PLAYSTUDIOS, Inc. (MYPS) SEC Filings & Earnings Calls
EquiReason read 16 PLAYSTUDIOS, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-10-19 — Nasdaq confirmed compliance with minimum bid price rule after reverse stock split; matter closed..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 45.6M
- P/E TTM
- —
- Dividend yield
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- 52-week
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- Next earnings
- 2 Nov, in 9 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
19 Oct 20268-K · 8.01Nasdaq confirmed compliance with minimum bid price rule after reverse stock split; matter closed.open
Risks flagged
No new risk signals; prior non-compliance resolved.
6 Oct 20268-K · 2.06PLAYSTUDIOS ceased Tetris Block Party, recognizing a non-cash pre-tax impairment charge of $3.0M-$3.5M in Q3 2026, primarily for capitalized software and acquired technology.open
Risks flagged
Product discontinuation and impairment may signal broader portfolio challenges or reduced future revenue from discontinued product
“cease operation of Tetris Block Party; impairment charge $3.0M-$3.5M”
25 Sep 20268-K · 8.01PLAYSTUDIOS, Inc. announced the effective date and split ratio of its previously announced reverse stock split via press release on September 24, 2026.open
Risks flagged
Reverse stock split may indicate low share price; potential for delisting risk if not meeting exchange requirements.
“Reverse stock split announced; often used to boost share price to meet minimum bid price requirements.”
23 Sep 20268-K · 2.06PLAYSTUDIOS ceased operations of its sweepstakes product 'The Win Zone', recording a pre-tax impairment charge of $3.0M-$3.5M related to capitalized software. Indicates product failure.open
Risks flagged
Product failure and asset impairment.
“Ceased operation of The Win Zone; impairment charge of $3.0M-$3.5M.”
11 Aug 202610-QQ2 2026 results showed a significant decline: revenue down 7.3% YoY, net loss widened to $13.3M from $2.9M, and playGAMES AEBITDA margin fell 670 bps.earningsopen
Figures in the filing · each found in the filing text
| Net revenue · consolidated · Q2-2026 | $55M | -7% y/y |
| Net loss · consolidated · Q2-2026 | $-13M | +350% y/y |
| playGAMES Net revenue · playGAMES · Q2-2026 | $54M | -8% y/y |
| playGAMES Virtual currency revenue · playGAMES · Q2-2026 | $42M | -13% y/y |
| playGAMES Advertising revenue · playGAMES · Q2-2026 | $12M | +11% y/y |
| playGAMES Average DAU · playGAMES · Q2-2026 | 1,903 | -19% y/y |
| playGAMES Average MAU · playGAMES · Q2-2026 | 7,796 | -22% y/y |
| playGAMES Average DPU · playGAMES · Q2-2026 | 19 | 0% y/y |
| playGAMES Average Daily Payer Conversion · playGAMES · Q2-2026 | 1.0% | |
| playGAMES ARPDAU · playGAMES · Q2-2026 | $0.32 | +14% y/y |
Risks flagged
Gambling litigation and regulatory risk
“The Company is party to multiple lawsuits and arbitration demands alleging that its social casino games constitute illegal gambling under state laws, with accrued litigation of $4.7 million as of June 30, 2026.”
