High Roller reports 35% decrease in Q1 revenue to $3.4m, improves net loss 20.4%

High Roller Technologies has reported its financial results for the first quarter of 2026, as net revenue decreased 35% to $3.4m, even while the operator managed to improve its net loss by 20.4% to $3m. 

A similar loss from operations totaled nearly $3m for Q1 2026, marking an improvement of 18.2% for the operator. High Roller also reported an adjusted EBITDA loss of $1.3m, representing a 56.9% decrease from the loss witnessed during the prior year period. 

High Roller CEO Seth Young said the reduced revenue for Q1 2026 was a reflection of its “deliberate exit” from certain markets and “heavily reduced acquisition spend” for online casino businesses. 

Young appeared to highlight the operator’s upcoming launch of its prediction markets product, having said, "Our operating efficiency strengthened significantly, evidenced by improvements in nearly all internal key performance indicators across the business, as we prepare for what we anticipate will be exponentially greater scale.

“We have a clear plan, clear timing, we’re bullish and we’re in full-on execution mode. We plan to communicate further updates in due course as we trend towards this exciting new launch.”

High Roller recently acquired the ROLR.com domain to act as the consumer-facing brand for its prediction markets service, as well as formed a definitive agreement with Crypto.com and Derivatives North America to introduce an event-based trading offering in the US. 

High Roller provided a shareholder update detailing its planned expansion into regulated US prediction markets in late January 2026 and strengthened its capital position by completing a registered direct offering of 1.89 million shares to raise approximately $25m in gross proceeds.

The operator did manage to decrease operating expenses by 28.2% to $6.4m, including $4.5m in general and administrative costs.