DoubleDown Interactive Reports Third Quarter 2026 Revenue of $94.3 Million and Earnings per Fully Diluted Common Share of $7.41
Key Highlights
- ➤DoubleDown (DDI) revenue fell 1.6% to $94.3 million year-over-year
- ➤Adjusted EBITDA rose 7.2% to $40.2 million; margin expanded to 42.7%
- ➤Direct-to-Consumer revenue climbed to $44.6 million, 58.0% of social casino revenue
- ➤DoubleU Games launched a $16.25-per-ADS tender offer for remaining DoubleDown ADSs
- ➤Profit fell 43.9% to $18.4 million, pressured by foreign-currency losses and higher taxes
Expert Statements
Joe Sigrist, Chief Financial Officer of DoubleDown Interactive
“Following our strong results in the first half of 2026, DoubleDown’s third quarter results reflect another period of solid performance, and exceeded consensus expectations for revenue and Adjusted EBITDA. Operational excellence drove our operating profit to $37.5 million and a 7.2% year-over-year growth in adjusted EBITDA and expanded our third quarter adjusted EBITDA margin to 42.7%. Direct-to-Consumer expansion continues, with revenue of $44.6 million in the third quarter representing 58% of social casino revenue, up from 52% last quarter and 21% a year ago.”
Joe Sigrist, Chief Financial Officer of DoubleDown Interactive
“Our ability to consistently drive a high conversion of revenue to cash flow remains a top operating priority, and enabled DoubleDown to generate $23.6 million of net cash flow from operations in the third quarter and a total of $94.7 million in the first nine months of 2026.”
Joe Sigrist, Chief Financial Officer of DoubleDown Interactive
“Looking ahead, we remain focused on execution across our social casino and iGaming portfolio while continuing to evaluate acquisitions in casual gaming, online gambling and mobile entertainment. With an aggregate net cash position of $545 million, DoubleDown’s strong balance sheet provides us with substantial financial flexibility to pursue strategic growth opportunities and value-building initiatives and transactions that build long-term shareholder value.”
SEOUL, South Korea, Nov. 11, 2026 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, today announced unaudited financial results for the third quarter ended September 30, 2026.
Third Quarter 2026 vs. Third Quarter 2025 Summary: * Revenue decreased 1.6% to $94.3 million in the third quarter of 2026 compared to $95.8 million in the third quarter of 2025. * Revenue from the Company’s social casino/free-to-play games was $76.8 million in the third quarter of 2026, a 3.5% decrease from the third quarter of 2025. The decrease was primarily due to lower revenue from the Company’s DoubleDown titles (excluding WHOW Games).
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