Filing Flows › Motorsport Games (MSGM) › Q1 2026 › vs Q1 2025
Motorsport Games (MSGM) Q1 2026 vs Q1 2025 (year over year)
Motorsport Games's revenue rose $2.3M (+129%) from $1.8M in Q1 2025 to $4.0M in Q1 2026. Gross margin 87.2% against 73.5% (+13.6 pts).
Motorsport Games, Q1 2026: revenue $4.0M (+129% year over year), operating margin 26.2%, net earnings $316K, operating cash flow $1.6M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Gross margin | 87.2% | 73.5% | +13.6 pts |
| Operating margin | 26.2% | -5.3% | +31.5 pts |
| Net margin | 7.8% | 59.2% | -51.4 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.0M | $1.8M | $2.3M | +129% |
| Gross profit | $3.5M | $1.3M | $2.2M | +172% |
| Cost of revenue | $517K | $465K | $52K | +11% |
| Operating profit | $1.1M | −$93K | $1.1M | — |
| Operating expenses | $2.5M | $1.4M | $1.1M | +77% |
| Pre-tax earnings | $952K | $1.0M | −$71K | -7% |
| Other expense, net | $105K | −$1.1M | $1.2M | — |
| Net earnings | $316K | $1.0M | −$725K | -70% |
| Minority interests | $636K | −$18K | $654K | — |
| Depreciation & amortization | $176K | $252K | −$76K | -30% |
| Share-based compensation | $375K | $0 | $375K | — |
| Working capital & other | $783K | −$916K | $1.7M | — |
| Operating cash flow | $1.6M | $377K | $1.3M | +338% |
Questions
How much did Motorsport Games's revenue grow year over year in Q1 2026?
Motorsport Games's revenue rose $2.3M (+129%) from $1.8M in Q1 2025 to $4.0M in Q1 2026. Gross margin 87.2% against 73.5% (+13.6 pts).