Quarterly ResultAug 5, 2026, 04:15 PM
Inspired Entertainment Q2 Revenue Down 24.3%, Net Income $0.2M
AI Summary
Inspired Entertainment reported a significant decrease in revenue for Q2 2026, falling 24.3% year-over-year to $60.8 million. Despite the revenue decline, the company achieved a net income of $0.2 million, a substantial improvement from a $7.8 million net loss in the prior year's quarter. The company also reduced its long-term debt by $25.8 million and repurchased $5.2 million in common stock during the first half of 2026, while also entering into interest rate swap agreements to manage debt exposure.
Key Highlights
- Q2 2026 revenue decreased 24.3% to $60.8 million from $80.3 million in Q2 2025.
- Q2 2026 net income improved to $0.2 million, compared to a net loss of $7.8 million in Q2 2025.
- Q2 2026 basic and diluted EPS was $0.01, up from $(0.27) in Q2 2025.
- Long-term debt decreased by $25.8 million to $319.4 million as of June 30, 2026, from December 31, 2025.
- Net cash provided by operating activities for H1 2026 was $29.5 million, down from $40.7 million in H1 2025.
- The company repurchased $5.2 million of common stock during the first six months of 2026.
- Entered interest rate swap agreements to manage exposure to interest rate volatility on Senior Notes.
Price Impact
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