Playtika Q1 Revenue Jumps 9.7% to $744.7M; DTC Revenue Up 62.8%
PLTK•Playtika’s Q1 revenue rose to $744.7M (+9.7% sequential, +5.5% YoY), driven by record Direct-to-Consumer revenue of $291.8M (+16.7% sequential, +62.8% YoY) despite a net loss of $57.5M and adjusted EBITDA of $125.2M. The company raised full-year guidance to $2.75–$2.85B revenue and $750–$790M adjusted EBITDA.
1. Q1 2026 Financial Results
In Q1 2026, Playtika generated revenue of $744.7 million, up 9.7% sequentially and 5.5% year-over-year, with record Direct-to-Consumer revenue of $291.8 million (+16.7% sequential, +62.8% YoY). The company reported a net loss of $57.5 million, adjusted net income of $13.6 million and adjusted EBITDA of $125.2 million, while holding $779.2 million in cash and short-term investments.
2. Operational Metrics and Game Performance
Average daily paying users reached 387,000 (up 8.4% sequentially) and payer conversion held at 4.5%, while Bingo Blitz revenue declined 3.0% sequentially to $153.7 million. Disney Solitaire revenue soared 72.1% sequentially to $123.3 million, and June’s Journey climbed 8.7% sequentially to $76.0 million, reflecting underlying portfolio stability and strong SuperPlay integration.
3. Full-Year Guidance and Leadership Changes
Playtika raised its full-year 2026 revenue guidance to $2.75–$2.85 billion (from $2.70–$2.80 billion) and lifted adjusted EBITDA guidance to $750–$790 million (from $730–$770 million). The board appointed Tae Lee as Chief Financial Officer effective May 5, following his role as acting CFO since April 2026.
