---
schema_version: "secwatch.filing_event.v1"
accession: "0001801661-23-000003"
form_type: "8-K"
ticker: "SKLZ"
cik: "0001801661"
company_name: "Skillz Inc."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:33:18.227591+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Skillz Q4 revenue down 57% YoY to $46.9M; net loss $143.5M; restates prior financials

## Summary
- Q4 revenue $46.9M (-57% YoY); net loss $143.5M; adjusted EBITDA -$9.5M.
- FY2022 revenue $269.7M (-29% YoY); net loss $438.9M; adjusted EBITDA -$122.4M.
- PMAU 235K (Q4), ARPPU $66.6; cash & equivalents $546.5M, debt $272.8M.
- Restating 2020, 2021, and first three quarters of 2022 due to end-user liability, tax, and impairment errors.
- Ineffective internal control over financial reporting expected in 2022 10-K.

## SEC filing metadata
- accession: 0001801661-23-000003
- form_type: 8-K
- ticker: SKLZ
- cik: 0001801661
- company_name: Skillz Inc.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801661/000180166123000003/0001801661-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801661/000180166123000003/sklz-20230330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801661-23-000003
- JSON: https://secwatch.observer/filing/0001801661-23-000003.json
- Plain text: https://secwatch.observer/filing/0001801661-23-000003.txt

## Key facts
- Earnings Releases
  Skillz Inc. reported the fourth quarter and the year ended December 31, 2022 results: revenue $46.9 million, net income $143.5 million.
  - Period: the fourth quarter and the year ended December 31, 2022
  - Revenue: $46.9 million
  - Net income: $143.5 million
  - Result: reported results
  source text: be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Skillz Announces Q4 2022 and Fiscal Year 2022 Results – Fourth Quarter Revenue of $46.9 million, Net Loss of $143.5 million – Adjusted EBITDA 1 of $(9.5) million SAN FRANCISCO--(BUSINESS WIRE), March 30, 2023-- Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801661/000180166123000003/0001801661-23-000003-index.htm

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