Vivendi (VIV) Q3 2025 earnings summary

Executive summary

• Revenues for the first nine months of 2025 reached €213 million, up 5.2% at constant currency and perimeter year-over-year.

• Gameloft's transformation strategy drove growth, with PC/console revenues now nearly 45% of total segment revenues.

• Third quarter 2025 revenues were €68 million, slightly down from €69 million in Q3 2024.

Financial highlights

• Nine-month revenues increased to €213 million from €203 million in 2024, a 5.2% rise at constant currency and perimeter.

• Gameloft's revenues for the period were €210 million, up 5.2% at constant currency and perimeter.

• PC/console segment revenues rose 16.5% to €93 million, while mobile segment revenues declined 3.6% to €101 million.

• Top five games accounted for 58% of Gameloft's total revenues.

Segment performance

• Gameloft's PC/console revenues increased 16.5% year-over-year, now representing nearly 45% of total segment revenues.

• Mobile revenues decreased 3.6% year-over-year for the first nine months.

• B2B revenues grew 6.6% year-over-year.