Q1 2026 Snail Inc Earnings Call Transcript

May 13, 2026 / 08:30 PM GMT

Release Date Price: $0.5021 (-0.08%)

Transcript 10-Q8-K

Key Points

Positve

Snail Inc (SNAL) reported a 35.7% increase in net revenue to $27.3 million compared to the same period last year.
Net income increased by 210% to $2.1 million, reversing a net loss from the previous year.
The company has a diversified content pipeline, including three AAA titles in the final phases of development.
ASA total units sold for the quarter rose to 1.4 million, supported by successful promotions and DLC launches.
Snail Inc (SNAL) reduced annual licensing fees by $6 million, allowing for reinvestment into upcoming titles.

Negative

Revenue from Art Mobile and ASE decreased, impacting overall revenue growth.
Operating expenses increased due to higher provision for income taxes and cost of revenue.
The company faces risks and uncertainties related to forward-looking statements and market conditions.
The stablecoin business is still in the application phase for money transmitter licenses across multiple states.
Salty TV, while growing, is not the main revenue model and still requires strategic improvements.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SNAL.OQ - Snail Inc
Q1 2026 Snail Inc Earnings Call
May 13, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Thank you for standing by, and welcome to Snails, Inc. First Quarter 2026 Earnings Conference Call and Webcast.

I would like to now turn the call over to Stephen Szymanski with Investor Relations. Please go ahead.

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Unidentified_2 [2]
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Thank you and good afternoon, everyone. Welcome to Snail Inc.'s first quarter 2026 earnings conference call and webcast.

Joining us for today's call are Snail Inc.'s Chief Executive Officer, Hai Xi, Chief Financial Officer, Heidi Chao, and Senior Vice President, Director of Business Development and Operations, Peter Kang.

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