Skillz Reports Q3 Revenue of $27.4 Million and Net Loss of $17.4 Million
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Skillz Inc. reported Q3 2025 revenue of $27.4 million, an 11% increase year-over-year, with a net loss of $17.4 million. Gross profit was $24.0 million, and adjusted EBITDA loss was $11.8 million, improving from a loss of $13.9 million in Q3 2024. The company had 155,000 paying monthly active users, a 6% increase quarter-over-quarter. Cash and restricted cash totaled $213 million as of September 30, 2025. The company continues to focus on growth through its ad tech engine, Aarki, and on expense management.
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