Skillz Inc.SKLZEarnings & Financial Report
Skillz is an online mobile multiplayer video game competition platform that is integrated into a number of iOS and Android games. The Skillz platform helps developers create franchises by enabling social competition in their games. Skillz has over 14,000 game developers who launched a game integration on the platform. Skillz hosts billions of casual esports tournaments for millions of mobile players worldwide.
SKLZ Q3 2025 Key Financial Metrics
Revenue
$27.4M
Gross Profit
$24.0M
Operating Profit
$-16.3M
Net Profit
$-17.4M
Gross Margin
87.7%
Operating Margin
-59.4%
Net Margin
-63.7%
YoY Growth
11.4%
EPS
$-1.14
Financial Flow
Skillz Inc. Q3 2025 Financial Summary
Skillz Inc. reported revenue of $27.4M for Q3 2025, with a net profit of $-17.4M (-63.7% margin). Cost of goods sold was $3.4M, operating expenses totaled $40.3M.
Key Financial Metrics
| Total Revenue | $27.4M |
|---|---|
| Net Profit | $-17.4M |
| Gross Margin | 87.7% |
| Operating Margin | -59.4% |
| Report Period | Q3 2025 |
Skillz Inc. Annual Revenue by Year
Skillz Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $92.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $92.9M |
| 2023 | $152.1M |
| 2022 | $269.7M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.1M | $25.2M | $25.3M | $24.6M | $17.8M | $21.9M | $25.2M | $27.4M |
| YoY Growth | -27.1% | -43.1% | -37.0% | -32.6% | -42.9% | -13.2% | -0.3% | 11.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $395.8M | $382.4M | $402.9M | $390.2M | $374.3M | $359.9M | $328.2M | $309.2M |
| Liabilities | $185.3M | $196.8M | $187.6M | $190.7M | $201.2M | $203.1M | $187.9M | $182.1M |
| Equity | $210.5M | $185.6M | $215.2M | $199.5M | $173.0M | $156.8M | $140.3M | $127.2M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-12.3M | $-4.4M | $27.8M | $-11.0M | $-19.5M | $-10.9M | $-20.8M | $-24.5M |
More Companies
RBLX
Roblox Corp
Revenue
$1.4B
Net Profit
$-316.0M
U
Unity Software Inc.
Revenue
$503.1M
Net Profit
$-90.0M
GLXY
Galaxy Digital Inc.
Revenue
$28.4B
Net Profit
$505.1M
PONY
Pony AI Inc.
BETA
BETA Technologies, Inc.
Revenue
$8.9M
Net Profit
$-437.2M
KC
Kingsoft Cloud Holdings Ltd
Revenue
$241.2M
Net Profit
$-99.7M
CTRI
Centuri Holdings, Inc.
Revenue
$850.0M
Net Profit
$2.1M
RCAT
Red Cat Holdings, Inc.
Revenue
$9.6M
Net Profit
$-16.0M
CHCO
CITY HOLDING CO
Revenue
$61.1M
Net Profit
$35.2M
PLTK
Playtika Holding Corp.
Revenue
$674.6M
Net Profit
$39.1M