Snail Q4 net loss $0.9M; FY2025 net loss $27.2M on $81.2M revenue

Snail, Inc.

Q4 revenue $25.1M (-4% YoY); net loss $0.9M vs. net income $1.1M in Q4 2024.
FY2025 revenue $81.2M (-4% YoY); net loss $27.2M vs. net income $1.8M, weighed by $10.1M deferred tax valuation allowance.
Full-year bookings rose 16% to $87.8M; unrestricted cash $8.6M at Dec 31, 2025.
ARK Survival Ascended surpassed 4M units; roadmap includes ARK World Creator (May 2026) and Genesis Part 1 remake.
Bellwright exceeded 1M Steam downloads; Q4 unit sales 166,000 and Maiden Voyage update drove peak concurrent users.

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