Filing Flows › Motorsport Games (MSGM) › Q2 2026 › vs Q1 2026
Motorsport Games (MSGM) Q2 2026 vs Q1 2026 (quarter over quarter)
Motorsport Games's revenue fell $491K (-12%) from $4.0M in Q1 2026 to $3.5M in Q2 2026. Gross margin 81.8% against 87.2% (-5.4 pts).
Motorsport Games, Q2 2026: revenue $3.5M (+37% year over year), operating margin 18.0%, net earnings $401K, operating cash flow $1.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 81.8% | 87.2% | -5.4 pts |
| Operating margin | 18.0% | 26.2% | -8.2 pts |
| Net margin | 11.3% | 7.8% | +3.5 pts |
| Free cash flow margin | 31.5% | 40.4% | -8.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.5M | $4.0M | −$491K | -12% |
| Gross profit | $2.9M | $3.5M | −$619K | -18% |
| Cost of revenue | $644K | $517K | $127K | +25% |
| Operating profit | $638K | $1.1M | −$418K | -40% |
| Operating expenses | $2.3M | $2.5M | −$200K | -8% |
| Pre-tax earnings | $243K | $952K | −$708K | -74% |
| Other expense, net | $395K | $105K | $290K | +277% |
| Research & development | $737K | $514K | $223K | +43% |
| Sales & marketing | $191K | $210K | −$19K | -9% |
| General & admin | $1.3M | $1.7M | −$377K | -22% |
| Other operating costs | $7K | $34K | −$27K | -79% |
| Loss borne by minority interests | $158K | −$636K | $794K | — |
| Net earnings | $401K | $316K | $86K | +27% |
| Depreciation & amortization | $237K | $176K | $61K | +35% |
| Share-based compensation | $38K | $375K | −$337K | -90% |
| Working capital & other | $445K | $783K | −$338K | -43% |
| Operating cash flow | $1.1M | $1.6M | −$528K | -32% |
| Free cash flow (OCF − capex) | $1.1M | $1.6M | −$514K | -32% |
| Capital expenditures | $8K | $22K | −$14K | -64% |
Questions
How much did Motorsport Games's revenue grow quarter over quarter in Q2 2026?
Motorsport Games's revenue fell $491K (-12%) from $4.0M in Q1 2026 to $3.5M in Q2 2026. Gross margin 81.8% against 87.2% (-5.4 pts).