Galaxy Gaming Q2 revenue rises 5% on record recurring sales

Galaxy Gaming

10/08/2026 14:10

Overview
Casino games technology provider's Q2 revenue rose 5% yr/yr on record recurring revenues
Q2 adjusted EBITDA up 11% yr/yr, net income increased 5%
Company repurchased 330,758 shares after quarter end under new $4 mln buyback program

Outlook
Company expects full-year 2026 perpetual license sales to be slightly lower than prior year
Galaxy Gaming plans continued investment in product development and technology
Company to debut new games and progressive systems in the fall

Result Drivers
RECURRING REVENUE FOCUS - Co said record recurring revenues, up 8% yr/yr, drove Q2 results as it prioritized stable, higher-margin revenue over one-time sales
DIGITAL SEGMENT GROWTH - Digital revenue rose 11% yr/yr, driven by higher play volume with existing operators and content launches with new customers
CORE SEGMENT DEMAND - Core segment growth was supported by new game placements and continued demand for the Galaxy Operating System and MONOPOLY-branded progressive systems

Company press release: ID:nGNXbkPhNb

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$7.90 mln
 
Q2 Net Income
 
$1 mln
 
Q2 Adjusted EBITDA
 
$3.50 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)