Quarterly ResultMay 11, 2026, 04:20 PM
Playboy Q1 Revenue $30.2M; Net Loss $4.0M; Adj. EBITDA $5.0M
AI Summary
Playboy, Inc. reported strong Q1 2026 financial results, with revenue increasing 5% year-over-year to $30.2 million. The company significantly reduced its net loss by 56% to $4.0 million and saw Adjusted EBITDA more than double to $5.0 million. Key operational highlights include the initial closing of the UTG Brands Management Group Limited deal for its China licensing business, which generated $15.0 million for debt reduction and a $4.0 million brand support payment. Honey Birdette also delivered 15% year-over-year sales growth.
Key Highlights
- Initial closing of UTG deal for China licensing business generated $15.0 million for debt reduction.
- Received $4.0 million brand support payment from UTG deal.
- Q1 2026 Revenue increased 5% year-over-year to $30.2 million.
- Net Loss improved 56% year-over-year to $4.0 million.
- Adjusted EBITDA increased 111% year-over-year to $5.0 million.
- Honey Birdette sales grew 15% year-over-year with 57% gross margin.
- Company expects $30 million more from UTG by Jan 2028, plus $62 million in JV distributions by 2033.
- Reduced senior debt by $15.0 million in Q1 2026.