Playboy, Inc.

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.

Playboy, Inc. announced its second fiscal quarter 2026 financial results, reporting an 11% increase in revenue to $31.2 million and a net income of $0.2 million, a significant improvement from a $7.7 million loss in the prior year. Adjusted EBITDA doubled to $7.0 million. Concurrently, the company announced an agreement to repurchase 16.6 million shares of common stock, approximately 14% of its outstanding shares, at a fixed price of $1.05 per share, representing a 28% discount to market value.

Playboy, Inc. announced it will release its second quarter 2026 financial results after the Nasdaq market closes on Monday, August 10, 2026. Following the release, management will host an investor conference call at 5:00 p.m. Eastern time on the same day to discuss the results and provide a corporate update. Participants can join via U.S. or international dial-in numbers, or through a webcast, with replay options available for a limited time.

Playboy, Inc. announced its inclusion in both the Russell 2000 and Russell 3000 Indexes, effective June 29, 2026. This inclusion follows five consecutive quarters of positive adjusted EBITDA and renewed operating momentum. The company believes this will increase its visibility within the institutional investment community, broaden its shareholder base, and enhance trading liquidity.

Playboy, Inc. announced a definitive agreement to repurchase approximately 16.6 million shares of its common stock from Fortress Investment Group at $1.05 per share, totaling $17.4 million. This represents nearly 15% of outstanding shares and is at a 28% discount to market value, expected to be immediately accretive to EPS. The repurchase will occur in installments through year-end 2026, with the remaining purchase price fully backstopped by two of Playboy's largest investors.

Playboy, Inc. announced an agreement to repurchase approximately 16.6 million shares, representing nearly 15% of its outstanding stock, from Fortress Investment Group for $17.4 million at $1.05 per share. The transaction is immediately accretive to earnings per share and structured with a payment schedule through year-end 2026 to preserve balance sheet flexibility. The deal is fully backstopped by Rizvi Traverse and Byborg, ensuring Fortress's orderly exit and eliminating potential market overhang.

Playboy, Inc. held its 2026 Annual Meeting of Stockholders on June 16, 2026, where shareholders approved all seven proposals. Key approvals included an amendment to the 2021 Equity and Incentive Compensation Plan, increasing available shares by 10 million, the election of two Class III directors, and the ratification of RSM US LLP as the independent auditor. Additionally, a non-binding advisory vote on executive compensation was approved, as was a proposal for adjournment if needed. The company also made an investor presentation available on its website on June 17, 2026.

Playboy, Inc. announced that its management has been invited to present at the Planet MicroCap Las Vegas 2026 conference. Marc Crossman, CFO and COO, will host one-on-one meetings with institutional investors and deliver a corporate presentation on June 17, 2026. The event will take place from June 16-18, 2026, at the Bellagio in Las Vegas.

Playboy, Inc. announced the appointment of Jennifer Cabalquinto to its Board of Directors as an independent director. This move fills a vacant seat, restoring the Board to seven directors and bringing the company into compliance with Nasdaq independent director requirements. Ms. Cabalquinto brings extensive financial and governance experience from her roles as CFO at 2K and Golden State Warriors Sports, LLC, and her service on various public and private boards. Her expertise is expected to support Playboy's strategic growth initiatives.

Playboy, Inc., through its subsidiary Playboy Enterprises, Inc. (PEI), has significantly expanded its office footprint in Miami Beach by amending an existing lease and entering into a new one. The amendment to the original lease for 20,169 rentable square feet adjusts key dates, abates rent for seven months, and sets a new expiration date of November 30, 2037, with a lower maximum rent. Concurrently, PEI secured an additional lease for 5,696 rentable square feet, completing its rental of the entire floor for its corporate offices, with this new lease also running until November 30, 2037, and including rent abatement through February 2027.