Playboy, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Total revenue increased 11% to $31.2 million from $28.1 million in the prior year period, driven by an 18.2% rise in direct-to-consumer sales to $19.5 million and licensing revenue of $11.2 million. Operating expenses decreased 17% to $28.2 million due to lower personnel costs and the absence of a prior-year settlement charge. The company reported net income of $0.2 million, compared to a net loss of $7.7 million in Q2 2025, while adjusted EBITDA doubled to $7.0 million. Additionally, Playboy announced an agreement to repurchase 16.6 million shares (approximately 14% of outstanding stock) from Fortress Investment Group at $1.05 per share.
