Motorsport Games (MSGM)
NASDAQ:MSGM
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.82Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives: robust revenue growth (+129.3% YoY), significant engagement gains for Le Mans Ultimate (peak +118% YoY; average +169% YoY), accelerating recurring revenue from RaceControl (MRR > $0.2M; RaceControl = 19% of revenue), and materially improved adjusted EBITDA (+$0.9M). These achievements were balanced against near-term liquidity effects from a $3.7M share repurchase that reduced cash balances, EPS compression, uncertainty on console timing, and some increased stock-based compensation. Overall, the company framed the quarter as a transition to stronger governance, recurring revenue, and a foundation for future growth.Company Guidance
Revenue Growth
Total revenues of $4.0 million in Q1 2026, up $2.3 million or 129.3% year-over-year, driven primarily by Le Mans Ultimate sales (+$1.6M) and RaceControl subscriptions (+$0.7M).
Le Mans Ultimate Engagement Surge
Peak concurrent players reached a new all-time high of more than 8,800 in March 2026 (peak +118% YoY vs Q1 2025 peak of 4,000) and average concurrent users grew 169% YoY, indicating sustained stickiness beyond release spikes.
RaceControl Recurring Revenue Momentum
RaceControl monthly recurring revenues exceed $0.2 million; Q1 RaceControl subscription revenue was $0.8 million, representing 19% of total revenue (up from 6% in Q1 2025), showing material diversification toward recurring revenue.
Improved Profitability and Adjusted EBITDA
Adjusted EBITDA improved to $1.5 million in Q1 2026 from $0.6 million in Q1 2025, an increase of $0.9 million (approximately +150%), and the company again generated positive operating income.
Positive Cash Generation and Stronger Working Capital
Average positive cash flow from operations of ~ $0.5 million per month during the quarter; working capital improved to $5.2 million as of March 31, 2026 versus $4.2 million as of December 31, 2025 (up $1.0M, ~+23.8%).
Strategic Corporate Actions and Governance Improvements
Repurchased 904,395 Class A shares from Driven Lifestyle Group and retired Class B 10x-voting shares, returning equal voting power to all shares and expanding employee equity awards to aid retention.
Partnerships Validating Platform Strategy
Commercial validations for RaceControl and technology: partnerships with Genesis and Logitech (Logitech G Challenge), and powering F1 Arcade with Studio 397 technology highlight third-party demand and platform opportunity.
Balance Sheet Flexibility — Credit Facility
Secured a $3.0 million revolving line of credit from Citibank (no outstanding balance as of March 31, 2026), providing additional liquidity optionality for growth and operations.
MSGM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MSGM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $5.07 | $4.50 | -11.24% |
Mar 10, 2026 | $4.35 | $3.91 | -10.11% |
Nov 06, 2025 | $2.19 | $3.74 | +70.78% |
Aug 13, 2025 | $3.47 | $3.08 | -11.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Motorsport Games (MSGM) report earnings?
Motorsport Games (MSGM) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Motorsport Games (MSGM) earnings time?
Motorsport Games (MSGM) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MSGM EPS forecast?
Currently, no data Available
