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.

Playboy, Inc. entered into a stock repurchase agreement on June 18, 2026, to purchase 16,589,531 shares of common stock from Fortress Investment Group affiliates at $1.05 per share for a total of $17,419,007.55. The repurchase will occur in four installments through the end of 2026, starting with an initial payment of $2,000,000.00 for 1,904,762 shares. A backstop agreement was also executed concurrently with the repurchase to ensure completion of the transactions. Playboy, Inc. is a media and entertainment company.

At its 2026 Annual Meeting of Stockholders held on June 16, 2026, Playboy, Inc. stockholders approved an amendment to the company's 2021 Equity and Incentive Compensation Plan to increase the available common stock by 10 million shares. The meeting also resulted in the election of Class III directors Tracey Edmonds and James Yaffe, the ratification of RSM US LLP as independent auditors for the 2026 fiscal year, and the approval of a non-binding advisory vote on executive compensation. Playboy, Inc. is a media and entertainment company.