StockWatch
·
Other Specialty Stores
Quarterly ResultAug 10, 2026, 04:41 PM

Playboy Swings to Q2 Net Income of $198K; Revenue +10.9%

AI Summary

Playboy, Inc. reported a significant improvement in its financial performance for the second quarter and first half of 2026. The company swung to a net income of $198 thousand in Q2 2026 from a net loss of $7.68 million in Q2 2025, with net revenues increasing by 10.9% to $31.22 million. For the six months ended June 30, 2026, net loss significantly narrowed to $3.77 million from $16.72 million in the prior year, and operating income improved to $1.33 million from a loss of $12.14 million. Key activities included proceeds from a new China joint venture and repayment of $15 million in long-term debt.

Key Highlights

  • Q2 2026 Net Income: $198K, a swing from $7.68M net loss in Q2 2025.
  • Q2 2026 Net Revenues: $31.22M, up 10.9% from $28.15M in Q2 2025.
  • Six months 2026 Net Loss: Reduced to $3.77M from $16.72M loss in 2025.
  • Six months 2026 Operating Income: $1.33M, a swing from $12.14M loss in 2025.
  • Received $15.00M from initial closing of new China joint venture.
  • Repaid $15.00M in long-term debt during the six months.
  • Net cash used in operating activities for six months 2026 improved to $8.47M.