earnings
confidence high
sentiment negative
materiality 0.75
PLAYSTUDIOS Q1 revenue $58.4M (-6.9% YoY), net loss $10.7M, AEBITDA $3.6M, plans $40M buyback
PLAYSTUDIOS, Inc.
2026-Q1 EPS reported
-$0.08
revenue$58,410,000
- Net loss $10.7M (loss margin 18.3%) vs $2.9M loss in Q1 2025; revenue $58.4M vs $62.7M.
- Adjusted EBITDA $3.6M (6.1% margin) vs $12.5M (19.9%) a year ago; user acquisition spend up $6.5M.
- Direct-to-consumer revenue surged 150% to $12.4M; Tetris Block Party reached 135k DAU.
- Restructuring (Renewal) expected to generate $33M-$39M annualized savings; closed 4 of 9 studios, cut 177 positions.
- Company plans to adopt 10b5-1 plan and repurchase shares under remaining $40M authorization.