INSE (Inspired Entertainment, Inc.) Stock Financials & Earnings | Market Cap Arena

INSE (Inspired Entertainment, Inc.) Stock Financials & Earnings | Market Cap Arena

INSEInspired Entertainment, Inc.

Mkt Cap$221M

Consumer Cyclical·Gambling, Resorts & Casinos·🇺🇸 United States·NASDAQ

Revenue (TTM)$304M

Net Income (TTM)-$17M

EPS (TTM)-$0.58

Free Cash Flow (TTM)$16M

Gross Margin103.0%

Op. Margin10.0%

Net Margin-5.6%

FCF Margin5.4%

P/S Ratio (TTM)0.7x

P/E Ratio (TTM)—

YoY Rev Growth+2.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$66M	$49M	$6M
Q2 23	$79M	$51M	$14M
Q3 23	$98M	$49M	$12M
Q4 23	$81M	$52M	$9M
Q1 24	$62M	$42M	-$2M
Q2 24	$75M	$50M	$9M
Q3 24	$78M	$55M	$12M
Q4 24	$80M	$57M	$11M
Q1 25	$60M	$43M	$2M
Q2 25	$80M	$55M	$8M
Q3 25	$86M	$61M	$10M
Q4 25	$77M	$155M	$11M

Valuation

Quarter	P/S	P/E
Q1 23	0.8x	11.9x
Q2 23	0.7x	12.5x
Q3 23	0.7x	18.6x
Q4 23	0.7x	25.1x
Q1 24	0.7x	85.0x
Q2 24	0.7x	—
Q3 24	0.7x	—
Q4 24	0.7x	3.5x
Q1 25	0.8x	3.2x
Q2 25	0.7x	3.6x
Q3 25	0.7x	4.0x
Q4 25	0.7x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$15M	$4M
Q2 23	$23M	$14M
Q3 23	$3M	-$13M
Q4 23	$10M	-$7M
Q1 24	$4M	-$4M
Q2 24	-$6M	-$12M
Q3 24	$27M	$29M
Q4 24	$7M	-$1M
Q1 25	$26M	$16M
Q2 25	$15M	$6M
Q3 25	$10M	$4M
Q4 25	$1M	-$10M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$11M
Q2 23	$9M
Q3 23	$16M
Q4 23	$17M
Q1 24	$8M
Q2 24	$6M
Q3 24	$2M
Q4 24	$8M
Q1 25	$9M
Q2 25	$10M
Q3 25	$6M
Q4 25	$11M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+9.5%	+12.2%
Q2 23	+12.6%	+12.5%
Q3 23	+31.4%	+44.8%
Q4 23	+3.3%	+8.6%
Q1 24	-5.6%	+7.5%
Q2 24	-5.8%	+0.8%
Q3 24	-20.0%	-22.5%
Q4 24	-1.0%	-3.2%
Q1 25	-3.0%	-8.7%
Q2 25	+7.4%	+9.5%
Q3 25	+10.5%	+15.7%
Q4 25	-4.0%	-5.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$3M	4.4%
Q2 23	$3M	3.9%
Q3 23	$3M	3.4%
Q4 23	$2M	2.3%
Q1 24	$2M	3.7%
Q2 24	$2M	2.1%
Q3 24	$2M	2.3%
Q4 24	$2M	2.4%
Q1 25	$1M	2.3%
Q2 25	$2M	2.2%
Q3 25	$1M	1.6%
Q4 25	$2M	2.7%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	—	$34M
Q2 23	—	$27M
Q3 23	—	$27M
Q4 23	—	$33M
Q1 24	—	$34M
Q2 24	—	$31M
Q3 24	—	$31M
Q4 24	$31M	$34M
Q1 25	—	$30M
Q2 25	—	$32M
Q3 25	—	$32M
Q4 25	—	$34M

Revenue Segments

Quarter	Product Sales	Service
Q1 23	$8M	$58M
Q2 23	$12M	$68M
Q3 23	$27M	$71M
Q4 23	$15M	$64M
Q1 24	$6M	$57M
Q2 24	$10M	$66M
Q3 24	$4M	$74M
Q1 25	$3M	$57M
Q2 25	$7M	$74M
Q3 25	$7M	$79M

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$28M	$0	$28M
Q2 23	$42M	$0	$42M
Q3 23	$26M	$0	$26M
Q4 23	$40M	$0	$40M
Q1 24	$35M	$0	$35M
Q2 24	$24M	$0	$24M
Q3 24	$36M	$0	$36M
Q4 24	$29M	$0	$29M
Q1 25	$39M	$0	$39M
Q2 25	$46M	$0	$46M
Q3 25	$36M	$0	$36M
Q4 25	$42M	$0	$42M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	26M	-8.8%
Q2 23	29M	+11.2%
Q3 23	29M	+0.1%
Q4 23	29M	-0.3%
Q1 24	29M	-1.4%
Q2 24	29M	+1.5%
Q3 24	28M	-1.9%
Q4 24	29M	+2.5%
Q1 25	29M	-0.8%
Q2 25	29M	+0.4%
Q3 25	29M	-0.1%
Q4 25	29M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$49M	3
FY 15	$43M	3
FY 16	$40M	3
FY 17	$161K	760
FY 18	$221K	640
FY 19	$90K	2K
FY 20	$132K	2K
FY 21	$129K	2K
FY 22	$178K	2K
FY 23	$190K	2K
FY 24	$186K	2K
FY 25	$190K	2K