DoubleDown Q1 Revenue Up 12.7% to $94.1M, EPS Surges 48.4%

DDIDDI

DoubleDown’s Q1 2026 revenue rose 12.7% year-over-year to $94.1 million, while earnings per diluted share jumped 48.4% to $14.28 ($0.71 per ADS). Direct-to-Consumer sales surged to $34.0 million from $9.0 million, and SuprNation revenue climbed 30% to $17.2 million.

1. Q1 2026 Financial Results

DoubleDown’s Q1 2026 revenue rose 12.7% year-over-year to $94.1 million, with net profit excluding non-controlling interest increasing by 48.4% to $35.4 million and diluted EPS reaching $14.28 ($0.71 per ADS). Adjusted EBITDA climbed 24% to $38.2 million.

2. Segment Performance

Social casino revenue accounted for $76.9 million, up 9.5%, driven by WHOW Games contributions and higher payer conversion and ARPDAU. Direct-to-Consumer revenue jumped to $34.0 million from $9.0 million, representing 44.2% of social casino sales, while SuprNation’s iGaming revenue grew 30% to $17.2 million following the October ’25 'Los Vegas' launch.

3. Profitability and Cash Flow

Operating expenses rose to $58.7 million reflecting WHOW Games integration, but strong revenue growth drove profit margin to 37.6% and adjusted EBITDA margin to 40.6%. Net operating cash flow increased to $46.4 million, underlining robust cash conversion and balance sheet flexibility for further expansion.

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