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Playboy (PLBY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

Playboy (PLBY) reported revenue of $31.2M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +3% from the quarter before. Operating margin was 9.5%, net earnings $198K (0.6% of revenue).

Revenue$31.2M
Year over year+11%
Quarter over quarter+3%
Operating margin9.5%
Net earnings$198K

Playboy, Q2 2026: revenue $31.2M (+11% year over year), operating margin 9.5%, net earnings $198K, operating cash flow −$414K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$31.2M+3%+11%
Gross profit$22.8M+10%+24%
Operating profit$3.0M——
Net earnings$198K——
Operating cash flow−$414K——

What changed

Revenue was $31.2M in Q2 2026, up 11% year over year and up 3% from the previous quarter. Consumer products was the largest line at 63% of revenue. Consumer products added $3.2M year over year (up 19%), 103% of the total change. Events and sponsorships declined 93%.

Gross margin was 73.1%, up 7.7 points from Q2 2025. Operating profit was $3.0M, a 9.5% margin (up 30.4 points year over year). Operating expenses fell 18% while revenue rose 11%. Net earnings were $198K. The effective tax rate was 84.2%.

Operating cash flow was −$414K. Non-cash charges added back $707K of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $3.8M. Capital expenditures of $157K exceeded it, leaving free cash flow of −$571K.

Questions

What was Playboy's revenue in the second quarter 2026?

Playboy (PLBY) reported revenue of $31.2M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +3% from the quarter before.

Was Playboy profitable in the second quarter 2026?

Operating profit was $3.0M (9.5% of revenue) and net earnings $198K.

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Source: Playboy 10-Q on SEC EDGAR.