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Pullup Entertainment's FY 2025/26 Financial Results Summary
Pullup Entertainment reported a full-year revenue of €281.4 million for FY 2025/26, a 27.8% decrease compared to the previous year. This decline reflects the absence of new Warhammer 40,000: Space Marine releases. Despite this, the back catalogue revenue reached a record €189 million, highlighting Pullup's strategic focus on recurring revenue sources.
The adjusted EBIT was €12.6 million, aligning with revised forecasts, yet significantly lower than the previous year's €60.3 million. The net debt stood at €85.7 million. The company faced a net loss of €12.9 million, contrasting sharply with a €19.4 million profit in the previous fiscal year.
Looking forward, Pullup plans to release over 10 new titles in FY 2026/27, with an ambitious lineup including "Resonance: A Plague Tale Legacy" and others. Beyond FY 2026/27, development is underway for around 15 core titles, focusing on strong creative propositions.
R. E.
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