GDEV (GDEV) revenue breakdown
By segment, Nexters Global Ltd is the largest at 96% of fiscal 2025 revenue, growing -6% a year over 3 years.
By product, In-game purchases is the largest at 95% of fiscal 2025 revenue, growing 28% a year over 6 years.
Revenue by segment
Fiscal years, as GDEV reports them in its 10-K filings; fiscal 2025 total $404M.
| Segments | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Nexters Global Ltd | $472M | $447M | $404M | $389M | 96% |
| All other segments | $7M | $17M | $17M | $15M | 4% |
Revenue by product
Fiscal years, as GDEV reports them in its 10-K filings; fiscal 2025 total $404M.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| In-game purchases | $89M | $246M | $407M | $460M | $434M | $394M | $384M | 95% |
| Advertising | $5M | $15M | $28M | $20M | $30M | $27M | $20M | 5% |
| Licensing | — | — | — | — | — | $62,000 | $10,000 | 0% |
Revenue by region
Fiscal years, as GDEV reports them in its 10-K filings; fiscal 2025 total $404M.
| Regions | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Europe | $23M | $61M | $94M | $101M | $117M | $126M | $133M | 33% |
| US | $38M | $97M | $137M | $160M | $164M | $143M | $132M | 33% |
| Asia | $8M | $42M | $106M | $124M | $111M | $92M | $77M | 19% |
| Other | $6M | $60M | $98M | $94M | $72M | $60M | $62M | 15% |
| FSU | $19M | — | — | — | — | — | — | — |
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Where does GDEV make its money?
In fiscal 2025, by segment: Nexters Global Ltd $389M, All other segments $15M.
From GDEV's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.