Filing Flows › Inspired Entertainment (INSE) › Q2 2025
Inspired Entertainment (INSE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Inspired Entertainment (INSE) reported revenue of $80.3M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +33% from the quarter before. Operating margin was 9.8%, net loss $7.8M (9.7% of revenue).
Inspired Entertainment, Q2 2025: revenue $80.3M (+7% year over year), operating margin 9.8%, net loss $7.8M, operating cash flow $15.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.3M | +33% | +7% |
| Operating profit | $7.9M | +394% | — |
| Net earnings | −$7.8M | — | — |
| Operating cash flow | $15.2M | -40% | — |
| Free cash flow | $5.6M | -66% | — |
What changed
Revenue was $80.3M in Q2 2025, up 7% year over year and up 33% from the previous quarter. Leisure was the largest line at 38% of revenue. Interactive added $4.2M year over year (up 45%), 76% of the total change. Virtual Sports declined 21%.
Operating profit was $7.9M, a 9.8% margin (down 1.8 points year over year). Operating profit fell $800K even though revenue rose $5.5M versus a year earlier, so costs grew faster than sales. Total costs grew 10% against revenue growth of 7%. The quarter ended with a net loss of $7.8M, wider than the previous quarter's $100K loss. Net interest and other expense of $6.9M was the main reason.
Operating cash flow was $15.2M. Non-cash charges added back $15.3M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $5.9M. Capital expenditures of $9.6M left free cash flow of $5.6M.
Questions
What was Inspired Entertainment's revenue in the second quarter 2025?
Inspired Entertainment (INSE) reported revenue of $80.3M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +33% from the quarter before.
Was Inspired Entertainment profitable in the second quarter 2025?
Operating profit was $7.9M (9.8% of revenue) and net loss $7.8M.