Skillz Inc. (SKLZ)
NYSE:SKLZ
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.84Last Year’s EPS
-0.58Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of meaningful operational progress and material near-term risks. Positives include strong year-over-year revenue growth (+33% YoY), improved monetization (ARPU +7% QoQ), RZR profitability (adjusted EBITDA +$2M), strategic acquisitions (Beamable, Blackout Bingo, Domino's Gold), attractive user acquisition economics, and a landmark legal victory against Papaya with a potential award from $420M to >$1.2B. Offsetting these strengths are a 9% QoQ decline in paying MAUs, litigation-related expenses that widened reported adjusted EBITDA to a $13M loss, $130M of debt maturing this year (liquidity/refinancing risk), ongoing legal uncertainty regarding collectability and appeals, and the company remains unprofitable on a GAAP and adjusted basis. Overall the call emphasized disciplined execution, improving unit economics, and transformational legal and strategic milestones, while flagging near-term financial and operational risks that management is actively addressing.Company Guidance
Year-over-Year Revenue Growth with QoQ Normalization
GAAP revenue of $29.0M in Q1 2026, up 33% year over year (Q1 2025: $22M). Reported down 3% quarter over quarter, but normalizing for a Q4 2025 indirect tax accrual release, Q1 2026 revenue would be up ~2% QoQ.
Improved Unit Economics and Monetization
Average revenue per paying user increased ~7% quarter over quarter; GMV grew QoQ despite a decline in paying MAUs, reflecting stronger spend per player and improved monetization of mature cohorts.
Adjusted EBITDA Improvement Excluding Litigation
Reported adjusted EBITDA loss was $13M (vs. $10M in Q4 2025) driven by litigation expenses; excluding litigation-related expenses, adjusted EBITDA improved to a $7M loss, a ~15% improvement quarter over quarter on a normalized basis.
RZR Profitability and Growth
RZR reported adjusted EBITDA of $2M in Q1 2026, marking a third consecutive quarter of profitability; RZR grew revenue across new and existing advertisers and launched a Connected TV channel to broaden advertiser spend.
Major Legal Win Against Papaya
Unanimous jury verdict found Papaya liable for false advertising, awarding Skillz $420M in actual damages (largest false advertising award under the Lanham Act). Jury made advisory findings for disgorgement of $652M–$719M; total potential award ranges from $420M to over $1.2B depending on court determinations and enhancements.
Balance Sheet Liquidity
Ended Q1 2026 with $185M in cash and cash equivalents, providing runway and flexibility as the company evaluates strategic options toward sustained profitability.
Strategic Acquisitions and Platform Buildout
Completed acquisition of Beamable and acquired Blackout Bingo and Domino's Gold; now own and operate 3 of the top 5 titles on the platform. Continued investment in Pro SDK and platform infrastructure to drive long-term engagement and developer integration.
Lower User Acquisition Costs and Disciplined GTM
Management reported UA prices at the best levels in multiple years and continued focus on profitable, disciplined user acquisition—Q1 user marketing spend $8M and user acquisition $3M—aiming to attract higher-value, long-term players.
Improving Operating Expense Trends and Profitability Trajectory
Q1 2026 net loss improved to $11M (a 36% improvement year over year). Sales & marketing expenses decreased 4% YoY and R&D investment continued (R&D $5M, +5% YoY) to support product roadmaps while pursuing profitability.
SKLZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SKLZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2026 | $6.18 | $6.60 | +6.80% |
Mar 31, 2026 | $2.59 | $2.62 | +1.16% |
Oct 06, 2025 | $8.08 | $7.84 | -2.97% |
Aug 07, 2025 | $6.64 | $7.61 | +14.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Skillz Inc. (SKLZ) report earnings?
Skillz Inc. (SKLZ) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Skillz Inc. (SKLZ) earnings time?
Skillz Inc. (SKLZ) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is SKLZ EPS forecast?
SKLZ EPS forecast for the fiscal quarter 2026 (Q2) is -0.84.