NYSE$SKLZ

Skillz Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Skillz reported Q4 2024 revenue of $20.4M, a net loss of $26.4M.

For Q4 2024, Skillz reported Revenue was $20.4M, net loss was $26.4M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $20.4M for Q4 2024.
  • Net loss $26.4M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$20.4M

Previous: $29.1M-30.0%
EPS (adj)

-$1.50

Previous: -$1.04-44.2%
Capital Expenditures

-$1.44M

Previous: -$1.15M-25.0%
Free Cash Flow

-$19.3M

No prior period
Net Income

-$26.4M

Previous: -$20.8M-26.9%
Operating Income

-$26.1M

Previous: -$25.5M-2.1%
Gross Profit

$17.1M

Previous: $25.7M-33.5%
R&D Expense

$3.56M

Previous: $3.39M+5.0%

Revenue & EPS history

Skillz · Revenue · Quarterly

$20.4M

Q4 2024-30%vs Q4 2023
Beat estimate in 1 of 12 quarters(8%)
ActualEstimate

Revenue by segment

Skillz · $29.4M total across 2 segments · Q1 2026

  • Skillz Platform
    $19.7M
  • RZR Advertising
    $9.76M

Forward guidance

Outlook tied to ARR growth, platform adoption, and operating leverage on cloud and security spend.

Tailwinds

  • Subscription growth and enterprise wins support recurring revenue.
  • AI and platform expansion broaden use cases.

Headwinds

  • Competition and elongating sales cycles.
  • Stock-based compensation and investment pace affect GAAP profitability.

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 Q4 2024

Historical avgQ4 2024

-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

Earnings price reactions
QuarterReport dateReaction (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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