Atari's core business returns to profit, but consolidated group posts $5.5m net loss as Thunderful drags on results

Atari's core business returns to profit, but consolidated group posts $5.5m net loss as Thunderful drags on results Revenue hits a decade high but "profit" depends entirely on which numbers you're looking at Atari has released its consolidated financial results for the full 2025-26 fiscal year, reporting revenue growth of 66% year-on-year to $65 million (€56.0 million), its highest level in more than a decade, driven largely by the acquisition of Swedish publisher Thunderful and continued growth across its Games and Hardware lines. Here's what you need to know: The numbers: For the full year ending March 31, 2026 - Current operating income/(loss): -$7.7 million (-€6.7 million) with Thunderful; $1.0 million (€0.9 million) excluding - Net income/(loss): -$5.5 million (-€4.8 million) with Thunderful; $0.1 million (€0.1 million) excluding The highlights: Atari's Games segment released 30 titles across owned and licensed IP during the year, including Mortal Kombat: Legacy Kollection, System Shock 2: 25th Anniversary Remaster, and a next-generation console release of RollerCoaster Tycoon Classic. Games revenue rose 67.7% YoY to $53.2 million (€46.1 million), or 25% to $39.5 million (€34.3 million) excluding Thunderful. That second figure, excluding Thunderful, jumped to $4.5 million (€3.9 million) from a $4.5 million (€3.9 million) loss a year earlier — but Atari says that swing is mostly down to a one-off, non-cash accounting gain of $5.1 million (€4.4 million) linked to the Thunderful deal and not a sign the underlying business grew.