Skillz Expresses Satisfaction with Jury Verdict
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
0mins
Should l Buy SKLZ?
Skillz provided the following statement: "We're pleased with the jury's verdict and appreciate the careful consideration of the facts. We remain committed to fair competition and to providing a trusted, transparent experience for players and developers."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SKLZ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SKLZ
About SKLZ
Skillz Inc. (Skillz) offers mobile games platform. The Skillz platform helps developers create franchises by enabling social competition in their games. The Company hosts various casual eSports tournaments for various mobile players worldwide. Skillz technology platform aligns the interests of developers and gamers with respect to user monetization. It monetizes user engagement primarily through prizes. The Company offers a range of gaming experiences for users. It enables game genres that can be played asynchronously, synchronously or turn-based synchronously. Its end-to-end technology platform enables mobile game developers to improve gameplay experiences and drive improved engagement, retention and revenue from their content. It offers an integrated software development kit (SDK), which contains over 200 features, including various social features, such as in-game chat, friends, tournaments and leagues, which allow players to interact and build relationships in the player community.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Skillz Expresses Satisfaction with Jury Verdict
- Jury Verdict: Skillz Inc. expresses satisfaction with the jury's verdict, viewing it as a reflection of careful consideration of the facts, which underscores the company's commitment to fair competition.
- Commitment to Fair Competition: Skillz emphasizes its ongoing dedication to providing a trusted and transparent experience for players and developers, further solidifying its leadership position in the mobile gaming market.
- Platform Advantages: The Skillz platform enables developers to create multi-million-dollar franchises through social competition, leveraging patented technology to host billions of tournaments that attract millions of players worldwide.
- Industry Recognition: Skillz has been recognized by multiple authoritative organizations, including Fast Company, CNBC, and Forbes, making it to lists such as Best Workplaces for Innovators, Disruptor 50, and the Inc. 5000 of fastest-growing companies, highlighting its influence in the industry.
See More
SKLZ Wins $420 Million Lawsuit Against Papaya Gaming
- Lawsuit Victory: SKLZ won a $420 million judgment against rival Papaya Gaming in New York, marking a significant legal victory that enhances the company's credibility in the skill gaming industry and boosts market confidence.
- Stock Surge: Following the verdict, SKLZ's stock price tripled, reaching its highest level since July 2023, reflecting investor optimism about the company's future growth potential and market positioning.
- Legal Implications: The jury found that Papaya used bots in its multiplayer games, violating principles of fair trade and transparency, and SKLZ's victory not only brings direct financial benefits but may also have far-reaching effects on the entire skill gaming sector.
- Historical Lawsuit Comparison: SKLZ previously secured a $42 million judgment against Avia Games in 2024, demonstrating the company's ongoing commitment to combating unethical practices in the industry, thereby further solidifying its market position.
See More
Skillz Reports Q4 2025 Earnings Highlights
- Significant Revenue Growth: Skillz Inc reported GAAP revenue of $30 million in Q4 2025, reflecting a 67% year-over-year increase, marking four consecutive quarters of revenue growth and indicating strong market demand recovery.
- RZR Segment Performance: The AI ad-tech segment, RZR, achieved a remarkable 146% net revenue growth and positive adjusted EBITDA for the first time since its acquisition, showcasing the company's success in technological innovation and market expansion.
- Decline in User Engagement: Despite revenue growth, Skillz's paying monthly active users (PMAU) decreased by 9% from the previous quarter, primarily due to the exit of a major game developer, which impacted the stability of the user base.
- Increased R&D Investment: Research and development expenses rose by 78% year-over-year to $6 million in Q4, reflecting the company's ongoing investment needs in technology upgrades and product development to support future growth.
See More
Skillz Q4 2025 Earnings Call Insights
- Revenue Growth: Skillz reported GAAP revenue of $30 million for Q4 2025, marking an 11% increase from Q3 and a 67% year-over-year rise, indicating ongoing revenue growth potential despite the need for improved overall profitability.
