NYSE$SKLZ
Skillz Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Skillz Inc reported revenue growth and narrowed net loss for the first quarter of 2026.
Skillz Inc achieved consolidated revenue of $29.1 million in Q1 2026, up 33% year-over-year, driven by strong performance in its RZR advertising segment and modest growth in the core Skillz platform. The company narrowed its net loss to $10.9 million from $17.1 million in the prior year period, supported by litigation settlement gains and cost management. Cash and cash equivalents stood at $185.4 million at quarter end.
- Revenue increased 33% to $29.1 million, led by 120% growth in RZR advertising revenue to $9.8 million.
- Net loss narrowed to $10.9 million, with operating loss improving to $8.8 million from $15.5 million.
- RZR segment delivered positive adjusted EBITDA of $2.0 million, while Skillz segment adjusted EBITDA was negative $14.8 million.
- Cash position remained strong at $185.4 million despite $6.7 million used in operating activities.
Headline financials
Revenue & EPS history
Skillz · Revenue · Quarterly
$29.1M
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
No explicit quantitative guidance provided for future periods.
Tailwinds
- RZR segment showing strong revenue momentum and positive adjusted EBITDA.
- Continued litigation settlement inflows expected in future years.
Headwinds
- Ongoing legal proceedings and potential impact from developer contract disputes.
- Continued net losses and cash usage in operations.
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 2026
-3.8%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+3.3%
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% | — | |
| Q4 2025 | -4.6% | -3.9% | +195.8% | |
| 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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