CONTROL Resonant drives record revenue at Remedy
Remedy Entertainment (the Finnish company known for games like Control, Alan Wake 2 and Max Payne) announced record results for Q3 2026, with revenue boosted by the launch of CONTROL Resonant, its first game developed and self-published at this scale.
CONTROL Resonant
- The game launched on September 24, 2026
- It sold 1 million copies by October 15, making it the fastest-selling game in the company’s history
- The quarter only captured pre-orders and the first 7 days of sales, which suggests the full financial benefits should show up in the following quarters
- The year to date (Jan-Sep) reached record revenue of EUR 62.9 million
Key Figures for the Quarter
- Revenue: EUR 39.6 million, an increase of EUR 27.5 million (about 229%) over the same quarter of the previous year (EUR 12.2 million)
- EBITDA: EUR 6.8 million (vs. a loss in Q3 2025)
- Operating Profit (EBIT): EUR 0.6 million, positive for the first time, compared with a loss of EUR 16.4 million the year before
- Cash position: EUR 24.1 million (including short-term investments)
- Gross profit margin: 83% over the last 12 months
Outlook
- The 2026 guidance remains unchanged: revenue and EBITDA are expected to grow compared with 2025
- No new numerical target was given for the full year
- Costs also went up, as is normal in launch quarters, with marketing spending concentrated around the release
Executive Comment
CFO Santtu highlighted that the margin improvement was driven by the higher level of revenue, even with rising costs, showing the company’s better operating leverage.
Source: Investing
Sapo
