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How Playboy (PLBY) makes money

Playboy (PLBY) made $31.7M of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Consumer products brought in $18.5M (58%); Trademark licensing brought in $12.6M (40%); Digital subscriptions and products brought in $326K (1%). Of every dollar of revenue, 77¢ was left as gross profit, 13¢ was left as operating profit, 5¢ was left as net earnings.

Drawing the Sankey…

Playboy revenue by segment, Q3 2026Playboy revenue by segment, Q3 2026Consumer products$18.5MTrademark licensing$12.6MDigital subscriptions and products$326KOther revenues$254K
Playboy: revenue by line, Q1 2025 to Q3 2026Playboy: revenue by line, Q1 2025 to Q3 2026Consumer productsTrademark licensingDigital subscriptions…Events and sponsorshi…Other revenuesConsumer products: $18.5M latest$18.5MTrademark licensing: $12.6M latest$12.6MDigital subscriptions and products: $326K latestEvents and sponsorships: $0 latestOther revenues: $254K latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
Playboy revenue by quarterPlayboy revenue by quarter$28.9MQ1 2025$28.1MQ2 2025$29.0MQ3 2025$34.9MQ4 2025$30.2MQ1 2026$31.2MQ2 2026$31.7MQ3 2026
Playboy: where each dollar of revenue goesPlayboy: where each dollar of revenue goesCost of revenue23¢Gross profit77¢Operating expenses64¢Operating profit13¢Income tax1¢Net earnings5¢Operating cash flow3¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Consumer products$18.5M58.3%-6%+13%
Trademark licensing$12.6M39.8%+13%+5%
Digital subscriptions and products$326K1.0%-10%-46%
Other revenues$254K0.8%51×51×

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$31.7M100.0%
Cost of revenue$7.4M23.4%
Gross profit$24.3M76.6%
Operating expenses$20.3M64.0%
Operating profit$4.0M12.6%
Income tax$202K0.6%
Net earnings$1.7M5.2%
Operating cash flow$946K3.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$31.7M+9%
Q2 2026$31.2M+11%
Q1 2026$30.2M+5%
Q4 2025$34.9M+4%
Q3 2025$29.0M-2%
Q2 2025$28.1M+13%
Q1 2025$28.9M+2%

From Playboy's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Playboy make money?

Playboy (PLBY) made $31.7M of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Consumer products brought in $18.5M (58%); Trademark licensing brought in $12.6M (40%); Digital subscriptions and products brought in $326K (1%). Of every dollar of revenue, 77¢ was left as gross profit, 13¢ was left as operating profit, 5¢ was left as net earnings.

What is Playboy's biggest business?

Consumer products: $18.5M in the third quarter 2026, 58% of revenue, +13% from a year earlier.

What is Playboy's profit margin?

Net earnings were $1.7M, 5.2% of revenue, in the third quarter 2026; the operating margin was 12.6%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.