- AI Ad Tech Performance: The rebranded AI ad tech segment, RZR, achieved a remarkable 146% year-over-year growth in 2025 and generated positive adjusted EBITDA for the first time since its acquisition, suggesting a positive shift towards profitability that could enhance future financial health.
- Decline in User Engagement: The company reported 141,000 paying monthly active users (PMAU) in Q4, down 9% from Q3, primarily due to the exit of a major game developer and technical issues affecting user engagement, highlighting potential risks associated with customer concentration.
- Capital Structure Optimization: As of the end of Q4 2025, Skillz held $195 million in cash and cash equivalents against $130 million in current debt, with management actively evaluating strategic alternatives to optimize capital structure, reflecting a focus on future financial stability.
See More
Skillz Q4 Earnings Beat Expectations with Revenue Growth
- Earnings Highlights: Skillz reported a Q4 GAAP EPS of -$1.07, missing estimates by $0.04, yet achieved revenue of $30 million, a 47.3% year-over-year increase, exceeding expectations by $4 million, indicating strong market performance.
- Gross Profit and Net Loss: The company recorded a gross profit of $26.5 million and a net loss of $17.9 million in Q4, reflecting significant losses; however, the gross profit growth suggests effective cost management alongside revenue increases.
- User Growth: As of 2025, Skillz maintained 141,000 paying monthly active users (PMAUs) with an average revenue per PMAU (ARPPU) of $71.1, demonstrating user spending capacity and platform attractiveness.
- Annual Financial Overview: For the full year 2025, Skillz reported revenue of $104.5 million, gross profit of $91.4 million, a net loss of $70.4 million, and an adjusted EBITDA loss of $50.5 million, while maintaining cash and cash equivalents of $194.5 million, indicating sufficient liquidity for future growth.
See More
Skillz Acquires Beamable Assets to Enhance Platform Capabilities
- Acquisition of Beamable Assets: Skillz has acquired certain assets of Beamable, a modern game backend and LiveOps platform, which enhances the capabilities available to developers within the Skillz ecosystem and advances its long-term platform strategy.
- Integration Advantages: By integrating Beamable's backend services and LiveOps tools, Skillz can provide developers with more powerful features that help them build, operate, and monetize games more effectively, thereby accelerating time-to-market.
- Enhanced Developer Support: The integration of new technologies will enable developers to access advanced backend and LiveOps services, reduce reliance on third-party backend providers, and support both real-money and non-real-money experiences, improving development efficiency.
- Future Development Plans: Skillz plans to unveil details of SDK enhancements ahead of the 2026 GDC, ensuring close collaboration with developers for a smooth transition and integration of Beamable's services, driving ongoing platform innovation.
See More
Skillz Expresses Satisfaction with Jury Verdict
- Jury Verdict: Skillz Inc. expresses satisfaction with the jury's verdict, viewing it as a reflection of careful consideration of the facts, which underscores the company's commitment to fair competition.
- Commitment to Fair Competition: Skillz emphasizes its ongoing dedication to providing a trusted and transparent experience for players and developers, further solidifying its leadership position in the mobile gaming market.
- Platform Advantages: The Skillz platform enables developers to create multi-million-dollar franchises through social competition, leveraging patented technology to host billions of tournaments that attract millions of players worldwide.
- Industry Recognition: Skillz has been recognized by multiple authoritative organizations, including Fast Company, CNBC, and Forbes, making it to lists such as Best Workplaces for Innovators, Disruptor 50, and the Inc. 5000 of fastest-growing companies, highlighting its influence in the industry.
See More
SKLZ Wins $420 Million Lawsuit Against Papaya Gaming
- Lawsuit Victory: SKLZ won a $420 million judgment against rival Papaya Gaming in New York, marking a significant legal victory that enhances the company's credibility in the skill gaming industry and boosts market confidence.
- Stock Surge: Following the verdict, SKLZ's stock price tripled, reaching its highest level since July 2023, reflecting investor optimism about the company's future growth potential and market positioning.
- Legal Implications: The jury found that Papaya used bots in its multiplayer games, violating principles of fair trade and transparency, and SKLZ's victory not only brings direct financial benefits but may also have far-reaching effects on the entire skill gaming sector.
