NYSE$SKLZ
Skillz Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported record-breaking first quarter results with revenue growth for 21 consecutive quarters.
Skillz Inc. reported a strong first quarter with revenue reaching $83.7 million, a 92% increase year-over-year. The company raised its full-year revenue guidance to $375 million. Paying Monthly Active Users grew 81% year-over-year, reaching 0.467 million.
- Revenue grew to $83.7 million, up 92% year-over-year.
- Gross profit grew to $79.4 million, up 95% year-over-year.
- Paying MAU reached 0.467 million, an 81% increase year-over-year.
- Increased 2021 revenue guidance to $375 million, representing 63% year-over-year growth.
Headline financials
Revenue & EPS history
Skillz · Revenue · Quarterly
$83.7M
Revenue by segment
Skillz · $29.4M total across 2 segments · Q1 2026
- Skillz Platform$19.7M—66.8%
- RZR Advertising$9.76M—33.2%
Forward guidance
The Company is increasing 2021 revenue guidance to $375 million, which equates to 63% year-over-year growth.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
-3.8%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+4.2%
Avg return
30 days after
27%
7 / 26 earnings
Positive
+15.5%
Q4 2022
Best reaction
-19.9%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.8% | +11.2% | +33.0% | |
| Q4 2025 | -4.6% | -3.9% | +189.6% | |
| Q3 2025 | -0.8% | -0.6% | -11.4% | |
| Q2 2025 | +14.0% | +29.8% | +11.9% | |
| Q1 2025 | +6.2% | +15.3% | +19.3% | |
| Q4 2024 | -14.1% | -10.6% | -18.8% | |
| Q3 2024 | -9.0% | -11.5% | -0.9% | |
| Q2 2024 | -5.4% | -6.2% | -8.5% | |
| Q1 2024 | -13.5% | +2.4% | +11.0% | |
| Q4 2023 | -11.7% | -12.6% | -12.8% | |
| Q3 2023 | -14.9% | -6.7% | +10.8% | |
| Q2 2023 | -14.4% | -12.9% | -28.9% | |
| Q1 2023 | -14.2% | -14.8% | -8.0% | |
| Q4 2022 | +15.5% | +14.0% | +21.2% | |
| Q3 2022 | -1.0% | +2.9% | -3.7% | |
| Q2 2022 | -8.7% | +0.0% | -27.3% | |
| Q1 2022 | -3.3% | -20.0% | -22.3% | |
| Q4 2021 | -19.9% | -13.9% | -15.0% | |
| Q3 2021 | -1.8% | +6.3% | -30.6% | |
| Q2 2021 | -14.6% | -16.1% | -12.9% | |
| Q1 2021 | -6.3% | -4.9% | +28.5% | |
| Q4 2019 | +13.2% | +5.7% | -37.9% | |
| Q4 2020 | +9.5% | +24.0% | -31.9% | |
| Q3 2020 | +4.3% | +6.7% | +39.3% | |
| Q2 2020 | -0.3% | -1.9% | +11.0% | |
| Q1 2020 | +1.5% | +2.0% | +4.0% |
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