Playtika Holding Corp. reported its financial results for the second quarter ended June 30, 2025, with revenue reaching $696.0 million. This represents an 11.0% increase year-over-year but a 1.4% decrease sequentially. Direct-to-Consumer (DTC) revenue was $175.9 million, up 1.3% year-over-year but down 1.8% sequentially.
GAAP net income for the quarter significantly decreased by 61.7% year-over-year to $33.2 million, and Adjusted EBITDA was $167 million, a 12.6% year-over-year decrease. The company revised its full-year 2025 revenue guidance downwards to a range of $2.70 billion to $2.75 billion, while maintaining its Adjusted EBITDA guidance at $715 million to $740 million.
Robert Antokol, CEO, highlighted the success of Disney Solitaire, which rapidly achieved a $100 million annual run-rate revenue threshold, demonstrating the effectiveness of the SuperPlay acquisition. Bingo Blitz continued to show strong engagement and significant growth in DTC revenue, reinforcing its position as a leading title. Playtika also increased its long-term D2C revenue target from 30% to 40% of total revenues, aiming to balance margins during its portfolio transition.
The Board of Directors declared a cash dividend of $0.10 per share of common stock, payable on October 10, 2025, to stockholders of record as of September 26, 2025. The company also reported incurring $7.8 million in restructuring activities during the second quarter of 2025.
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