- Historical Lawsuit Comparison: SKLZ previously secured a $42 million judgment against Avia Games in 2024, demonstrating the company's ongoing commitment to combating unethical practices in the industry, thereby further solidifying its market position.
See More
Skillz Reports Q4 2025 Earnings Highlights
- Significant Revenue Growth: Skillz Inc reported GAAP revenue of $30 million in Q4 2025, reflecting a 67% year-over-year increase, marking four consecutive quarters of revenue growth and indicating strong market demand recovery.
- RZR Segment Performance: The AI ad-tech segment, RZR, achieved a remarkable 146% net revenue growth and positive adjusted EBITDA for the first time since its acquisition, showcasing the company's success in technological innovation and market expansion.
- Decline in User Engagement: Despite revenue growth, Skillz's paying monthly active users (PMAU) decreased by 9% from the previous quarter, primarily due to the exit of a major game developer, which impacted the stability of the user base.
- Increased R&D Investment: Research and development expenses rose by 78% year-over-year to $6 million in Q4, reflecting the company's ongoing investment needs in technology upgrades and product development to support future growth.
See More
Skillz Q4 2025 Earnings Call Insights
- Revenue Growth: Skillz reported GAAP revenue of $30 million for Q4 2025, marking an 11% increase from Q3 and a 67% year-over-year rise, indicating ongoing revenue growth potential despite the need for improved overall profitability.
- AI Ad Tech Performance: The rebranded AI ad tech segment, RZR, achieved a remarkable 146% year-over-year growth in 2025 and generated positive adjusted EBITDA for the first time since its acquisition, suggesting a positive shift towards profitability that could enhance future financial health.
- Decline in User Engagement: The company reported 141,000 paying monthly active users (PMAU) in Q4, down 9% from Q3, primarily due to the exit of a major game developer and technical issues affecting user engagement, highlighting potential risks associated with customer concentration.
- Capital Structure Optimization: As of the end of Q4 2025, Skillz held $195 million in cash and cash equivalents against $130 million in current debt, with management actively evaluating strategic alternatives to optimize capital structure, reflecting a focus on future financial stability.
See More
Skillz Q4 Earnings Beat Expectations with Revenue Growth
- Earnings Highlights: Skillz reported a Q4 GAAP EPS of -$1.07, missing estimates by $0.04, yet achieved revenue of $30 million, a 47.3% year-over-year increase, exceeding expectations by $4 million, indicating strong market performance.
- Gross Profit and Net Loss: The company recorded a gross profit of $26.5 million and a net loss of $17.9 million in Q4, reflecting significant losses; however, the gross profit growth suggests effective cost management alongside revenue increases.
- User Growth: As of 2025, Skillz maintained 141,000 paying monthly active users (PMAUs) with an average revenue per PMAU (ARPPU) of $71.1, demonstrating user spending capacity and platform attractiveness.
- Annual Financial Overview: For the full year 2025, Skillz reported revenue of $104.5 million, gross profit of $91.4 million, a net loss of $70.4 million, and an adjusted EBITDA loss of $50.5 million, while maintaining cash and cash equivalents of $194.5 million, indicating sufficient liquidity for future growth.
See More
Skillz Acquires Beamable Assets to Enhance Platform Capabilities
- Acquisition of Beamable Assets: Skillz has acquired certain assets of Beamable, a modern game backend and LiveOps platform, which enhances the capabilities available to developers within the Skillz ecosystem and advances its long-term platform strategy.
- Integration Advantages: By integrating Beamable's backend services and LiveOps tools, Skillz can provide developers with more powerful features that help them build, operate, and monetize games more effectively, thereby accelerating time-to-market.
- Enhanced Developer Support: The integration of new technologies will enable developers to access advanced backend and LiveOps services, reduce reliance on third-party backend providers, and support both real-money and non-real-money experiences, improving development efficiency.
- Future Development Plans: Skillz plans to unveil details of SDK enhancements ahead of the 2026 GDC, ensuring close collaboration with developers for a smooth transition and integration of Beamable's services, driving ongoing platform innovation.
See More
