Snail Q3 net income swings to $6.7 million; net revenues more than double to $33.1 million
SNAL•Snail reported third-quarter 2026 net income of $6.7 million, compared with a loss a year earlier, as net revenues more than doubled to $33.1 million.
1. Quarterly results
Net revenues rose primarily due to changes in deferred revenue and higher sales of ARK: Survival Ascended. Total units sold climbed 73% year over year to 2 million, primarily driven by higher sales of the game.
2. Fourth-quarter outlook
Management expects recently released titles and the anticipated December release of the ARK: Dragontopia skyworld map to support fourth-quarter performance.
