Playtika Holding Corp. (NASDAQ:PLTK) Posts Mixed Q2 2025 Results with Revenue Growth but EPS Miss

Last update: Aug 7, 2025

Playtika Holding Corp. (NASDAQ:PLTK) Reports Mixed Q2 2025 Results Amid Market Reaction

Playtika Holding Corp. (NASDAQ:PLTK) released its second-quarter 2025 financial results, revealing a mixed performance relative to analyst expectations. The company reported revenue of $696.0 million, marking an 11.0% year-over-year increase but falling short of the consensus estimate of $719.5 million. Sequentially, revenue declined by 1.4%, reflecting softer performance in its direct-to-consumer (DTC) segment, which saw a 1.8% sequential drop.

Earnings per share (EPS) came in at $0.02, significantly below the estimated $0.13. This miss was driven by higher costs, including a 20.5% year-over-year increase in total expenses, which rose to $586.3 million. Adjusted EBITDA stood at $167.0 million, down 12.6% compared to the prior year, while GAAP net income declined sharply by 61.7% year-over-year to $33.2 million.

Market Reaction

The market responded negatively to the earnings release, with pre-market trading showing a decline of approximately 2.3%. Over the past month, PLTK shares have dropped by 11.0%, reflecting investor concerns over profitability and slowing growth in key segments.

Key Highlights from the Earnings Report

Revenue Performance: While total revenue grew year-over-year, the sequential decline suggests challenges in sustaining momentum. DTC revenue, a strategic focus for Playtika, increased only 1.3% year-over-year to $175.9 million.
Game Performance:
- Bingo Blitz revenue rose 2.9% year-over-year to $160.2 million.
- Slotomania revenue fell sharply by 35.4% year-over-year to $86.5 million.
- June’s Journey revenue declined 7.4% year-over-year to $69.1 million.
Operational Metrics: Average daily paying users increased 26.8% year-over-year to 378K, but payer conversion remained flat sequentially at 4.3%.
Dividend & Outlook: Playtika announced a quarterly dividend of $0.10 per share. The company revised its full-year revenue guidance to between $2.70 billion and $2.75 billion, slightly below the analyst consensus of $2.89 billion. Adjusted EBITDA guidance was maintained at $715–$740 million.

Forward-Looking Estimates vs. Playtika’s Outlook

Analysts had projected Q3 2025 revenue of $724.3 million and full-year revenue of $2.89 billion, both of which exceed Playtika’s updated guidance. The company’s conservative outlook, combined with the Q2 earnings miss, likely contributed to the negative market reaction.

Conclusion

Playtika’s Q2 results reflect ongoing challenges in monetization and cost management, particularly in its legacy casino-themed games. While user engagement remains strong, profitability pressures and a cautious full-year outlook have weighed on investor sentiment.

For more detailed earnings estimates and historical performance, visit Playtika’s earnings estimates page.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.