Remedy Entertainment Half-Year Financial Report: January-June 2026

Key insights

6 takeaways

01
Remedy Entertainment reported Q2 2026 revenue of €10.2 million, a 40% year-over-year decline, resulting in an operating loss of -€3.9 million due to the absence of new game launches.See it on page 18
02
Control Resonant has secured over 1.5 million wishlists and achieved top-three pre-order status in major markets, including strong performance in China.See it on page 9
03
The marketing campaign for Control Resonant has generated over 20 billion impressions ahead of its upcoming multi-platform release.See it on page 9
04
Alan Wake 2 has surpassed 3 million lifetime sales, while the original Control has reached a milestone of over 20 million lifetime players.See it on page 11
05
Despite the first-half losses, the company maintains its full-year 2026 outlook, projecting growth in both total revenue and EBITDA.See it on page 26
06
Development resources are currently concentrated on three primary projects: the final production phase of Control Resonant, the Max Payne 1&2 remake, and an unnamed new title.See it on page 14

Summary

The Remedy Entertainment half-year financial report for January–June 2026 outlines the company’s current business performance, focusing on the marketing ramp-up for the upcoming title Control Resonant and the ongoing commercial lifecycle of its existing portfolio. The primary thesis centers on the transition toward a major product launch, characterized by significant investment in global marketing campaigns and the strategic positioning of Control Resonant as a high-quality, multi-platform release.

Financial results for the second quarter of 2026 reflect a period of investment, with revenue totaling €10.2 million, a 40% decrease compared to the same period in the previous year. This decline is attributed primarily to the absence of new game launches in the current quarter, contrasted against the prior-year release of FBC: Firebreak. Consequently, the company reported an EBITDA of -€2.4 million and an operating loss of -€3.9 million. Despite these figures, the company maintains its full-year outlook, projecting growth in both revenue and EBITDA for 2026.

Key operational highlights include the successful reveal and marketing campaign for Control Resonant, which has generated over 20 billion impressions and positive critical sentiment. Commercial indicators for the title are strong, with over 1.5 million wishlists and top-three pre-order status in major markets, including significant traction in China. Existing titles continue to contribute to the company’s ecosystem, with Alan Wake 2 surpassing 3 million lifetime sales and the original Control maintaining momentum with over 20 million lifetime players.

The company’s methodology relies on internal analytics and market data to track pre-order volume and campaign reach across global territories. Development remains focused on three primary pillars: the final production phase of Control Resonant, the Max Payne 1&2 remake, and a new, unnamed project. The report concludes that the company is well-positioned for the second half of the year, prioritizing quality-led development and strategic platform availability to drive long-term franchise growth.