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Playtika Holding Corp. Reports Q1 2026 Financial Results

  • Playtika Holding Corp. reported Q1 2026 revenue of $744.7 million, a 9.7% sequential increase & 5.5% year-over-year increase.
  • Direct-to-Consumer (DTC) revenue reached a record $291.8 million, rising 16.7% sequentially & 62.8% year-over-year.
  • Net loss was $57.5 million due to non-cash contingent consideration remeasurement from the SuperPlay acquisition, while Adjusted Net Income was $13.6 million.
  • Adjusted EBITDA totaled $125.2 million, down 37.8% sequentially & 25.2% year-over-year, attributed to front-loaded investment costs for SuperPlay scaling.
  • Cash, cash equivalents, & short-term investments reached $779.2 million as of March 31, 2026.
  • Average Daily Paying Users increased 8.4% sequentially to 387,000, while year-over-year figures decreased 0.8%.
  • Disney Solitaire revenue surged 72.1% sequentially to $123.3 million, while Bingo Blitz revenue declined 3.0% sequentially to $153.7 million.
  • June's Journey revenue grew 8.7% sequentially & 10.4% year-over-year to $76.0 million.
  • The Board appointed Tae Lee as Chief Financial Officer effective May 5, 2026, following his tenure as Acting CFO.
  • Full-year 2026 revenue guidance was raised to $2.75–$2.85 billion, & Adjusted EBITDA guidance increased to $750–$790 million.
  • Management cited strong momentum in Disney Solitaire, record DTC performance, & improved stability in the organic portfolio during the conference call.