DoubleDown Interactive (NASDAQ:DDI) Posts Earnings Results, Beats Estimates By $0.13 EPS

DoubleDown Interactive (NASDAQ:DDI) issued its quarterly earnings data on Tuesday. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.13, Zacks reports. DoubleDown Interactive had a return on equity of 11.27% and a net margin of 28.48%.

Here are the key takeaways from DoubleDown Interactive’s conference call:

• DoubleDown reported a solid Q1 2026, with revenue up nearly 13% year over year to $94.1 million and adjusted EBITDA up 24% to $38.2 million. Operating cash flow was also strong at $46.4 million.
• The social casino segment remained the main profit engine, with revenue rising 9.5% to $76.9 million, helped by the WHOW Games acquisition. Management said the direct-to-consumer mix accelerated, with DTC making up 44% of social casino revenue versus 33% in Q4 2025.
• SuprNation continued to grow rapidly, with Q1 revenue up 30% year over year to $17.2 million and up 6% sequentially. The newly launched Las Vegas iGaming title contributed to the improvement.
• Management said it is taking steps to offset the higher U.K. gambling tax, including product adjustments such as reducing bonusing rates and using real-time data analytics to improve acquisition and retention. They called the early results positive, but stressed it is still too early to judge the full impact.
• DoubleDown ended the quarter with a net cash position of about $500 million and reiterated that M&A remains a strategic priority. The company said it is still evaluating opportunities, while a special committee reviews the separate WHOW proposal.

DoubleDown Interactive Trading Down 0.8%

NASDAQ:DDI traded down $0.09 during trading hours on Tuesday, hitting $11.55. The stock had a trading volume of 135,677 shares, compared to its average volume of 98,745. The company has a market cap of $572.34 million, a PE ratio of 5.58 and a beta of 1.01. The business has a 50 day simple moving average of $9.17 and a two-hundred day simple moving average of $8.98. DoubleDown Interactive has a 1-year low of $8.09 and a 1-year high of $11.71.

Analyst Ratings Changes

Several equities research analysts have issued reports on DDI shares. Freedom Capital cut shares of DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Weiss Ratings upgraded DoubleDown Interactive from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen downgraded DoubleDown Interactive from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $18.75.

Institutional Investors Weigh In On DoubleDown Interactive

A number of large investors have recently added to or reduced their stakes in the company. Millennium Management LLC boosted its stake in DoubleDown Interactive by 100.2% during the 3rd quarter. Millennium Management LLC now owns 116,677 shares of the company’s stock valued at $1,090,000 after purchasing an additional 58,395 shares in the last quarter. Boston Partners lifted its stake in DoubleDown Interactive by 26.8% during the third quarter. Boston Partners now owns 95,744 shares of the company’s stock valued at $894,000 after purchasing an additional 20,216 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in DoubleDown Interactive by 41.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 96,275 shares of the company’s stock worth $831,000 after buying an additional 28,006 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of DoubleDown Interactive by 2.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 80,391 shares of the company’s stock valued at $694,000 after buying an additional 1,789 shares in the last quarter. Finally, Acadian Asset Management LLC raised its position in shares of DoubleDown Interactive by 124.7% during the first quarter. Acadian Asset Management LLC now owns 60,282 shares of the company’s stock worth $591,000 after purchasing an additional 33,459 shares during the period.

DoubleDown Interactive Company Profile

DoubleDown Interactive (NASDAQ: DDI) is a digital entertainment company that specializes in the development and publishing of social casino games. The company’s portfolio centers around free-to-play titles that emulate the experience of land-based casino games such as slots, video poker, bingo and table games. By blending high-quality graphics, engaging gameplay features and real-time social mechanics, DoubleDown Interactive aims to deliver a virtual casino environment accessible via web, mobile and social media platforms.

The company’s flagship offering, DoubleDown Casino, serves as a hub for multiple slot and table-style games, enabling millions of registered players to compete in tournaments, unlock new machines and purchase virtual coins through in-app transactions.