Playtika Holding 2025 Q2 Earnings Earnings Fall 61.7% Amid Revenue Growth

Playtika Holding reported fiscal 2025 Q2 earnings on August 7, 2025, showing revenue growth of 11.0% but a significant decline in net income. The company revised its full-year revenue guidance downward, reflecting ongoing challenges in monetization and market headwinds.

Revenue
Playtika Holding generated total revenue of $696 million in Q2 2025, marking an 11.0% increase compared to $627 million in the same quarter of the previous year. The growth was driven by sustained demand across its mobile gaming portfolio and the performance of key titles like Bingo Blitz and Disney Solitaire.

Earnings/Net Income
The company’s net income fell to $33.20 million in Q2 2025, a 61.7% decline from $86.60 million in Q2 2024. Earnings per share (EPS) dropped 60.9% to $0.09 from $0.23. Despite the sharp earnings contraction, the company has remained profitable for six consecutive years, underscoring its resilience in a challenging market.

Price Action
Following the earnings release, Playtika’s stock continued to underperform. It dropped 5.73% on the day, 11.34% during the week, and 19.88% month-to-date as of August 7, 2025.

Post Earnings Price Action Review
The historical strategy of purchasing Playtika shares after revenue growth in earnings reports has generally yielded favorable returns over the past three years. A 30-day holding period following the report produced a 30.77% average return, outperforming the 15.31% return of the NASDAQ Composite over the same period. While 2024 Q2 showed a modest underperformance, subsequent quarters demonstrated strong relative gains, particularly in Q4 and Q1 of 2025. However, the strategy’s success was accompanied by higher volatility compared to the broader market. The timing of the trades, closely aligned with earnings reports, played a critical role in capturing investor sentiment around key financial developments and new game launches such as Jackpot Tour.

CEO Commentary
CEO Robert Antokol highlighted Q2 revenue of $696 million and adjusted EBITDA of $167 million, noting underperformance amid broader mobile gaming challenges. He emphasized Disney Solitaire’s $100 million annual run rate and praised the SuperPlay team’s collaboration with Disney & Pixar. Antokol also noted the strong engagement of Bingo Blitz and the growth of D2C revenue, while acknowledging difficulties in monetizing Slotomania. He reiterated a long-term D2C target increase to 40% from 30%, aiming to offset margin pressures and support portfolio transitions.

Guidance
Playtika revised its 2025 full-year revenue guidance to a range of $2.7 billion to $2.75 billion, down from the previous $2.8 billion to $2.85 billion. The adjusted EBITDA guidance remains unchanged at $715 million to $740 million, as the company looks to offset Slotomania’s revenue declines through D2C expansion and operational efficiencies.

Additional News
On July 17, 2025, Playtika announced that it would release its second quarter 2025 financial results before the U.S. market opens on August 7, 2025. The company also scheduled a conference call for the same day at 5:30 AM Pacific Time to discuss the earnings. A live webcast and related materials will be available on Playtika’s Investor Relations website. As a leading mobile gaming and technology company, Playtika continues to focus on innovation and strategic growth in its portfolio of free-to-play games. For investor inquiries, Tae Lee, SVP of Corporate Finance and Investor Relations, can be contacted via email.