Goodwill impairment risk
“As of the Company’s most recent annual impairment test performed on October 1, 2025, the estimated fair values of the reporting units exceeded their respective carrying values by a relatively narrow amount.” · word for word
Competitive pressure from sweepstakes casino
“Our traditional social casino business has experienced declining performance, which we believe has been driven in significant part by increased competition from sweepstakes-based casino offerings, and this trend may continue or accelerate.” · word for word
Revenue concentration on third-party platforms
“We derive a significant portion of our revenue from the distribution of our games on the Apple App Store, Google Play Store, Amazon Appstore, and Facebook.” · word for word
Dependence on MGM for rewards and IP
“MGM historically has provided a substantial amount of such rewards, and the majority of the rewards redeemed through our playAWARDS program in recent periods (including the year ended December 31, 2025) have been offered by MGM.” · word for word
11 Aug 20268-K · 2.02PLAYSTUDIOS reports Q2 2026 revenue decline to $55.0M (from $59.3M), net loss widening to $13.3M, and AEBITDA margin shrinking to 13.3%. Management cites secular pressure on legacy portfolio, slowing growth in Tetris Block Party, and underpopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $55M | -7% y/y |
| Net loss · Q2-2026 | $13M | |
| Consolidated AEBITDA · Q2-2026 | $7M | -32% y/y |
| Direct-to-consumer revenue · Q2-2026 | $15M | +120% y/y |
| Average DAU · Q2-2026 | 1,900,000 | |
| Average MAU · Q2-2026 | 7,800,000 | |
| ARPDAU · Q2-2026 | $0.32 | |
| Cash and cash equivalents · Q2-2026 | $103M | |
| Tetris Block Party DAU · June 2026 | 123,000 |
Guidance
Reassessing growth investments; reducing scope of Tetris Block Party and playSWEEPS; prioritizing profitability and cash generation
Management explicitly signals reduced growth investment and focus on profitability, implying lower forward revenue expectations.
Risks flagged
Legacy portfolio secular decline may continue to erode revenue and audience, pressuring margins.
“Legacy social casino revenue and audience remained under pressure, reflecting persistent secular headwinds across the category.” · word for word
Growth initiatives (Tetris Block Party, playSWEEPS) underperforming; capital allocation shift may limit future growth optionality.
“Tetris Block Party’s growth slowed... The Win Zone also performed below expectations... the Company has reduced the pace of investment.”
Restructuring execution risk; cost savings may not fully materialize or may take longer than expected.
“Renewal... included the closing of 4 of 9 studios, the elimination of 177 positions... remains on pace to realize... additional $33.0 million to $39.0 million of annualized savings.” · word for word
29 May 2026DEF 14AClass A common stock outstanding 112,264,257; Class B common stock outstanding 16,457,769; CEO voting power 77open
Figures in the filing · each found in the filing text
| Class A common stock outstanding · 2026-05-18 | 112,264,257 | |
| Class B common stock outstanding · 2026-05-18 | 16,457,769 | |
| CEO voting power · 2026-05-05 | 77.0% |
11 May 20268-K · 2.02Revenue down 7% YoY, net loss widened to $10.7M from $2.9M, AEBITDA down 71% to $3.6M, but DTC revenue up 150% and cost savings program underway.open
Figures in the filing · each found in the filing text
| Revenue · total · Q1-2026 | $58M | -7% y/y |
| Net loss · total · Q1-2026 | $11M | |
| Consolidated AEBITDA · total · Q1-2026 | $4M | -71% y/y |
| Direct-to-consumer revenue · total · Q1-2026 | $12M | +150% y/y |
| Average DAU · total · Q1-2026 | 2,100,000 | |
| Average MAU · total · Q1-2026 | 9,400,000 | |
| ARPDAU · total · Q1-2026 | $0.31 | |
| Cash and cash equivalents · total · Q1-2026 | $104M | |
| User acquisition expense increase · total · Q1-2026 | $7M | |
| Rewards purchased · total · Q1-2026 | 169,000 |
Risks flagged
Legacy social casino revenue under pressure due to broader category softness.
“Legacy social casino revenue remained under pressure, consistent with broader category softness.” · word for word
Challenging user acquisition environment due to data privacy policy changes.
“The adoption of more restrictive data privacy policies by the major platforms has reduced targeting efficiency.” · word for word
Net loss widening significantly year-over-year.
“Net loss was $10.7 million, compared to $2.9 million in the prior year period.”
