Playtika reports a $57.5 million first-quarter net loss as revenue rises 5.5% to $744.7 million

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Playtika filed Form 10-Q, the quarterly report a US-listed company files with the SEC, on May 7, 2026. For the quarter to Mar 31, 2026, revenue was $744.7 million, up 5.5% from $706 million a year earlier. The company reported an operating loss of $49.6 million against operating income of $67.8 million, and a net loss of $57.5 million against net income of $30.6 million. The diluted loss was $0.15 a share against earnings of $0.08.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12

Revenue rose $38.7 million, which the company ties primarily to incremental revenue from certain SuperPlay titles that more than offset lower monetization, mainly in slot-themed games. Average daily active users were 8.6 million against 9.0 million a year earlier, and average revenue per daily active user was $0.94 a day against $0.87. Revenue from its own Direct-to-Consumer platforms was $291.8 million, up 62.8% year over year, a record in the company's words.13^,14^,15^,16^,17^,18

Sales and marketing expense rose $88.8 million, largely on more media buying for SuperPlay. General and administrative expense rose $78.3 million, primarily on a $95 million adjustment to contingent consideration (the part of an acquisition price that depends on later results) for the SuperPlay earnout, partly offset by lower stock-based compensation. The company's earnings release says the net loss reflects a non-cash impact from remeasuring that contingent consideration.19^,20^,21^,22

Adjusted EBITDA, a non-GAAP measure that Playtika's credit agreement defines and that adds back contingent consideration among other items, was $125.2 million against $167.3 million. Cash and short-term investments totaled $779.2 million at Mar 31, 2026 against $820.2 million at Dec 31, 2025, and net cash from operating activities was $22.8 million against $18.8 million a year earlier. The board discontinued the regular quarterly dividend beginning in 2026, after declaring $0.10 a share each quarter in 2024 and 2025.23^,24^,25^,26^,27

On Jan 14, 2026, Playtika announced a cut of about 15% of its employees in the first quarter, and on Apr 6, 2026 it said a special committee of its board is reviewing potential strategic alternatives. The report says the regional conflict involving Iran and Israel has had no direct material financial impact on the company as of the filing date, and notes that its headquarters and about 1,175 employees are in Israel. Chief executive Robert Antokol said in the release that the start of 2026 was led by Disney Solitaire and record Direct-to-Consumer performance.28^,29^,30^,31^,32

In our records, the 10-Q 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.33^,34