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

TG THERAPEUTICS, INC. is the larger business by last-quarter revenue ($192.6M vs $119.9M, roughly 1.6× GDEV Inc.). GDEV Inc. runs the higher net margin — 13.9% vs 12.0%, a 1.9% gap on every dollar of revenue. On growth, TG THERAPEUTICS, INC. posted the faster year-over-year revenue change (78.0% 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...

TG Therapeutics is a commercial-stage biopharmaceutical company focused on developing and commercializing innovative therapies for patients with B-cell malignancies, autoimmune diseases and neurodegenerative disorders. Its core operating markets are North America and Europe, with key product segments including targeted monoclonal antibodies and oral small molecule treatments.

GDEV vs TGTX — Head-to-Head

Bigger by revenue
TGTX
TGTX
1.6× larger
TGTX
$192.6M
$119.9M
GDEV
Growing faster (revenue YoY)
TGTX
TGTX
+64.7% gap
TGTX
78.0%
13.3%
GDEV
Higher net margin
GDEV
GDEV
1.9% more per $
GDEV
13.9%
12.0%
TGTX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GDEV
GDEV
TGTX
TGTX
Revenue
$119.9M
$192.6M
Net Profit
$16.6M
$23.0M
Gross Margin
80.2%
Operating Margin
15.5%
26.2%
Net Margin
13.9%
12.0%
Revenue YoY
13.3%
78.0%
Net Profit YoY
13.0%
-1.3%
EPS (diluted)
$0.90
$0.14

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
TGTX
TGTX
Q4 25
$192.6M
Q3 25
$161.7M
Q2 25
$119.9M
$141.1M
Q1 25
$120.9M
Q4 24
$108.2M
Q3 24
$83.9M
Q2 24
$105.8M
$73.5M
Q1 24
$63.5M
Net Profit
GDEV
GDEV
TGTX
TGTX
Q4 25
$23.0M
Q3 25
$390.9M
Q2 25
$16.6M
$28.2M
Q1 25
$5.1M
Q4 24
$23.3M
Q3 24
$3.9M
Q2 24
$14.7M
$6.9M
Q1 24
$-10.7M
Gross Margin
GDEV
GDEV
TGTX
TGTX
Q4 25
80.2%
Q3 25
82.6%
Q2 25
86.6%
Q1 25
87.1%
Q4 24
85.8%
Q3 24
88.9%
Q2 24
88.7%
Q1 24
91.4%
Operating Margin
GDEV
GDEV
TGTX
TGTX
Q4 25
26.2%
Q3 25
18.2%
Q2 25
15.5%
24.7%
Q1 25
7.1%
Q4 24
27.7%
Q3 24
14.8%
Q2 24
14.4%
12.0%
Q1 24
-14.6%
Net Margin
GDEV
GDEV
TGTX
TGTX
Q4 25
12.0%
Q3 25
241.7%
Q2 25
13.9%
20.0%
Q1 25
4.2%
Q4 24
21.6%
Q3 24
4.6%
Q2 24
13.9%
9.4%
Q1 24
-16.9%
EPS (diluted)
GDEV
GDEV
TGTX
TGTX
Q4 25
$0.14
Q3 25
$2.43
Q2 25
$0.90
$0.17
Q1 25
$0.03
Q4 24
$0.16
Q3 24
$0.02
Q2 24
$0.81
$0.04
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
TGTX
TGTX
Cash + ST InvestmentsLiquidity on hand
$41.6M
$142.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-129.4M
$648.0M
Total Assets
$210.2M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
TGTX
TGTX
Q4 25
$142.0M
Q3 25
$131.6M
Q2 25
$41.6M
$251.9M
Q1 25
$276.2M
Q4 24
$311.0M
Q3 24
$341.0M
Q2 24
$50.8M
$217.3M
Q1 24
$209.8M
Stockholders' Equity
GDEV
GDEV
TGTX
TGTX
Q4 25
$648.0M
Q3 25
$607.2M
Q2 25
$-129.4M
$276.4M
Q1 25
$237.3M
Q4 24
$222.4M
Q3 24
$192.2M
Q2 24
$-118.7M
$177.6M
Q1 24
$160.1M
Total Assets
GDEV
GDEV
TGTX
TGTX
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$210.2M
$702.6M
Q1 25
$656.7M
Q4 24
$577.7M
Q3 24
$586.0M
Q2 24
$282.8M
$401.2M
Q1 24
$373.3M

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
TGTX
TGTX
Operating Cash FlowLast quarter
$19.7M
Free Cash FlowOCF − Capex
$19.6M
FCF MarginFCF / Revenue
10.2%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$-25.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEV
GDEV
TGTX
TGTX
Q4 25
$19.7M
Q3 25
$-23.2M
Q2 25
$7.4M
Q1 25
$-28.7M
Q4 24
$-25.6M
Q3 24
$-12.2M
Q2 24
$5.5M
Q1 24
$-8.2M
Free Cash Flow
GDEV
GDEV
TGTX
TGTX
Q4 25
$19.6M
Q3 25
$-23.2M
Q2 25
$7.4M
Q1 25
$-28.7M
Q4 24
$-25.7M
Q3 24
$-12.2M
Q2 24
Q1 24
FCF Margin
GDEV
GDEV
TGTX
TGTX
Q4 25
10.2%
Q3 25
-14.4%
Q2 25
5.2%
Q1 25
-23.8%
Q4 24
-23.7%
Q3 24
-14.6%
Q2 24
Q1 24
Capex Intensity
GDEV
GDEV
TGTX
TGTX
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
GDEV
GDEV
TGTX
TGTX
Q4 25
0.85×
Q3 25
-0.06×
Q2 25
0.26×
Q1 25
-5.67×
Q4 24
-1.10×
Q3 24
-3.15×
Q2 24
0.80×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDEV
GDEV

Segment breakdown not available.

TGTX
TGTX

Products$189.1M98%
License$3.5M2%

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