Filing Flows › Playboy (PLBY) › Q2 2026 › vs Q2 2025
Playboy (PLBY) Q2 2026 vs Q2 2025 (year over year)
Playboy's revenue rose $3.1M (+11%) from $28.1M in Q2 2025 to $31.2M in Q2 2026. The biggest changes: Consumer products +$3.2M (+19%); Digital subscriptions and products −$280K (-43%); Trademark licensing +$237K (+2%). Gross margin 73.1% against 65.4% (+7.7 pts).
Playboy, Q2 2026: revenue $31.2M (+11% year over year), operating margin 9.5%, net earnings $198K, operating cash flow −$414K. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 73.1% | 65.4% | +7.7 pts |
| Operating margin | 9.5% | -20.9% | +30.4 pts |
| Net margin | 0.6% | -27.3% | +27.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Consumer products | $19.7M | $16.5M | $3.2M | +19% |
| Trademark licensing | $11.2M | $10.9M | $237K | +2% |
| Digital subscriptions and products | $364K | $644K | −$280K | -43% |
| Events and sponsorships | $5K | $69K | −$64K | -93% |
| Revenue | $31.2M | $28.1M | $3.1M | +11% |
| Gross profit | $22.8M | $18.4M | $4.4M | +24% |
| Cost of revenue | $8.4M | $9.7M | −$1.3M | -14% |
| Operating profit | $3.0M | −$5.9M | $8.9M | — |
| Operating expenses | $19.8M | $24.3M | −$4.4M | -18% |
| Pre-tax earnings | $1.3M | −$6.8M | $8.0M | — |
| Other expense, net | $1.7M | $907K | $811K | +89% |
| SG&A | $19.8M | $22.4M | −$2.6M | -12% |
| Other operating costs | $91K | $1.9M | −$1.8M | -95% |
| Net earnings | $198K | −$7.7M | $7.9M | — |
| Income tax | $1.1M | $889K | $170K | +19% |
| Operating cash sources | $3.8M | −$1.3M | $5.2M | — |
| Depreciation & amortization | $707K | $778K | −$71K | -9% |
| Share-based compensation | $2.5M | $1.7M | $833K | +50% |
| Cash used in operations | $414K | $3.9M | −$3.5M | -89% |
| Working capital & other | $3.8M | −$1.3M | $5.2M | — |
Questions
How much did Playboy's revenue grow year over year in Q2 2026?
Playboy's revenue rose $3.1M (+11%) from $28.1M in Q2 2025 to $31.2M in Q2 2026.
What drove Playboy's revenue change in Q2 2026?
Consumer products +$3.2M (+19%); Digital subscriptions and products −$280K (-43%); Trademark licensing +$237K (+2%).