DoubleDown’s Q4 revenue hits $95.8m, FY net income decreases 17.4%

DoubleDown Interactive has reported its financial results for the fourth quarter 2025 as well as full-year, with revenue during the quarterly period increasing 16.8% for a total of $95.8m. 

Despite the overall revenue increase, however, profit for Q4 2025 decreased 35.5% to $24.1m, as DoubleDown stated the fall primarily reflects a non-cash impairment loss of SuprNation goodwill. 

The operator’s adjusted EBITDA still managed to increase from the prior year period during Q4 2025, rising 15.7% to $40.6m. DoubleDown also witnessed increases in both monthly active users and daily active users across the quarterly period, with the figures growing by 9.3% and 2.9%, respectively, for totals of 1,389 and 637. 

DoubleDown’s Q4 2025 net income may have decreased year-over-year due to a 37.7% rise in operating expenses, totaling close to $65.9m, while operating profit for Q4 2025 fell 12.4% to just over $29.9m. 

Cost of revenue totaled $25.9m during Q4 2025, while expenses related to sales and marketing and research and development cost the operator $16.5m and $2.1m, respectively. 

Over the course of FY2025, total revenue increased 5.4% to $359.9m, despite net income once again falling 17.4% for a total of $102.7m. DoubleDown’s adjusted EBITDA for the full-year period also increased even with the fall in net income, rising 0.3% to $142.3m. 

Operating expenses for FY2025 grew 14% for a total of nearly $233m, leading to a decrease in operating income for DoubleDown of 7.3% year-over-year to $127m. 

The increase in operating expenses was primarily due to a 28.6% increase in sales and marketing costs to $59.4m for FY2025, as well as 27.1% growth in expenses related to general and administrative. 

Cost of revenue accounted for $101.6m of the operator’s total expenses during FY2025, while efforts in research and development totaled nearly $12m across the full-year period. 

Unlike its Q4 2025 counterpart, DoubleDown reported a decrease in average monthly active users of 4.9% to 1,296 players, while the average amount of daily active users fell 5.7% to 616 users.