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Playtika Holding (PLTK) Q3 2026 Earnings Report
PLTK Q3 2026 EPS Results
- Actual EPS
- $0.11
- Consensus EPS
- $0.22
- Beat/Miss
- Missed by -$0.11
- One Year Ago EPS
- $0.11
PLTK Q3 2026 Revenue Results
- Actual Revenue
- $673.80M
- Expected Revenue
- $666.98M
- Beat/Miss
- Beat by +$6.82M
- YoY Revenue Growth
- -0.12%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/05/2026
- Time
- Before Open
- Conference Call
- Thursday, November 5, 2026
Playtika Holding's next earnings date is estimated for March 4, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
The call was broadly positive. Record adjusted EBITDA, expanding margins, strong free cash flow, rapid DTC growth, SuperPlay's growth and profitability, improving June's Journey performance, Slotomania stabilization, and reaffirmed full-year guidance outweighed the sequential revenue decline, lower user metrics, Bingo Blitz weakness, and higher G&A from the SuperPlay contingent-consideration revaluation. Management expressed confidence in the portfolio, cash generation, and balance-sheet plans while acknowledging the need to refinance upcoming maturities.
Playtika reaffirmed its full-year revenue range of $2.75 billion-$2.85 billion and adjusted EBITDA range of $750 million-$790 million, and now expects to land around the midpoint of both ranges; it expects to generate more than $400 million in free cash flow for the full year, after generating approximately $288 million through the first nine months excluding the classification of earnout-related payments in the second quarter, expects the fourth quarter to reflect the marketing cadence described throughout the year with room to invest in more user acquisition where strong returns are seen, expects SuperPlay to be profitable for the full year, intends to refinance upcoming maturities without increasing total debt, and expects to pay the SuperPlay earnout in the second quarter of 2027 from cash on hand and cash generated by the business.
- Record Adjusted EBITDA and Strong Margin ExpansionThird-quarter revenue was $673.8 million and adjusted EBITDA reached a record $252.1 million, up 22.3% sequentially and 15.9% year-over-year. Adjusted EBITDA margin expanded to 37.4%, from 16.8% in the first quarter and 28.2% in the second quarter.
- Full-Year Guidance Reaffirmed at MidpointPlaytika reaffirmed its full-year revenue guidance of $2.75 billion-$2.85 billion and adjusted EBITDA guidance of $750 million-$790 million, and now expects to land around the midpoint of both ranges. At the midpoint, this would be the fourth consecutive year the company has met or exceeded its adjusted EBITDA guidance.
- Strong Free Cash Flow GenerationThe company generated approximately $288 million of free cash flow through the first nine months of the year, excluding the classification of earnout-related payments in the second quarter, and expects more than $400 million of free cash flow for the full year.
- Direct-to-Consumer Revenue GrowthDirect-to-consumer revenue was $275.1 million, up 31.4% year-over-year and representing 40.8% of total revenue. Playtika reached its 40% run-rate DTC goal well ahead of the two-year timeline previously established.
- SuperPlay Growth and ProfitabilitySuperPlay revenue grew by strong double digits, and Disney Solitaire revenue increased 88.4% year-over-year. SuperPlay, which was losing money when acquired, is now profitable, and the company expects it to be profitable for the full year.
- SuperPlay Portfolio Reached ScaleSuperPlay has launched three games, and all three reached scale. Management said the studio's approach to building games that retain players is also providing lessons applicable to the broader Playtika portfolio.
- June's Journey Continued Double-Digit GrowthJune's Journey revenue was $76.6 million, up 2.4% sequentially and 12.1% year-over-year. The nine-year-old game benefited from live operations, personalization, stronger monetization from recent albums, and a strong response to its ninth-anniversary event.
- Slotomania StabilizedSlotomania, which was down by nearly half year-over-year a year ago, is now close to flat. Management attributed the stabilization to work on the game economy and new features designed to bring players back and keep them engaged.
- Diversified Portfolio Absorbed Bingo Blitz DeclineManagement said June's Journey grew, Slotomania stabilized, and the rest of the portfolio absorbed the Bingo Blitz decline. The company stated that no single title determines its results, allowing it to reallocate capital and reshape its cost base.
- Bingo Blitz Product and Franchise MilestonesBingo Blitz remains the number one bingo title worldwide. The company launched Leagues, a new permanent tournament feature, and the fourth quarter opened with the game's 16th birthday celebration.
- Core Players Remain ValuableManagement said Playtika's most loyal players continue to stay with its games and spend, with many players having played for more than 10 years. The company is focusing acquisition on users with higher lifetime economics.
- Lower Operating Costs in Several AreasCost of revenue was $175 million, down 1.9% year-over-year, while sales and marketing was $167.8 million, down 18.7% year-over-year and 33.6% sequentially, reflecting the planned step-down in marketing spend. Excluding the SuperPlay contingent-consideration revaluation, G&A was down 27.3% year-over-year.
- AI Embedded Across OperationsManagement said AI is embedded across the organization, including content, creatives, artists, campaign planning, event calendars, and A/B testing, with the goal of doing the same or more with less.
- Balance Sheet and Refinancing FocusThe strategic alternatives review was completed, and the board decided the best path was to execute as an independent company and strengthen the balance sheet. Playtika had $594.6 million in cash equivalents and short-term investments at September 30, intends to refinance upcoming maturities well ahead of their due dates, and does not intend to increase total debt.
- Expected SuperPlay Earnout FundingThe company expects to pay the SuperPlay earnout in the second quarter of 2027 from cash on hand and cash generated by the business.
PLTK Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Mar 04, 2027 | 2026 (Q4) | 0.14- | -0.82 | ― | ― |
| Nov 05, 2026 | 2026 (Q3) | 0.220.11 | 0.11 | 0.00% (+0.00) | |
| Aug 06, 2026 | 2026 (Q2) | 0.170.13 | 0.09 | 44.44% (+0.04) | |
| May 07, 2026 | 2026 (Q1) | 0.08-0.15 | 0.08 | -287.50% (-0.23) | |
| Feb 26, 2026 | 2025 (Q4) | 0.14-0.82 | -0.04 | -1950.00% (-0.78) | |
| Nov 06, 2025 | 2025 (Q3) | 0.150.11 | 0.11 | 0.00% (+0.00) | |
| Aug 07, 2025 | 2025 (Q2) | 0.130.09 | 0.23 | -60.87% (-0.14) | |
| May 08, 2025 | 2025 (Q1) | 0.110.08 | 0.14 | -42.86% (-0.06) | |
| Feb 27, 2025 | 2024 (Q4) | 0.18-0.04 | 0.1 | -140.00% (-0.14) | |
| Nov 07, 2024 | 2024 (Q3) | 0.180.11 | 0.1 | 10.00% (+0.01) |
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.
