Playtika Q2 Revenue Beats, Disney Solitaire Surges 289%, but Full-Year Outlook Tempered

summarizeSummary

Playtika's Q2 revenue of $731.1M beat estimates, driven by a 289% surge in Disney Solitaire, but the company guided toward the lower end of its full-year range, citing consumer caution and reduced marketing spend.

check_boxKey Events · Earnings and Guidance · PLTK

• Q2 Revenue Beats, Up 5% YoY

  Revenue of $731.1 million exceeded consensus by $21 million, with DTC platforms revenue surging 63.1% to $286.9 million.

• Disney Solitaire Revenue Jumps 289%

  Disney Solitaire generated $142.4 million in Q2, up 15.5% sequentially and 288.6% year over year, nearly matching Bingo Blitz's $145.1 million.

• Adjusted EBITDA Margin Expands to 28.2%

  Adjusted EBITDA of $206.1 million rose 23.4% YoY, with margin improving to 28.2% from 24.0% a year ago, driven by lower marketing spend.

• Full-Year Guidance Reaffirmed but Tempered

  Management reaffirmed 2026 revenue guidance of $2.75–$2.85 billion and Adjusted EBITDA of $750–$790 million, but expects results toward the lower end due to cautious consumer spending and reduced second-half marketing.

auto_awesomeAnalysis · PLTK · Technology

A strong second quarter saw Playtika deliver revenue of $731.1 million, beating consensus by $21 million, while Adjusted EBITDA jumped 23.4% year over year to $206.1 million. The standout performer was Disney Solitaire, which grew 289% year over year to $142.4 million and now rivals the flagship Bingo Blitz. Despite these results, management tempered the full-year outlook, guiding toward the lower end of its $2.75–$2.85 billion revenue range, citing cautious consumer spending and a planned pullback in marketing. The stock trades at $3.91, and the reaffirmed guidance—while still calling for growth—suggests the second half may not sustain Q2's momentum.