DoubleDown Interactive first quarter revenue rises to $83.5 million

Finance News

DoubleDown Interactive a leading developer and publisher of digital games on mobile and web-based platforms, today announced unaudited financial results for the first quarter ended March 31, 2026.

Revenue rose 12.7% to $94.1 million in the first quarter of 2026 compared to $83.5 million in the first quarter of 2025. 

Revenue from the company’s social casino/free-to-play games was $76.9 million in the first quarter of 2026, a 9.5% increase from the first quarter of 2025. 

Direct-to-Consumer revenue rose to $34.0 million in the first quarter of 2026, compared to $9.0 million in the first quarter of 2025. DTC revenue as a percentage of total social casino revenue increased to 44.2% in the first quarter of 2026 from 12.8% in the first quarter of 2025.

Revenue from SuprNation, the Company’s iGaming subsidiary, increased 30.0% year over year to $17.2 million, primarily as a result of the Company’s launch of a new brand, Los Vegas, in October 2025.

“Our first quarter results demonstrate a solid start to 2026 as we continue to execute on our strategic initiatives to expand and diversify the company across products and geographies, said In Keuk Kim, Chief Executive Officer at DoubleDown.

We achieved year-over-year quarterly revenue growth in both our social casino and iGaming segments. The growth in social casino reflects revenue contributions from WHOW Games, while Direct-to-Consumer revenue in this segment continued to grow, accounting for over 40% of total social casino revenue. SuprNation, our iGaming operation, reached its highest quarterly revenue since its acquisition in 2023, driven by the recent launch of the ‘Los Vegas’ brand.

“Our ability to consistently drive a high conversion of revenue to cash flow remains a top operating priority, and resulted in $46.4 million of net cash flow from operations in the first quarter. DoubleDown’s balance sheet remains solid, providing us with financial flexibility to pursue additional value-building transactions that can further diversify our revenue sources and geographic footprint.”

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