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Inspired Entertainment, Inc. (INSE) stock

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NASDAQ: INSE Nasdaq Interactive Home Entertainment Next results ~November 5, 2026

C Fundamentals grade

Inspired Entertainment, Inc. is a US-listed company in the interactive home entertainment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 8904% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 8904% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Inspired Entertainment, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 0 selling11 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds41 adding, 44 cuttingOf 14 active managers that changed their stake, 8 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Inspired Entertainment files

Where Inspired Entertainment stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $281m, down 6.5% on a year earlier, against growth of 1.9% a quarter earlier. That puts it 81 of 97 for growth among the communication services companies we cover. Free-cash-flow margin fell to 6.2% from 13.4% a year earlier. Operating margin widened to 14.3% from 11.2%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 5 financial-health checks.

Our model value for Inspired Entertainment is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Inspired Entertainment, Inc.'s trailing-twelve-month revenue fell 6.5% year on year, with a free-cash-flow margin of 6.2%. Where it stands out: change in share count of -0.4% ranks 2 of 10 interactive home entertainment companies we cover. Where it lags: long-term debt as % of assets of 81.3% ranks 5 of 5 interactive home entertainment companies we cover.

Our discounted-cash-flow model values the business at ~$9.4 per share in the base case (~$4.1–$16 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 577% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 3.1 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 6.5% over the last 12 months.
  • Growth slowing. The growth rate is 8.3 points lower than a quarter earlier.
  • Volatile shares. Over the past year the shares showed annualised volatility of 58% and a beta of 1.5 against the S&P 500.
  • Gross margin slipping. Gross margin is down 8.2 points on a year ago.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 81.3% ranks 5 of 5 interactive home entertainment companies we cover (median 10.0%).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.05 against an average estimate of -$0.01: beat by 576.6%
Revenue
$61m, down 24.3% on a year earlier
Share reaction
-3.6% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
adjusted EBITDA target range $112m to $118m (full year 2026); free Cash Flow conversion outlook 20% (2026)
Next report
November 5, 2026; average EPS estimate $0.01

Inspired Entertainment's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+6.2%
  • 1 week+19.2%
  • 1 month+9.4%
  • This year-59.5%
  • 1 year-49.8%
  • 5 years-73.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$281M
Operating margin
14.3%
Net margin
-3.3%
EPS (TTM, diluted)
$-0.32

Growth

Revenue growth
−6.5%
Change in growth rate
−8.3 pts
Share count change
−0.4%

Cash

Free cash flow (TTM)
$17.5M
FCF margin
6.2%
Stock pay % of revenue
2.3%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Inspired Entertainment, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 8904% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Our value per share comes from a discounted-cash-flow model of Inspired Entertainment, Inc.'s free cash flow after stock-based pay ( $34.5M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$9.94$13.25$6.10$6.75$6.58$12.96$12.67$9.88$9.05$9.36$3.79
Market value$117m$242m$138m$148m$156m$316m$369m$289m$264m$272m$111m
+ Net debt (− = net cash)$0$0$0$262m$267m$269m$258m$279m$284m$320m$296m
Enterprise value$117m$242m$138m$410m$423m$585m$627m$567m$548m$592m$407m
Multiples
Price / sales 1.0x2.0x1.0x1.0x0.8x1.5x1.3x0.9x0.9x0.9x0.4x
Price / earnings ——10.3x———17.4x41.8x4.1x——
Price / free cash flow 12.7x77.4x14.6x7.3x4.8x—41.0x12.7x18.0x16.7x6.3x
EV / EBITDA 5.5x37.4x10.6x47.1x35.5x27.3x9.2x7.2x7.4x7.1x4.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

28 /100

Weak moat

How hard Inspired Entertainment's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -5.5% of total assets over 10 years.

  • Pricing power 15 / 20

    Gross margin has been a median 72.7%, moving by 7.4 percentage points (standard deviation) across 5 years.

  • Durability 0 / 20

    Operating margin has been a median 3.1%; its worst year was -23.0%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 8 of 10 years, at a median 6.4% of revenue.

