5th November 2026 Remedy Entertainment Business Review Q3 2026 [w. Notes]

This week, Remedy Entertainment published its business review covering the third quarter of 2026.

As a publicly owned company, the studio reports internal developments and financials every quarter, providing insight into the progress of its development teams and its financial standing. While their main audience for those reports is their investors, it also provides the community with an opportunity to check in with the studio.

If you've read our previous breakdowns on these reports, you'll probably be very familiar with our setup. In this post, we'll examine the latest internal news and see what's next for the studio. Everything in black is what has been revealed in their previous H1 2026 Financial Review, with new details written in red. Extra details revealed in the webcast will be in green. Notes from us as we enjoy a ramble, are in blue.

As always, if you're interested in the numbers, I recommend checking out the reports directly to ensure that you're getting the most accurate data. In our round-ups, we look primarily at the company's changes, the projects it's working on, and the challenges and achievements it had in the reported time.

The original report was posted on the Remedy Investors website. The publication was followed by a livestream hosted Aapo Kilpinen (Investor Relations) and featuring Markus Mäki (Interim CEO), Santtu Kallionpää (CFO). You can watch the full broadcast HERE.

Highlights (Q3 2026)

Release. The digital edition of CONTROL Resonant launched on September 24th 2026, with a physical version set to follow. The launch provided the majority of the studio's total revenue for the quarter. 

Revenue. Revenue increased by 226.0% to €39.6m (prev. €12.2m in Q2)

EBITDA. EBITDA was EUR €6.8M (prev. €0.7m in Q2)

  

EBIT. Operating profit was EUR €0.6m (prev. -€16.4 in Q2)

Operating Profit Margin. Operating profit margin was 1.5% of revenue (prev. -135.1% in Q2) 

After The Review Period

Physical Media. The physical edition of CONTROL Resonant launched on October 15th, and was celebrated with a takeover campaign at Tripla in the studio's home capital. 

Milestone. CONTROL Resonant sold over one million copies.

Internal Developments 

CONTROL Resonant. As of October 15th, the game has sold over one million units, making it the fastest selling title in Remedy's thirty year history. For the PC side, upon launch, the US (which later accounted for nearly half of all sales), China and the UK were the biggest markets. The order changed a little for console versions with the US, UK, and Canada showing the highest spend. Around 50% of players were new to the CONTROL Franchise. 

The reports states that "excellent player reviews, penetration in all our target markets and a substantial outstanding wishlist base give a solid foundation for the game’s longer-term sales potential, supported by both organic visibility as well as our targeted marketing activities." Current wishlist numbers for the game stand at 2.4 million.

CONTROL. There's renewed interest with the upcoming launch of Resonant, bringing a fresh wave of new players discovering the series. Sales between July-September exceeded both earlier quarters. 

FBC: Firebreak. Available to play, sales mainly came from prior subscription service agreements. (Little context is given in the financial report for FBC Firebreak. While the servers are online, the game isn't an active project at the studio. The final update went live back in March 2026, although hopefully with the launch of Resonant, new fans can discover this hidden gem.) 

Max Payne 1&2 Remake. While Rockstar will be handling marketing for the Max Payne 1&2 Remake, Remedy can confirm that the title is in full production. There are no new updates regarding this game in the report.

Alan Wake 2. Lifetimes sales for Alan Wake 2 exceeded three million copies, and by the end of Q3, the development costs were "fully depreciated". 

Undisclosed Game. Remedy is working on an undisclosed game, which has been confirmed to be in the "Production Readiness" stage. This remains unchanged from Q2.

State of the Studio 

Self Publishing. Remedy plans to self-publish upcoming games, in which they own the IP for.

Alan Wake & CONTROL. The studio plans to grow and expand both the CONTROL and Alan Wake franchises describing them as "a key part of our future".

Partnership & Development Fees. Development fees pertaining to the Max Payne 1&2 Remake (Rockstar Games, presumably but not named) and the final development fee accrual for CONTROL Resonant (by Annapurna Pictures) totaled €4.1m.

Recap / Studio Goals 2025 - 2030

After completing their five year targets in 2024, the studio looked forward at the next set, with revised goals to take the studio to an even stronger level:

- Aim to have a sustainable and commercially successful studio by 2030.

- Exceed double the reported 2024 revenue by 2027.

- Have an EBITDA margin (a company's operating profit as a percentage of its revenue) of 30% by 2027, and maintain throughout the strategy period. 

