Atari (ATA) H2 2026 TU earnings summary

Executive summary

• FY 2026 revenues are expected to reach approximately $50M, below the previously anticipated $60M, but still marking the third consecutive year of around 40% revenue growth, reaching the highest level in over a decade.

• Including the expected contribution from Thunderful (consolidated as of September 1, 2025), full-year revenues are projected to reach about $60M, further accelerating growth.

• Strategic focus remains on core gaming and publishing, with recent acquisitions of Digital Eclipse, Nightdive Studios, and Thunderful strengthening capabilities.

Financial highlights

• Revenue for FY 2026 is expected to be $50M, compared to the previously anticipated $60M.

• Revenue growth remains high at approximately 40% year-over-year for the third consecutive year.

• Revenues are at their highest level in over a decade.

• Positive current operating income and positive operating cash flow are expected for the full year.

• With Thunderful's contribution, full-year revenues could reach $60M.

Outlook and guidance

• Continued execution of strategic plans initiated in 2022, focusing on gaming and publishing.

• Management expects positive operating income and cash flow for the full year.

• Forward-looking statements are subject to risks and uncertainties, including market acceptance of games and international business risks.