Skillz Inc. (SKLZ) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 29.11M | 27.34M | 27.37M | 27.37M | 22.41M | 17.77M | 24.56M | 25.3M | 25.23M | 31.1M | 36.43M | 40.17M | 44.38M | 42.68M | 59.22M | 71.76M | 91.86M | 108.85M | 102.07M | 89.49M |
| Revenue Growth % | 29.86% | 53.83% | 11.44% | 8.21% | -11.18% | -42.87% | -32.57% | -37.02% | -43.14% | -27.12% | -38.48% | -44.02% | -51.69% | -60.79% | -41.99% | -19.82% | 9.78% | 60.73% | 70.25% | 51.99% |
| Cost of Goods Sold | 3.6M | 3.51M | 3.35M | 3.22M | 2.96M | 3.23M | 3.37M | 3.35M | 3.45M | 3.46M | 3.69M | 3.65M | 4.58M | 4.88M | 7.6M | 9M | 9.2M | 8.42M | 7.65M | 4.39M |
| COGS % of Revenue | 12.36% | 12.84% | 12.26% | 11.76% | 13.23% | 18.2% | 13.73% | 13.23% | 13.68% | 11.11% | 10.14% | 9.09% | 10.32% | 11.43% | 12.83% | 12.55% | 10.01% | 7.74% | 7.49% | 4.9% |
| Gross Profit | 25.51M | 23.83M | 24.02M | 24.15M | 19.45M | 14.54M | 21.19M | 21.95M | 21.78M | 27.65M | 32.73M | 36.52M | 39.8M | 37.8M | 51.62M | 62.75M | 82.66M | 100.43M | 94.42M | 85.11M |
| Gross Margin % | 87.64% | 87.16% | 87.74% | 88.24% | 86.77% | 81.8% | 86.27% | 86.77% | 86.32% | 88.89% | 89.86% | 90.91% | 89.68% | 88.57% | 87.17% | 87.45% | 89.99% | 92.26% | 92.51% | 95.1% |
| Gross Profit Growth % | 31.16% | 63.91% | 13.35% | 10.04% | -10.72% | -47.42% | -35.26% | -39.89% | -45.27% | -26.86% | -36.58% | -41.81% | -51.85% | -62.36% | -45.34% | -26.26% | 4.08% | 56.31% | 66.09% | 52.13% |
| Operating Expenses | 41.76M | 51.63M | 40.29M | 30.73M | 40.21M | 38.77M | 42.18M | -3.64M | 48.66M | 48.19M | 64.17M | 66.77M | 71.87M | 185.16M | 131.58M | 118.86M | 228.72M | 204.45M | 176.07M | 135.09M |
| OpEx % of Revenue | 143.47% | 188.85% | 147.19% | 112.28% | 179.42% | 218.15% | 171.73% | -14.4% | 192.81% | 154.93% | 176.15% | 166.23% | 161.93% | 433.82% | 222.21% | 165.65% | 248.97% | 187.83% | 172.49% | 150.96% |
| Selling, General & Admin | 36.7M | 46.1M | 34.85M | 25.89M | 35.4M | 35.66M | 37.44M | 38.09M | 44.03M | 41.92M | 56.31M | 58.74M | 62.99M | 57.96M | 72.42M | 100.61M | 210.07M | 189.01M | 162.91M | 124.95M |
| SG&A % of Revenue | 126.08% | 168.64% | 127.3% | 94.6% | 157.95% | 200.66% | 152.42% | 150.56% | 174.48% | 134.77% | 154.59% | 146.25% | 141.92% | 135.79% | 122.29% | 140.21% | 228.67% | 173.65% | 159.6% | 139.63% |
| Research & Development | 5.06M | 5.53M | 5.44M | 4.84M | 4.82M | 3.11M | 4.74M | 4.27M | 4.62M | 3.39M | 7.85M | 8.03M | 8.88M | 6.73M | 7.94M | 18.25M | 18.65M | 15.43M | 13.16M | 10.14M |
