Inspired Entertainment, Inc. (INSE) Form 8-K — Nov 5, 2026
Inspired Entertainment reported Q3 2026 revenue of $61.4 million, down 29% reported due to the UK Holiday Parks divestiture, but up 4% like-for-like and roughly 9% adjusting for higher UK gaming taxes. Adjusted EBITDA of $28.2 million was down 13% year over year yet delivered a record 46% margin, with net loss of just $0.1 million. The company cut its FY2026 Adjusted EBITDA guidance to $109M-$112M from $112M-$118M, primarily reflecting Brazil's unexpected suspension of regulated online gaming, which affected a business representing about 5% of total revenue.
Key figures
- Eps
- 0
- Revenue
- 61400000
- Guidance
- FY2026 Adjusted EBITDA lowered to $109M-$112M from $112M-$118M
- Revenue Yoy
- -29% reported; +4% like-for-like; ~+9% adjusting for higher UK gaming taxes
- Cash
- 35300000
- Adjusted eps
- 0.1
- Long term debt
- 322900000
- Adjusted ebitda q3
- 28200000
- Fcf conversion ytd
- 22%
- Nine month revenue
- 179400000
- Adjusted ebitda yoy
- -13%
- Uk machine games duty
- 20% to 25% effective April 2027
- Adjusted ebitda margin
- 46% (record)
- Adjusted net income q3
- 2800000
- Brazil revenue exposure
- ~5% of total revenue
AI analysis
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