Skillz Inc. (SKLZ) Form 10-Q — May 15, 2026
Skillz Inc. reported Q1 2026 revenue of $29.1 million, a 33% increase year-over-year, driven by a 120% surge in its RZR advertising segment which turned profitable with $2.0 million in adjusted EBITDA. The core Skillz gaming segment grew revenue 12% to $19.7 million but continued to post a significant adjusted EBITDA loss of $14.8 million, resulting in a consolidated net loss of $10.9 million. The company holds $185.4 million in cash against $129.7 million in senior secured notes maturing in December 2026, providing a comfortable liquidity cushion.
Key figures
- Revenue
- 29105000
- Total Debt
- 129671000
- Revenue Yoy
- 33%
- Cash Position
- 185401000
- Rzr adjusted ebitda
- 2044000
- Rzr segment revenue
- 9756000
- Skillz segment revenue
- 19656000
- Litigation judgment papaya
- 420000000
- Shares outstanding class a
- 12177494
- Shares outstanding class b
- 3430063
Price after filing
Close on the filing date to close N calendar days later (from $6.51). Historical, not a forecast.
AI analysis
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