v3.26.1
Reportable Segments (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Operating Information by Segment QTD The following tables present our reportable segment information:
Three Months Ended March 31, 2026
GamingSciPlayiGamingTotal Reportable Segments
Unallocated and Reconciling Items(1)
Total
Total revenue
$512 $187 $91 $790 $— $790 
Cost of revenue(2)
(118)(45)(31)(194)— (194)
Payroll and related(3)
(93)(27)(18)(138)— (138)
Other segment reconciling items(4)
(30)(49)(9)(88)(43)(131)
AEBITDA(5)
271 66 33 370 (43)327 
Reconciling items to net income before income taxes:
Restructuring and other
(3)(1)— (4)(50)(54)
D&A
(108)(108)
Interest expense
(81)(81)
Loss on debt financing transactions(2)(2)
Other income, net12 12 
Stock-based compensation
(32)(32)
Net income before income taxes$62 
Capital expenditures for the three months ended March 31, 2026
$59 $6 $7 $72 $2 $74 
(1) Includes amounts not allocated to the reportable segments (including corporate costs) and items to reconcile the total reportable segments AEBITDA to our consolidated net income before income taxes.
(2) Excludes D&A.
(3) Excludes stock-based compensation.
(4) Primarily represents various other non-payroll related operating expenses, including but not limited to, professional and legal services, marketing, facilities and operating leases, maintenance and other operating expenses.
(5) AEBITDA is reconciled to net income before income taxes with the following adjustments, as applicable: (a) depreciation and amortization expense and impairment charges (including goodwill impairments); (b) restructuring and other, which includes charges or expenses attributable to: (i) employee severance; (ii) management restructuring and related costs; (iii) restructuring and integration; (iv) cost savings initiatives; (v) major litigation; and (vi) acquisition- and disposition-related costs, strategic initiatives, and other unusual items; (c) interest expense; (d) loss on debt refinancing transactions; (e) change in fair value of investments and remeasurement of debt and other; (f) other income (expense), net, including foreign currency gains or losses and earnings (loss) from equity investments; and (g) stock-based compensation. AEBITDA is presented as our primary segment measure of profit or loss.
Three Months Ended March 31, 2025
GamingSciPlayiGamingTotal Reportable Segments
Unallocated and Reconciling Items(1)
Total
Total revenue
$495 $202 $77 $774 $— $774 
Cost of revenue(2)
(131)(55)(25)(211)— (211)
Payroll and related(3)
(83)(27)(16)(126)— (126)
Other segment reconciling items(4)
(27)(56)(9)(92)(34)(126)
AEBITDA(5)
254 64 27 345 (34)311 
Reconciling items to net income before income taxes:
Restructuring and other
(5)— (7)(12)(8)(20)
D&A
(91)(91)
Interest expense
(68)(68)
Loss on debt financing transactions(1)(1)
Other income, net1 1 
Stock-based compensation
(27)(27)
Net income before income taxes$105 
Capital expenditures for the three months ended March 31, 2025
$49 $5 $5 $59 $2 $61 
(1) Includes amounts not allocated to the reportable segments (including corporate costs) and items to reconcile the total reportable segments AEBITDA to our consolidated net income before income taxes.
(2) Excludes D&A.
(3) Excludes stock-based compensation.
(4) Primarily represents various other non-payroll related operating expenses, including but not limited to, professional and legal services, marketing, facilities and operating leases, maintenance and other operating expenses.
(5) AEBITDA is described in footnote (5) to the first table in this Note 3.
Total Assets by Segment
The following table summarizes the asset balances of each reportable business segment for the periods indicated:
GamingSciPlayiGamingTotal Reportable Segments
Unallocated and Reconciling Items(1)
Totals
Assets as of March 31, 2026
$4,719 $463 $963 $6,145 $220 $6,365 
Assets as of December 31, 2025
4,817 482 937 6,236 226 6,462 
(1) Includes amounts not allocated to the reportable segments (including corporate amounts) and items to reconcile the total reportable segments assets to our consolidated assets.