DoubleDown Interactive Past Earnings Performance
Past criteria checks 4/6
DoubleDown Interactive has been growing earnings at an average annual rate of 27.6%, while the Entertainment industry saw earnings growing at 27.9% annually. Revenues have been growing at an average rate of 0.9% per year. DoubleDown Interactive's return on equity is 12.4%, and it has net margins of 32.9%.
Key information
27.63%
Earnings growth rate
26.24%
EPS growth rate
| Entertainment Industry Growth | 18.06% |
| Revenue growth rate | 0.86% |
| Return on equity | 12.37% |
| Net Margin | 32.91% |
| Last Earnings Update | 30 Jun 2026 |
Recent past performance updates
Recent updates
Seeking Alpha • 21h
DoubleDown Interactive: The Market Is Practically Giving Away This Name
Summary DoubleDown (DDI) has a significant cash position, and shares are trading at a price not much higher than their book value. The company has begun to expand into segments beyond its core social gaming business, and I see this as a highly positive sign. DoubleDown continues to acquire new revenue-producing entities such as WHOW Games which add to its growth. The Q2 2026 earnings report showed no stopping this cash-producing machine. Read the full article on Seeking Alpha
Narrative Update • Jun 06
DDI: Take Private Proposal And Larger Acquisitions Will Shape Balanced Outlook
Analysts have trimmed their average price target on DoubleDown Interactive to $15 from $21, pointing to revised assumptions for revenue growth, profit margins and future P/E. They are still highlighting the company’s acquisition driven model and the pending take private proposal as key factors in their views.Narrative Update • May 14
DDI: Take Private Proposal And Acquisition Plans Will Shape Future Upside Potential
Analysts have trimmed their fair value estimate for DoubleDown Interactive to $11.25 from $14.00. This reflects a lower blended view of growth and valuation as they weigh a reduced Street price target, competitive pressures in social casino, and the uncertainty around the pending take private proposal.Narrative Update • Apr 25
DDI: Governance Amendments And New Auditor Will Support Future Upside Potential
Analysts kept their $14.00 price target on DoubleDown Interactive unchanged, citing largely steady fair value assumptions with only modest adjustments to the discount rate, revenue growth, profit margin, and future P/E inputs. What's in the News Shareholders approved a partial amendment to DoubleDown Interactive Co., Ltd.'s Articles of Incorporation at the annual general meeting held on March 27, 2026 (Key Developments).Narrative Update • Apr 11
DDI: Governance Updates And Auditor Alignment Will Support Future Upside Potential
Analysts have maintained their $14.00 price target for DoubleDown Interactive, noting that fair value and P/E assumptions remain largely unchanged, with only minor adjustments to the discount rate, revenue growth, and profit margin inputs. What's in the News Shareholders approved a partial amendment to DoubleDown Interactive Co., Ltd.'s Articles of Incorporation at the annual general meeting on March 27, 2026, signaling formal changes to the company's governing rules (Key Developments).Narrative Update • Mar 28
DDI: Governance And Auditor Transitions Will Support Future Upside Potential
Analysts have kept their $14.00 price target for DoubleDown Interactive unchanged, citing largely stable assumptions on growth, profitability and future P/E, with only minor model adjustments in areas such as the discount rate and revenue growth inputs. What's in the News Shareholders approved a partial amendment to DoubleDown Interactive's Articles of Incorporation at the annual general meeting on March 27, 2026.Narrative Update • Mar 13
DDI: Lockup Expiry And Follow On Offering Will Drive Future Upside
Analysts now hold their price target for DoubleDown Interactive at $14.00. The steady figure reflects updated views on discount rates, revenue growth, profit margins and future P/E that remain generally consistent with prior assumptions.Narrative Update • Feb 27
DDI: Follow-On Equity Offering And Lockup Structure Will Support Future Upside Potential
Analysts have trimmed their 12 month price target on DoubleDown Interactive to $14.00, reflecting updated assumptions around revenue growth, profit margins and a lower future P/E multiple, while keeping their fair value estimate unchanged at $14.00. What's in the News Completion of a follow on equity offering of 2,330,468 American Depositary Shares at US$8 per security, raising about US$18.64m in gross proceeds (Key Developments).Narrative Update • Feb 13
DDI: Follow-On Equity Offering Will Support Future Upside Potential