11 May 202610-QPLAYSTUDIOS reported Q1 2026 results with revenue declining 6.9% YoY, operating loss widening to $13.3M, and initiated a reorganization plan with ~27% workforce reductionopen
Figures in the filing · each found in the filing text
| Net revenue · Q1-2026 | $58M | -7% y/y |
| Advertising revenue · playGAMES · Q1-2026 | $13M | +11% y/y |
| Segment AEBITDA · Q1-2026 | $7M | -55% y/y |
| Net loss · Q1-2026 | $11M | +271% y/y |
| Diluted EPS · Q1-2026 | $-0.08 | +300% y/y |
| Cash and cash equivalents · 2026-03-31 | $104M |
Risks flagged
Restructuring execution risk
“The 2026 Reorganization Plan includes a reduction of the Company’s current total global workforce by approximately 27%.” · word for word
Litigation risk
“The Company received four demands for arbitration during 2023 claiming that the games operated by PLAYSTUDIOS US, LLC constitute illegal gambling under the laws of various states.” · word for word
Goodwill impairment risk
“As of the Company’s most recent annual impairment test performed on October 1, 2025, the estimated fair values of the reporting units exceeded their respective carrying values by a relatively narrow amount.” · word for word
5 May 20268-K · 3.01PLAYSTUDIOS, Inc. received approval to transfer its listing from Nasdaq Global Market to Nasdaq Capital Market due to non-compliance with the minimum bid price requirement. The company has a second 180-day compliance period expiring Novembeopen
Risks flagged
High risk of delisting if bid price does not reach $1.00 by November 2, 2026.
“Failure to regain compliance may lead to delisting; reverse stock split considered.”
16 Mar 202610-KAnnual report (10-K) for fiscal year 2025; no explicit beat or miss stated, but filing details declining social casino performance and increased competitive/regulatory risks.earningsopen
Figures in the filing · each found in the filing text
| Average Monthly Active Users · FY2025 | 9,900,000 | |
| Average Daily Payer Conversion Rate · FY2025 | 0.8% | |
| Number of Rewards Partners · 2025-12-31 | 93 | |
| Number of Rewards Brands · 2025-12-31 | 167 | |
| Total Rewards Redeemed (Cumulative) · 2025-12-31 | 19,000,000 | |
| Cumulative Retail Value of Rewards Redeemed · 2025-12-31 | $965M | |
| Number of Games in Portfolio · 2025-12-31 | 18 | |
| Number of Employees (Full-Time) · 2025-12-31 | 530 |
Risks flagged
Sweepstakes Competition Risk
“Our traditional social casino business has experienced declining performance, which we believe is attributable in significant part to increased competition from sweepstakes-based casino offerings, and this trend may continue or accelerate.” · word for word
Regulatory/Litigation Risk
“We have been subject to lawsuits in Alabama, Tennessee, Kentucky and Washington, alleging that our social casino-themed games constitute illegal gambling under applicable state laws.” · word for word
MGM Dependency Risk
“MGM historically has provided a substantial amount of such rewards, and the majority of the rewards redeemed through our playAWARDS program in recent periods (including the year ended December 31, 2025) have been offered by MGM.” · word for word
Platform Dependency Risk
“We derive a significant portion of our revenue from the distribution of our games on the Apple App Store, Google Play Store, Amazon Appstore, and Facebook.” · word for word
Israel Operations Risk
“We have a significant number of employees based at our studio in Tel Aviv, Israel. Accordingly, political, economic, and military conditions in Israel and the surrounding region could directly affect our business and operations.” · word for word
16 Mar 20268-K · 2.02, 2.05Initiated internal reorganization plan reducing workforce by ~27%; expects $4.5M-$7M in charges; legacy portfolio continues to face industry-wide pressure in social casino.open
Figures in the filing · each found in the filing text
| Revenue · Q4-2025 | $55M | -18% y/y |
| Revenue · FY2025 | $235M | -19% y/y |
| Net Loss · Q4-2025 | $-14M | -39% y/y |
| Consolidated AEBITDA · Q4-2025 | $5M | -59% y/y |
| Consolidated AEBITDA Margin · Q4-2025 | 9.3% | |
| Average DAU · playGAMES · Q4-2025 | 2,000,000 | |
| Average MAU · playGAMES · Q4-2025 | 8,500,000 | |
| ARPDAU · playGAMES · Q4-2025 | $0.30 | |
| Direct to Consumer Revenue · Direct to Consumer · Q4-2025 | $8M | +77% y/y |
| Cash and Cash Equivalents · 2025-12-31 | $105M |
Risks flagged
Legacy social casino portfolio continues to decline due to industry-wide pressure and platform data privacy changes.
