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GlobeNewswire·

Playboy Reports Second Quarter 2026 Financial Results

  • Playboy, Inc. reported second quarter 2026 revenue of $31.2 million, an 11% increase compared to $28.1 million in the same period of 2025.
  • Net income for the quarter was $0.2 million, representing a $7.9 million improvement over the $7.7 million net loss in 2025.
  • Adjusted EBITDA reached $7.0 million, a 100% increase from $3.5 million in 2025, inclusive of $0.7 million in litigation expenses.
  • Honey Birdette achieved 18.2% year-over-year sales growth in the quarter with a gross margin of 65.1% \& comparable store sales grew 15%.
  • Licensing revenue totaled $11.2 million, up 2.2% year-over-year, with 91% of fiscal 2026 licensing revenue supported by contractual guarantees.
  • The Company announced an agreement to repurchase 16.6 million shares of common stock at a fixed price of $1.05 per share, representing nearly 14% of outstanding shares.
  • Total cash \& restricted cash increased by approximately $2.5 million during the quarter to reach $37.1 million as of June 30, 2026.
  • Playboy joined the Russell 2000® Index \& the Russell 3000® Index following the conclusion of the 2026 reconstitution process.
  • Operating expenses decreased 17% to $28.2 million, driven by a prior year non-recurring licensing agent settlement \& lower personnel costs.
  • A new global model search collaboration with Honey Birdette attracted nearly 50,000 contestants, though its economics are excluded from Q2 results as the contest ended in August.