Motorsport Games Inc. (MSGM) Earnings Call Transcripts

Motorsport Games Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Motorsport Games Inc. (MSGM:US) reported revenues of $4 million, more than doubling year-over-year, driven primarily by strong sales of 'Le Mans Ultimate' and growth in RaceControl subscriptions. The company achieved a net income of approximately $1 million, with adjusted EBITDA improving to $1.5 million, reflecting operational strength. Management highlighted a robust player engagement with 'Le Mans Ultimate', signaling a positive outlook for continued growth and a strategic focus on expanding recurring revenue streams through RaceControl.

Reported metrics

Guidance from management

Management did not provide specific forward-looking guidance but expressed confidence in the product roadmap and growth opportunities for RaceControl and 'Le Mans Ultimate'. They expect to discuss further details in the Q3 earnings call.

What analysts pressed on

Analysts raised questions about the sustainability of player engagement and the trajectory of RaceControl's growth. There were also inquiries regarding the timeline for the console release of 'Le Mans Ultimate' and the potential for future collaborations in the Formula 1 space.

Main topics on the call

• Revenue Growth Acceleration — Motorsport Games reported Q1 2026 revenues of $4 million, up 129.3% year-over-year, driven by a $1.6 million increase in 'Le Mans Ultimate' sales and a $0.7 million rise in RaceControl subscriptions. Management noted, 'W...
• Player Engagement and Growth — 'Le Mans Ultimate' recorded a peak of over 8,800 concurrent players, a 118% increase year-over-year, with average concurrent users growing 169%. Management emphasized that 'the floor is rising, not just the ceiling,' ind...
• RaceControl as a Revenue Driver — RaceControl subscriptions generated $0.8 million in Q1 2026, accounting for 19% of total revenues, up from 6% in Q1 2025. Management stated, 'We expect it to continue growing as the game becomes more popular.'
• Share Repurchase and Governance Changes — The company repurchased 904,395 shares, retiring Class B shares with super voting rights, which management described as a move to strengthen corporate governance. This was seen as a 'direct reflection of how far this com...

Read the full Motorsport Games Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 18 Motorsport Games Inc. earnings call transcripts on record, spanning March 30, 2022 to May 13, 2026. Based on this history, Motorsport Games Inc. reports quarterly. The most recent call on file is dated May 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MSGM

Exchange

NasdaqCM

Country

US

Sector

Communication Services

Industry

Entertainment

Calls on record

18

First call

March 30, 2022

Most recent

May 13, 2026

Reporting cadence

quarterly