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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Enthusiast Gaming
Enthusiast Gaming (EGLX) investor relations material
Enthusiast Gaming Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary12 Aug, 2026
Executive summary
Achieved fourth consecutive quarter of positive Adjusted EBITDA, reaching $0.7 million in Q2 2026, more than doubling year-over-year, and $5.1 million in trailing twelve-month Adjusted EBITDA.
Net income was $0.3 million, a significant turnaround from a net loss of $39.1 million in Q2 2025, driven by reduced losses from discontinued operations and lower operating expenses.
User growth and engagement increased across the core product portfolio, with new features and products aligned to major gaming releases planned for the coming months.
Financial highlights
Revenue was $6.9 million, down 3% year-over-year from $7.1 million, mainly due to lower subscription revenue.
Gross profit was $6.2 million, a 2% decrease from $6.3 million, but gross margin improved to 89% from 88%.
Adjusted EBITDA from discontinued operations was $0.8 million, compared to a loss of $1.5 million in Q2 2025.
Cost of sales remained flat at $0.8 million year-over-year.
Outlook and guidance
Seasonal trends expected to be favorable in the second half, with Q4 and Q1 historically being the strongest quarters.
New product development cycle underway, focusing on core properties and leveraging AI to accelerate innovation.
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Latest events from Enthusiast Gaming
- All resolutions, including board elections and plan approvals, passed with majority support.EGLX
AGM 2026 - Revenue, profit, and engagement rose year-over-year, with strategic review ongoing.EGLXQ1 2026
- Record Q4 Adjusted EBITDA and margin highlight scalable profitability amid strategic focus.EGLXQ4 2025
- Gross margin hit 86.9% and net income reached $7.0M as product focus and asset sales drove profitability.EGLXQ3 2025
- All resolutions passed, including board elections and auditor reappointment, with strong support.EGLXAGM 2024
- First adjusted EBITDA profit and 70.3% gross margin despite 63% revenue drop.EGLXQ3 2024
- Breakeven and 66.2% gross margin achieved in Q2 2024 as unique visitors rose 30%.EGLXQ2 2024
- Gross margin rose to 74.3% as cost cuts and high-margin focus offset lower Q1 revenue.EGLXQ1 2025
- Gross margin hit 76% in Q4 2024 as profitability improved and costs fell.EGLXQ4 2024
Next Enthusiast Gaming earnings date
Q3 202616 Nov, 2026
Enthusiast Gaming
Next Enthusiast Gaming earnings date
Q3 202616 Nov, 2026
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Frequently asked questions
Enthusiast Gaming Holdings Inc. is a media, content, entertainment and esports company. Enthusiast Gaming Inc., an online network of approximately 100 gaming websites, owns and operates Enthusiast Gaming Live Expo along with providing management and support services to professional gamers and teams in the United States, Canada, and Europe that compete in games such as Call of Duty, Madden NFL, Fortnite, Overwatch League, Rocket League, Super Smash Bros., Valorant and others. The company produces approximately 30 weekly shows that stream on AVOD and OTT channels under the Polaris brand. It is also the largest representation agency for YouTube gaming influencers, representing more than 500 of them on platforms such as YouTube and Twitch.