Super League Q2: Net Revenue Up 16%, Gross Margin Hits 41%, Cash at $6.7M
SLE sits 23% above its 52-week low of $2.56.
Summary
Super League reported Q2 2026 results showing sequential net revenue growth of 16% to $1.24M and gross margin expansion to 41% from 36%. Adjusted EBITDA loss narrowed about 20% year-over-year to $1.7M. Cash and investments jumped to $6.7M from $475K a year ago, and the company redeemed all remaining preferred stock. Management reiterated its goal of adjusted EBITDA profitability in Q4. The company also disclosed a 57% increase in weighted pipeline per seller to $2.8M as of July 31, signaling stronger commercial momentum. This follows the Q1 8-K and the recent S-3/A filing; the improved liquidity and margin trajectory are the key takeaways for traders.
At the time of this announcement, SLE was trading at $3.14 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.4M. The 52-week trading range was $2.56 to $137.16. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.