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Playtika (PLTK) investor relations material
Playtika Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was $673.8M, down 0.1% YoY and 7.8% QoQ; GAAP net income was $40.4M and adjusted net income was $120.7M.
Record adjusted EBITDA was $252.1M, up 15.9% YoY and 22.3% QoQ; margin reached 37.4%, versus 32.2% a year earlier.
The Board completed its strategic-alternatives review and chose continued independent execution, with balance-sheet strengthening a priority.
Financial highlights
9M revenue was $2,149.6M versus $2,076.6M; adjusted EBITDA was $583.4M versus $551.8M, while net income fell to $30.9M from $102.9M.
Q3 operating income was $116.2M versus $98.4M YoY; 9M operating income was $201.2M versus $275.9M.
Q3 net income margin was 6.0% versus 5.8% YoY; adjusted net income margin was 17.9%.
Q3 G&A included an $80.0M SuperPlay contingent-consideration revaluation expense; excluding revaluation, G&A declined 27.3% YoY.
Outlook and guidance
FY 2026 revenue guidance was reaffirmed at $2.75B–$2.85B and adjusted EBITDA at $750M–$790M, with both expected around their midpoints.
Q4 marketing is expected to follow the planned cadence, with scope for more user acquisition where returns are attractive; 2027 spend is expected to be seasonally stronger in Q1.
Liquidity and operating cash flows are expected to cover normal operating needs and capital expenditures for the next 12 months and foreseeable future.
Long-term debt obligations are expected to be met through operating cash flows, refinancing existing facilities or additional debt issuances.
- Q4 profit fell as capital priorities shifted toward dividends and multiyear M&A.PLTK
Q4 2023 - Revenue up 5% YoY to $731.1M, EBITDA margin 28.2%, D2C up 63.1%, guidance at lower end.PLTK
Q2 2026 - Revenue up 5.5% YoY, record DTC growth, Disney Solitaire surge, and raised 2026 guidance.PLTK
Q1 2026 - 2026 proxy covers director elections, auditor ratification, and enhanced executive pay alignment.PLTK
Proxy filing - Virtual meeting to elect six directors, ratify auditor, and approve executive pay.PLTK
Proxy filing - FY25 revenue up 8.1% to $2.76B, D2C and SuperPlay drive growth, FY26 outlook stable.PLTK
Q4 2025 - Acquisition for up to $2B adds top games, 1.7M daily users, and incentivized earnouts.PLTK
M&A Announcement - Net income rose to $86.6M on $627M revenue, with strong liquidity and new buyback plan.PLTK
Q2 2024 - FY2024 revenue dipped, margins fell, but DTC and casual games grew as new investments ramp up.PLTK
Q4 2024
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