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Embracer Group AB (publ) (EBCRY) Q4 2026 Earnings Call May 20, 2026 3:00 AM EDT
Company Participants
Philip Rogers - Chief Executive Officer
Muge Bouillon - Group CFO
Lars Wingefors - Chair of the Board & Co-Founder
Conference Call Participants
Nicolas Langlet - BNP Paribas, Research Division
Rasmus Engberg - Kepler Cheuvreux, Research Division
Erik Larsson - SEB, Research Division
Presentation
Operator
Welcome to the Embracer Group Q4 and Full Year Report Conference Call. I'm Laurence, the Chorus Call operator. [Operator Instructions] And the conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Phil Rogers. He will now be joined into the conference room.
Philip Rogers
Chief Executive Officer
Good morning, everyone, and thank you for joining our webcast today covering Q4 and full year results. Muge and I welcome you today from Stockholm on voice and also on camera. And as usual, we have a short presentation to cover the main updates for our operating segments, a look at the financial performance and with our news this morning, we'll then spend most of our time looking ahead to cover the next step for Embracer Group before turning over to the Q&A. So with that, let's get going.
Overall, our quarterly results reflect another delivery above plan on both the revenue and adjusted EBIT side. Total net sales were SEK 3.9 billion, a 10% organic drop year-over-year, which we'll see comes from PC/Console, which had some tough comps to Q4 last year with the launch of Kingdom Come: Deliverance II. Mobile and entertainment services both delivered growth in Q4.
Now as we said in February, we took positivity into Q4, and it shows here on a core IP theme, Kingdom Come continued to deliver. Overall Q4 free cash flow
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