Top 5 Squad RPGs on Unified Platform in Panama: Q3 2025

In the third quarter of 2025, Panama saw significant activity in the Squad RPG category on a unified platform, combining data from both iOS and Android. Here's a breakdown of the top-performing applications:

Umamusume: Pretty Derby by Cygames, Inc. launched with notable impact. Weekly revenue peaked at around $1.4K in mid-July, while downloads started at 733, reaching a low of 165 by September. Active user numbers were robust, starting at 951 and climbing to a peak of 2K in mid-July before gradually declining to 1.5K by the end of the quarter.

Hero Wars: Alliance Fantasy from Nexters Global LTD maintained a steady revenue stream, fluctuating around $300 to $350 weekly. Downloads showed a gradual increase, peaking at 461 in early August, while active users remained consistent, ranging from 2K to 2.5K throughout the quarter.

KAIJU NO. 8 THE GAME by Akatsuki Games Inc. experienced a rising trend in its early weeks post-launch. Revenue started at $49, peaking at $245 in early September. Downloads and active users showed initial spikes, reaching 889 and 641 respectively in early September, before tapering off.

RAID: Shadow Legends from Plarium Global Ltd displayed strong revenue performance, particularly in the last week of September, hitting $985. Downloads increased significantly mid-quarter, reaching 416, with active users peaking at 386 in early September.

Gacha Club by Lunime Inc. saw stable download numbers, ranging from 109 to 173 weekly. Active users remained high, peaking at 8.9K at the start of the quarter and closing at 7.4K.

These insights are based on Sensor Tower data, offering a comprehensive look at the performance trends in Panama's Squad RPG market. For more in-depth analysis, visit Sensor Tower.