DoubleDown Interactive (NASDAQ:DDI) Posts Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Posted by Brian Himes on May 12th, 2026

DoubleDown Interactive (NASDAQ:DDI – Get Free Report) announced its earnings results on Tuesday. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.13, Zacks reports. DoubleDown Interactive had a net margin of 28.48% and a return on equity of 11.27%.

Here are the key takeaways from DoubleDown Interactive’s conference call:

DoubleDown reported a solid Q1 2026, with revenue up nearly 13% year over year to $94.1 million and adjusted EBITDA up 24% to $38.2 million. Operating cash flow was also strong at $46.4 million.
The social casino segment remained the main profit engine, with revenue rising 9.5% to $76.9 million, helped by the WHOW Games acquisition. Management said the direct-to-consumer mix accelerated, with DTC making up 44% of social casino revenue versus 33% in Q4 2025.
SuprNation continued to grow rapidly, with Q1 revenue up 30% year over year to $17.2 million and up 6% sequentially. The newly launched Las Vegas iGaming title contributed to the improvement.
Management said it is taking steps to offset the higher U.K. gambling tax, including product adjustments such as reducing bonusing rates and using real-time data analytics to improve acquisition and retention. They called the early results positive, but stressed it is still too early to judge the full impact.
DoubleDown ended the quarter with a net cash position of about $500 million and reiterated that M&A remains a strategic priority. The company said it is still evaluating opportunities, while a special committee reviews the separate WHOW proposal.

DoubleDown Interactive Stock Performance

NASDAQ:DDI traded down $0.09 during mid-day trading on Tuesday, reaching $11.55. The stock had a trading volume of 135,677 shares, compared to its average volume of 98,745. The firm has a market capitalization of $572.34 million, a price-to-earnings ratio of 5.58 and a beta of 1.01. DoubleDown Interactive has a twelve month low of $8.09 and a twelve month high of $11.71. The business has a 50 day simple moving average of $9.17 and a 200 day simple moving average of $8.98.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on DDI shares. Weiss Ratings upgraded shares of DoubleDown Interactive from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, April 29th. Wall Street Zen downgraded shares of DoubleDown Interactive from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Freedom Capital downgraded shares of DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $18.75.

View Our Latest Stock Analysis on DoubleDown Interactive

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. increased its holdings in DoubleDown Interactive by 338.6% in the second quarter. Osaic Holdings Inc. now owns 3,105 shares of the company’s stock valued at $30,000 after buying an additional 2,397 shares in the last quarter. Corient Private Wealth LLC purchased a new position in DoubleDown Interactive in the fourth quarter valued at about $94,000. XTX Topco Ltd purchased a new position in DoubleDown Interactive in the fourth quarter valued at about $118,000. Quadrature Capital Ltd purchased a new position in DoubleDown Interactive in the fourth quarter valued at about $180,000. Finally, Goldman Sachs Group Inc. increased its holdings in DoubleDown Interactive by 127.4% in the first quarter. Goldman Sachs Group Inc. now owns 28,790 shares of the company’s stock valued at $285,000 after buying an additional 16,128 shares in the last quarter.

DoubleDown Interactive Company Profile

(Get Free Report)

DoubleDown Interactive (NASDAQ: DDI) is a digital entertainment company that specializes in the development and publishing of social casino games. The company’s portfolio centers around free-to-play titles that emulate the experience of land-based casino games such as slots, video poker, bingo and table games. By blending high-quality graphics, engaging gameplay features and real-time social mechanics, DoubleDown Interactive aims to deliver a virtual casino environment accessible via web, mobile and social media platforms.

The company’s flagship offering, DoubleDown Casino, serves as a hub for multiple slot and table-style games, enabling millions of registered players to compete in tournaments, unlock new machines and purchase virtual coins through in-app transactions.