---
schema_version: "secwatch.filing_event.v1"
accession: "0001801661-24-000045"
form_type: "8-K"
ticker: "SKLZ"
cik: "0001801661"
company_name: "Skillz Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:42:20.684087+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Skillz Q1 2024: Revenue $25.2M, Net Loss $26.7M, PMAU 121K, ARPPU $69.8

## Summary
- Revenue $25.2M, gross profit $21.8M; total operating expenses ex-cost of revenue $48.6M.
- Net loss $26.7M; Adjusted EBITDA $(17.7)M.
- Paying MAU 121K, ARPPU $69.8.
- Cash and restricted cash >$300M at quarter end.
- CEO: short-term onboarding setbacks; targeting positive Adjusted EBITDA run-rate by late 2024.

## SEC filing metadata
- accession: 0001801661-24-000045
- form_type: 8-K
- ticker: SKLZ
- cik: 0001801661
- company_name: Skillz Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801661/000180166124000045/0001801661-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801661/000180166124000045/sklz-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801661-24-000045
- JSON: https://secwatch.observer/filing/0001801661-24-000045.json
- Plain text: https://secwatch.observer/filing/0001801661-24-000045.txt

## Key facts
- Earnings Releases
  Skillz Inc. reported first quarter ended March 31, 2024 results: revenue Revenue of $25.2 million, net income Net loss of $26.7 million.
  - Period: first quarter ended March 31, 2024
  - Revenue: Revenue of $25.2 million
  - Net income: Net loss of $26.7 million
  - Result: reported results
  source text: Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today reported unaudited financial results for the first quarter ended March 31, 2024. First Quarter Financial Update (Unaudited): • Revenue of $25.2 million. • Gross profit of $21.8 million. • Net loss of $26.7 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801661/000180166124000045/0001801661-24-000045-index.htm

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