Remedy's Q3 Revenue Soars 226% Following Control Resonant Launch

Revenue Growth Driven by Game Launch

Remedy Entertainment's third quarter revenue surged to €39.6 million, a significant increase of 226% compared to the previous year. This growth follows the successful launch of Control Resonant, which debuted on September 24. CEO Jean-Charles Gaudechon described the launch as a "defining milestone for the company."

Sales Performance and Audience Expansion

Since its launch, Control Resonant has sold over one million copies, establishing it as Remedy's fastest-selling title. Nearly half of the game's sales came from the United States, with strong performance in Chinese-speaking regions and the UK for PC sales, while the UK, Canada, and Brazil led in console sales. Remarkably, about 50% of Resonant players are new to the Control franchise, indicating a successful outreach to new audiences.

Financial Highlights

In its financial report, Remedy noted that game sales and royalties contributed €35 million to the Q3 revenue, up from €6 million in the same quarter last year. Additionally, development fees from the Max Payne 1 & 2 remake and final fees for Resonant amounted to €4.3 million. As Remedy transitions to self-publishing, it anticipates a decrease in royalty expenses once initial investments are recouped.

Future Outlook

Gaudechon emphasized the importance of maximizing the game's reach, stating that positive player reviews and substantial wishlists—totaling 2.4 million—provide a strong foundation for ongoing sales. He also highlighted plans to invest strategically in marketing to support the game's long-term potential. With the success of Control Resonant, Remedy aims to leverage this momentum for future growth and upcoming projects.