
Gamehaus reports Q3 2026 profit growth amid strategic pivot
Gamehaus Holdings (NASDAQ:GMHS) reported its unaudited financial results for the third quarter of fiscal year 2026, ended March 31, 2026.
The Shanghai-based mobile game publisher navigated a complex market environment by prioritizing operational efficiency, resulting in a modest increase in profitability despite a contraction in top-line revenue.
For the third quarter, Gamehaus reported total revenue of US$26.2 million, a 9.1% decrease compared to the same period in the prior fiscal year.
The company attributed this decline to shifting market conditions and the transition phase of its "Gamehaus 2.0" strategic framework, which seeks to integrate the company more deeply into the full lifecycle of its partner games.
Management successfully mitigated the revenue impact through rigorous cost management.
Operating costs for the quarter fell by 10.1% year-over-year to US$25.7 million, allowing the company to report a net income of US$0.5 million, representing a 16.4% improvement over the previous year's third-quarter results.
The company’s balance sheet remains stable, with cash and cash equivalents reaching US$18.3 million as of March 31, 2026, up from US$15.2 million on June 30, 2025.
As part of its capital allocation strategy, Gamehaus continued its commitment to shareholder value through a US$5 million share repurchase program.
During the third quarter, the company repurchased approximately 392,000 Class A shares for a total consideration of about US$482,000.
Looking ahead to the fourth quarter of fiscal 2026, Gamehaus provided revenue guidance in the range of US$23 million to US$26 million.