---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-037121"
form_type: "8-K"
ticker: "SNAL"
cik: "0001886894"
company_name: "Snail, Inc."
filed_at: "2026-08-11T20:05:19+00:00"
generated_at: "2026-08-11T20:07:48.065084+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-037121
- form_type: 8-K
- ticker: SNAL
- cik: 0001886894
- company_name: Snail, Inc.
- filed_at: 2026-08-11T20:05:19+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1886894/000149315226037121/0001493152-26-037121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1886894/000149315226037121/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-037121
- JSON: https://secwatch.observer/filing/0001493152-26-037121.json
- Plain text: https://secwatch.observer/filing/0001493152-26-037121.txt

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