Flagship explainer

How Playboy, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$121M · 100%Cost of revenue$35.1M · 29%Gross profit$85.9M · 71%Operating income−$8M · −7%Income before tax−$13.9M · −11%Income tax−$1.2M · −1%Net income−$12.7M · −10%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$121M100%
Cost of revenue$35.1M29%
$85.9M71%
−$8M−7%
Income before tax−$13.9M−11%
Income tax−$1.2M−1%
−$12.7M−10%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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