Earnings summaries and quarterly performance for Snail.
Executive leadership at Snail.
Board of directors at Snail.
Research analysts who have asked questions during Snail earnings calls.
Recent press releases and 8-K filings for SNAL.
Snail Games Reports Strong Steam Winter Sale Performance
SNAL
Product Launch
Revenue Acceleration/Inflection
New Projects/Investments
- Snail, Inc. (SNAL) reported strong performance during the Steam Winter Sale, which ran from December 18 through January 5, by aligning major seasonal promotions with timely content launches.
- During the promotional period, recorded a 10.9x increase in average daily units sold, and achieved a 16.7x increase in average daily units sold, both compared to their respective prior 30-day non-sale periods.
- This strategic timing aims to lower barriers of entry for new players, re-engage existing audiences, amplify short-term performance, and create awareness for future titles.
Jan 15, 2026, 1:00 PM
Snail Inc. Reports Strong Year-End Engagement and Outlines Future Content Roadmap
SNAL
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
- Snail Inc. announced strong year-end performance and player engagement for its flagship games, with "Bellwright" reaching over 12,800 concurrent users (CCU) on Steam and selling over 150,000 units in Q4 2025, while "ARK: Survival Ascended" hit a quarterly peak of over 46,900 concurrent users.
- "ARK: Ultimate Mobile Edition" (ARK: UME) surpassed 10 million downloads, marking a significant milestone in the company's multi-platform strategy.
- The company extended its multi-year "ARK" content roadmap to 2027, detailing upcoming titles such as "ARK: Dragontopia" for 2026 and "ARK: Legacy of Santiago Part 1" for 2027.
- Snail Inc. also launched its first official $USDO stablecoin and released Golden Poop, a digital collectible, as part of its exploration into innovative digital initiatives.
Dec 31, 2025, 3:30 AM
Snail, Inc. Enters into Convertible Promissory Note Offering and Registration Rights Agreement
SNAL
Debt Issuance
Convertible Preferred Issuance
- On November 26, 2025, Snail, Inc. entered into a securities purchase agreement with an accredited investor, Monroe Street Capital Partners, LP, for a private placement of an unsecured convertible promissory note.
- The note has an aggregate principal amount and purchase price of $1,000,000, includes a 10% original issuance discount, and carries a one-time interest charge of 5% on the principal amount, due at maturity. The maturity date is 12 months from the date of issuance.
- The per share conversion price for the note is generally $5.00 for Class A Common Stock, though a $288,750 portion of the outstanding amount is convertible at the lesser of $5.00 or the Market Price.
- A registration rights agreement was also executed, requiring Snail, Inc. to file a registration statement for the resale of the conversion shares within 90 days and have it effective within 120 days after November 26, 2025.
Dec 3, 2025, 9:23 PM
Snail Inc. Reports FY 2024 Financials and Outlines Growth Strategies
SNAL
Earnings
Product Launch
New Projects/Investments
- Snail Inc. reported $85 million in Net Revenue and $1.8 million in Net Income for fiscal year 2024.
- The company, a leader in the sandbox survival genre, has generated $966 million in ARK Gross Revenue and achieved 110 million base game and DLC installs for its ARK franchise.
- Quarterly revenue for Q3 2025 was $4.0 million, primarily due to deferred revenue from ARK: Survival Ascended DLC's pre-sale launch, with the DLC expected to release in December 2025.
- Snail is expanding its gaming portfolio with new titles and the ARK II sequel, while also pursuing a strategy to become the first gaming company to integrate stablecoins into its ecosystem.
Dec 2, 2025, 12:00 PM
Snail Reports Q3 2025 Financials, Highlights Deferred Revenue and Upcoming Game Launches
SNAL
Earnings
New Projects/Investments
Product Launch
- Snail reported Q3 2025 net revenue of $13.8 million and a net loss of $7.9 million, primarily attributed to the timing of revenue recognition and an increase in deferred revenue of $10.9 million.
- Despite the reported revenue decline, bookings for Q3 2025 grew 9.3% to $17.6 million compared to the same period last year, demonstrating strong demand and engagement.
- As of September 30, 2025, the deferred revenue balance was $36.4 million, with $26.5 million expected to be recognized within the next 12 months. This includes $5.8 million from ARK: Lost Colony pre-sales, anticipated for Q4 2025 recognition.
