---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-031603"
form_type: "8-K"
ticker: "SNAL"
cik: "0001886894"
company_name: "Snail, Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:51:17.480712+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Snail reports Q2 revenue $21.6M, net income $2.3M vs loss a year ago

## Summary
- Net revenue $21.6M, up 118% from $9.9M YoY, driven by ARK: Survival Ascended sales.
- Net income $2.3M compared to net loss of $4.1M in Q2 2023; EBITDA $3.1M vs loss $4.8M.
- Bookings of $22.9M, more than double prior year's $9.3M, boosted by new releases and DLCs.
- ARK: Survival Ascended sold ~2.5M units since launch; averaged 108,515 DAUs in Q2.
- Unrestricted cash $15.5M as of June 30, 2024; company launched Bellwright and Bob's Tall Tales.

## SEC filing metadata
- accession: 0001493152-24-031603
- form_type: 8-K
- ticker: SNAL
- cik: 0001886894
- company_name: Snail, Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1886894/000149315224031603/0001493152-24-031603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1886894/000149315224031603/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-031603
- JSON: https://secwatch.observer/filing/0001493152-24-031603.json
- Plain text: https://secwatch.observer/filing/0001493152-24-031603.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.