Motorsport Games Inc. (MSGM) Form 8-K — Aug 14, 2026
Motorsport Games reported Q2 2026 revenue of $3.5 million, up 36.6% year-over-year, with first-half revenue of $7.6 million, up 74.0%, marking its sixth consecutive quarter of profitability. Gross margin expanded to 84.7% for H1 2026 from 78.8% a year earlier. The RaceControl subscription platform is the growth engine: H1 subscription revenue reached roughly $1.4 million versus $0.3 million a year ago (up ~348.9%), annual recurring revenue stands near $2.9 million, and paid subscribers exceed 40,500, up more than 230% YoY, all organic. Management now frames RaceControl as a standalone platform business with better margins than its content operations.
Key figures
- Eps
- 0.08
- Revenue
- 3539962
- Net Income
- 243199
- Total Debt
- 1200000
- Revenue Yoy
- 36.6
- Cash Position
- 3900000
- H1 revenue yoy
- 74.0%
- H1 2025 revenue
- 4350293
- H1 2026 revenue
- 7571251
- Q2 2025 revenue
- 2591840
- Racecontrol arr
- approximately $2.9 million, up from approximately $1.2 million in FY2025
- Working capital
- approximately $2.9 million
- Gross margin h1 2025
- 78.8%
- Gross margin h1 2026
- 84.7%
- Revolving credit line
- $3 million from Citibank N.A., $1.2 million drawn, maturity February 20, 2028
- Adjusted ebitda h1 2025
- 1006189
- Adjusted ebitda h1 2026
- 2241236
- Adjusted ebitda q2 2025
- 1368732
- Adjusted ebitda q2 2026
- 759459
- Peak concurrent players
- more than 8,800 in March 2026
- Le mans ultimate dlc units
- approximately 1.2 million
- Monthly operating cash flow
- approximately $0.5 million per month in H1 2026
- Racecontrol paid subscribers
- more than 40,500, up more than 230% YoY
- Le mans ultimate base game units
- over 500,000
- Weighted avg diluted shares q2 2026
- 5255013
- Non gaap adjusted diluted eps h1 2025
- 0.24
- Non gaap adjusted diluted eps h1 2026
- 0.33
- Non gaap adjusted diluted eps q2 2026
- 0.19
- Racecontrol h1 2026 subscription revenue
- approximately $1.4 million vs approximately $0.3 million, +348.9%
- Shares repurchased from driven lifestyle
- 904395
Price after filing
Close on the filing date to close N calendar days later (from $4.44). Historical, not a forecast.
AI analysis
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