CULVER CITY, Calif., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company"), a leading global independent developer and publisher of interactive digital entertainment, today announced financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Operational Highlights
ARK Franchise Updates:
-- ARK: Survival Evolved ("ASE"):
-- Units sold were approximately 574,000 for the second quarter of
2026
-- During the second quarter of 2026, average daily active users
("DAU") were 105,000 and peak DAU was 131,000
-- ARK: Survival Ascended ("ASA"):
-- Units sold were approximately 1.2 million for the second quarter
of 2026
-- During the second quarter of 2026, average DAU was 120,000 and
peak DAU was over 155,000
-- Launched the ARK: Fantastic Tames Season 1 Pack
-- Launched ARK: Genesis Part 1 Ascended, ARK: Tides of Fortune, and
shadow-dropped the ARK: Dragontopia
-- Revealed teaser for ARK Maker, a content creation tool designed to
expand community-generated content opportunities within the ASA
ecosystem
-- ARK: Ultimate Mobile Edition ("ARK Mobile"):
-- 13.2 million downloads as of June 30, 2026
-- During the second quarter of 2026, average DAU was 129,000
-- Other ARK IPs
-- Shared new details around ARK: The Animated Series Part 2 at IGN
Live
-- Unveiled PixARK: Terracrypt, the largest paid DLC expansion for
PixARK, planned to introduce more than 200 hours of gameplay and
80 new creatures
Game Portfolio and Business Updates:
-- AAA Game Pipeline
-- Officially unveiled 9 Yin Sutra: Immortal at ChinaJoy 2026,
revealing a new trailer and Steam page
-- Announced attendance at Gamescon 2026, where the Company will
unveil a first look at an unannounced internally developed AAA
title, alongside ASA, For The Stars, Bellwright, and Honeycomb:
The World Beyond
-- Released a new developer diary for For The Stars, offering an
in-depth look at the game's current development progress, new
pre-alpha footage, and previously unreleased concept art
-- Bellwright launched on PlayStation and Xbox
-- Reached the Top 5 Paid Games list on Xbox following the console
launch, demonstrating positive early engagement
-- Launched Survivor Mercs 1.0 across Steam, Xbox, and PlayStation, and
launched Above The Snow on Steam
Business and Operational Updates
-- Egofold, the Company's subsidiary, publicly debuted the AI Ranch
initiative and Non-Human Player$(TM)$ $(NHP)$, an AI gaming companion for
consumers, at the Ai4 2026 conference
-- As of June 30, 2026, SaltyTV released 300+ short film dramas
ARK Content Pipeline
Title Platforms Type Release Schedule
ARK Fantastic Tames Steam, Xbox, DLC Creature Q3 2026
-- Cerberax PlayStation
ARK Fantastic Tames Steam, Xbox, DLC Creature Q4 2026
-- Enigmasour PlayStation
ARK Dragontopia Steam, Xbox, ASA DLC Q3 & Q4 2026
(content updates) PlayStation
ARK Maker Steam, Xbox, ASA Content 2026
PlayStation Creation Tool
ARK Survival of the Steam, Xbox, ASA Game Mode 2026
Fittest PlayStation
PixARK: Terracrypt Steam, Xbox, PixARK DLC 2026
PlayStation,
Nintendo Switch
PixARK Worlds Steam, Xbox, New Title 2027
PlayStation,
Nintendo Switch 2
ARK Atlantis Steam, Xbox, ASA DLC 2027
PlayStation
ARK Galaxy Wars Steam, Xbox, ASA DLC 2027
PlayStation
ARK Legacy of Steam, Xbox, ASA DLC 2027
Santiago PlayStation
Diversified Content Pipeline
Title Platforms Type Release Schedule
Dead Party Steam Indie Title 2026
Honeycomb: The World Beyond Steam Indie Title 2026
Veil of Madness Steam Indie Title 2026
Gobby Gang Steam Indie Title 2027
For The Stars Steam AAA Title TBD
9 Yin Sutra: Immortal Steam AAA Title TBD
9 Yin Sutra: Wushu Steam AAA Title TBD
Management Commentary
"Over the last several months, we have begun executing against the robust gaming pipeline we previously outlined, which has established a strong foundation for the second half of 2026," said Snail CEO Hai Shi. "During the second quarter, we launched the ARK: Fantastic Tames Season 1 Pack and brought Bellwright to Xbox and PlayStation, with the console launch providing an important contribution during an otherwise measured quarter for new game releases. Shortly after the second quarter ended, we released three ARK DLC expansion maps: Tides of Fortune, Genesis Part 1 Ascended, and Dragontopia. These launches, together with our broader slate of planned ARK content, have established a strong foundation for the rest of the year. Additionally, we continue to invest in our next generation of internally developed AAA titles, which we view as critical drivers of Snail's long-term growth profile. For The Stars and 9 Yin Sutra Immortal were showcased across select gaming events over the past several months, demonstrating meaningful development progress and growing visibility for these titles as they move through the later stages of development.
