In its latest financial disclosures PULLUP Entertainment revealed that Metal Slug Tactics developer Leikir Studio has been closed down.
"PULLUP Entertainment regularly adapts its organization and portfolio to focus on projects with the highest potential. In this context, the Group has decided to discontinue Leikir studio activity."
Revenue totaled €64.8 million in the 2025/26 third-quarter, down 36% from the previous year and €197.4 million in the first nine months of 2025/26, down 41% versus the previous year which benefited from the exceptional release of Warhammer 40,000: Space Marine 2. In just nine months, and excluding fiscal year 2024/25, we have already exceeded our previous record of €194.1 million, which was achieved over a full year in 2022/23.
New Releases generated €20.1 million of revenue during the third quarter of 2025/26, driven by the launch of Absolum and Marvel Cosmic Invasion, as well as continued sales of this fiscal year new releases, including Roadcraft and Train Sim World 6.
Back Catalogue revenue was up 41% in the third quarter of 2025/26. For the first nine months, it reached €137.1 million, a record level, up 43% compared with the previous year. Over the first nine months, Back Catalogue accounted for 69% of the Group’s total revenue, reflecting progress made to develop the recurrence of the business. This progress reflects the quality of PULLUP Entertainment’s titles, its teams’ expertise to grow the value of games several years after their release, and the ramp-up of Live operations that keep gamers engaged over the long term.
With over 600 employees across Europe and revenue of €390 million in 2024/25, PULLUP Entertainment operates through:
Two Publishing Divisions:
- FOCUS ENTERTAINMENT PUBLISHING, a global leader in publishing, known for successful titles such as A Plague Tale, SnowRunner and Warhammer 40,000: Space Marine 2.
- DOTEMU, a specialist in independent and retro gaming, publisher of Absolum, TMNT: Shredder’s Revenge, Streets of Rage 4 and Marvel Cosmic Invasion.
Five Development Studios & One Audiovisual Structure:
- DOVETAIL GAMES (Train Sim World), DECK13 (The Surge), BLACKMILL GAMES (WW1 Game Series), DOUZE DIXIÈMES (Shady Part of Me and Memories in Orbit), and CARPOOL STUDIO (new Live Service IP).
- SCRIPTEAM, dedicated to adapting our licenses into series and films.