- The company is making meaningful progress on its stablecoin project and anticipates a stronger Q4 driven by the upcoming launch of ARK: Lost Colony in December 2025, which has already seen 306,000 units of Expansion Pass pre-sold.
Nov 12, 2025, 9:30 PM
Snail, Inc. Reports Q3 2025 Financial Results with Increased Bookings and Deferred Revenue
SNAL
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Snail, Inc. reported net revenues of $13.8 million for Q3 2025, a decrease from $22.5 million in the prior year, primarily due to an increase in deferred revenue of $10.9 million.
- The company posted a net loss of $(7.9) million and EBITDA of $(9.7) million for Q3 2025, compared to net income of $0.2 million and EBITDA of $0.5 million in Q3 2024.
- Bookings increased by 9.3% to $17.6 million in Q3 2025, driven by various sales promotions and new ARK content releases.
- As of September 30, 2025, deferred revenue reached $36.4 million, with $5.8 million expected to be recognized in Q4 2025 upon the launch of ARK: Lost Colony.
- Key operational highlights include 576,324 units of ARK: Survival Evolved and 499,199 units of ARK: Survival Ascended sold in Q3 2025, alongside ongoing stablecoin infrastructure development.
Nov 12, 2025, 9:06 PM
Snail, Inc. enters into convertible promissory note offering
SNAL
Debt Issuance
Convertible Preferred Issuance
- On October 24, 2025, Snail, Inc. entered into a Securities Purchase Agreement for a private placement offering of an unsecured convertible promissory Note with an aggregate principal amount of $2,200,000.
- The Note had a purchase price of $2,000,000 due to a 10% original issuance discount and includes a one-time interest charge of 5% on the principal amount, totaling $110,000.
- The Note has a 12-month maturity date from its issuance on October 24, 2025, and is convertible into Class A common stock, primarily at a conversion price of $5.00 per share.
- The company also signed a Registration Rights Agreement on October 24, 2025, requiring it to file a registration statement for the resale of the conversion shares within 90 days and achieve effectiveness within 120 days.
- The Note is a senior unsecured obligation and includes scheduled monthly amortization payments of $231,000 starting January 24, 2026, with the final outstanding balance due on October 24, 2026.
Oct 30, 2025, 10:10 AM
Snail Inc. Reports 2024 Financials and Outlines Growth Strategies Including Stablecoin Initiative
SNAL
New Projects/Investments
Product Launch
- Snail Inc. reported $85 million in net revenue and 4.7 million units sold in 2024, building on its ARK franchise which has amassed 90.5 million gamers and generated nearly $1 billion in gross revenue.
- The company plans a robust release slate, including one major DLC in late 2025 and two new internally developed IPs in 2026, alongside nine anticipated licensed game releases in 2025.
- Snail Inc. is strategically expanding into new areas, aiming to be the first gaming company to issue stablecoins with deep integration into its ecosystem, supported by recent regulatory clarity from the U.S. Genius Act passed in July 2025.
- Additionally, the company has entered the short-form video content space to broaden its digital entertainment presence and diversify revenue streams beyond gaming.
Oct 9, 2025, 4:30 PM
Snail Inc. outlines gaming expansion and stablecoin strategy at Gateway Conference
SNAL
New Projects/Investments
Product Launch
Revenue Acceleration/Inflection
- Snail Inc. (SNAL) is a global independent developer and publisher of interactive digital entertainment, with its flagship Ark franchise accounting for approximately 85% of its revenue. The Ark franchise has generated over $950 million in gross sales and over 100 million base game and DLC installs.
- The company is expanding its gaming portfolio by investing in indie game publishing and developing new internal titles, with two major internally developed games ("For the Start" and "Nine Min Citra Immortal") expected to launch in 2026.
- Snail Inc. is diversifying its revenue streams by entering the stablecoin market, aiming to be the first gaming company to issue a stablecoin. This initiative involves building an ecosystem for its gamer base and attracting investors, with a strong focus on regulatory compliance and obtaining necessary licenses.
Sep 3, 2025, 8:44 PM
Quarterly earnings call transcripts for Snail.
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