Analysts have reduced their price target on DoubleDown Interactive from $16.00 to $14.00, citing updated assumptions around revenue growth, profit margin, discount rate, and future P/E that they believe better reflect the company’s current risk and return profile. What's in the News Follow-on equity offering of 2,330,468 American Depositary Shares at US$8 per security, raising about US$18.64m in gross proceeds (Key Developments) End of lock-up period scheduled for 2,477,672 common shares, with restrictions in place from 17 Dec 2025 to 18 Mar 2026 that limit sales, hedging, and registration activity by directors, officers, and the selling shareholder (Key Developments) Lock-up terms cover direct and indirect transfers of common shares and related derivatives, as well as any public declaration of intent to sell or hedge these securities without underwriter consent (Key Developments) Valuation Changes Fair Value: reduced from $16.00 to $14.00, representing a modest cut in the implied value per share.Analysis Article • Jun 13
Lacklustre Performance Is Driving DoubleDown Interactive Co., Ltd.'s (NASDAQ:DDI) Low P/E
With a price-to-earnings (or "P/E") ratio of 3.4x DoubleDown Interactive Co., Ltd. ( NASDAQ:DDI ) may be sending very...Analysis Article • Apr 16
DoubleDown Interactive (NASDAQ:DDI) Is Experiencing Growth In Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Seeking Alpha • Mar 31
DoubleDown Interactive: A Cash Cow Trading For A Bargain
Summary DoubleDown Interactive is a cash cow trading at an inordinately cheap valuation. Key risks include declining user KPIs, a heavily regulated industry of operation, and potentially poor capital allocation by the company's management. DoubleDown Interactive's rock-bottom valuation could sufficiently mitigate these risks and provide an opportunity for significant alpha generation. Read the full article on Seeking AlphaSeeking Alpha • Mar 17
DoubleDown Interactive: Strong Buy On Valuation, Growth Potential
Summary DoubleDown Interactive offers strong valuation metrics, with a high cash flow focus, making it a top value play in my portfolio. The successful integration of SuperNation has provided a growth catalyst, with potential for future acquisitions and expansion into new gaming markets. DDI's predictable revenues and cash flows are supported by a sticky gamer base and a disciplined approach to user acquisition and R&D spending. Despite risks in growth, DDI's strong balance sheet and valuation metrics mitigate major stock price falls, reinforcing my Strong Buy rating. Read the full article on Seeking AlphaSeeking Alpha • Jan 27
DoubleDown Interactive: The House May Not Always Win
Summary DoubleDown Interactive recently entered iGaming with the acquisition of SuprNation, expanding beyond its casual casino games. iGaming offers potential revenue growth through real-money transactions, but DDI must maintain consistent player engagement. Social casino gaming is more stable and cost-effective, avoiding regulatory expenses associated with gambling. DDI’s strong financials include increasing revenue, negligible debt, and positive cash flow, but free cash flow growth is inconsistent. While DDI stock is undervalued, investors should hold and wait for visible growth in its new business in iGaming before entering a significant position. Read the full article on Seeking AlphaAnalysis Article • Dec 04
These 4 Measures Indicate That DoubleDown Interactive (NASDAQ:DDI) Is Using Debt Safely
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • Nov 21
DoubleDown Interactive Q3: KPIs Are On A Decline, Not Enticing Right Now
Summary DoubleDown Interactive's Q3 results missed top and bottom-line estimates, with revenue growth primarily driven by the acquisition of SuprNation, not organic growth. Despite declining user metrics, ARPU and payer conversion rates improved significantly, highlighting the impact of the European iGaming acquisition. The company boasts a strong financial position with substantial liquidity and minimal debt but needs to enhance its mobile offerings and customer service. I remain cautious due to stagnant KPIs and the need for aggressive action to attract and retain paying customers; I’ll stay on the sidelines for now. Read the full article on Seeking AlphaAnalysis Article • Nov 07
We Like These Underlying Return On Capital Trends At DoubleDown Interactive (NASDAQ:DDI)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Sep 28
Is There Now An Opportunity In DoubleDown Interactive Co., Ltd. (NASDAQ:DDI)?
DoubleDown Interactive Co., Ltd. ( NASDAQ:DDI ), might not be a large cap stock, but it saw a significant share price...
New Narrative • Sep 18
Social Casino Success Amid Industry Woes, But Economic And Execution Risks Lurk
Expansion in direct consumer payment options and the acquisition of SuprNation indicate strategic moves to increase profitability and diversify gaming portfolio.Analysis Article • Sep 01
Optimistic Investors Push DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Shares Up 27% But Growth Is Lacking
DoubleDown Interactive Co., Ltd. ( NASDAQ:DDI ) shareholders would be excited to see that the share price has had a...Analysis Article • Aug 17
Is DoubleDown Interactive (NASDAQ:DDI) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jun 04
Revenues Not Telling The Story For DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) After Shares Rise 28%
DoubleDown Interactive Co., Ltd. ( NASDAQ:DDI ) shares have had a really impressive month, gaining 28% after a shaky...Analysis Article • May 13
Are DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Investors Paying Above The Intrinsic Value?