| R&D % of Revenue | 17.4% | 20.21% | 19.89% | 17.68% | 21.49% | 17.49% | 19.3% | 16.89% | 18.32% | 10.9% | 21.56% | 19.98% | 20.01% | 15.77% | 13.4% | 25.44% | 20.3% | 14.18% | 12.89% | 11.33% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | -5K | 0 | 0 | -1000K | 0 | 1000K | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -16.25M | -27.8M | -16.27M | -6.58M | -20.77M | -24.23M | -20.99M | 25.59M | -26.87M | -20.54M | -31.43M | -30.25M | -32.07M | -147.35M | -79.97M | -56.11M | -146.05M | -104.02M | -81.64M | -49.99M |
| Operating Margin % | -55.83% | -101.69% | -59.44% | -24.04% | -92.65% | -136.35% | -85.46% | 101.17% | -106.48% | -66.04% | -86.29% | -75.32% | -72.25% | -345.25% | -135.04% | -78.2% | -158.99% | -95.56% | -79.99% | -55.86% |
| Operating Income Growth % | 21.74% | -14.73% | 22.48% | -125.72% | 22.72% | -17.96% | 33.21% | 184.6% | 16.21% | 86.06% | 60.69% | 46.09% | 78.04% | -41.66% | 2.06% | -12.24% | -183.78% | -140.58% | -185.83% | -297.12% |
| EBITDA | -15.53M | -27M | -16.05M | -6.39M | -20.6M | -23.75M | -20.6M | 26M | -26.48M | -20.44M | -30.95M | -29.51M | -31.44M | -145.45M | -75.64M | -50.27M | -140.51M | -98.98M | -76.65M | -49.44M |
| EBITDA Margin % | -53.37% | -98.78% | -58.63% | -23.33% | -91.9% | -133.67% | -83.87% | 102.77% | -104.92% | -65.71% | -84.95% | -73.46% | -70.84% | -340.79% | -127.74% | -70.05% | -152.96% | -90.93% | -75.1% | -55.25% |
| EBITDA Growth % | 24.58% | -13.68% | 22.1% | -124.57% | 22.2% | -16.22% | 33.43% | 188.1% | 15.79% | 85.95% | 59.09% | 41.3% | 77.62% | -46.95% | 1.31% | -1.66% | -175.99% | -131.69% | -172.72% | -303.25% |
| D&A (Non-Cash Add-back) | 716K | 796K | 224K | 194K | 167K | 477K | 390K | 403K | 395K | 103K | 486K | 746K | 626K | 1.9M | 4.32M | 5.84M | 5.54M | 5.04M | 4.99M | 547K |
| EBIT | -16.25M | -17.77M | -15.84M | -7.62M | -13.82M | -36.69M | -17.31M | -20.41M | -26.87M | -20.1M | -29.73M | -30.25M | -32.07M | -147.03M | -76.98M | -55.17M | -141.62M | -98.06M | 31.93M | -79.5M |
| Net Interest Income | -2.28M | -1.86M | -1.56M | -1.32M | -1.07M | -390K | 242K | 334K | 112K | 4.32M | -2.28M | -1.71M | -3.49M | -4.43M | -6.36M | -7.6M | -8.16M | -1.09M | -87K | -25K |
| Interest Income | 1.56M | 1.97M | 0 | 0 | 0 | 0 | 4.01M | 334K | 112K | 4.32M | 1.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 3.84M | 3.83M | 1.56M | 1.32M | 1.07M | 390K | 3.77M | 0 | 0 | 0 | 3.8M | 1.71M | 3.49M | 4.43M | 6.36M | 7.6M | 8.16M | 1.09M | 87K | 25K |
| Other Income/Expense | 5.38M | -1.26M | -1.13M | -2.36M | 5.87M | -842K | -91K | 526K | 186K | 5.08M | -2.1M | 13.66M | -3.46M | -4.11M | -3.38M | -6.66M | -3.72M | 4.88M | 113.49M | -29.54M |
