Skillz Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 09/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $104.5M | $92.9M | $152.1M | $269.7M | — |
| Cost of revenue | $13.1M | $13.4M | $15.4M | $30.7M | — |
| Research and development | $20.6M | $16.7M | $28.1M | $52.3M | — |
| Operating income | -$63.9M | -$46.5M | -$114.3M | -$421.4M | — |
| Interest expense | $15.2M | $15.1M | $21.5M | $40.6M | — |
| Pretax income | -$70.3M | -$46.7M | -$101.1M | -$439.2M | — |
| Income tax expense | $108,000 | $66,000 | $239,000 | -$345,000 | — |
| Net income | -$70.4M | -$46.8M | -$101.4M | -$438.9M | — |
| Balance Sheet | |||||
| Cash and equivalents | $194.5M | $271.9M | $302.0M | $362.5M | — |
| Current assets | $216.5M | $303.2M | $314.7M | $501.7M | $491.6M |
| Total assets | $293.5M | $374.3M | $395.8M | $621.3M | $767.2M |
| Current liabilities | $180.7M | $65.9M | $49.9M | $49.5M | $71.1M |
| Total liabilities | $181.6M | $201.2M | $185.3M | $342.9M | $357.8M |
| Total debt | $129.7M | $129.7M | $129.7M | $289.5M | — |
| Stockholders' equity | $111.8M | $173.0M | $210.5M | $278.4M | $409.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$68.9M | -$7.1M | -$71.8M | -$179.6M | — |
| Depreciation and amortization | $1.4M | $1.7M | $2.0M | $17.9M | — |
| Stock-based compensation | $19.6M | $30.0M | $43.7M | $108.2M | — |
| Capital expenditure | $1.4M | $668,000 | $13.2M | $1.9M | — |
| Free cash flow | -$70.3M | -$7.7M | -$85.0M | -$181.5M | — |
| Share repurchases | $9.3M | $19.3M | $13.0M | $0 | — |
| Impairments | — | $0 | $3.3M | $168.1M | — |
Shares outstanding 15.6M · Free float 39.6%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.