tradmap

SKLZ Financials Skillz Inc.

8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 14.5% per year over the past 5 years.
  • Operating margin has contracted, at -61.2% in the latest year.

Financial health

  • The company holds more cash ($195M) than total debt ($128M).
  • Operating income covered interest expense -4.2× in the latest year.
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 2.8 years of cash runway.
Revenue & net income
-$439M -$29M $380M $0 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-163% -33% 96% 0% 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$85M -$42M $0 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $181M $363M 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$644M $79M $803M $0 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $104M -$70M 87.5% -61.2% -$70M $128M $195M
2024 $93M -$47M 85.6% -50.1% -$8M $126M $272M
2023 $152M -$101M 89.9% -75.2% -$85M $124M $302M
2022 $270M -$439M 88.6% -156.2% $273M $363M
2021 $380M -$188M 93.4% -77.3% $279M $241M
2020 $229M -$149M 94.6% -45.1% $0 $263M
2019 $120M -$24M 95.2% -20.7% $10M $26M
2018 $51M -$28M 95.8% -50.3%

Valuation over time

How the market has priced SKLZ against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 0.8 1.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is SKLZ growing its revenue and profit?

Over the past 5 years, Skillz Inc.'s revenue has declined 14.5% per year. These are computed facts, not advice.

How much debt does SKLZ have?

As of FY2025, Skillz Inc. reported $128M of total debt against $195M of cash; operating income covered interest expense -4.2×.

What is SKLZ's profit margin?

In FY2025, gross margin was 87.5%, operating margin -61.2%, and net margin -67.4%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.