  • Discipline 8 / 20

    The diluted share count rose 22.6% over five years; stock-based pay has been a median 3.9% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (34 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $65m and EPS of $0.01 (range −$0.01 to $0.03) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.19 +283% $252m −17%
Next $0.35 +85% $264m +5%

Next year's EPS estimate has moved −46.9% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −38.2% on 90 days ago. In the last 30 days, 0 analysts raised Inspired Entertainment, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Inspired Entertainment, Inc., last 90 days
$0.00 $0.20 $0.40 $0.60 $0.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.31 Current fiscal year, 60 days ago: $0.27 Current fiscal year, 30 days ago: $0.27 Current fiscal year, 7 days ago: $0.22 Current fiscal year, Now: $0.19 $0.19 Next fiscal year, 90 days ago: $0.67 Next fiscal year, 60 days ago: $0.51 Next fiscal year, 30 days ago: $0.51 Next fiscal year, 7 days ago: $0.49 Next fiscal year, Now: $0.35 $0.35

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.31$0.67
60 days ago $0.27$0.51
30 days ago $0.27$0.51
7 days ago $0.22$0.49
Now $0.19$0.35

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.01 $0.05 +576.6%
Mar 2026 −$0.15 −$0.02 +86.6%
Dec 2025 $0.21 −$0.18 −186.9%
Sept 2025 $0.20 $0.28 +41.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Adjusted EBITDA target range full year 2026 $112m to $118m Non-GAAP Maintained
    “Management reaffirms full year 2026 Adjusted EBITDA target range of $112 million to $118 million 2 .” source
  • Free Cash Flow conversion outlook 2026 about 20% Lowered
    “The Company is updating its 2026 Free Cash Flow conversion outlook to 20%+, compared with its prior expectation of 20% to 25%, reflecting increased visibility into full-year cash generation.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Inspired Entertainment, Inc.'s revenue by -4.3% next year and +2.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-8.5%, weight 60%) and the company's own record (+2.0%, weight 40%) . How the weights are set.

Analyst recommendations

6 analysts, Oct 2026
Buy583%
Hold117%
Sell00%

Monthly trend

  1. Oct 20261416
  2. Sep 20261326
  3. Aug 20262316
  4. Jul 20262316

Counts of recommendations published by analysts covering Inspired Entertainment, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.6%
of tradable shares
Days to cover
3.06
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
84%
of shares
Held by insiders
7.9%
of shares
Employees
920
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −49.8%

$7.55 on October 31, 2025 to $3.79

ThenNowEffect
Revenue (last 12 months) $301m $281m −6.5%
P/S multiple 0.7x 0.4x −46.5%
Share count 29m 29m +0.4%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −63.8%

$10.46 on November 3, 2023 to $3.79

ThenNowEffect
Revenue (last 12 months) $298m $281m −5.6%
P/S multiple 1.0x 0.4x −60.9%
Share count 29m 29m −1.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
INSE+97%−2%−22%−8%+3%−60%
Industry peers (median)−30%−46%−4%+10%−20%−39%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
INSE58%58%58%58%75%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
INSE−35%−50%−55%−28%−42%−68%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 86% from September 19, 2017 to May 6, 2020. Getting back needed a 616% gain, reached on October 21, 2021, 533 days after the low.

Price behaviour

52-week range
$3.17 – $9.82
From 52-week high
−61.4%
vs 50-day average
−12.9%
vs 200-day average
−43.3%
Volatility (1 year)
58%
Beta vs S&P 500
1.49

