SNAL

EX-99.1

2 ex99-1.htm

EX-99.1

Exhibit 99.1

Snail, Inc. Reports First Quarter 2026 Financial Results

CULVER

CITY, Calif., May 13, 2026 (GLOBE NEWSWIRE) – Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, today announced financial results for the first quarter ended March 31, 2026.

First Quarter 2026 and Recent Operational Highlights

ARK Franchise Updates:

●

ARK:

Survival Evolved (“ASE”):

○ Units sold were approximately 573,000 for the first quarter of 2026

○ During the first quarter of 2026, average daily active users (“DAU”) was 117,000 and peak DAU was 143,000

●

ARK:

Survival Ascended (“ASA”):

○ Units sold were approximately 1.4 million for the first quarter of 2026

○ During the first quarter of 2026, average DAU was 127,000 and peak DAU was 188,000

●

ARK:

Ultimate Mobile Edition (“ARK Mobile”):

○ 11.9 million downloads as of March 31, 2026

○ During the first quarter of 2026, average DAU was 141,000

Game Portfolio and Business Updates:

● For The Stars

○ Released new developer diary, offering an in-depth look at the upcoming AAA title’s current development progress, including new pre-alpha footage and previously unreleased concept art

○ Revealed event-exclusive trailer during 2026 Games Developers Conference (“GDC”)

● Introduced PixARK Worlds, a new title in development that features revolutionary user-generated content designed to further expand the ARK universe on Steam, Xbox, PlayStation, and the Nintendo Switch 2

● Bellwright

○ Surpassed 1 million downloads on Steam Early Access, announced console port plans to Xbox and PlayStation, and launched the Maiden Voyage update.

● Launched Echoes of Elysium on Steam Early Access in partnership with Loric Games

● Launched Survivor Merc’s 1.0 version across Steam, Xbox, and PlayStation

● Launched Above the Snow on Steam

● Announced publishing agreement for co-op party action title Dead Party

● Unveiled new upcoming indie title, Gobby Gang, at 2026 GDC

● As of March 31, 2026, SaltyTV released 250+ short film dramas

ARK Content Pipeline

Title

Platforms

Type

Release Schedule

ARK Fantastic Tames Season 1 Pack

Steam, Xbox, PlayStation

DLC Creatures

May 2026

ARK Tides of Fortune

Steam, Xbox, PlayStation

ASA DLC

June 2026

ARK Genesis Part 1 (ASA Remake)

Steam, Xbox, PlayStation

ASA DLC Remake

June 2026

ARK Dragontopia

Steam, Xbox, PlayStation

ASA DLC

December 2026

ARK World Creators

Steam, Xbox, PlayStation

ASA Content Creation Tool

2026

ARK Survival of the Fittest

Steam, Xbox, PlayStation

ASA Game Mode

2026

PixARK Worlds

Steam, Xbox, PlayStation, Nintendo Switch 2

New Title

2026/2027

ARK Atlantis

Steam, Xbox, PlayStation

ASA DLC

2027

ARK Galaxy Wars

Steam, Xbox, PlayStation

ASA DLC

2027

ARK Legacy of Santiago

Steam, Xbox, PlayStation

ASA DLC

2027

Diversified Content Pipeline

Title

Platforms

Type

Release Schedule

Bellwright

Steam, Xbox, PlayStation

1.0 Launch

2026

Dead Party

Steam

Indie Title

2026

Gobby Gang

Steam

Indie Title

2026

Stoneguard

Steam

Indie Title

2026

For The Stars

Steam

AAA Title

TBD

Nine Yin Sutra: Immortal

Steam

AAA Title

TBD

Nine Yin Sutra: Wushu

Steam

AAA Title

TBD

Management Commentary

“We exited 2025 with tailwinds that positioned Snail for stronger and more stable growth and results,” said Company CEO Hai Shi. “Momentum from the ASA pipeline we announced in December, the launch of ARK Lost Colony DLC, and the subsequent Steam Winter Sale event supported net revenue growth and a return to net income positive. Looking ahead, we aim to deliver year-over-year growth in Q2, driven by several upcoming ARK content releases. We have a Fantastic Tames Season 1 Expansion Pack coming in May 2026, and ARK Tides of Fortune to launch alongside the remake of Genesis Part 1 coming to ASA in June 2026 to provide a foundation for the quarter to build on. Approximately $11 million from our deferred revenue backlog is expected to be recognized upon the release of Genesis Part 1.

“Beyond ARK, Snail Games continues to execute on its strategy to eventually become a fully integrated game developer and publisher. Our upcoming AAA titles represent an important step toward building new franchises with the potential for multi-year to multi-decade game lifespans that can complement the scale of ASE and ASA. As previously disclosed, these projects have entered their final phases of development, and the eventual launch of these games position us to meaningfully diversify our revenue mix beyond ARK. With multiple gaming events and planned updates throughout the year, we look forward to sharing additional information on For the Stars, Nine Yin Sutra: Immortal, and Nine Yin Sutra: Wushu.

“The next 12-18 months will serve as an inflection period for Snail Games as we work to advance our ARK pipeline and deliver on the investments we have made across our broader pipeline. Over t

EX-99.1

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EX-99.1

Exhibit 99.1

Snail, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results

CULVER

CITY, Calif., March 19, 2026 (GLOBE NEWSWIRE) – Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, today announced financial results for the fourth quarter and full year ended December 31, 2025.

