Playtika's 2025 net loss was $206.4 million as revenue rose 8.1% to $2.76 billion
The company ties a $398.6 million adjustment to contingent consideration to higher general and administrative expense, and says it is suspending its dividend.
Playtika filed its annual report on Form 10-K, the yearly report a US-listed company files with the SEC, on Feb 26, 2026. It covers the year to Dec 31, 2025, when revenue was $2.76 billion, up 8.1% from $2.55 billion in 2024, while operating loss was $5.1 million against operating income of $391.6 million. The net loss was $206.4 million against net income of $162.2 million in 2024, and the diluted loss was $0.55 a share against earnings of $0.44.1,2,3,4,5,6,7,8,9,10,11,12
Playtika's games are free to play, and substantially all of its revenue comes from players' purchases of virtual items. Revenue rose $206.1 million, which the company ties mainly to a full year of revenue from its 2024 acquisition of SuperPlay Ltd and growth in several casual games, partly offset by a decline in Slotomania. Its own Direct-to-Consumer platforms brought in $814.5 million against $694.2 million a year earlier, and third-party platforms such as Apple and Google $1,940.9 million against $1,855.1 million. Average daily active users were 8.5 million against 8.1 million a year earlier.13,14,15,16,17
General and administrative expense rose $330.4 million, primarily on a net $398.6 million adjustment to contingent consideration, the part of an acquisition price that depends on later results, tied to the SuperPlay and InnPlay Labs acquisitions. Sales and marketing expense rose $244.8 million, mainly on a net increase of about $197.0 million in media expenses tied to SuperPlay. In the fourth quarter alone Playtika reported a net loss of $309.3 million. Its earnings release says the loss reflects a non-cash impact from remeasuring contingent consideration tied to the SuperPlay earnout payment.18,19,20,21
For the year, adjusted EBITDA, a non-GAAP measure that Playtika's credit agreement defines and that adds back contingent consideration among other items, was $753.2 million against $757.7 million. Cash and short-term investments totaled $820.2 million at Dec 31, 2025 against $565.8 million at Dec 31, 2024, and net cash from operating activities for the year was $567.7 million against $490.1 million. The board declared quarterly dividends of $0.10 a share in 2024 and 2025; in its earnings release the company said it is suspending the dividend to preserve flexibility, while keeping buybacks available. Chief executive Robert Antokol said in the release that the company's finish to 2025 was driven by momentum in its casual portfolio, record Direct-to-Consumer contribution and SuperPlay. On Jan 14, 2026, Playtika announced a cut of about 15% of its employees in the first quarter, at an estimated cost of $12 million to $15 million.22,23,24,25,26,27,28,29,30,31
In our records, the 10-K is held as its management discussion: the notes to its financial statements and its other exhibits are not held, so this article does not draw on them. Our records also keep one value for each period of an SEC filer, so they cannot show whether the year-earlier comparisons were restated.32,33
How each figure was checked
- the filing is a Form 10-K10-K
- the 10-K was filed on Feb 26, 2026Feb 26, 2026
- the 10-K covers the year ended Dec 31, 2025Dec 31, 2025
- revenue for the year ended Dec 31, 2025$2.76 billion for the year from Jan 1, 2025 to Dec 31, 2025
- change in revenue on the year before8.1% on the same year a year earlier
- revenue for the year ended Dec 31, 2024$2.55 billion for the year from Jan 1, 2024 to Dec 31, 2024
- operating loss for the year ended Dec 31, 2025−$5.1 million for the year from Jan 1, 2025 to Dec 31, 2025
- operating income for the year ended Dec 31, 2024$391.6 million for the year from Jan 1, 2024 to Dec 31, 2024
- net loss for the year ended Dec 31, 2025−$206.4 million for the year from Jan 1, 2025 to Dec 31, 2025
- net income for the year ended Dec 31, 2024$162.2 million for the year from Jan 1, 2024 to Dec 31, 2024
- diluted loss per share, year ended Dec 31, 2025-0.55 USD per share for the year from Jan 1, 2025 to Dec 31, 2025
- diluted earnings per share a year earlier0.44 USD per share in the same year a year earlier
- how Playtika earns revenueSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- the rise in revenue and what the 10-K says drove it$206.1 million, from a full year of revenues from the 2024 acquisition of SuperPlay LtdSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- revenue by kind of platform, from a table in millionsthird-party platforms $1,940.9 million against $1,855.1 million; Direct-to-Consumer platforms $814.5 million against $694.2 millionSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- how Playtika distributes its games: third-party platforms such as Apple and Google, and its own Direct-to-Consumer platformsSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- average daily active users, from a table in millions8.5 million against 8.1 millionSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- the rise in general and administrative expenses and what the 10-K says drove it$330.4 million; $398.6 millionSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- the rise in sales and marketing expenses and what the 10-K says drove it$244.8 million; approximately $197.0 millionSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- net loss of the three months ended Dec 31, 2025 (first column), from a table in millions$309.3 millionSEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Feb 26, 2026 ↗
- what the company says the fourth-quarter net loss reflectsSEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Feb 26, 2026 ↗
- adjusted EBITDA, from a table in millions$753.2 million against $757.7 millionSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- how the credit agreement defines the non-GAAP measure adjusted EBITDASEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- cash and short-term investments at the end of 2025 and 2024$820.2 million at December 31, 2025 and $565.8 million at December 31, 2024SEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- net cash provided by operating activities, from a table in millions$567.7 million against $490.1 millionSEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- quarterly dividends declared in 2024 and 2025$0.10 per share in 2024 and 2025SEC EDGAR, Form 10-K filed Feb 26, 2026 ↗
- the company says in its earnings release that it is suspending its dividendSEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Feb 26, 2026 ↗
- who spoke in the earnings releaseSEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Feb 26, 2026 ↗
- what the CEO said drove the year's finish2025SEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Feb 26, 2026 ↗
- the workforce reduction announced on January 14, 2026January 14, 2026; approximately 15% in the first quarter of 2026SEC EDGAR, Form 8-K filed Jan 14, 2026 ↗
- the estimated cost of the workforce reductionapproximately $12 million to $15 millionSEC EDGAR, Form 8-K filed Jan 14, 2026 ↗
- what documents of the filing our records hold
- whether year-earlier figures can be told as restated
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The record
- Company
- Playtika (CIK 1828016)
- Form
- 10-K
- Accession
- 0001828016-26-000010
- Filed
- Feb 26, 2026
- Period covered
- Jan 1, 2025 – Dec 31, 2025
- Revenue
- 2,755,400,000 USD
- Revenue, a year earlier
- 2,549,300,000 USD
- Operating income
- −5,100,000 USD
- Operating income, a year earlier
- 391,600,000 USD
- Net income
- −206,400,000 USD
- Net income, a year earlier
- 162,200,000 USD
- Goodwill impairment
- 0 USD
- Goodwill impairment, a year earlier
- 0 USD
Annual revenue, last 8 periods
About Playtika
Playtika page →- Open roles
- No public hiring feed we can read
- Layoffs, 12 months
- No WARN notices in the US states we read
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