Allied Gaming 2025 Q3 Earnings Deepening Losses Amid 34% Net Income Drop

Allied Gaming(AGAE), ranked by market capitalization, reported its fiscal 2025 Q3 earnings on Nov 19th, 2025. The results fell short of expectations, with revenue declining 14.6% to $1.85 million and net losses widening by 34% to $5.40 million. The company has posted losses for seven consecutive years, signaling persistent financial challenges. No formal guidance was provided, leaving investors with uncertainty about future performance.

Revenue

Total revenue for Allied Gaming’s Q3 2025 dropped 14.6% to $1.85 million, driven by a contraction in in-person gaming, which generated $1.01 million. Multiplatform content contributed $67,000, while casual mobile gaming accounted for $837,862. These figures highlight a broad-based revenue slowdown across core segments.

Earnings/Net Income

Allied Gaming’s losses deepened to $0.14 per share in 2025 Q3 from a loss of $0.11 per share in 2024 Q3 (27.3% wider loss). Meanwhile, the company’s net loss widened to $-5.40 million in 2025 Q3, representing a 34.0% increase from the $-4.03 million loss recorded in 2024 Q3. The Company has sustained losses for 7 years over the corresponding fiscal quarter, highlighting ongoing financial headwinds. The company’s earnings per share and net income both reflect deteriorating performance, with losses expanding year-over-year, underscoring ongoing financial instability.

Price Action

The stock price of Allied Gaming has climbed 5.34% during the latest trading day, has plummeted 15.23% during the most recent full trading week, and has plummeted 39.90% month-to-date.

Post-Earnings Price Action Review

Following the earnings report, Allied Gaming’s stock price showed mixed signals. A 5.34% gain on the latest trading day was offset by a 15.23% weekly decline, with the month-to-date drop reaching 39.90%. This volatility reflects investor uncertainty amid the company’s continued losses and lack of clear guidance.

CEO Commentary

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Guidance

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Additional News

No significant non-earnings related news was reported by Allied Gaming within the three weeks preceding Nov 19th, 2025. The company did not announce M&A activity, C-level changes, or dividend/buyback initiatives during this period.