Fourth Quarter 2025 and Recent Operational Highlights

ARK Franchise Updates:

●ARK:

Survival Evolved (“ASE”):

○Units sold were approximately 579,248 for the fourth quarter 2025

○During the fourth quarter of 2025, average daily active users (“DAU”) was 105,468 and peak DAU was 137,404

●ARK:

Survival Ascended (“ASA”):

○Units sold were approximately 691,872 for the fourth quarter 2025

○During the fourth quarter of 2025, average DAU was 91,123 and peak DAU was 147,572

○Launched ARK Lost Colony DLC

○Launched ‘ARK x Teenage Mutant Ninja Turtles’ Cosmetic Pack in collaboration with Look North World

●ARK:

Ultimate Mobile Edition (“ARK Mobile”):

○Surpassed 10 million downloads as of December 31, 2025

○During the fourth quarter of 2025, average DAU was 129,861

●2026 / 2027 ASA Content Roadmap

○2026

■ARK

World Creator (scheduled for May 2026)

■ARK

Bob’s True Tales – Tides of Fortune (scheduled for June 2026)

■ARK

Genesis Part 1 (ASA remake)

■ARK

Survival of the Fittest (“SOTF”)

■ARK

Dragontopia (scheduled for December 2026)

○2027

■ARK

Atlantis

■ARK

Bob’s True Tales – Galaxy Wars

■ARK

Legacy of Santiago

Game Portfolio Updates:

●2026 Games Developers Conference (“GDC”)

○Introduced PixARK Worlds, a new title in development that features revolutionary user-generated content designed to expand the ARK universe onto the Nintendo Switch 2

○Revealed event-exclusive trailer for upcoming AAA title For The Stars

○Unveiled new indie title, Gobby Gang

●Bellwright surpassed 1 million downloads on Steam Early Access, announced console port plans to Xbox and PlayStation, and launched the Maiden Voyage update. Following the launch of the update, the title achieved its highest Steam concurrent user peak of the year and sold over 166,000 units in Q4 2025

●Launched Echoes of Elysium on Steam Early Access in partnership with Loric Games

●Participated in the Steam Winter Sale, resulting in double digit sales multiples for ASA and Bellwright

●Launched Rebel Engine in partnership with Seven Leaf Clover. The title demonstrated notable creator engagement, partnering with VTuber Hakos Baelz and Spanish gaming creator Joseju

●Announced strategic collaboration with Noiz at TwitchCon to strengthen gaming portfolio visibility with streamers

Business Updates:

●Minted the first official $USDO stablecoin during the Company’s December 2025 Investor Day

●Debuted Golden Poop, a commemorative digital meme collectible created to humorously acknowledge gaming culture and industry satire

●As of December 31, 2025, SaltyTV released 100+ short film dramas

●Three of SaltyTV’s titles were recognized by the International Short Drama Association:

○My Ex’s Best Friend recognized for Best Revenge-Driven Narrative

○Hollywood Heartthrob recognized for Most Charismatic Screen Presence

○Faux Fiancé recognized for Best Destiny-Bound Narrative

Management Commentary

“The fourth quarter provided strong visibility into the momentum we expect across the ARK franchise over the next two years. In addition to launching ARK: Lost Colony, ASA’s first standalone DLC expansion pack, we introduced robust ASA content and DLC roadmap during our December Investor Day. The 2026 slate includes the ARK SOTF remake, ARK World Creator for consoles, ARK Bob’s True Tales – Tides of Fortune, the ASA remake of ARK Genesis Part 1, and ARK: Dragontopia. Since launching in October 2023, ASA has surpassed 4 million units sold, and our expanded roadmap reflects our commitment to sustained franchise growth and increased revenue visibility through 2027.

“Beyond ARK, we are continuing to invest, advance, and scale our broader game portfolio. We are particularly encouraged by the meaningful progress made across our developing AAA games; For The Stars, Nine Yin Sutra: Immortal, and Nine Yin Sutra: Wushu. AAA games are high-budget, high-profile projects that are designed to deliver expansive worlds, cutting-edge visuals, and robust marketing campaigns that far exceed those of typical indie releases. These games, while still in development, represent Snail’s investment and expansion into other AAA games outside of ASE and ASA. These three games have represented a core pillar of our long-term investment strategy over the past few years. Being classified as an AAA game, we believe these titles offer substantial upside with an attractive profit margin profile compared to many of our other games. The progress made has been encouraging, and we are excited to continue developing and sharing updates. At the recent GDC event, we shared an event-exclusive traile

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2025-11-12 2025-11-12

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 12, 2025

Snail, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-41556

88-4146991

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS

Employer

Identification Number)

12049 Jefferson Blvd

Culver City, CA 90230

(Address of principal executive offices) (Zip Code)

+1 (310) 988-0643

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, $0.0001 par value per share

SNAL

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 2.02 Results of Operations and Financial Condition.

On November 12, 2025, Snail, Inc. (“Snail”) issued a press release announcing its financial results for the third fiscal quarter ended September 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1.

Neither the information in this Current Report on Form 8-K nor the information in the press release attached hereto as Exhibit 99.1 shall be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Press Release dated November 12, 2025, relating to Snail, Inc.’s financial results for its third fiscal quarter ended September 30, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SNAIL,

INC.

Date: November 12, 2025 By: /s/ Hai Shi

Name: Hai Shi

Title: Founder, Chief Executive Officer, Chief Strategy Officer and Chairman of the Board of Directors