Skillz Inc. (SKLZ) Financial Statements
Industry: Computer Processing & Data Preparation (Services)
In fiscal 2025, Skillz reported revenue of $104.5M, up 12.5% from $92.9M the year before. Net income was -$70.4M (a -67.4% net margin), or -$4.51 per diluted share. Gross margin was 87.5% and operating margin was -61.2%. Operating activities generated -$68.9M of cash, leaving -$70.3M of free cash flow. At fiscal year end, Skillz held $293.5M in total assets against $181.6M in total liabilities, including $194.5M of cash and equivalents.
Open the full interactive Skillz financials → Quarterly statements, key ratios, valuation history and price charts.
Skillz Key Stats
| Share Price | $12.41 |
|---|---|
| Market Cap | $199.5M |
| Revenue YoY Growth | +12.5% |
| 52-Week Range | $2.28 – $13.10 |
| Shares Outstanding | 16.1 million (basic, 2026 Q2) |
Skillz Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $230.1M | $384.1M | $269.7M | $152.1M | $92.9M | $104.5M |
| Cost of Goods Sold | $329.7M | $671.2M | $691.1M | $266.4M | $139.4M | $168.4M |
| Gross Profit | $217.8M | $359.4M | $239.0M | $136.7M | $79.5M | $91.4M |
| Operating Income | -$99.6M | -$287.1M | -$421.4M | -$114.3M | -$46.5M | -$63.9M |
| Pre-Tax Income | -$122.3M | -$200.4M | -$439.2M | -$101.1M | -$46.7M | -$70.3M |
| Income Tax | $115,000 | -$19.0M | -$345,000 | $239,000 | $66,000 | $108,000 |
| Net Income | -$122.5M | -$181.4M | -$438.9M | -$101.4M | -$46.8M | -$70.4M |
| Diluted EPS | -$8.40 | -$13.80 | -$21.40 | -$4.85 | -$2.62 | -$4.51 |
Skillz Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $27.4M | $30.0M | $29.1M | $31.0M |
| Net Income | -$17.4M | -$17.9M | -$10.9M | -$24.5M |
| Diluted EPS | -$1.14 | -$1.15 | -$0.69 | -$1.52 |
Skillz Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $262.7M | $241.3M | $362.5M | $302.0M | $271.9M | $194.5M |
| Current Assets | $273.2M | $590.6M | $501.7M | $324.7M | $303.2M | $216.5M |
| Total Assets | $282.4M | $1.02B | $621.3M | $395.8M | $374.3M | $293.5M |
| Current Liabilities | $47.4M | $86.8M | $49.5M | $49.9M | $65.9M | $180.7M |
| Total Long-Term Debt | — | $278.9M | $272.8M | $123.9M | $125.7M | $255.2M |
| Total Liabilities | $47.4M | $399.1M | $342.9M | $185.3M | $201.2M | $181.6M |
| Shareholders' Equity | $235.0M | $623.7M | $278.4M | $210.5M | $173.0M | $111.8M |
Skillz Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$56.2M | -$180.2M | -$179.6M | -$71.8M | -$7.1M | -$68.9M |
| Cash From Investing | -$3.2M | -$643.9M | $311.4M | $168.3M | -$1.4M | -$6.1M |
| Cash From Financing | $296.6M | $802.7M | -$10.6M | -$150.0M | -$21.7M | -$11.0M |
| Free Cash Flow | -$59.5M | -$183.4M | -$181.5M | -$85.0M | -$7.7M | -$70.3M |
Figures from Skillz's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Skillz financials page for every line item.
Skillz Company Profile
| Ticker | SKLZ |
|---|---|
| Exchange | NYSE |
| Industry | Computer Processing & Data Preparation (Services) |
| Headquarters | Las Vegas, Nevada |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001801661 |
Frequently Asked Questions
What was Skillz's revenue in fiscal 2025?
Skillz (SKLZ) reported revenue of $104.5M for fiscal 2025.
What is Skillz's annual revenue history?
Skillz's annual revenue by fiscal year: 2020: $230.1M; 2021: $384.1M; 2022: $269.7M; 2023: $152.1M; 2024: $92.9M; 2025: $104.5M.
What was Skillz's net income in fiscal 2025?
Skillz reported net income of -$70.4M for fiscal 2025.
What was Skillz's earnings per share (EPS) in fiscal 2025?
Skillz's diluted EPS was -$4.51 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Skillz generate in fiscal 2025?
Skillz generated -$70.3M of free cash flow in fiscal 2025.
What was Skillz's revenue last quarter?
In its most recent reported quarter (2026 Q2), Skillz reported revenue of $31.0M.
How much debt does Skillz have?
Skillz reported $255.2M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Skillz are outstanding?
Skillz reported a weighted average of 16.1 million basic shares outstanding in 2026 Q2.
What is Skillz's market cap?
Based on its latest closing price, Skillz (SKLZ) has a market capitalization of about $199.5M.
When does Skillz's fiscal year end?
Skillz's fiscal year end, as registered with the SEC, is December 31.
Where is Skillz headquartered?
Skillz lists its business address in Las Vegas, Nevada in its SEC filings.