Snail reports Q2 net revenue down 11% to $19.7M; net loss narrows 81.6% to $3.0M

Snail, Inc.

Q2 net revenue $19.7M, down from $22.2M YoY; total units 2.0M vs 2.1M.
Net loss improved 81.6% to $3.0M vs $16.6M loss a year ago; EBITDA $(3.0)M vs $(2.4)M.
H1 2026 revenue $47.0M, up 11.1% YoY; net loss $(0.9)M vs $(18.5)M, improved 95.1%.
Cash rose to $13.3M at June 30, 2026 from $8.6M at Dec 31, 2025.
ARK franchise: ASA sold ~1.2M units; ASE ~574k; ARK Mobile 13.2M downloads as of June 30.

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