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±6.0%
After a week
5 up, 7 down
typical move ±8.1%
After a month
6 up, 6 down
typical move ±9.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −3.6% −0.4% −10.0% −18.6%
May 7, 2026 +10.6% +0.5% +1.9% +8.3%
March 10, 2026 −13.4% −0.3% −16.5% −18.0%
November 5, 2025 +6.9% −0.7% +9.4% +15.7%
August 6, 2025 −3.5% +0.7% −2.3% +6.6%
May 8, 2025 +4.4% +0.6% +12.6% +6.8%
March 17, 2025 +3.0% −0.3% +9.3% −11.9%
November 8, 2024 +4.1% +0.5% −0.6% −8.7%
August 8, 2024 +5.1% +2.8% +7.9% +7.6%
May 10, 2024 −6.5% +0.1% −6.6% +1.7%
April 15, 2024 −3.9% −1.4% −6.9% −8.7%
February 27, 2024 −7.6% +0.1% −12.9% −5.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Inspired Entertainment, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Inspired Entertainment, Inc.
$280M $300M $320M $340M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $321.3M Revenue (TTM), FY23 Q4: $322.9M Revenue (TTM), FY24 Q1: $320.3M Revenue (TTM), FY24 Q2: $315.7M Revenue (TTM), FY24 Q3: $295.4M Revenue (TTM), FY24 Q4: $297.3M Revenue (TTM), FY25 Q1: $295.4M Revenue (TTM), FY25 Q2: $300.9M Revenue (TTM), FY25 Q3: $309.9M Revenue (TTM), FY25 Q4: $304.1M Revenue (TTM), FY26 Q1: $300.9M Revenue (TTM), FY26 Q2: $281.4M $281.4M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $321.3M
FY23 Q4 $322.9M
FY24 Q1 $320.3M
FY24 Q2 $315.7M
FY24 Q3 $295.4M
FY24 Q4 $297.3M
FY25 Q1 $295.4M
FY25 Q2 $300.9M
FY25 Q3 $309.9M
FY25 Q4 $304.1M
FY26 Q1 $300.9M
FY26 Q2 $281.4M
Revenue growth, TTM YoY Inspired Entertainment, Inc.
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 19.5% Revenue growth, TTM YoY, FY23 Q4: 13.5% Revenue growth, TTM YoY, FY24 Q1: 10.8% Revenue growth, TTM YoY, FY24 Q2: 5.9% Revenue growth, TTM YoY, FY24 Q3: -8.1% Revenue growth, TTM YoY, FY24 Q4: -7.9% Revenue growth, TTM YoY, FY25 Q1: -7.8% Revenue growth, TTM YoY, FY25 Q2: -4.7% Revenue growth, TTM YoY, FY25 Q3: 4.9% Revenue growth, TTM YoY, FY25 Q4: 2.3% Revenue growth, TTM YoY, FY26 Q1: 1.9% Revenue growth, TTM YoY, FY26 Q2: -6.5% -6.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 19.5%
FY23 Q4 13.5%
FY24 Q1 10.8%
FY24 Q2 5.9%
FY24 Q3 -8.1%
FY24 Q4 -7.9%
FY25 Q1 -7.8%
FY25 Q2 -4.7%
FY25 Q3 4.9%
FY25 Q4 2.3%
FY26 Q1 1.9%
FY26 Q2 -6.5%
Operating margin (TTM) Inspired Entertainment, Inc.
8% 10% 12% 14% 16% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 13.3% Operating margin (TTM), FY23 Q4: 12.0% Operating margin (TTM), FY24 Q1: 10.1% Operating margin (TTM), FY24 Q2: 8.6% Operating margin (TTM), FY24 Q3: 8.8% Operating margin (TTM), FY24 Q4: 10.3% Operating margin (TTM), FY25 Q1: 11.6% Operating margin (TTM), FY25 Q2: 11.2% Operating margin (TTM), FY25 Q3: 10.4% Operating margin (TTM), FY25 Q4: 10.0% Operating margin (TTM), FY26 Q1: 12.7% Operating margin (TTM), FY26 Q2: 14.3% 14.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 13.3%
FY23 Q4 12.0%
FY24 Q1 10.1%
FY24 Q2 8.6%
FY24 Q3 8.8%
FY24 Q4 10.3%
FY25 Q1 11.6%
FY25 Q2 11.2%
FY25 Q3 10.4%
FY25 Q4 10.0%
FY26 Q1 12.7%
FY26 Q2 14.3%
FCF margin (TTM) Inspired Entertainment, Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 5.3% FCF margin (TTM), FY23 Q4: 7.0% FCF margin (TTM), FY24 Q1: 5.7% FCF margin (TTM), FY24 Q2: -1.5% FCF margin (TTM), FY24 Q3: 4.4% FCF margin (TTM), FY24 Q4: 4.9% FCF margin (TTM), FY25 Q1: 10.0% FCF margin (TTM), FY25 Q2: 13.4% FCF margin (TTM), FY25 Q3: 9.0% FCF margin (TTM), FY25 Q4: 5.4% FCF margin (TTM), FY26 Q1: 7.6% FCF margin (TTM), FY26 Q2: 6.2% 6.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 5.3%
FY23 Q4 7.0%
FY24 Q1 5.7%
FY24 Q2 -1.5%
FY24 Q3 4.4%
FY24 Q4 4.9%
FY25 Q1 10.0%
FY25 Q2 13.4%
FY25 Q3 9.0%
FY25 Q4 5.4%
FY26 Q1 7.6%
FY26 Q2 6.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A, 10-QT. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 128 120 123 141 153 200 206 285 323 297 304 281
Gross profit — — — 119 128 154 154 190 194 — — —
EBITDA 38 21 6 13 9 12 21 68 79 74 83 94
Operating income −1 −1 −12 −7 −13 −18 −5 47 39 31 31 40
Net income −60 −60 −49 13 −41 −57 −41 21 7 65 −17 −9
Diluted EPS −$5.23 −$5.11 −$2.68 $0.59 −$1.88 −$2.39 −$1.66 $0.73 $0.24 $2.22 −$0.58 −$0.32
Growth (year on year)
Revenue — −6.1% +2.3% +15.4% +8.5% +30.2% +3.0% +38.2% +13.5% −8.0% +2.4% −6.5%
EBITDA — −44.6% −69.3% +100.6% −33.1% +36.8% +79.8% +217.8% +15.4% −5.7% +12.0% +13.2%
Operating income — — — — — — — — −16.3% −21.1% −0.7% +19.3%
Net income — — — — −409.0% — — — −67.5% +839.1% −126.2% −115.2%
Diluted EPS — — — — −418.6% — — — −67.1% +825.0% −126.1% −115.2%
Margins
Gross margin — — — 84.0% 83.4% 77.0% 74.8% 66.6% 60.2% — — —
EBITDA margin 29.9% 17.6% 5.3% 9.2% 5.7% 6.0% 10.4% 23.9% 24.3% 24.9% 27.3% 33.3%
Operating margin −1.0% −1.1% −9.7% −5.2% −8.5% −9.0% −2.2% 16.3% 12.0% 10.3% 10.0% 14.3%
Net margin −46.9% −50.0% −40.1% 9.4% −26.8% −28.4% −19.7% 7.5% 2.1% 21.8% −5.6% −3.3%
Free-cash-flow margin 2.5% 7.7% 2.6% 6.6% 13.2% 16.3% −4.3% 3.2% 7.0% 4.9% 5.4% 6.2%
Cash flow
Cash from operations 25 19 18 34 31 48 2 30 55 32 52 41
Capital spending 22 9 15 25 11 15 11 21 32 17 36 23
Free cash flow 3 9 3 9 20 33 −9 9 23 15 16 18
Stock-based pay — — 4 7 9 5 13 11 11 8 7 7
Free cash flow after stock pay — — −1 2 11 28 −22 −2 12 7 10 11
Balance sheet
Cash — — — — 29 47 48 25 40 29 43 23
Total debt — — 124 132 291 314 317 283 319 313 363 319
Net debt (negative = net cash) — — — — 262 267 269 258 279 284 320 296
Diluted shares 11m 12m 18m 23m 22m 24m 24m 29m 29m 29m 29m 29m
Returned to shareholders
Buybacks — — — — — — — 10 2 — 0 —
Total returned — — — — — — — 10 2 — 0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 5 checks passed · June 30, 2026
What it owns · $393m
Short-term assets $125mLonger-term assets $268m
What it owes, and who funded it · $409m
Short-term liabilities $55mLonger-term liabilities $353mShareholders' equity $-16m
  • Short-term assets cover short-term liabilities $125m of assets due within a year against $55m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $125m short-term assets against $353m of longer-dated liabilities.
  • More cash than debt $23m of cash against $319m of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $41m of operating cash flow against $319m of debt.
  • Operating profit covers interest at least five times over Operating income of $40m against $43m of interest.

