---
title: "Skillz Rebrands to Firy; Posts Investor Deck Showing Q1'26 $29M Revenue, Turnaround Progress"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290179429.md"
description: "Skillz has rebranded to Firy and released an investor deck highlighting its turnaround progress. Q1'26 revenue reached $29M, up 33% year-over-year, with LTM revenue at $112M. The company reports strong gross margins of 82%-88% and improved adjusted EBITDA, reducing the LTM loss to ~$46M from ~$188M in 2021 due to reduced litigation expenses. Segment details show Skillz generating $80.5M and RZR $32.1M in LTM revenue."
datetime: "2026-06-18T10:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290179429.md)
  - [en](https://longbridge.com/en/news/290179429.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290179429.md)
generator: "portal-rs"
---

# Skillz Rebrands to Firy; Posts Investor Deck Showing Q1'26 $29M Revenue, Turnaround Progress

**Firy changed its corporate name from Skillz and shared an investor presentation highlighting a turnaround with Q1'26 revenue of $29M and improving margins.**

**Key Highlights:**

-   Announced corporate name change from Skillz to Firy and will post the investor presentation at investors.firy.com before the 2026 annual meeting.
-   Q1'26 revenue reached $29M, up 33% year-over-year; LTM revenue $112M, up 25%.
-   Reported gross margins consistently strong at 82%–88%, reflecting a leaner operating model.
-   Adjusted EBITDA improved to an LTM loss of ~$46M (ex-litigation), down from ~($188M) in 2021; litigation expenses significantly reduced.
-   Presented segment details: Skillz segment LTM revenue $80.5M; RZR segment LTM revenue $32.1M with AEBITDA positive at $4.5M.

Original SEC Filing: Skillz Inc. \[ SKLZ \] - 8-K - Jun. 17, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**