PLAYSTUDIOS
Publishes social casino and casual games linked to real-world rewards.
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Profile
Publishes free-to-play social casino, Tetris, and casual card and puzzle games through playGAMES, while playAWARDS turns gameplay points into partner rewards. Revenue comes mainly from virtual currency and advertising, and the business depends on app-store platforms, licensed brands, and a concentrated paying-player base.
Runs playGAMES as a portfolio of free-to-play mobile and web titles, including myVEGAS, Tetris, Solitaire, Sudoku, Mahjong, and The Win Zone. playAWARDS connects gameplay points to hospitality, travel, entertainment, retail, and leisure rewards from real-world partners.
Monetization comes mainly from virtual-currency purchases in social casino games, with advertising more important in casual puzzle and card titles. The operating footprint is global, with studios across multiple countries and rewards partners spanning many markets.
Execution centers on combining licensed brands, casino-style game design, casual game expansion, and loyalty redemption. The business depends on Apple, Google, Amazon, and Facebook distribution, third-party IP such as MGM, Konami, and Tetris, and a small paying-player base that drives a substantial share of revenue.
Company facts
Categories
Key statistics
Year to date −24.4% · Average volume (30d) 295.2K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Mar 17, 2026 | Craig-Hallum | Target | $2 | $1 | ||
| Mar 17, 2026 | Benchmark | Downgrade | Speculative Buy | Hold | ||
| May 23, 2025 | Craig-Hallum | Upgrade | Hold | Buy | ||
| May 6, 2025 | Benchmark | Upgrade | Hold | Speculative Buy | ||
| Dec 18, 2024 | JP Morgan | Downgrade | Neutral | Underweight |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026Q2 FY26 | −$0.04 | −$0.10 | −168.2% | $57.1M | $55.0M | −3.6% | −4.30% |
| May 11, 2026Q1 FY26 | −$0.05 | −$0.08 | −60.0% | $52.7M | $58.4M | +10.9% | −12.22% |
| Mar 16, 2026Q4 FY25 | −$0.04 | −$0.09 | −125.0% | $56.2M | $55.4M | −1.5% | +4.00% |
| Nov 3, 2025Q3 FY25 | −$0.02 | −$0.07 | −250.0% | $56.2M | $57.6M | +2.5% | −9.78% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $62.7M | $59.3M | $57.6M | $55.4M | $58.4M | $55.0M | |
| Gross profit | $46.9M | $44.8M | $44.0M | $41.9M | $36.5M | $44.2M | |
| Operating income | −$2.7M | −$3.5M | −$7.9M | −$9.0M | −$8.7M | −$9.5M | |
| Net income | −$2.9M | −$2.9M | −$9.1M | −$13.7M | −$10.7M | −$13.3M | |
| Diluted EPS | −$0.02 | −$0.02 | −$0.07 | −$0.11 | −$0.08 | −$0.10 | |
| Gross margin | 74.8% | 75.5% | 76.4% | 75.6% | 62.5% | 80.3% | |
| Operating margin | -4.4% | -5.9% | -13.6% | -16.2% | -14.8% | -17.4% |
Fiscal years (4-quarter sums)FY21 $287.4M · FY22 $290.3M · FY23 $310.9M · FY24 $289.4M · FY25 $235.1M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $102.7M · Total debt $5.5M · Total assets $271.1M · Shareholders' equity $207.7M
Dividends
No dividends on record.
Ownership
Shares outstanding 128.72M · Float 91.04M · 70.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 6.89M | 5.35% | 13F | May 13, 2026 |
| Almitas Capital LLC | 4.70M | 3.65% | 13F | May 15, 2026 |
| Vanguard Capital Management LLC | 3.82M | 2.97% | 13F | May 15, 2026 |
| Ameriprise Financial Inc | 3.26M | 2.53% | 13F | Jul 17, 2026 |
| Rubric Capital Management LP | 2.70M | 2.10% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 8, 2026 | Scott Edward Peterson | officer: Chief Financial Officer | −23,984 | $0.4700 |
| Apr 7, 2026 | Scott Edward Peterson | officer: Chief Financial Officer | −23,984 | $0.4500 |
| Jan 20, 2026 | Scott Edward Peterson | officer: Chief Financial Officer | +11,593 | |
| Nov 19, 2025 | Scott Edward Peterson | officer: Chief Financial Officer | −30,000 | $0.6500 |
| Nov 18, 2025 | Scott Edward Peterson | officer: Chief Financial Officer | −30,000 | $0.6700 |
Peers
- Playtika
Large social-casino and casual mobile publisher with DTC channels
- DoubleDown Interactive (ADR)
Nasdaq ADS social-casino peer built around DoubleDown Casino
- Allstate
Product Madness social casino and slot IP contest core playGAMES
- Take-Two Interactive
Zynga mobile games overlap social casino, casual, and ad monetization
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PLAYSTUDIOS | $0.4900 | −1.82% | $64.3M | — | — | 0.3 | −7.3% |
| Playtika | $2.28 | −2.15% | $882.5M | — | 3.3 | 0.3 | +5.0% |
| DoubleDown Interactive (ADR) | $12.78 | 0.00% | $633.0M | 5.1 | 5.2 | 1.7 | +11.2% |
| Allstate | $260.58 | −0.03% | $67.08B | 5.2 | 9.2 | 1.0 | −7.2% |
| Take-Two Interactive | $235.64 | +0.08% | $44.01B | — | 28.9 | 6.6 | +2.0% |
| Median | 5.1 | 7.2 | 1.3 | +3.5% |






