Skillz Reports Q3 Revenue of $27.4 Million and Net Loss of $17.4 Million
Skillz Inc. reported Q3 2025 revenue of $27.4 million, an 11% increase year-over-year, with a net loss of $17.4 million. Gross profit was $24.0 million, and adjusted EBITDA loss was $11.8 million, improving from a loss of $13.9 million in Q3 2024. The company had 155,000 paying monthly active users, a 6% increase quarter-over-quarter. Cash and restricted cash totaled $213 million as of September 30, 2025. The company continues to focus on growth through its ad tech engine, Aarki, and on expense management.
Skillz Inc. reported preliminary unaudited financial results for the third quarter ended September 30, 2025. Revenue was $27.4 million, representing 11% year-over-year and 9% sequential growth. Gross profit reached $24.0 million. The company posted a net loss of $17.4 million and an adjusted EBITDA loss of $11.8 million, compared to a loss of $13.9 million in Q3 2024. Paying monthly active users totaled 155,000, up 6% quarter-over-quarter and 28% year-over-year. Average revenue per paying monthly active user was $58.9. Cash and restricted cash as of September 30, 2025, was $213 million. Business developments include ongoing growth from the company’s ad tech engine, Aarki, and continued focus on expense management and operational efficiency. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skillz Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251106820974) on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
