DoubleDown Interactive (NASDAQ:DDI) Announces Quarterly Earnings Results

Posted by on Aug 12th, 2026

DoubleDown Interactive (NASDAQ:DDI – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.61 by $0.05, FiscalAI reports. The business had revenue of $94.29 million for the quarter, compared to the consensus estimate of $92.90 million. DoubleDown Interactive had a net margin of 30.77% and a return on equity of 12.16%.

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

  • DoubleDown reported Q2 revenue of $94.3 million, up 11% year over year, while adjusted EBITDA rose 17% to $39.3 million and the margin expanded to 41.6%.
  • Cash generation remained strong, with operating cash flow increasing 25% year over year to $24.6 million in the quarter and reaching $71 million for the first half; the company ended June with approximately $521.3 million in net cash.
  • Direct-to-consumer sales reached a record 52% of social casino revenue, up from 44% in Q1 and just over 15% a year earlier, supporting profitability by reducing platform fees. Management said it expects further DTC growth through investments in owned channels, CRM, and payment infrastructure.
  • SuprNation’s iGaming revenue grew 10% year over year to $17 million, but the higher U.K. gambling tax led the company to reduce player-acquisition spending and moderate sequential growth. Management said product, marketing, and expense adjustments have largely mitigated the tax impact and expects company-wide marketing spending to remain near its recent run rate.
  • The special committee continues to evaluate DoubleU Games’ non-binding $11.25-per-ADS cash proposal to acquire unaffiliated shares, but management provided no update or expected timeline for a decision.

DoubleDown Interactive Price Performance

DDI stock traded down $0.09 during midday trading on Wednesday, hitting $12.28. 90,230 shares of the stock traded hands, compared to its average volume of 99,543. DoubleDown Interactive has a 1-year low of $8.10 and a 1-year high of $12.50. The stock’s fifty day simple moving average is $11.53 and its 200-day simple moving average is $10.23. The firm has a market cap of $608.47 million, a P/E ratio of 5.34 and a beta of 1.02.

Institutional Investors Weigh In On DoubleDown Interactive

A number of institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. increased its stake in shares of DoubleDown Interactive by 10.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,357,163 shares of the company’s stock valued at $12,676,000 after purchasing an additional 126,031 shares in the last quarter. Hudson Bay Capital Management LP purchased a new position in DoubleDown Interactive during the second quarter worth approximately $5,759,000. Stonehill Capital Management LLC grew its holdings in DoubleDown Interactive by 49.1% in the third quarter. Stonehill Capital Management LLC now owns 190,605 shares of the company’s stock valued at $1,780,000 after purchasing an additional 62,735 shares during the period. Millennium Management LLC grew its holdings in DoubleDown Interactive by 100.2% in the third quarter. Millennium Management LLC now owns 116,677 shares of the company’s stock valued at $1,090,000 after purchasing an additional 58,395 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of DoubleDown Interactive by 41.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 96,275 shares of the company’s stock valued at $831,000 after buying an additional 28,006 shares in the last quarter.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Wedbush decreased their target price on shares of DoubleDown Interactive from $21.00 to $15.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DoubleDown Interactive in a research report on Friday. Freedom Capital lowered DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Finally, Wall Street Zen raised DoubleDown Interactive from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One research analyst has 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 company presently has a consensus rating of “Hold” and an average price target of $15.50.

Check Out Our Latest Stock Report on DDI

About DoubleDown Interactive

(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.

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Earnings History for DoubleDown Interactive (NASDAQ:DDI)

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