.55×
Q2 23
Q3 22
0.56×
Q2 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GDEV
GDEV
GLNG
GLNG
Operating Cash FlowLast quarter
$149.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEV
GDEV
GLNG
GLNG
Q3 25
$149.0M
Q2 25
Q3 24
$62.6M
Q2 24
Q3 23
Q2 23
Q3 22
Q2 22
$21.1M
Cash Conversion
GDEV
GDEV
GLNG
GLNG
Q3 25
4.73×
Q2 25
Q3 24
Q2 24
Q3 23
Q2 23
Q3 22
Q2 22
0.72×

Financial Flow Comparison

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

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