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DON'T NOD's 2025 Financial Results

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Video game studio DON'T NOD has announced a more than fourfold increase in revenue, reaching €13.7 million in 2025, primarily thanks to its strategic partnership with Netflix. This partnership has boosted development revenue while also significantly contributing to sales.

Despite a 13% decrease in economic operating income compared to 2024, DON'T NOD has managed to optimize its expenses through a performance plan aimed at significant savings, particularly in Paris and Montreal, generating a 12% reduction in personnel costs.

As of December 31, 2025, the company had €15.4 million in cash, but remained dependent on external financing for its continued operation beyond January 2027. Discussions to secure this financing are ongoing, with a focus on financing the P14 project.

R. H.

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