secwatch.observer — SEC 8-K summary
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Issuer:     Playboy, Inc. (PLBY)
CIK:        0001803914
Form:       8-K
Filed at:   2026-05-11T20:14:49+00:00
Accession:  0001628280-26-033504
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Playboy Q1 2026 revenue $30.2M (+5% YoY); net loss narrows to $4.0M; Adj. EBITDA $5.0M (+111%)
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- Revenue of $30.2M, up 5% YoY; DTC revenue $18.8M (+15%) from Honey Birdette; licensing $10.9M (-5%).
- Net loss of $4.0M ($0.03/share) vs. $9.0M loss YoY; includes $3.5M UTG transaction expenses.
- Adj. EBITDA $5.0M (ex-litigation $5.8M); fifth consecutive positive quarter.
- UTG China JV closed Mar 20: $15M initial proceeds paid down senior debt; $30M more expected by Jan 2028.
- Appointed David Miller President Media & Brand and Phillip Picardi Chief Brand Officer/Editor-in-Chief.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803914/000162828026033504/0001628280-26-033504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803914/000162828026033504/ply-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-033504

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer