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Get filing alertsPlaytika reports Q1 revenue up 5.5% to $744.7M, raises FY guidance despite EBITDA decline
Filed May 8, 2026 · Period ending May 7, 2026 · ~1 min read
Key Changes
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Q1 revenue rose 5.5% YoY to $744.7M, driven by record DTC platform revenue of $291.8M (up 62.8% YoY). Net loss of $57.5M reflects $95M non-cash earnout remeasurement for SuperPlay acquisition. Adjusted EBITDA fell 25.2% to $125.2M on planned investments.
Exhibit 99.1 view on EDGAR → -
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Full-year 2026 revenue guidance raised to $2.75-$2.85B (from $2.70-$2.80B) and Adjusted EBITDA to $750-$790M (from $730-$770M), reflecting Q1 outperformance and SuperPlay tracking ahead of plan.
Exhibit 99.1 view on EDGAR → -
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DTC platform revenue surged 62.8% YoY, strategically important as DTC carries 3-4% payment fees versus 30% on third-party platforms like iOS and Google Play, improving unit economics.
Exhibit 99.2 view on EDGAR → -
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Paid $461M in SuperPlay earnout to shareholders in late April 2026, reducing pro forma liquidity from $1.3B to ~$868M. Net leverage stands at 2.9x with $550M revolver expiring March 2027.
Exhibit 99.2 view on EDGAR → -
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Board appointed Tae Lee as CFO effective May 5, 2026, formalizing his role after serving as Acting CFO since April 2026.
Exhibit 99.1 view on EDGAR →
Summary
Playtika reported mixed Q1 2026 results that nonetheless prompted a guidance raise. Revenue climbed 5.5% year-over-year to $744.7 million, powered by a 62.8% surge in direct-to-consumer platform revenue to a record $291.8 million.
The DTC shift is strategically significant: those channels carry payment processing fees of just 3-4% versus the 30% charged by iOS and Google Play, directly improving unit economics as the mix tilts away from third-party app stores.
The company posted a $57.5 million net loss, but that figure is driven entirely by a $95 million non-cash charge to remeasure the SuperPlay acquisition earnout—operating performance was positive. Adjusted EBITDA of $125.2 million fell 25.2% year-over-year, reflecting the planned front-loaded investments management has flagged as SuperPlay scales. Management raised full-year revenue guidance to $2.75-$2.85 billion and Adjusted EBITDA to $750-$790 million, citing Q1 outperformance and SuperPlay tracking ahead of internal expectations. The company paid out $461 million in SuperPlay earnout in late April, reducing pro forma liquidity to roughly $868 million from $1.3 billion, with net leverage at 2.9x. The $550 million revolver expires in March 2027. Retail holders should watch whether the DTC momentum sustains and whether margin pressure from SuperPlay investments begins to ease in coming quarters as the integration matures.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
The Board of Directors has appointed Tae Lee as Chief Financial Officer, effective May 5th, following his service as Acting Chief Financial Officer since April 2026.
The Board appointed Tae Lee as Chief Financial Officer effective May 5, 2026, after he served as Acting CFO since April 2026. This formalizes the CFO role following a brief interim period.
Added in current filing · view on EDGAR →
Changes in estimated value of contingent consideration95.0 6.9
The company recorded a $95.0 million non-cash charge in Q1 2026 for changes in the estimated value of contingent consideration related to the SuperPlay acquisition earnout, compared to $6.9 million in Q1 2025. This remeasurement drove the reported net loss despite positive operating performance.
Added in current filing · view on EDGAR →
•Bingo Blitz revenue of $153.7 million decreased (3.0)% sequentially and (5.4)% year over year.
•Disney Solitaire revenue of $123.3 million increased 72.1% sequentially.
•June’s Journey revenue of $76.0 million increased 8.7% sequentially and 10.4% year over year.
Disney Solitaire showed strong momentum with revenue of $123.3 million, up 72.1% sequentially, while June's Journey grew 10.4% year over year to $76.0 million. Bingo Blitz, the largest title, declined 5.4% year over year to $153.7 million, though management noted improved stability across the organic portfolio.
Event · Exhibit 99.2
Added in current filing · view on EDGAR →
Revenue of $744.7 million, Net Loss of $(57.5) million, Adjusted Net Income of $13.6 million, and Adjusted EBITDA of $125.2 million. Revenue increased by 9.7% sequentially and 5.5% year over year. Adjusted Net Income decreased by (84.7)% sequentially and (62.4)% year over year. Adjusted EBITDA decreased (37.8)% sequentially and (25.2)% year over year.
Playtika reported Q1 2026 revenue of $744.7 million, up 5.5% year-over-year, but posted a net loss of $57.5 million. Adjusted EBITDA fell 25.2% year-over-year to $125.2 million, and Adjusted Net Income dropped 62.4% to $13.6 million, reflecting margin compression despite revenue growth.
Added in current filing · view on EDGAR →
FY26 Initial Guidance FY26 Updated Guidance Revenue $2,700 million to $2,800 million $2,750 million to $2,850 million Adjusted EBITDA $730 million to $770 million $750 million to $790 million Adjusted EBITDA Margin 27% to 27.5% 27.3% to 27.7%
Playtika raised its full-year 2026 revenue guidance to $2,750-$2,850 million (from $2,700-$2,800 million) and Adjusted EBITDA guidance to $750-$790 million (from $730-$770 million), signaling confidence in sustained growth despite Q1 margin pressure.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 3, 2026 · How we verify