Once-bankrupt Atari returns to profit with decade-high revenue

Reuters

Mon, August 3, 2026 astatine 2:12 AM CDT 1 min read

Aug 3 (Reuters) - Video crippled developer Atari reported yearly gross of €56 cardinal ($65 million) connected Monday, its ‌highest successful much than a decade, arsenic a ‌strategy built connected reviving aged franchises and buying up studios pulled ​the Paris-based institution backmost into profit.

Atari, the arcade and console pioneer that filed for bankruptcy extortion conscionable implicit a decennary ago, is riding a broader manufacture displacement toward ‌mining backmost catalogues ⁠and nostalgia-driven franchises alternatively of costly caller blockbusters, a inclination it has embraced done ⁠a question of workplace and IP acquisitions implicit the past year.

Over the past year, Atari raised its involvement successful ​Swedish video ​game steadfast Thunderful to ​97%, bought Crossy Road-maker ‌Hipster Whale for $29.3 cardinal and the IP rights to 5 Ubisoft titles, including Child of Eden and Grow Home.

• CEO Wade Rosen said Atari was "reaching operational profitability for the archetypal clip successful respective years" and that helium ‌was assured it would proceed ​to make sustainable maturation

• Atari's Games ​revenue roseate 67.7% ​to €46.1 million, portion Hardware gross jumped 83% ‌to €7.3 cardinal

• Current operating income ​turned affirmative ​at €0.9 million, versus a €0.8 cardinal nonaccomplishment a twelvemonth ago, excluding Thunderful

• Net income excluding Thunderful was €0.1 million, compared ​with a €12.6 cardinal ‌loss past year; currency travel from operations was €11.0 ​million

($1 = 0.8674 euros)

(Reporting by Leo Marchandon successful ​Gdansk, editing by Milla Nissi-Prussak)