)
Rivalry (RVLY) investor relations material
Rivalry Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved third consecutive quarter of sequential net revenue growth, with a 19% increase to $1.93 million in Q3 2025, up 47% since the start of the year.
Operating expenses declined 58% year-over-year to $3.52 million, reflecting a streamlined cost base.
Net loss improved 67% year-over-year to $1.96 million, compared to $5.89 million in Q3 2024.
Ontario market delivered its best quarter ever, now nearing 40% of net revenue.
Financial highlights
Adjusted G&A expense was $1.6 million, compared to reported $2.5 million; adjusted technology & content expense was $0.6 million versus $0.7 million reported.
Net revenue per player reached a new all-time high, 36% above the previous quarter and 210% above pre-transformation levels.
Wagers per player rose 7% quarter-over-quarter, nearly 300% above pre-rebuild average.
Average monthly deposits per player increased 24% quarter-over-quarter.
Outlook and guidance
Focus remains on disciplined marketing expansion, further product enhancements, and maintaining a normalized cost base.
Priorities include unlocking scale potential and executing with precision as the company enters 2026.
- Record margin, crypto revenue, and cost controls drive H2 profitability focus.RVLY
Q2 202422 Jan 2026 - Record user revenue, 50% lower OpEx, and $3M in token sales drive near-term profitability.RVLY
Q3 202412 Jan 2026 - Record player monetization and cost cuts drove a 59% YoY net loss reduction in Q2 2025.RVLY
Q2 20259 Sep 2025 - Operating expenses fell 58% YoY and net loss narrowed 43%, with user metrics surging.RVLY
Q1 202515 Aug 2025 - Net loss narrowed and efficiency improved as restructuring drove better player metrics.RVLY
Q4 202414 Jul 2025
Next Rivalry earnings date
Next Rivalry earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)