DoubleDown Interactive has reported its financial results for the first quarter of 2026, as net revenue for the operator increased 12.7% to $94.1m, while net income grew 17.9% to nearly $30m.
The operator’s total profit for Q1 2026 increased 48.7% to $35.4m, even while DoubleDown’s operating expenses totaled $58.7m and rose 8.9%. Just over $24.4m of expenses stemmed from cost of revenue, while an additional $17.4m was produced from sales and marketing efforts.
DoubleDown also managed to increase adjusted EBITDA by 24% to $38.2m, while monthly active users grew 10.5% to 1,368 players. Despite the increase in player count, average monthly revenue per user decreased to $207 for Q1 2026.
Revenue from social casino and free-to-play operations increased 9.5% year-over-year to $76.9m, as revenue generated from SuprNation rose 30% for a total of $17.2m.
DoubleDown stated the increase in operating profit for Q1 2026 was primarily due to higher unrealized gain on foreign currency, although revenue was partially offset by high overall expenses.
On April 28, DoubleU Games submitted a proposal to acquire all remaining publicly held shares in DoubleDown Interactive, offering $11.25 per American Depositary Share in a deal valued at approximately $184m.
DoubleU Games currently holds approximately 67.1% of DDI's outstanding common shares and, in that capacity, intends to vote in favor of the transaction.
The transaction will be fully funded through available cash and committed financing, meaning it will not be subject to any financing conditions.
Playstudios reported its financial results for Q1 2026 on May 11, as net revenue fell 6.9% to $58.4m, while the operator’s $10.7m net loss represents an increase of 270.7% from the first quarter of 2025
