Quarterly ResultAug 11, 2026, 04:19 PM
DoubleDown Q2 Revenue +11.2% to $94.3M; Profit +50.5%
AI Summary
DoubleDown Interactive Co., Ltd. announced strong unaudited financial results for the second quarter ended June 30, 2026. Revenue increased 11.2% to $94.3 million, and profit for the interim period surged 50.5% to $32.9 million. Adjusted EBITDA also saw a significant rise of 17.2% to $39.3 million, driven by contributions from the WHOW Games acquisition and growth in the Direct-to-Consumer segment, which now accounts for over 50% of total social casino revenue. The company also noted the ongoing evaluation of a non-binding expression of interest from its controlling shareholder to acquire outstanding shares at $11.25 per ADS.
Key Highlights
- Revenue rose 11.2% to $94.3 million in Q2 2026, up from $84.8 million in Q2 2025.
- Profit for the interim period increased 50.5% to $32.9 million in Q2 2026.
- Adjusted EBITDA rose 17.2% to $39.3 million in Q2 2026, with margin at 41.6%.
- Direct-to-Consumer revenue grew to $40.5 million, representing 52.4% of social casino revenue.
- SuprNation iGaming revenue increased 9.8% year-over-year to $17.0 million.
- 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 in Q2 2026.
- Company received a non-binding offer from controlling shareholder at $11.25 per ADS.
Price Impact
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