Earnings Releases·Nov 5, 2026, 4:19 PM ET

Playboy, Inc. — Third Quarter 2026 Earnings Summary

Total revenue rose 9.4% year-over-year to $31.7 million, while net income surged 305% to $1.9 million ($0.02 per share) and adjusted EBITDA increased 95% to $7.9 million, marking seven consecutive quarters of positive EBITDA.
Licensing revenue grew 5.3% to $12.6 million, driven by a 40% year-over-year increase in China revenue from three new agreements valued at approximately $15.0 million, and Honey Birdette revenue increased 12.1% led by U.S. e-commerce.
The Company repurchased 4.8 million shares for $5.0 million through September 30, 2026, and subsequently signed an agreement to acquire the Freehand Hotel property in Miami Beach to develop a private members club.
Management expects to recoup the $5.0 million investment in the new Miami Beach club through future membership sales while continuing to leverage its asset-light business model across licensing, media, and hospitality.