📊 PLBY Key Takeaways
Is Playboy, Inc. (PLBY) a Good Investment?
Playboy operates a fundamentally sound business with 68.4% gross margins, but structural operational losses (-$1.6M operating income on $30.2M revenue) combined with negative free cash flow (-$8.7M) and excessive 4.7x debt-to-equity leverage create significant near-term solvency risk. While net income improved 84% YoY, the company must achieve operating profitability soon to service $157.5M debt and avoid refinancing distress.
Playboy, Inc. Key Strengths (PLBY)
- Strong 68.4% gross margin demonstrates viable core business model
- Revenue growing 4.1% YoY with improving profitability trends (net income +84% YoY, EPS +87.5% YoY)
- Maintains $30.2M cash position providing runway for turnaround execution
PLBY Stock Risks: Playboy, Inc. Investment Risks
- Operating cash flow negative at -$8.1M; free cash flow deeply negative at -$8.7M indicates unsustainable cash burn
- Unprofitable operations (-$1.6M operating income, -$4.0M net income) despite revenue growth; failure to reach operating profitability threatens debt service capability
- Extreme leverage (4.70x debt-to-equity) with negative interest coverage (-0.3x) combined with weak liquidity (1.0x current ratio, 0.8x quick ratio) creates refinancing risk
Key Metrics to Watch
- Operating cash flow and operating margin trends - must achieve positive operating income within 2-3 quarters
- Debt refinancing activity and interest coverage ratio - critical indicator of solvency health given high leverage
- Liquidity ratios and cash runway - monitor if cash burn accelerates or access to credit tightens
Playboy, Inc. (PLBY) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
PLBY Profit Margin, ROE & Profitability Analysis
PLBY vs Consumer Sector: How Playboy, Inc. Compares
How Playboy, Inc. compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Playboy, Inc. Stock Overvalued? PLBY Valuation Analysis 2026
Based on fundamental analysis, Playboy, Inc. shows some fundamental concerns relative to the Consumer sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Playboy, Inc. Balance Sheet: PLBY Debt, Cash & Liquidity
PLBY Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Playboy, Inc.'s revenue has declined by 51% over the 5-year period, indicating business contraction. The most recent EPS of $-1.04 indicates the company is currently unprofitable.
PLBY Revenue Growth, EPS Growth & YoY Performance
PLBY Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $28.9M | N/A | $-0.03 |
| Q3 2025 | $29.0M | $460.0K | $0.00 |
| Q2 2025 | $24.9M | -$7.7M | $-0.08 |
| Q1 2025 | $28.3M | -$9.0M | $-0.10 |
| Q3 2024 | $12.9M | -$7.2M | $-0.10 |
| Q2 2024 | $24.9M | -$16.7M | $-0.23 |
| Q1 2024 | $28.3M | -$16.4M | $-0.23 |
| Q3 2023 | $33.3M | -$15.1M | $-0.20 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Playboy, Inc. Dividends, Buybacks & Capital Allocation
PLBY SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Playboy, Inc. (CIK: 0001803914)
📋 Recent SEC Filings
❓ Frequently Asked Questions about PLBY
What is the AI rating for PLBY?
Playboy, Inc. (PLBY) has an AI grade of C with 75% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PLBY's key strengths?
Claude: Strong 68.4% gross margin demonstrates viable core business model. Revenue growing 4.1% YoY with improving profitability trends (net income +84% YoY, EPS +87.5% YoY).
What are the risks of investing in PLBY?
Claude: Operating cash flow negative at -$8.1M; free cash flow deeply negative at -$8.7M indicates unsustainable cash burn. Unprofitable operations (-$1.6M operating income, -$4.0M net income) despite revenue growth; failure to reach operating profitability threatens debt service capability.
What is PLBY's revenue and growth?
Playboy, Inc. reported revenue of $30.2M.
Does PLBY pay dividends?
Playboy, Inc. does not currently pay dividends.
Where can I find PLBY SEC filings?
Official SEC filings for Playboy, Inc. (CIK: 0001803914) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PLBY's EPS?
Playboy, Inc. has a diluted EPS of $-0.03.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is PLBY's fundamental grade?
Based on our AI fundamental analysis in May 2026, Playboy, Inc. has a C grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is PLBY stock overvalued or undervalued?
Valuation metrics for PLBY: ROE of -11.8% (sector avg: 18%), net margin of -13.1% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.
What is PLBY's AI grade for 2026?
Our dual AI analysis gives Playboy, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PLBY's free cash flow?
Playboy, Inc.'s operating cash flow is $-8.1M, with capital expenditures of $632.0K. FCF margin is -28.7%.
How does PLBY compare to other Consumer stocks?
Vs Consumer sector averages: Net margin -13.1% (avg: 8%), ROE -11.8% (avg: 18%), current ratio 1.00 (avg: 1.5).
Is Playboy, Inc. carrying too much debt?
PLBY has a debt-to-equity ratio of 4.70x, which is above the Consumer sector average of 0.8x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.