Snail, Inc. (SNAL) Earnings Call Transcripts
Snail, Inc.'s Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Snail, Inc. (SNAL:US) reported a significant revenue increase of 35.7% to $27.3 million, surpassing the previous year's $20.1 million. Net income rose dramatically by 210% to $2.1 million, reflecting a strong recovery from a net loss of $1.9 million in Q1 2025. Management maintained a positive outlook, indicating sustained momentum and a robust pipeline, particularly with the upcoming releases of three AAA titles, which they believe will drive future growth.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $27.3 million (beat) |
| Net Income | $2.1 million (beat) |
| EBITDA | $2.4 million (beat) |
| Total Units Sold | 2.2 million (beat) |
| Bookings | $26.9 million (beat) |
| Unrestricted Cash | $14.3 million (positive) |
Guidance from management
Management expects continued growth driven by a robust pipeline of upcoming titles, maintaining a positive outlook for revenue evolution in the coming years.
What management said
Thank you, Michael. As you know, for the company, it's actually -- while we're working on multiple projects, we are cost conscious. We try to -- we're not spending extra significant amount of money while we're building all these kinds of different projects, different DLCs. Company is remaining as -- we don't spend as much on the cost side in regards to the operating expenses. And on top of that, Michael, our CEO, a...
What analysts pressed on
Analysts expressed concerns regarding the sustainability of revenue growth and the potential impact of upcoming releases on overall performance. There were questions about the cadence of content releases and how they would affect bookings growth in 2026.
Main topics on the call
- Revenue Growth — Snail, Inc. achieved a 35.7% increase in net revenue to $27.3 million, driven by strong sales from ASA and Bellwright. Management stated, "Our Q1 performance reflects that momentum, and we believe we are well positioned ...
- Net Income Improvement — The company reported a net income of $2.1 million, a significant turnaround from a net loss of $1.9 million in the prior year. This improvement was attributed to increased revenue and reduced operating expenses.
- AAA Titles Development — Management highlighted the final phases of development for three AAA titles: For the Stars, Nine Yin Sutra: Immortal, and Nine Yin Sutra: Wushu. They emphasized that these titles represent a strategic shift towards becom...
- Deferred Revenue Recognition — The upcoming launch of the ASA remake of ARK Genesis Part 1 will allow Snail to recognize approximately $11 million in deferred revenue. This was noted as a key upcoming revenue catalyst.
Read the full Snail, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Snail, Inc.
Snail, Inc. (SNAL) is a publicly listed company in the Entertainment industry, within the Communication Services sector. It trades on NasdaqCM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 12 calls on record spanning August 14, 2023 to May 13, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 12 Snail, Inc. earnings call transcripts on record, spanning August 14, 2023 to May 13, 2026. Based on this history, Snail, 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
- SNAL
- Exchange
- NasdaqCM
- Country
- US
- Sector
- Communication Services
- Industry
- Entertainment
- Calls on record
- 12
- First call
- August 14, 2023
- Most recent
- May 13, 2026
- Reporting cadence
- quarterly
| Quarter | Date | |
|---|---|---|
| Q1 FY2026 | May 13, 2026 | Read transcript → |
| Q4 FY2025 | Mar 19, 2026 | Read transcript → |
| Q3 FY2025 | Nov 12, 2025 | Read transcript → |
| Q2 FY2025 | Aug 19, 2025 | Read transcript → |
| Q4 FY2024 | Mar 26, 2025 | Read transcript → |
| Q3 FY2024 | Nov 13, 2024 | Read transcript → |
| Q2 FY2024 | Aug 13, 2024 | Read transcript → |
| Q1 FY2024 | May 15, 2024 | Read transcript → |
| Q4 FY2023 | Apr 1, 2024 | Read transcript → |
| Special Calls | Feb 8, 2024 | Read transcript → |
| Q3 FY2023 | Nov 14, 2023 | Read transcript → |
| Q2 FY2023 | Aug 14, 2023 | Read transcript → |