Starbreeze Q3 sales fall 44% as EBITDA stays positive at SEK 17.3M
Starbreeze reported Q3 net sales of SEK 32.6M, down 44% year on year, while EBITDA was SEK 17.3M and operating cash flow stayed positive.
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what happened
Starbreeze AB posted third-quarter figures showing net sales of SEK 32.6 million, down from SEK 58.4 million a year earlier. According to the release, the drop stems mainly from leaving third-party publishing and finishing work-for-hire projects. EBITDA came in at SEK 17.3 million compared with SEK 19.3 million, while operating cash flow was SEK 16.5 million against SEK 21.8 million. Core game revenue held roughly steady at SEK 31.1 million versus SEK 32.5 million. The company also said the PAYDAY 3 player count tripled when the update launched, though turning that audience into sales and cash remains its priority.
Source: TradingView, citing the company's press release distributed via MFN.
why it matters
The quarter reflects a shift toward a business centered on PAYDAY. Sales dropped about 44%, yet EBITDA and cash flow stayed positive. Upcoming reports will reveal whether gains in the Crimebond and PAYDAY 3 audience can become lasting income.
market impact
Starbreeze shares: sharp sales decline alongside steady profitability gives a mixed signal
tags
instruments
sources
- Starbreeze AB (STAR_A) Q3 EBITDA Was SEK 17.3M as Net Sales Fell 44% YoY — TradingView, 12 November 2026 at 05:45 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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