Motorsport Games Reports Strong Q2 and H1 Performance with Revenue Growth Driven by Game Sales and Subscription Platform
Motorsport Games (MSGM) reported strong financial results for the first half of 2026, driven primarily by its flagship title Le Mans Ultimate and the growing RaceControl subscription platform. The company generated $7.6 million in H1 revenue, a 74% increase year-over-year, with gross profit margin rising to 84.7%. RaceControl contributed significantly to this growth, delivering $1.4 million in first-half revenue—a 348.9% jump from the prior year—and achieving an annualized run rate of $2.9 million. The company also reported a record number of paid subscribers (40,500), up 230%, and strong sales performance with over 500,000 base game units sold since launch. Additionally, Motorsport Games generated adjusted EBITDA of $2.2 million for the first half—more than double that from H1 2025—and maintained a positive GAAP net income in Q2 for six consecutive quarters.
Tickers: $MSGM
Topics: cash flow profitability revenue growth subscriptions