Playtika (PLTK) investor relations material

Executive summary

• Q2 2026 revenue was $731.1 million, up 5.0% year-over-year and down 1.8% sequentially, driven by strong D2C and SuperPlay performance.

• Adjusted EBITDA reached $206.1 million (28.2% margin), up 23.4% year-over-year and 64.6% sequentially.

• Net income was $48.0 million; adjusted net income $53.6 million, with net income margin improving to 6.6%.

• D2C revenue grew to $286.9 million, up 63.1% year-over-year, while Disney Solitaire posted 288.6% year-over-year growth.

• Marketing spend was front-loaded in H1, with a significant step-down in Q2, boosting margins.

Financial highlights

• Bingo Blitz revenue: $145.1 million, down 5.6% sequentially and 9.5% year-over-year.

• Disney Solitaire revenue: $142.4 million, up 15.5% sequentially and 288.6% year-over-year.

• June's Journey revenue: $74.7 million, down 1.7% sequentially, up 8.1% year-over-year.

• Cash, cash equivalents, and short-term investments totaled $438.5 million as of June 30, 2026.

• Adjusted EBITDA margin was 28.2%; net income margin was 6.6%.

Outlook and guidance

• Full-year 2026 revenue and adjusted EBITDA guidance reaffirmed, but management expects results at the lower end due to cautious consumer spending and reduced H2 marketing.

• Liquidity is expected to improve with ongoing free cash flow generation; position sufficient for foreseeable needs.

• Year-over-year growth expected for key titles despite sequential declines.