Remedy working on mysterious new game, studio targets €100 million revenue by 2027

Remedy currently has two games in full-scale production, but a mysterious unannounced third game is on the fringes.

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Max Payne, Alan Wake, and Control developer Remedy Entertainment has announced their Q2'25 earnings report, showing current results and future plans. Remedy made 16.9 million euros in Q2, up 63% from last year. Despite the jump, Remedy's latest game, a three-player co-op shooter called FBC Firebreak, was a commercial disappointment at launch.

Remedy's report highlights what's on the horizon, confirming both Control 2 and the Max Payne 1 & 2 remakes are in full-scale production at the company. There's another enigmatic title in the pipeline, though; the presentation confirmed another game that Remedy plans to develop and self-publish.

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This makes sense; Remedy has to constantly churn out games content in order to stay in business, and it's not uncommon for studios to start pre-production planning on a new game even while projects are still in the works.

Remedy CEO Tero Virtala also re-affirmed the studio's ambitious plan to reach a record-breaking 100 million euros in revenue. Remedy hopes that by 2027, they will be able to double the 50.7 million euros that it made last year.

It's unclear what the funding situation is like for the new mystery game, however Remedy received a hefty influx from Tencent in 2024.

Last year, Chinese games giant Tencent bought nearly 15% of Remedy's shares. Fans were concerned this meant Remedy would start churning out microtransaction-ridden games, but the studio says the share purchase "won't change anything."

Here's what Remedy CEO Tero Virtala said about the Tencent share purchase in 2024:

"Tencent has been an owner at Remedy for a longer time, and Tencent naturally being in many senses the biggest gaming company in the world, they have ownerships in a lot of companies.

"After they had done this transaction, they reached out to us to say that this was a financial investment for them. They said that they have strong belief in our future potential and saw this as a good investment. That's where we are at the moment.

"We are continuing according to our strategy. We don't see this at the moment changing anything."