---
schema_version: "secwatch.filing_event.v1"
accession: "0001801661-22-000008"
form_type: "8-K"
ticker: "SKLZ"
cik: "0001801661"
company_name: "Skillz Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:04:18.087844+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Skillz Q3 revenue $60.3M (-41% YoY); net loss $78.5M, guides FY22 rev $275M

## Summary
- Revenue $60.3M (-41% YoY, -18% QoQ); net loss $78.5M vs $22.1M loss year ago.
- Adjusted EBITDA -$15.4M, improved 63% YoY, as company drives toward profitability.
- Recorded $47.6M non-cash impairment of intangible assets from Aarki acquisition.
- Casey Chafkin transitions from CRO to Chief Strategy Officer; base salary $425k.
- FY22 revenue guidance maintained at $275M; adjusted EBITDA margin (56)%.

## SEC filing metadata
- accession: 0001801661-22-000008
- form_type: 8-K
- ticker: SKLZ
- cik: 0001801661
- company_name: Skillz Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801661/000180166122000008/0001801661-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801661/000180166122000008/sklz-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801661-22-000008
- JSON: https://secwatch.observer/filing/0001801661-22-000008.json
- Plain text: https://secwatch.observer/filing/0001801661-22-000008.txt

## Key facts
- Earnings Releases
  Skillz Inc. reported the third quarter ended September 30, 2022 results: revenue $60 million, net income $ (78,547). Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $60 million
  - Net income: $ (78,547)
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: Skillz Announces Q3 2022 Results – Revenue of $60 million meets expectations – Net loss increased 30% sequentially 1 due to non-cash impairment of intangible assets – Adjusted EBITDA 2 showed a $16 million improvement as the Company drives towards profitability
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801661/000180166122000008/0001801661-22-000008-index.htm
- Executive change
  Casey Chafkin was appointed as Chief Strategy Officer at Skillz Inc..
  - Action: appointed
  - Role: Chief Strategy Officer
  source text: On October 27, 2022, the Board of Directors (the "Board") of Skillz Inc. (the "Company") approved a change in position of Casey Chafkin from Chief Revenue Officer to Chief Strategy Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801661/000180166122000008/0001801661-22-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
