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INSE · Inspired Entertainment, Inc.

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$4.40 +0.01 (+0.23%) At close · Nov 13
Market Cap
$116.01M
Shares
26.37M
Volume · Nov 13 421.27K Avg daily vol (3M) 396.86K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$4.40 Open$4.33 Day$4.33–4.53 52W close$3.17–9.82 Avg vol 30d505K Short int1.2M · 4.7% of shares · 2.5d Short vol32% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 5

Up next

Mar 9, 2027 Est · unconfirmed · in 16 wks

Latest documents

2026
Nov 5
Earnings call
Brazil shutdown lowers full-year guidance floor to $109 million

Inspired Entertainment reduced the low end of full-year guidance to $109 million after Brazil’s shutdown, while third-quarter 2026 EBITDA margin reached 46% and senior secured net leverage was about 2.8 times.

4 source passages
Inspired Entertainment third quarter 2026 conference call we're reducing the low end of our full-year guidance to $109 million EBITDA margins continue to improve, having reached 46% in the third quarter our senior secured net leverage was about 2.8 times Open the document at this passage
Nov 5
Current report 8-K
Third-quarter revenue $61.4 million, Adjusted EBITDA $28.2 million

Inspired Entertainment, Inc. reported third-quarter revenue of $61.4 million and Adjusted EBITDA of $28.2 million, while cutting 2026 Adjusted EBITDA guidance to $109 million — $112 million from $112 million — $118 million due to Brazil’s shutdown of regulated online betting and gaming.

Financial results
4 source passages
Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported financial results for the third quarter ended September 30, 2026. Third Quarter Revenue of $61.4 million; Like-for-like Revenue^1^ Increased Approximately 4% Despite Higher UK Gaming Taxes, Reflecting Continued Growth and Market Share Gains Adjusted EBITDA of $28.2 million Increased 4% Sequentially, Delivering a Record 46% Adjusted EBITDA Margin^3^ We are updating our 2026 Adjusted EBITDA guidance to $109 million to $112 million^5^, from $112 million to $118 million, to primarily reflect the effect of the Brazil shutdown. Open the document at this passage
Nov 5
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Brazil ban pressures results as nine-month revenue falls 21%

Inspired Entertainment reported nine-month revenue of $179.4 million, down 21%, and a net loss of $0.4 million versus $9.8 million. Brazil’s provisional ban on regulated online betting and gaming is expected to hurt operations while it remains in force.

Revenue $61.4M ▼ 28.8% Net loss $100K Diluted EPS $0.00
Read from the MD&A section
3 source passages
Total revenue | 61.4 | 86.2 | (0.1) | (24.7) | | (29)% | | (29)% | 179.4 | 226.9 | 3.4 | (50.9) | | (22)% | | (21)% Net Income (Loss) | (0.1) | (1.9) | 1.5 | 0.3 | | (16)% | | (95)% | (0.4) | (9.8) | 1.3 | 8.1 | | (83)% | | (96)% The Company continues to monitor legislative and legal developments related to the provisional measure and expects its results of operations from Brazil to be adversely affected for as long as the prohibition remains in effect. Open the document at this passage
Sep 23
Current report 8-K/A Events of May 27
Shareholder vote results

Inspired Entertainment, Inc.’s Board decided to hold advisory Say-on-Pay votes annually at each Annual Meeting of Stockholders.

Aug 18
Current report 8-K
Other events AI summary on its way
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$256.60M
Trailing 12 months
Net income (TTM)
−$7.60M
Trailing 12 months
Revenue growth YoY
-28.8%
Year over year
Operating margin
15.9%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$288.90M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-1.4%
Year over year · fewer shares
Price change (1Y)
-43.7%
Trailing year
Short interest
4.7%
Latest settlement · 2.5 days to cover
View all 125 metrics

AI Brief

Q3 FY26 earnings call · Nov 5, 2026
Q3 FY26

TL;DR. Inspired delivered a record 46% Adjusted EBITDA margin, like-for-like revenue growth of approximately 9%, strong U.S. Interactive growth, leverage well below the covenant, and new U.S. Virtual Sports launches, while continuing to prioritize debt reduction and share repurchases. Brazil’s shutdown reduced FY2026 guidance and pushed the growth curve to the right, while reported Adjusted EBITDA and adjusted net income declined and UK taxes and free-cash-flow conversion remain headwinds.

