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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Beyond Frames
Beyond Frames (BEYOND) investor relations material
Beyond Frames Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary27 Aug, 2026
Executive summary
Q2 2026 saw a significant decline in sales and profitability, with sales dropping to 20,426 KSEK from 34,204 KSEK year-over-year and EBITDA falling to -2,404 KSEK from 6,021 KSEK.
The launch of TMNT: Empire City generated positive player feedback but failed to meet commercial expectations, leading to the withdrawal of long-term sales targets and a strategic shift toward cost reduction and higher-margin opportunities.
After the quarter, new project funding of USD 1.9 million was secured, and select publishing rights were sold for USD 1 million, strengthening liquidity and extending the operational runway through H1 2028.
Financial highlights
Q2 2026 sales were 20,426 KSEK, down 40% year-over-year; H1 2026 sales were 42,562 KSEK, down 42%.
EBITDA for Q2 was -2,404 KSEK (vs. 6,021 KSEK in Q2 2025); H1 EBITDA was -2,971 KSEK (vs. 9,082 KSEK).
Profit after financial items for Q2 was -9,137 KSEK (vs. -2,923 KSEK); H1 was -16,502 KSEK (vs. -6,681 KSEK).
Cash and cash equivalents at quarter-end were 9,621 KSEK, up from 8,608 KSEK a year earlier but down from 11,259 KSEK at the previous quarter-end.
Outlook and guidance
Cost reduction measures targeting annual savings of SEK 27-36 million are underway, with further project funding sought to support operations through H1 2028.
Strategic focus is shifting to higher-margin XR and adjacent interactive entertainment opportunities, including PC, console, and enterprise partnerships.
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Latest events from Beyond Frames
- Sales fell 43% and losses widened as cost-saving measures and strategic shifts were implemented.BEYOND
Q1 2026 - EBITDA up 133% in Q4 2025, with strong cost control and major VR title set for 2026.BEYONDQ4 2025
- Q3 2025 delivered stable recurring revenues, major project funding, and sets up for a strong Q4.BEYONDQ3 2025
- Record EBITDA and improved margins achieved, with profitability targeted through new launches and financing.BEYONDQ2 2025
- Revenue up 37% YTD, with strong game launches and high engagement driving future growth.BEYONDQ3 2024
- Record H1 sales and a robust game pipeline set the stage for future growth.BEYONDQ2 2024
- Revenue fell sharply, but new launches and financing position Beyond Frames for future growth.BEYONDQ1 2025
- Record revenue and EBITDA growth, but deeper losses as new VR titles and IPs are developed.BEYONDQ4 2024
Next Beyond Frames earnings date
Q3 202619 Nov, 2026
Beyond Frames
Next Beyond Frames earnings date
Q3 202619 Nov, 2026
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Frequently asked questions
Beyond Frames Entertainment AB is a Swedish company within the video games industry. The company focuses on developing and investing in digital games and entertainment, leveraging a network of studios with a specialization in Virtual and Augmented Reality. Its business model involves both the acquisition and organic development of new studios, showcasing a commitment to expanding the boundaries of digital entertainment through innovative technologies. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.