Atari reported annual revenue of €56 million ($65 million) for the fiscal year ending March 31, 2026, marking its highest revenue in more than a decade. This follows a period where the Paris-based video game developer filed for bankruptcy protection just over a decade ago, specifically when its US subsidiaries filed for Chapter 11 bankruptcy protection in 2013 due to heavy debt.
The company's revenue increased by approximately 67% compared to the previous fiscal year, which saw revenue of €33.6 million.
Rise in Atari's Games revenue to €46.1 million
The Games division accounted for more than 80% of the total revenue. During the 2026 fiscal year, Atari released approximately 17 new games and versions across various platforms.
Hardware revenue saw an 83% increase, reaching €7.3 million. This growth comes as the company shifts its strategy toward mining back catalogues and nostalgia-driven franchises rather than investing in costly new blockbusters.
Atari's recent activity includes acquiring the IP rights to five Ubisoft titles: Child of Eden, Grow Home, Grow Up, Cold Fear, and I Am Alive. Additionally, the company purchased the developer of Crossy Road, Hipster Whale, for $29.3 million and raised its stake in Swedish video game publisher Thunderful to 97%.
Profitability and Cash Flow
Excluding Thunderful, Atari's operating income was €0.9 million, compared to an €0.8 million loss the previous year. Net income, also excluding Thunderful, was €0.1 million, up from a €12.6 million loss in the prior year. Cash flow from operations was reported at €11.0 million.
Reaching operational profitability for the first time in several years
Wade Rosen, CEO of Atari, expressed confidence that the company is positioned to continue generating sustainable growth.