| Pretax Income | -10.87M | -29.06M | -17.4M | -8.94M | -14.89M | -25.07M | -21.08M | 26.12M | -26.68M | -15.47M | -33.54M | -16.6M | -35.52M | -151.46M | -83.34M | -62.77M | -149.78M | -99.14M | 31.85M | -79.53M |
| Pretax Margin % | -37.35% | -106.3% | -63.57% | -32.67% | -66.46% | -141.09% | -85.83% | 103.25% | -105.75% | -49.72% | -92.06% | -41.32% | -80.04% | -354.87% | -140.75% | -87.47% | -163.04% | -91.08% | 31.2% | -88.87% |
| Income Tax | 74K | 56K | 40K | -24K | 36K | -76K | 32K | 73K | 38K | 46K | 9K | 114K | 69K | 143K | -120K | -155K | -213K | -170K | -18.93M | 65K |
| Effective Tax Rate % | -0.68% | -0.19% | -0.23% | 0.27% | -0.24% | 0.3% | -0.15% | 0.28% | -0.14% | -0.3% | -0.03% | -0.69% | -0.19% | -0.09% | 0.14% | 0.25% | 0.14% | 0.17% | -59.45% | -0.08% |
| Net Income | -10.95M | -29.12M | -17.44M | -8.92M | -14.93M | -25M | -21.11M | 26.05M | -26.72M | -15.51M | -33.55M | -16.71M | -35.59M | -151.6M | -83.22M | -62.61M | -149.56M | -98.97M | 50.78M | -79.59M |
| Net Margin % | -37.61% | -106.51% | -63.72% | -32.58% | -66.62% | -140.66% | -85.96% | 102.96% | -105.9% | -49.87% | -92.09% | -41.6% | -80.2% | -355.2% | -140.54% | -87.25% | -162.81% | -90.92% | 49.75% | -88.94% |
| Net Income Growth % | 26.7% | -16.48% | 17.4% | -134.24% | 44.13% | -61.15% | 37.05% | 255.86% | 24.92% | 89.77% | 59.69% | 73.31% | 76.2% | -53.18% | -263.89% | 21.34% | -179.08% | -125.29% | 218.51% | -294.88% |
| Net Income (Continuing) | -10.95M | -29.12M | -17.44M | -8.92M | -14.93M | -25M | -21.11M | 26.05M | -26.72M | -15.51M | -33.55M | -16.71M | -35.59M | -151.6M | -83.22M | -62.61M | -149.56M | -98.97M | 50.78M | -79.59M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.69 | -1.87 | -1.14 | -0.58 | -0.92 | -1.50 | -1.20 | 1.44 | -1.45 | -1.04 | -1.57 | -1.05 | -1.70 | -6.90 | -3.80 | -3.07 | -7.38 | -4.95 | -3.20 | -4.12 |
| EPS Growth % | 25% | -24.67% | 5% | -140.28% | 36.55% | -44.23% | 23.57% | 237.14% | 14.71% | 84.93% | 58.68% | 65.8% | 76.96% | -39.39% | -18.75% | 25.49% | -146% | -75.53% | -11.5% | -196.4% |
| EPS (Basic) | -0.69 | -1.87 | -1.14 | -0.58 | -0.92 | -1.50 | -1.20 | 1.47 | -1.45 | -1.04 | -1.57 | -1.05 | -1.70 | -6.90 | -3.80 | -3.07 | -7.38 | -4.95 | 2.60 | -4.12 |
| Diluted Shares Outstanding | 15.83M | 15.61M | 15.31M | 15.49M | 16.29M | 17.61M | 17.53M | 18.08M | 18.46M | 20.05M | 21.31M | 20.99M | 20.88M | 20.8M | 20.69M | 20.41M | 20.08M | 20M | 19.8M | 19.3M |
| Basic Shares Outstanding | 15.83M | 15.61M | 15.31M | 15.49M | 16.29M | 17.61M | 17.53M | 17.78M | 18.46M | 20.05M | 21.31M | 20.99M | 20.88M | 20.8M | 20.69M | 20.41M | 20.08M | 20M | 19.75M | 19.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |