Stock Track | Playtika Stock Plunges 5% as Slotomania Struggles Overshadow D2C Growth in Q3 2025

Stock Track11-07

Playtika Holding Corp. (PLTK) shares plummeted 5.02% in after-hours trading following the release of its Q3 2025 earnings report. Despite record direct-to-consumer (D2C) revenue and strong performance from its Disney Solitaire game, the company's results were marred by significant declines in its flagship Slotomania title.

The mobile gaming giant reported Q3 2025 revenue of $604.6 million, down 3.1% sequentially but up 8.7% year-over-year. However, Slotomania's revenue plunged 20.8% sequentially and 46.7% year-over-year to $68.5 million, reflecting ongoing challenges in the slot portfolio. CEO Robert Antokol acknowledged the issue, stating, "We are not assuming a near-term revenue recovery" for Slotomania.

On a positive note, Playtika's D2C revenue crossed the $200 million threshold for the first time, reaching $209.3 million, up 20% year-over-year. The company's Super Play portfolio, led by Disney Solitaire, continued to outperform expectations with an annualized run rate above $200 million. Despite these bright spots, investors seemed to focus on the broader challenges facing the company, including the need to stabilize its slot business and navigate a planned reduction in marketing spend.

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