Key Insights Using the 2 Stage Free Cash Flow to Equity, DoubleDown Interactive fair value estimate is US$9.63...Analysis Article • Feb 21
There's Reason For Concern Over DoubleDown Interactive Co., Ltd.'s (NASDAQ:DDI) Massive 46% Price Jump
Despite an already strong run, DoubleDown Interactive Co., Ltd. ( NASDAQ:DDI ) shares have been powering on, with a...Analysis Article • Feb 17
Analysts Are Updating Their DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Estimates After Its Yearly Results
Shareholders will be ecstatic, with their stake up 48% over the past week following DoubleDown Interactive Co., Ltd. 's...Analysis Article • Feb 13
These 4 Measures Indicate That DoubleDown Interactive (NASDAQ:DDI) Is Using Debt Safely
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 05
DoubleDown Interactive Co., Ltd.'s (NASDAQ:DDI) Share Price Could Signal Some Risk
With a median price-to-sales (or "P/S") ratio of close to 1.2x in the Entertainment industry in the United States, you...Analysis Article • Oct 14
DoubleDown Interactive (NASDAQ:DDI) Is Investing Its Capital With Increasing Efficiency
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Analysis Article • Aug 29
Getting In Cheap On DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Is Unlikely
There wouldn't be many who think DoubleDown Interactive Co., Ltd.'s ( NASDAQ:DDI ) price-to-sales (or "P/S") ratio of...Analysis Article • Jan 12
Slowing Rates Of Return At DoubleDown Interactive (NASDAQ:DDI) Leave Little Room For Excitement
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How DoubleDown Interactive makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 26 | 380 | 125 | 102 | 14 |
| 31 Mar 26 | 371 | 114 | 97 | 13 |
| 31 Dec 25 | 360 | 102 | 94 | 12 |
| 30 Sep 25 | 346 | 114 | 103 | 12 |
| 30 Jun 25 | 333 | 106 | 85 | 11 |
| 31 Mar 25 | 337 | 118 | 81 | 12 |
| 31 Dec 24 | 341 | 124 | 79 | 14 |
| 30 Sep 24 | 342 | 114 | 84 | 16 |
| 30 Jun 24 | 316 | 112 | 173 | 9 |
| 31 Mar 24 | 311 | 105 | 173 | 10 |
| 31 Dec 23 | 309 | 101 | 69 | 21 |
| 30 Sep 23 | 302 | -119 | 75 | 19 |
| 30 Jun 23 | 302 | -141 | 192 | 12 |
| 31 Mar 23 | 310 | -202 | 200 | 12 |
| 31 Dec 22 | 329 | -214 | 211 | 12 |
| 30 Sep 22 | 331 | -22 | 101 | 18 |
| 30 Jun 22 | 297 | 17 | 204 | 6 |
| 31 Mar 22 | 331 | 75 | 219 | 7 |
| 31 Dec 21 | 349 | 77 | 223 | 8 |
| 30 Sep 21 | 368 | 76 | 95 | 20 |
| 30 Jun 21 | 389 | 65 | 250 | 7 |
| 31 Mar 21 | 396 | 64 | 249 | 7 |
| 31 Dec 20 | 389 | 60 | 253 | 6 |
| 30 Sep 20 | 337 | 44 | 82 | 18 |
| 30 Jun 20 | 312 | 47 | 70 | 18 |
| 31 Mar 20 | 286 | 40 | 34 | 23 |
| 31 Dec 19 | 274 | 36 | 53 | 19 |
| 31 Dec 18 | 264 | 27 | 177 | 1 |
| 31 Dec 17 | 149 | -20 | 110 | 0 |
Quality Earnings: DDI has high quality earnings.
Growing Profit Margin: DDI's current net profit margins (32.9%) are higher than last year (31.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DDI's earnings have grown significantly by 27.6% per year over the past 5 years.
Accelerating Growth: DDI's earnings growth over the past year (17.6%) is below its 5-year average (27.6% per year).
Earnings vs Industry: DDI earnings growth over the past year (17.6%) exceeded the Entertainment industry 8.8%.
Return on Equity
High ROE: DDI's Return on Equity (12.4%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/13 16:38 |
| End of Day Share Price | 2026/08/13 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
DoubleDown Interactive Co., Ltd. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Nichols | B. Riley Securities, Inc. |
| David Bain | B. Riley Securities, Inc. |
| Nicholas McKay | Freedom Capital Markets |