StockWatch
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Quarterly ResultAug 11, 2026, 04:19 PM

DoubleDown Q2 Revenue +11.2% to $94.3M; EPS +50.5% to $13.27

AI Summary

DoubleDown Interactive reported strong unaudited financial results for Q2 2026, with revenue increasing 11.2% to $94.3 million and earnings per fully diluted common share rising 50.5% to $13.27. The growth was primarily driven by contributions from the WHOW Games acquisition in July 2025, significant expansion in Direct-to-Consumer revenue, and continued success from the SuprNation iGaming subsidiary. The company also noted a 17.2% increase in Adjusted EBITDA to $39.3 million and a healthy net cash flow from operations of $24.6 million, while a special committee continues to evaluate an unsolicited acquisition offer from its controlling shareholder.

Key Highlights

  • Revenue rose 11.2% to $94.3 million in Q2 2026.
  • Profit for the interim period increased 50.5% to $32.9 million.
  • Earnings per fully diluted common share grew 50.5% to $13.27.
  • Adjusted EBITDA rose 17.2% to $39.3 million, with a 41.6% margin.
  • Direct-to-Consumer revenue increased to $40.5 million, representing 52.4% of social casino revenue.
  • Payer Conversion ratio for social casino games increased to 9.4% from 7.0%.
  • Net cash flows from operating activities increased to $24.6 million.
  • Company holds an aggregate net cash position of $521 million.