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Stock impact report

Skillz Announces Preliminary Third Quarter 2025 Results

Skillz Inc. Class A (SKLZ) 
Company Research Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform provider bringing fair competition to players worldwide, today reported unaudited preliminary financial results for the third quarter ended September 30, 2025.Preliminary Third Quarter Financial Update (Unaudited):Revenue of $27.4 million.Gross profit of $24.0 million.Net loss of $17.4 million.Adjusted EBITDA1 loss of $11.8 million, positively comparing to a loss of $13.9 million in Q3 2024.Paying monthly active users (PMAU)2 of 155,000, up 6% quarter-over-quarter and 28% year-over-year.Average Revenue Per Paying Monthly Active User (ARPPU)3 of $58.9.Total costs and expenses excluding cost of revenue of $40.3 million.Cash and restricted cash of $213 million as of September 30, 2025“Skillz’s third quarter results reflect continued progress toward our goal of delivering consistent top-line growth and positive Adjusted EBITDA,” said Andrew Paradise, Chief Executive Offi Show less Read more
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