Market (Overall)·Updated Mar 17, 2026 by Paradox Interactive
Paradox Interactive achieved record annual revenues of MSEK 2,642.1 in 2023, marking a 34% increase driven by Cities: Skylines II and core live-service titles.
Operating profit fell 26% to MSEK 657.9, primarily due to a MSEK 250.4 write-down following the commercial underperformance of The Lamplighters League.
The PC segment remains the company's dominant platform, generating 2.29 billion KSEK of the total annual revenue.
Parent company profit declined to 333.5 million KSEK from 551.9 million KSEK in 2022, impacted by a doubling of depreciation and amortization costs.
Despite profit volatility, the company maintained a strong liquidity position with cash and equivalents rising to MSEK 1,098.0.
The Board proposed an increased dividend of SEK 3.00 per share for 2024, reflecting confidence in the long-term stability of the live-service portfolio.
Paradox Interactive achieved record annual revenues of MSEK 2,642.1 in 2023, marking a 34% increase driven by Cities: Skylines II and core live-service titles.
Operating profit fell 26% to MSEK 657.9, primarily due to a MSEK 250.4 write-down following the commercial underperformance of The Lamplighters League.
The PC segment remains the company's dominant platform, generating 2.29 billion KSEK of the total annual revenue.
Parent company profit declined to 333.5 million KSEK from 551.9 million KSEK in 2022, impacted by a doubling of depreciation and amortization costs.
Despite profit volatility, the company maintained a strong liquidity position with cash and equivalents rising to MSEK 1,098.0.
The Board proposed an increased dividend of SEK 3.00 per share for 2024, reflecting confidence in the long-term stability of the live-service portfolio.