Skillz (SKLZ) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for Skillz.

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Recent press releases and 8-K filings for SKLZ.

Skillz Inc. Announces Preliminary Q3 2025 Results Amidst Delayed Filings and NYSE Compliance Deadline

SKLZ

Earnings

Delisting/Listing Issues

Skillz Inc. reported preliminary Q3 2025 revenue of $27.4 million and a net loss of $17.4 million. The company's Adjusted EBITDA loss was $11.8 million, an improvement compared to a $13.9 million loss in Q3 2024.
The company's Paying Monthly Active Users (PMAU) increased 28% year-over-year to 155,000 in Q3 2025, with Average Revenue Per Paying Monthly Active User (ARPPU) at $58.9.
As of September 30, 2025, Skillz held $213 million in cash and restricted cash.
Skillz is facing NYSE delisting issues due to delayed filings and has been granted an extension until December 17, 2025, to become current with its SEC filings, including the 2024 Form 10-K and Q1 and Q2 2025 Form 10-Qs.
The company also made adjustments to its preliminary Q2 2025 results, which included a $2.2 million reduction in revenues and a $9.1 million increase in net loss for that quarter.

Nov 6, 2025, 9:47 PM

Skillz Reports Preliminary Q3 2025 Results and Addresses Filing Delays

SKLZ

Earnings

Legal Proceedings

Delisting/Listing Issues

Preliminary Q3 2025 GAAP revenue reached $27 million, an 11% year-over-year increase, with an Adjusted EBITDA loss of $12 million and 155,000 paying monthly active users (MAU), up 28% year-over-year.
The company is working to complete its annual report on Form 10-K for FY 2024 and quarterly reports on Form 10-Q for Q1 and Q2 2025, expecting to file them by December 17, 2025, within the New York Stock Exchange (NYSE) extension period after receiving a non-compliance notice.
Aarki's ad tech business continued its momentum with accelerating revenue growth and net revenue up more than 100% year-over-year, supported by new AI-driven product launches.
A major step forward in the Fair Play initiative occurred as a judge denied Papaya's motion for summary judgment, allowing Skillz' claims against Papaya to proceed to trial.

Nov 6, 2025, 1:30 PM

Skillz Announces Preliminary Third Quarter 2025 Results

SKLZ

Earnings

Delisting/Listing Issues

Revenue Acceleration/Inflection

Skillz reported preliminary unaudited Q3 2025 revenue of $27.4 million, reflecting 11% year-over-year and 9% sequential quarterly growth, alongside a net loss of $17.4 million and an Adjusted EBITDA loss of $11.8 million.
Paying monthly active users (PMAU) grew to 155,000 in Q3 2025, an increase of 28% year-over-year and 6% quarter-over-quarter, with Average Revenue Per Paying Monthly Active User (ARPPU) at $58.9.
As of September 30, 2025, the company maintained a cash and restricted cash balance of $213 million.
The company is experiencing delayed filings for its FY 2024, Q1 2025, and Q2 2025 financial statements, and the preliminary Q3 2025 results are unaudited and subject to revision.
Skillz received a NYSE notice for non-compliance due to these delayed filings and has been granted an extension until December 17, 2025, to become current with its SEC filings.