Quarterly ResultAug 11, 2026, 02:42 PM
PLAYSTUDIOS Q2 Revenue $55.0M, Net Loss $13.3M; Restructuring Continues
AI Summary
PLAYSTUDIOS, Inc. announced its second quarter 2026 financial results, reporting a decrease in revenue to $55.0 million and a widened net loss of $13.3 million compared to the prior year. Consolidated AEBITDA also declined to $7.3 million. Despite these challenges, direct-to-consumer revenue saw a significant 120% increase to $14.7 million, and the company's 'Renewal' restructuring program is expected to yield substantial annualized savings. PLAYSTUDIOS is also reassessing investments in new growth initiatives due to underperformance and plans to continue its share repurchase program.
Key Highlights
- Q2 2026 revenue decreased to $55.0 million from $59.3 million in Q2 2025.
- Net loss widened to $13.3 million in Q2 2026 from $2.9 million in Q2 2025.
- Consolidated AEBITDA declined to $7.3 million in Q2 2026 from $10.7 million in Q2 2025.
- Direct-to-consumer revenue increased 120% to $14.7 million in Q2 2026.
- The 'Renewal' restructuring program is on track for $33.0 million to $39.0 million in annualized savings.
- Company plans to continue repurchasing shares under its remaining $38.5 million authorization.
- Average Daily Active Users (DAU) decreased to 1.9 million from 2.347 million year-over-year.
- Average Revenue Per Daily Active User (ARPDAU) increased to $0.32 from $0.28 year-over-year.
Price Impact
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