AI brief of an SEC Form 8-K · Motorsport Games Inc. (MSGM)

Motorsport Games Q2 revenue up 36.6% to $3.5 million; net income falls to $0.2 million

Mixed Impact 3 of 5 earnings Written later

Motorsport Games reported second-quarter 2026 revenue of $3.5 million, up 36.6% from a year earlier, and first-half revenue of $7.6 million, up 74.0%. Net income fell to about $0.2 million from $4.2 million, and diluted EPS was $0.08 versus $0.82, because the prior-year quarter included non-recurring gains and development spending nearly tripled.

Key points

  • Q2 2026 revenue was $3.5 million versus $2.6 million in Q2 2025, an increase of 36.6%; six-month revenue was $7.6 million, up 74.0%.
  • Q2 2026 net income was about $0.2 million versus $4.2 million in Q2 2025; the prior year included $2.3 million in foreign exchange gains and a $0.8 million Wesco Settlement Agreement gain.
  • Non-GAAP Adjusted diluted EPS was $0.19 in Q2 2026 versus $0.25 a year earlier, and $0.33 for the six months versus $0.24; Q2 Adjusted EBITDA was $0.8 million versus $1.4 million.
  • Cash and cash equivalents were about $3.9 million at June 30, 2026, and $1.2 million was drawn on a $3 million Citibank revolving line of credit.

The filing

CompanyMotorsport Games Inc. (MSGM)
Form8-K, current report
Filed with the SECAug 14, 2026, 4:10 PM ET
Accession number0001493152-26-038359

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.