From Inspired Entertainment, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$12.4M
Diluted share count
−0.4%
year over year
Days sales outstanding
53 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in interactive home entertainment
Last 12 months unless stated INSE MYPS GDEV GMHS SNAL CTW Median
Revenue, last 12 months $281m $226m $404m $105m $86m $83m $166m
Revenue growth, last 12 months −6.5% −13.3% −3.9% −11.3% −5.6% −8.7% 1.6%
Revenue growth, 3-year average −1.9% −9.9% — — 16.5% — 16.5%
Revenue growth, latest quarter −24.3% −7.3% — — −11.3% — 2.0%
Gross margin 59.6% — — 52.7% 33.7% 65.5% 57.8%
Operating margin 14.3% −17.9% 17.6% 1.3% −13.9% −8.9% −5.6%
Operating margin, 3-year average 11.3% −11.6% — — −6.2% — −11.6%
Net margin −3.3% −20.6% 17.1% 4.1% −11.2% −5.0% −4.9%
Cash from operations / revenue 14.5% 8.3% 7.3% 5.7% 9.5% −3.8% 7.9%
Free-cash-flow margin 6.2% 8.0% 7.2% 5.0% 9.5% −4.3% 6.7%
Free-cash-flow margin, 3-year average 6.0% 12.5% — — 6.6% — 6.0%
Stock pay / revenue 2.3% 4.4% 0.2% 0.3% 0.2% 2.4% 2.4%
Change in share count −0.4% 1.4% −0.2% 3.6% — 4.0% 1.4%

Median of all 12 companies we cover in interactive home entertainment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

12 interactive home entertainment companies
Measure Company Peer median Rank
Revenue growth Growth -6.5% 7.1% 9 of 12
Change in growth rate Growth -8.3pp +2.6pp 10 of 12
Operating margin Profitability 14.3% -2.4% 4 of 12
Net margin Profitability -3.3% -4.8% 5 of 12
Free-cash-flow margin Cash generation 6.2% 7.2% 7 of 12
Stock pay as % of revenue Cash generation 2.3% 2.4% 5 of 10
Long-term debt as % of assets Balance sheet 81.3% 10.0% 5 of 5
Change in share count Balance sheet -0.4% 3.6% 2 of 10
Days sales outstanding Balance sheet 53 days 33 days 9 of 10

