Remedy Q2 Revenue Drops 40%, But CONTROL Resonant Wishlists Hit 1.5 Million

Remedy Entertainment reported a sharp 40% year-over-year revenue drop in the second quarter of 2026, bringing total earnings down to EUR 10.2 million. This financial dip reflects a difficult comparison against the previous year, which benefited from launch accruals for FBC: Firebreak. Despite the quarterly shortfall, the studio maintained a positive EBITDA of EUR 0.5 million for the first half of the year. Investors and players are watching closely because the company expects its full-year financial outlook to improve once its next major title launches.

Pre-launch interest in the sequel offsets the studio's recent financial dip

The primary catalyst for this renewed optimism is CONTROL Resonant, the sequel to the acclaimed supernatural thriller. Remedy confirmed that the game is scheduled for a worldwide release on September 24, 2026. Pre-launch momentum is already strong, with wishlist numbers crossing the 1.5 million mark ahead of the official drop. The high wishlist count indicates strong player interest in the upcoming title.

Financial data for the first half of 2026 shows a broader 23.1% revenue decline, totaling EUR 23.3 million. However, the company remains profitable on an EBITDA basis, suggesting that operational costs are well-managed during this development cycle. Remedy continues to project growth for the full year 2026, anticipating that the launch of CONTROL Resonant will reverse the recent downward trend. The studio's financial outlook depends on the successful launch of the new game.

Alan Wake 2 continues to perform well in the long tail, having surpassed 3 million lifetime sales copies. Alan Wake 2 has surpassed 3 million lifetime sales copies, providing ongoing revenue. The combination of strong wishlist metrics for CONTROL Resonant and steady sales for Alan Wake 2 gives the company confidence in its current pipeline. We have been tracking CONTROL Resonant closely — see our earlier coverage on Remedy Entertainment Announces CONTROL Resonant Sequel.

Remedy Entertainment is now waiting for the September 24 launch to validate its financial projections. The company maintains its full-year 2026 outlook, expecting revenue and EBITDA growth post-launch. Remedy Entertainment reported a 40% year-over-year revenue drop in Q2 2026, falling to EUR 10.2 million. CONTROL Resonant wishlists have crossed 1.5 million ahead of its September 24, 2026 launch.