Filing Flows › Playboy (PLBY) › Q1 2026
Playboy (PLBY) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Playboy (PLBY) reported revenue of $30.2M for the first quarter 2026 (Q1 2026), +5% from a year earlier and -13% from the quarter before. Operating margin was -5.4%, net loss $4.0M (13.1% of revenue).
Playboy, Q1 2026: revenue $30.2M (+5% year over year), operating margin -5.4%, net loss $4.0M, operating cash flow −$8.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.2M | -13% | +5% |
| Operating profit | −$1.6M | -160% | — |
| Net earnings | −$4.0M | -210% | — |
| Operating cash flow | −$8.1M | -677% | — |
What changed
Revenue was $30.2M in Q1 2026, up 5% year over year and down 13% from the previous quarter. Consumer products was the largest line at 63% of revenue. Consumer products added $2.5M year over year (up 15%), 186% of the total change. Events and sponsorships declined 96%.
Gross margin was 68.4%, down 0.2 points from Q1 2025. Operating costs exceeded revenue by $1.6M, an operating margin of -5.4%. Operating expenses fell 14% while revenue rose 5%. The quarter ended with a net loss of $4.0M, after a profit of $3.6M the previous quarter.
Operating cash flow was −$8.1M. Non-cash charges added back $945K of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $6.2M. Capital expenditures of $632K exceeded it, leaving free cash flow of −$8.7M.
Questions
What was Playboy's revenue in the first quarter 2026?
Playboy (PLBY) reported revenue of $30.2M for the first quarter 2026 (Q1 2026), +5% from a year earlier and -13% from the quarter before.
Was Playboy profitable in the first quarter 2026?
Operating loss was $1.6M (-5.4% of revenue) and net loss $4.0M.
Source: Playboy 10-Q on SEC EDGAR.