vs

Side-by-side financial comparison of GDEV Inc. (GDEV) and PEAPACK GLADSTONE FINANCIAL CORP (PGC). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $78.2M, roughly 1.5× PEAPACK GLADSTONE FINANCIAL CORP). PEAPACK GLADSTONE FINANCIAL CORP runs the higher net margin — 15.5% vs 13.9%, a 1.7% gap on every dollar of revenue. On growth, PEAPACK GLADSTONE FINANCIAL CORP posted the faster year-over-year revenue change (26.5% 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...

Peapack Gladstone Financial Corp is a U.S.-based regional financial holding company that provides commercial and consumer banking, wealth management, private banking, lending solutions, and trust services, primarily serving individual and small-to-medium business clients across New Jersey and the surrounding U.S. Northeast region.

GDEV vs PGC — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.5× larger
GDEV
$119.9M
$78.2M
PGC
Growing faster (revenue YoY)
PGC
PGC
+13.2% gap
PGC
26.5%
13.3%
GDEV
Higher net margin
PGC
PGC
1.7% more per $
PGC
15.5%
13.9%
GDEV

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GDEV
GDEV
PGC
PGC
Revenue
$119.9M
$78.2M
Net Profit
$16.6M
$12.2M
Gross Margin
Operating Margin
15.5%
21.7%
Net Margin
13.9%
15.5%
Revenue YoY
13.3%
26.5%
Net Profit YoY
13.0%
31.6%
EPS (diluted)
$0.90
$0.68

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
PGC
PGC
Q4 25
$78.2M
Q3 25
$70.7M
Q2 25
$119.9M
$69.7M
Q1 25
$64.4M
Q4 24
$61.8M
Q3 24
$56.6M
Q2 24
$105.8M
$56.6M
Q1 24
$53.1M
Net Profit
GDEV
GDEV
PGC
PGC
Q4 25
$12.2M
Q3 25
$9.6M
Q2 25
$16.6M
$7.9M
Q1 25
$7.6M
Q4 24
$9.2M
Q3 24
$7.6M
Q2 24
$14.7M
$7.5M
Q1 24
$8.6M
Operating Margin
GDEV
GDEV
PGC
PGC
Q4 25
21.7%
Q3 25
19.2%
Q2 25
15.5%
16.1%
Q1 25
16.2%
Q4 24
19.8%
Q3 24
19.0%
Q2 24
14.4%
16.9%
Q1 24
23.4%
Net Margin
GDEV
GDEV
PGC
PGC
Q4 25
15.5%
Q3 25
13.6%
Q2 25
13.9%
11.4%
Q1 25
11.8%
Q4 24
14.9%
Q3 24
13.4%
Q2 24
13.9%
13.3%
Q1 24
16.3%
EPS (diluted)
GDEV
GDEV
PGC
PGC
Q4 25
$0.68
Q3 25
$0.54
Q2 25
$0.90
$0.45
Q1 25
$0.43
Q4 24
$0.52
Q3 24
$0.43
Q2 24
$0.81
$0.42
Q1 24
$0.48

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
PGC
PGC
Cash + ST InvestmentsLiquidity on hand
$41.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-129.4M
$658.2M
Total Assets
$210.2M
$7.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
PGC
PGC
Q4 25
Q3 25
Q2 25
$41.6M
Q1 25
Q4 24
Q3 24
Q2 24
$50.8M
Q1 24
Stockholders' Equity
GDEV
GDEV
PGC
PGC
Q4 25
$658.2M
Q3 25
$642.5M
Q2 25
$-129.4M
$629.8M
Q1 25
$621.9M
Q4 24
$605.8M
Q3 24
$607.6M
Q2 24
$-118.7M
$588.3M
Q1 24
$582.4M
Total Assets
GDEV
GDEV
PGC
PGC
Q4 25
$7.5B
Q3 25
$7.4B
Q2 25
$210.2M
$7.2B
Q1 25
$7.1B
Q4 24
$7.0B
Q3 24
$6.8B
Q2 24
$282.8M
$6.5B
Q1 24
$6.4B

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
PGC
PGC
Operating Cash FlowLast quarter
$43.1M
Free Cash FlowOCF − Capex
$28.8M
FCF MarginFCF / Revenue
36.8%
Capex IntensityCapex / Revenue
18.3%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$61.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEV
GDEV
PGC
PGC
Q4 25
$43.1M
Q3 25
$36.2M
Q2 25
$15.9M
Q1 25
$-7.9M
Q4 24
$71.1M
Q3 24
$24.7M
Q2 24
$852.0K
Q1 24
$19.1M
Free Cash Flow
GDEV
GDEV
PGC
PGC
Q4 25
$28.8M
Q3 25
$34.0M
Q2 25
$9.9M
Q1 25
$-11.5M
Q4 24
$63.0M
Q3 24
$23.0M
Q2 24
$-431.0K
Q1 24
$18.0M
FCF Margin
GDEV
GDEV
PGC
PGC
Q4 25
36.8%
Q3 25
48.1%
Q2 25
14.2%
Q1 25
-17.8%
Q4 24
101.9%
Q3 24
40.6%
Q2 24
-0.8%
Q1 24
33.9%
Capex Intensity
GDEV
GDEV
PGC
PGC
Q4 25
18.3%
Q3 25
3.1%
Q2 25
8.6%
Q1 25
5.6%
Q4 24
13.1%
Q3 24
3.0%
Q2 24
2.3%
Q1 24
2.1%
Cash Conversion
GDEV
GDEV
PGC
PGC
Q4 25
3.55×
Q3 25
3.76×
Q2 25
2.01×
Q1 25
-1.04×
Q4 24
7.70×
Q3 24
3.25×
Q2 24
0.11×
Q1 24
2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDEV
GDEV

Segment breakdown not available.

PGC
PGC

Banking Segment$61.4M79%
Wealth Management Division$13.9M18%
Other$2.9M4%

Related Comparisons