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28th October 2026 CONTROL Resonant On Shortlist for Golden Joystick Awards 2026 Ultimate Game of the Year

While voting for the Golden Joystick Awards 2026 has been open for the past few weeks, the prestigious Ultimate Game of the Year category has just gone live. Delightfully, though perhaps no surprise to players, CONTROL Resonant is among those shortlisted for this final category. 

The Ultimate Game of the Year nomination brings Resonant's nominations up to three, having already secured shortlists for both Best Visual Design and Supporting Performer with Frankie Kevich (our Zoe De Vera).

For the GOTY category, the game must have been released between 8th November 2025 and 25th October 2026, a little later than the other categories. For this year's awards, it's tough competition, with CONTROL Resonant sharing the shortlist with 007 First Light, Big Walk, Crimson Desert, Dispatch, Forza Horizon 6, Phantom Blade Zero, Pokémon Pokopia, PRAGMATA, Resident Evil Requiem, STAR WARS: Galactic Racer, and The Blood of Dawnwalker.

Voting is now open to the public until October 30th. The results will be announced at the Golden Joystick Awards in Central London on November 11th, broadcast live on YouTube. Best of luck to Remedy, we will be cheering for you! 

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28th October 2026 Remedy's Animation Team Creates Perfect Halloween Celebration with "Be What You Want To Be"

[Spoiler Warning: If you're in the middle of CONTROL Resonant and haven't yet completed the "The Party Won't Stop" side mission, make sure to come back to this post after you complete it. It's an experience best left unspoiled.]

With Halloween just days away, Remedy has released a delicious treat to their YouTube channel: the complete version of "Be What You Want To Be". The piece is accompanied by a video, perfectly edited by their animation team. Originally a joke for the studio's Slack channel, naturally this specific Object of Power couldn't stay contained for long.

Now that we've successfully filled out the required character count for the home page summary, we can get to spoilers! 

While the FBC attempted to evacuate Manhattan residents at the first sign of an AWE, not everyone was unfortunate enough to reach the designated evac site. In the side mission "The Party Won't Stop", Dylan investigates the source of strange music heard at the West Incursion Site. His search comes to a close as he tracks down a deadly altered item to an apartment; it's a karaoke machine. Inside, compelled by the music, a group of partygoers are forced to dance until the karaoke song is completed. To restrain the item, Dylan bravely steps up to the microphone. Players then enter a minigame, of sorts, tasked with picking the correct word for Dylan to sing at the end of each line. Get the word wrong, and one of the dancers dies. It's a dark yet delightfully cheerful mission.

The track has now been put to a bizarrely beautiful music video, complete with one very familiar piece of choreography. Check it out below or on the Remedy YouTube channel, HERE!

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28th October 2026 CONTROL Resonant Now Available DRM-Free on GOG

CONTROL Resonant is now available to purchase on GOG!

While there are several major PC libraries available, including Steam and the Epic Games Store, GOG stands out from the rest due to its DRM-free policy. Often, when you purchase a game, it's now tied to a specific account and accessible only through their platform. (It's similar to how Kindle books are encrypted for use on Kindle or the Kindle App.) On GOG, their approach is that when you purchase a game, you own it. In a world where the subject of ownership is getting increasingly fuzzy due to the *gestures to Sony, but more broadly to the wider issue of unregulated genAI*, this kind of policy is a welcome alternative.

Both CONTROL Resonant Standard Edition (€57.69) and CONTROL Resonant Deluxe Edition (€69.25) are available to purchase at GOG. The Standard Edition includes only the main game, whereas the Deluxe Edition also comes with the Starter Resource Bundle, Untapped Artifact (Wallet), AWE Mission Outfit, Original Soundtrack (in-game) and Digital Artbook (in-game).

And if you're brand new to the series, CONTROL Ultimate Edition is currently available at 80% off! The bundle has the full range of expansions, additions (including Expeditions and Photo Mode), and outfits in one neat pack.

[GOG] Official CONTROL Resonant Synopsis:

After years in confinement at the hands of the Federal Bureau of Control (FBC), Dylan Faden emerges into a warped Manhattan at the peak of a paranatural crisis. Charged with combating a mysterious cosmic entity as it alters fundamental aspects of our reality, Dylan must harness his new-found powers to take the fight to the myriad threats overwhelming Manhattan.

Join Dylan in this sequel to the multi-award-winning CONTROL to explore the expansive zones of a city overrun by the corrupting influences of the chaotic Hiss, invasive micro-organism, the Mold, and other twisted paranatural threats. On the path to unlocking the full potential of his paranatural abilities Dylan will also seek out his sister, FBC Director Jesse Faden, as he bids to comprehend and contain the dangers that have spilled beyond the confines of the Oldest House to tear our world apart.

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