Playboy, Inc. PLBY
Unless otherwise indicated or the context otherwise requires, references to the "Company", "we", "us", "our" and other similar terms refer to Playboy, Inc. and its consolidated subsidiaries.
Playboy, Inc. (formerly known as PLBY Group, Inc. from February 10, 2021 through June 24, 2025), together with its subsidiaries through which it conducts business, is a pleasure and leisure company. We provide consumers around the world with products, content and experiences that help them lead happier, healthier and more fulfilling lives. Our flagship consumer brand, Playboy, is one of the most recognizable brands in the world, with Playboy-branded products and content available in approximately 180 countries. We also own and operate the brand Honey Birdette, which specializes in luxury lingerie that it sells online and at physical stores in Australia, the United States and the United Kingdom.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $120.9M | $116.1M | $142.9M | $185.5M | $246.6M | $147.7M | — |
| Cost of revenue | $35.1M | $41.8M | $54.8M | $82.9M | $116.8M | $74.4M | — |
| Gross profit | $85.9M | $74.4M | $88.2M | $102.6M | $129.8M | $73.3M | — |
| SG&A | $91.0M | $98.7M | $123.1M | $150.5M | $197.5M | $58.7M | — |
| Total operating expenses | $129.0M | $167.0M | $333.3M | $481.6M | $315.4M | $134.1M | — |
| Operating income | -$8.0M | -$50.8M | -$190.4M | -$296.1M | -$68.9M | $13.6M | — |
| Interest expense | $8.2M | $23.7M | $23.3M | $17.7M | $13.3M | $13.5M | — |
| Pre-tax income | -$13.9M | -$76.2M | -$200.2M | -$306.4M | -$80.5M | $1.8M | — |
| Income tax | $1.2M | $3.1M | $13.8M | $55.7M | $2.8M | $7.1M | — |
| Net income | -$12.7M | -$79.4M | -$180.4M | -$277.7M | -$77.7M | -$5.3M | — |
| EPS, basic | -0.13 | -1.04 | -2.53 | -5.86 | -2.04 | -0.24 | — |
| EPS, diluted | -0.13 | -1.04 | -2.53 | -5.86 | -2.04 | -0.24 | — |
| Shares, diluted (wtd. avg.) | $100.3M | $76.0M | $71.3M | $47.4M | $38.1M | $22.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $37.8M | $30.9M | $31.7M | $35.6M | $75.5M | $13.4M | $28.7M |
| Receivables | $4.1M | $7.3M | $7.5M | $14.2M | $14.1M | $6.6M | — |
| Inventory | $12.9M | $8.9M | $13.0M | $20.6M | $39.9M | $11.8M | — |
| Total current assets | $65.5M | $57.5M | $69.7M | $120.7M | $138.9M | $47.2M | $0 |
| Property, plant and equipment | $4.2M | $4.9M | $13.5M | $13.8M | $26.4M | $5.2M | — |
| Goodwill | $37.5M | $36.0M | $54.9M | $123.2M | $254.2M | $504.0K | — |
| Other intangibles | $155.9M | $156.0M | $157.9M | $236.1M | $425.3M | $339.0M | — |
| Total assets | $292.4M | $284.7M | $334.3M | $554.6M | $935.4M | $412.1M | $100.2K |
| Accounts payable | $11.9M | $10.7M | $14.5M | $13.6M | $20.6M | $8.7M | — |
| Short-term debt | $1.5M | $381.0K | $304.0K | $2.0M | $2.8M | $4.5M | — |
| Total current liabilities | $63.8M | $55.8M | $58.9M | $92.9M | $117.8M | $54.0M | $103.7K |
| Long-term debt | $172.6M | $176.2M | $190.1M | $191.1M | $226.0M | $154.2M | — |
| Total liabilities | $274.2M | $268.8M | $288.6M | $399.5M | $513.1M | $329.3M | $100.7K |
| Retained earnings | -$706.9M | -$693.6M | -$613.8M | -$433.4M | -$155.7M | -$78.0M | -$492 |
| Total equity | $18.4M | -$7.7M | $45.9M | $155.3M | $422.5M | $83.0M | $85.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $18.0K | -$19.1M | -$43.3M | -$59.4M | -$36.7M | $813.0K | — |
| Depreciation and amortisation | $3.0M | $7.0M | $7.2M | $12.7M | $7.3M | $2.3M | — |
| Stock-based compensation | $4.7M | $7.3M | $9.6M | $20.5M | $58.4M | $3.0M | — |
| Capital expenditure | $1.0M | $2.3M | $3.5M | $7.4M | $17.5M | $884.0K | — |
| Investing cash flow | $550.0K | -$318.0K | $13.0M | $8.8M | -$273.2M | -$5.5M | — |
| Financing cash flow | $8.6M | $21.6M | $26.2M | $11.6M | $370.5M | -$8.5M | — |
| Buybacks | — | $0 | $1.0M | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-028967.
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