The earnings call highlighted positive sequential revenue growth and improvements in key metrics like user conversion rates and net loss reduction. However, it also revealed challenges such as year-over-year revenue decline, compliance issues with the NYSE, and ongoing litigation with competitors. The sentiment is mixed with both significant achievements and considerable challenges.

Company Guidance -

Q3 2025

In the Skillz, Inc. 2025 First Quarter Results Call, guidance highlighted several key financial metrics and strategic initiatives. Revenue for the quarter was reported at $22 million, reflecting a 21% sequential increase but an 11% decline year-over-year. The company achieved a paid user conversion rate of 16.2%, up from 14.6% in the previous quarter. Research and development expenses stood at $5 million, marking a 4% increase year-over-year, while sales and marketing expenses decreased by 9% year-over-year to $19 million. General and administrative expenses were $16 million, down 29% year-over-year, and the adjusted EBITDA loss was reduced to $15 million from $19 million in the fourth quarter of 2024. Skillz ended the quarter with a strong balance sheet, holding $264 million in cash, including cash equivalents and restricted cash, and an outstanding debt principal of $129.7 million. The company emphasized its strategic focus on enhancing its platform, optimizing organizational structure, improving go-to-market strategies, and demonstrating a clear path to profitability, supported by a robust balance sheet and financial position.

Sequential Revenue Growth

Revenue for Q1 was $22 million, reflecting a 21% increase sequentially from the previous quarter.

Improved Paying User Conversion Rate

The paying user conversion rate increased to 16.2% in Q1 from 14.6% in Q4 2024.

Significant Reduction in Net Loss

Net loss for Q1 was $15 million, compared to a net loss of $27 million in the prior year.

Strong Cash Position

Ended Q1 with $264 million in cash, including a $7.5 million payment received from AviaGames as part of a settlement.

Skillz (SKLZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SKLZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	-1.27 / -	-1.2	―	―	―
Aug 07, 2025	2025 (Q2)	-1.34 / -0.58	1.44	-140.28% (-2.02)	―
May 08, 2025	2025 (Q1)	-1.09 / -0.92	-1.45	36.55% (+0.53)	―
Mar 13, 2025	2024 (Q4)	-1.13 / -1.50	-1.04	-44.23% (-0.46)	―
Nov 07, 2024	2024 (Q3)	-1.11 / -1.20	-1.57	23.57% (+0.37)	―
Aug 01, 2024	2024 (Q2)	-1.20 / 1.44	-1.05	237.14% (+2.49)	―
May 09, 2024	2024 (Q1)	-1.23 / -1.45	-1.8	19.44% (+0.35)	―
Mar 14, 2024	2023 (Q4)	-1.39 / -1.04	-6.8	84.71% (+5.76)	―
Nov 08, 2023	2023 (Q3)	-1.41 / -1.57	-3.8	58.68% (+2.23)	―
Aug 02, 2023	2023 (Q2)	-1.26 / -1.05	-3	65.00% (+1.95)	―

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 08, 2025	$5.28	$5.58	+5.68%
Mar 13, 2025	$5.11	$4.39	-14.09%
Nov 07, 2024	$5.63	$5.07	-9.95%
Aug 01, 2024	$6.32	$6.10	-3.48%

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 Oct 29, 2025, After Close (Confirmed).

What is Skillz Inc. (SKLZ) earnings time?

Skillz Inc. (SKLZ) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SKLZ EPS forecast?

SKLZ EPS forecast for the fiscal quarter 2025 (Q3) is -1.28.

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