Planet Coaster

Annual Report and Accounts 2025

Frontier Developments' Annual Report and Accounts for the year to 31 May 2025 documents a financial turnaround following the company's strategic reset in FY24 and its refocus on creative management simulation (CMS) games.

• Frontier Developments PLC achieved significant profitability and cash generation uplift in FY25, driven by a sharpened focus on CMS (Content Management System) games and a sustainable cost base.
• Revenue increased year-on-year in FY25, and gross profit rose to £63.3 million (up from £61.3 million in FY24), with an improved gross margin of 70% (up from 69% in FY24) due to a greater share of own-IP game revenue.
• Elite Dangerous, a long-standing space exploration title outside the CMS portfolio, saw 76% year-on-year revenue growth in FY25, supported by new content and increased player engagement.