Inspired Entertainment Q2 net income turns to profit at $0.2 million; revenue falls 24% year over year to $60.8 million - INSE News | RalliesInspired Entertainment Q2 net income turns to profit at $0.2 million; revenue falls 24% year over year to $60.8 million
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INSE• Second-quarter results
- Inspired Entertainment posted second-quarter revenue of $60.8 million, down 24% year over year, while GAAP net income turned positive at $0.2 million.
- GAAP operating income rose 25% to $9.9 million, while non-GAAP adjusted EBITDA slipped 5% to $27.1 million.
- Adjusted EBITDA margin widened to 45% from 35%, with management citing portfolio optimization that cut year-over-year revenue by about 30%.
- Interactive revenue climbed 15% to $15.7 million, while Retail Solutions revenue fell 37% to $36.2 million.
- The company repaid $10 million of senior secured notes principal and reiterated its FY2026 adjusted EBITDA target of $112 million to $118 million.