Bullish
  • + Adjusted EBITDA increased 4% sequentially to $28.2 million, delivering a record 46% margin.
  • + Like-for-like revenue increased approximately 9% after adjusting for higher UK gaming taxes, with Adjusted EBITDA growing at approximately twice that pace.
  • + U.S. Interactive GGR grew over 30% year over year and significantly outpaced broader U.S. iGaming market growth.
  • + Senior secured net leverage was about 2.8 times, leaving over $46 million of covenant EBITDA headroom.
  • + The company expanded its U.S. digital footprint through Virtual Sports launches with the Massachusetts Lottery and FanDuel in the fourth quarter.
  • + Capital allocation priorities include continued debt reduction and share repurchases.
Bearish
  • − FY2026 Adjusted EBITDA guidance was reduced to $109 million–$112 million from $112 million–$118 million, primarily reflecting Brazil’s suspension of regulated online gaming.
  • − Third-quarter total company Adjusted EBITDA declined 13% year over year to $28.2 million.
  • − Third-quarter adjusted net income declined 66% year over year to $2.8 million.
  • − The UK machine-gaming duty increase is expected to create a $2 million–$3 million impact beginning in April 2027.
  • − Full-year 2026 free cash flow conversion is now expected to be slightly below the company’s 20% target because of Brazil’s lost earnings contribution.
  • − Management expects 2027 growth to be only modest because Brazil is assumed to remain shut and the lost contribution must first be recovered.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Neutral Momentum Weak Sentiment Bullish Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg −32%
below
Price vs 50-day avg +9%
above
RSI (14) 61
neutral
MACD trend Positive
52-week position 18%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return +35%
trailing
6-month return −40%
trailing
YTD return −53%
this year
Relative strength −40%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $4 › 200d $6 — 200d above 50d
Institutional flow Accumulating
86 of 99 funds reported for Sep 30 · net +762.5K sh shares · +17 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
4.65% of shares out · ▼ -0.4% MoM · 2.5 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
99 holders — mid 3-yr range
Squeeze score 52
elevated · 0–100
Fundamentals
Strong
Revenue growth +30%
Y/Y
EPS growth −126%
Y/Y
Free cash flow $16.3M
Buyback $19.4M
remaining
Balance sheet $319.9M
net debt
Quant / Vol
risk profile
Very High
Volatility 60%
annualized · 1-yr
Max drawdown −68%
past year
ATR 7.0%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Aug 5, 2026
EBITDA target range · 2026 $112M – $118M
Free cash flow conversion · 2026 at least 20%
Pro forma free cash flow conversion · 2026 Non-GAAP at least 25%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral
1 · 4 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−32% Bearish
Price vs 50-day avg
+9% Bullish
RSI (14)
61 Neutral
MACD trend
Positive Bullish
52-week position
18% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $4 › 200d $6 — 200d above 50d
Institutional flow Accumulating
86 of 99 funds reported for Sep 30 · net +762.5K sh shares · +17 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
4.65% of shares out · ▼ -0.4% MoM · 2.5 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
99 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $3 Now $4 · 18% Range high $10
vs 200-day avg -32% vs 50-day avg +9%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted EBITDA non-GAAP $50.7M Six Months Ended June 30, 2026 —
Adjusted EBITDA Margin non-GAAP 43% Six Months Ended June 30, 2026 —
Adjusted Net (Loss) Income per diluted share non-GAAP $0.03 Six Months Ended June 30, 2026 —
Adjusted Net income non-GAAP $0.9M Six Months Ended June 30, 2026 —
Corporate Adjusted EBITDA non-GAAP -$16.9M Three Months Ended June 30, 2026 —
Total Company Adjusted EBITDA non-GAAP $50.7M Six Months Ended June 30, 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Gambling — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
INSE
Inspired Entertainment, Inc.
this stock
$116.01M -53.0% +30.2% — 4.7%
GRKZF
Greek Organisation of Football Prognostics S.A.
$18.00B — — — 0.0%
DKNG
DraftKings Inc.
$16.84B -45.2% +27.0% — 4.8%
FLUT
Flutter Entertainment plc
$14.11B -62.3% +16.6% — 9.8%
LOTMY
Lottomatica Group S.p.A.
$7.09B +16.5% — — 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
109
% held
85.1%
Reported
86 of 99
Top holder
MACQUARIE GROUP LTD
Held Float
View
Held by Funds
Fund positions
107
View
Short & Settlement
Short Interest Falling
Shares short
1.2M
Days to cover
2.5d
Change
-5.3K sh
View
Short Volume
Short vol %
32%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
591
Value
$3.1K
As of
Sep 15, 2026
View
Off-Exchange
Off-exchange %
37.1%
Week of
Oct 5, 2026
Off-exch Lit
View
Financials
Financials
Revenue (FY)
$304.1M
Net income (FY)
$-17.0M
EPS diluted
$-0.58
View
Buybacks
Authorized
$25.0M
Remaining
$19.4M
Spent Remaining
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 5, 2026
This year
14

Inspired Entertainment reported nine-month revenue of $179.4 million, down 21%, and a net loss of $0.4 million versus $9.8 million. Brazil’s provisional ban on regulated online betting and gaming is expected to hurt operations while it remains in force.

View
Earnings & Events
Webcasts
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
Inspired Reports Third Quarter 20…
Published
Nov 5, 2026
View

Performance

5D 20D 120D MTD YTD
INSE +18.9% +34.6% -39.9% +23.3% -53.0%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +16.3% +35.7% -40.4% +23.4% -63.6%

Capital returns

Buyback program · as of Jun 30, 2026
Authorized
$25.00M
Spent (derived)
$5.60M
Remaining
$19.40M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1615063 CUSIP 45782N108 13F (30d) 85 filings 72 filers Visit website Investor relations