“Legacy portfolio continues to face industry-wide pressure, particularly in social casino.” · word for word
Restructuring plan involves 27% workforce reduction, which may impact morale and execution.
“The Plan includes a reduction of the Company’s current total global workforce by approximately 27 percent.” · word for word
User acquisition environment remains challenging due to platform data privacy policies, affecting player acquisition and retention.
“Mobile publishers across the industry have faced increasing difficulty acquiring and retaining players at scale in the wake of more restrictive platform data privacy policies.” · word for word
6 Nov 202510-QPLAYSTUDIOS reported a 19.1% revenue decline and a widened net loss, with both virtual currency and advertising revenue falling sharply.earningsopen
Figures in the filing · each found in the filing text
| Net revenue · Q3-2025 | $58M | -19% y/y |
| Advertising revenue · playGAMES · Q3-2025 | $11M | -17% y/y |
| playGAMES AEBITDA · playGAMES · Q3-2025 | $13M | -42% y/y |
| playAWARDS AEBITDA · playAWARDS · Q3-2025 | $-2M | +40% y/y |
Risks flagged
Securities class action litigation
“The Felipe Complaint alleges misrepresentations and omissions... seeks an award of damages for an unspecified amount.” · word for word
State gambling lawsuits
“Angel Deann Pilati... filed a civil lawsuit... alleging that PLAYSTUDIOS US, LLC makes available online games... that are games of chance and thus illegal gambling under Alabama law.”
Revenue concentration on platforms
“Apple, Inc. 40.5% of trade receivables; Google, LLC 16.0%; Xsolla (USA), Inc. 20.2%.”
3 Nov 20258-K · 2.02PLAYSTUDIOS Q3 2025 revenue fell 19.1% to $57.6M, net loss widened to $9.1M from $3.1M, AEBITDA margin halved to 12.6%, and full-year guidance cut below prior range due to market headwinds.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q3-2025 | $58M | -19% y/y |
| Net loss · Q3-2025 | $-9M | +194% y/y |
| Direct-to-consumer revenue · direct-to-consumer · Q3-2025 | $8M | +48% y/y |
| Average DAU · playGAMES · Q3-2025 | 2,200,000 | |
| Average MAU · playGAMES · Q3-2025 | 9,500,000 | |
| ARPDAU · playGAMES · Q3-2025 | $0.28 | |
| Rewards purchased (playAWARDS) · playAWARDS · Q3-2025 | 202,666 |
Guidance
Full-year net revenue and Consolidated AEBITDA expected below prior guidance range (no specific numbers provided)
Full-year guidance cut below prior range due to sustained softness in player activity and monetization.
Risks flagged
Core social casino business facing sustained market headwinds with no near-term recovery expected.
“While our core social casino business continues to encounter meaningful market headwinds” · word for word
Full-year guidance cut below prior range indicates worsening trends in player activity and monetization.
“the Company now expects full-year results for both net revenue and Consolidated Adjusted EBITDA to fall below the low end of the previously provided guidance ranges.” · word for word
Net loss more than doubled YoY, with negative operating leverage as revenue declines.
“Net loss was $9.1 million during the third quarter of 2025... compared to net loss of $3.1 million during the third quarter of 2024.” · word for word
PLAYSTUDIOS, Inc. — questions
- What did PLAYSTUDIOS, Inc. file recently?
- 16 SEC filings in the last 12 months. Latest: 8-K on 2026-10-19 — Nasdaq confirmed compliance with minimum bid price rule after reverse stock split; matter closed.
Every figure on this page comes from PLAYSTUDIOS, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.