Motorsport Games Inc. (MSGM) stock
MSGMNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 14/3054% below fair value
$4.35−0.03 (-0.68%)
Close on Nov 11, 2026Market cap $19.96MP/E 10.1Yield –
Motorsport Games gross margin
Gross margin is gross profit as a percentage of revenue.
Motorsport Games's gross margin for the twelve months ending Sep 30, 2026 was 85.6%. For fiscal 2025 it was 81.5%, against 62.9% the year before. The highest annual figure on record is 81.5% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 81.5% | +18.6 |
| FY2024 | Dec 31, 2024 | 62.9% | +15.3 |
| FY2023 | Dec 31, 2023 | 47.6% | −4.4 |
| FY2022 | Dec 31, 2022 | 52.0% | +1.9 |
| FY2021 | Dec 31, 2021 | 50.1% | −15.3 |
| FY2020 | Dec 31, 2020 | 65.4% | +6.6 |
| FY2019 | Dec 31, 2019 | 58.7% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 88.0% | +7.3 |
| Q2 FY2026 | Jun 30, 2026 | 81.8% | −0.7 |
| Q1 FY2026 | Mar 31, 2026 | 87.2% | +13.6 |
| Q4 FY2025 | Dec 31, 2025 | 85.0% | +39.3 |
| Q3 FY2025 | Sep 30, 2025 | 80.7% | +20.5 |
| Q2 FY2025 | Jun 30, 2025 | 82.4% | +23.5 |
| Q1 FY2025 | Mar 31, 2025 | 73.5% | −4.5 |
| Q4 FY2024 | Dec 31, 2024 | 45.8% | −15.7 |
| Q3 FY2024 | Sep 30, 2024 | 60.2% | +9.3 |
| Q2 FY2024 | Jun 30, 2024 | 59.0% | +8.8 |
| Q1 FY2024 | Mar 31, 2024 | 78.0% | +50.2 |
| Q4 FY2023 | Dec 31, 2023 | 61.4% | +0.9 |
| Q3 FY2023 | Sep 30, 2023 | 50.9% | +0.2 |
| Q2 FY2023 | Jun 30, 2023 | 50.2% | −7.2 |
| Q1 FY2023 | Mar 31, 2023 | 27.8% | −11.6 |
| Q4 FY2022 | Dec 31, 2022 | 60.6% | +20.0 |
| Q3 FY2022 | Sep 30, 2022 | 50.7% | −4.9 |
| Q2 FY2022 | Jun 30, 2022 | 57.4% | −2.1 |
| Q1 FY2022 | Mar 31, 2022 | 39.4% | −29.0 |
| Q4 FY2021 | Dec 31, 2021 | 40.5% | −14.0 |
| Q3 FY2021 | Sep 30, 2021 | 55.6% | −11.9 |
| Q2 FY2021 | Jun 30, 2021 | 59.5% | −7.8 |
| Q1 FY2021 | Mar 31, 2021 | 68.4% | +1.4 |
| Q4 FY2020 | Dec 31, 2020 | 54.5% | – |
| Q3 FY2020 | Sep 30, 2020 | 67.5% | – |
| Q2 FY2020 | Jun 30, 2020 | 67.3% | – |
| Q1 FY2020 | Mar 31, 2020 | 67.0% | – |
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