"Operationally, we have made significant progress across a new developing initiative that expands beyond traditional game development and publishing. Just last week, we announced our attendance at the Ai4 2026 conference, where we unveiled the AI Ranch initiative and our new product in development called Non-Human Player (NHP), an AI companion product for consumers designed to learn, adapt, and interact like a real human teammate. NHP is designed to deliver a personalized gaming experience tailored to each user's playstyle. We believe this technology has the potential to address key challenges casual and hardcore gamers face while creating a personalized AI companion that can help players enjoy and improve their gaming experience across multiple titles.
"The outlook for the second half of 2026 remains strong as we continue to execute across multiple gaming pipelines and business opportunities. With a strong slate of ARK content through 2027, meaningful progress across three upcoming AAA titles, and the introduction of new business initiatives, we are well-positioned to support the transformation of Snail's profile over the next several quarters."
Second Quarter 2026 Financial Highlights
Net revenues were $19.7 million compared to $22.2 million in the same period last year. The decrease was primarily due to a $4.2 million decrease in sales of ARK: Survival Ascended, a decrease of $1.8 million from ARK: Survival Evolved, a decrease of $0.4 million from ARK: Ultimate Mobile Edition, a decrease of $0.2 million from SaltyTV, and a decrease of $0.2 million from other various titles, offset by an increase in revenues related to Bellwright of $1.5 million and $2.8 million change in deferred revenues.
Total units sold were 2.0 million units compared to 2.1 million units in the same period last year, primarily driven by lower sales of ARK franchise titles of 0.2 million units, partially offset by an increase in sales of Bellwright of 0.1 million units.
Net loss improved 81.6% to $3.0 million compared to a net loss of $16.6 million in the same period last year. The increase was primarily due to a reduction of $14.0 million in the income tax provision from the prior-year quarter and an improvement in gross profit, partially offset by higher general and administrative and research and development expenses.
Bookings were $21.8 million compared to $27.1 million in the same period last year. The decrease was primarily due to lower sales of ARK: Survival Ascended and ARK: Survival Evolved, partially offset by bookings generated from Bellwright.
EBITDA was $(3.0) million compared to $(2.4) million in the same period last year. The decrease was primarily due to an improvement in net loss of $13.5 million and a decrease in depreciation expense of $0.1 million, more than offset by a decrease in the provision of income taxes of $14.0 million.
Six Months 2026 Financial Highlights
Net revenues increased 11.1% to $47.0 million compared to $42.3 million in the same period last year. The increase was primarily attributed to a $3.6 million increase in sales of Bellwright and a $5.3 million change in deferred revenues, partially offset by a decrease in ARK: Survival Evolved revenue of $2.7 million and a decrease of $1.4 million attributable to lower sales of ARK: Survival Ascended.
Total units sold increased 13.8% to 4.2 million units compared to 3.7 million units in the same period last year. The increase was primarily due to increased sales of ARK: Survival Ascended of 1.0 million units and an increase in Bellwright of 0.2 million units; partially offset by a decrease in ARK: Survival Evolved sales of 0.7 million units.
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