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Gaming $112M 36.9% ▲ 1.5%
Leisure $96.6M 31.8% ▼ 5.1%
Interactive $58.6M 19.3% ▲ 49.1%
Virtualsports $36.6M 12.0% ▼ 19.4%
Products and services
Line of business Revenue Share YoY
Services $279M 91.6% ▲ 7.7%
Product Sales $25.5M 8.4% ▼ 33.8%
Geography
Region Revenue Share YoY
United Kingdom $210M 69.0% ▼ 3.4%
Rest of World $67.3M 22.1% ▲ 14.5%
GR $27.1M 8.9% ▲ 27.2%

From Inspired Entertainment, Inc.'s 10-K filed March 10, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$177M
Institutions reporting
98
Shares held vs prior quarter
▼ 1.4%
Positions opened / closed
5 / 10

Top buyers and sellers, Q2 2026: 41 institutions bought and 44 sold ; the biggest buyer was Blackrock, Inc (+257K shares) and the biggest seller 683 Capital Management, LLC (−625K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Macquarie Group Ltd $24.9M 3.0M 14.1% 0.0%
Kanen Wealth Management LLC $20.7M 2.6M 11.7% ▼ 4.8%
Blackrock, Inc. $19.2M 2.3M 10.8% ▲ 12.5%
Samjo Management, LLC $18.3M 2.2M 10.4% ▲ 9.6%
Jupiter Topco LLC $11M 1.3M 6.2% —
Private Management Group Inc $10.6M 1.3M 6.0% ▲ 0.8%
Brown Advisory Inc $7.6M 926K 4.3% ▼ 4.1%
Csm Advisors, LLC $5.7M 687K 3.2% ▼ 1.9%
Potomac Capital Management, Inc. $5.1M 617K 2.9% 0.0%
Geode Capital Management, LLC $5.1M 615K 2.9% ▲ 7.7%
Cdc Financial, Inc. $4.2M 506K 2.4% ▲ 11.8%
State Street Corp $3.9M 467K 2.2% ▼ 1.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Inspired Entertainment, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $1.1M 11 trades by 3 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $1.1M net buying
Insider Date Trade Shares Price Value
Weil A Lorne Executive Chairman March 27, 2026 Buy 20,000 $6.80 $136,000
Pierce Brooks H President and CEO March 27, 2026 Buy 5,000 $6.76 $33,800
Weil A Lorne Executive Chairman March 26, 2026 Buy 21,659 $6.85 $148,364
Pierce Brooks H President and CEO March 26, 2026 Buy 13,332 $6.88 $91,724
Chambrello Michael R. Director March 26, 2026 Buy 4,812 $6.95 $33,443
Chambrello Michael R. Director March 26, 2026 Buy 5,188 $6.90 $35,797
Weil A Lorne Executive Chairman March 25, 2026 Buy 8,341 $6.66 $55,551
Pierce Brooks H President and CEO March 25, 2026 Buy 1,668 $6.66 $11,109
Weil A Lorne Executive Chairman November 26, 2025 Buy 50,000 $8.11 $405,500
Pierce Brooks H President and CEO November 21, 2025 Buy 10,000 $7.39 $73,900
Pierce Brooks H President and CEO November 20, 2025 Buy 10,000 $7.04 $70,400

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 7, 2026
  • March 10, 2026
  • November 5, 2025
  • August 6, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Inspired Entertainment, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Inspired Entertainment, Inc. in brief

What does Inspired Entertainment, Inc. do?
Inspired Entertainment, Inc. is a US-listed company in the interactive home entertainment industry. Its financial year ends in December.
What is Inspired Entertainment, Inc.'s stock ticker?
Inspired Entertainment, Inc. trades under the ticker INSE on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Inspired Entertainment, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Inspired Entertainment, Inc. reported revenue of $281M, 6.5% lower than a year earlier, according to its SEC filings.
What is Inspired Entertainment, Inc.'s free cash flow?
Inspired Entertainment, Inc.'s free-cash-flow margin is 6.2% of revenue over the trailing twelve months, ranking 7 of the 12 interactive home entertainment companies we cover.
Who are Inspired Entertainment, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Macquarie Group Ltd, Kanen Wealth Management LLC and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Inspired Entertainment, Inc.'s market cap?
On November 2, 2026, Inspired Entertainment, Inc.'s market capitalisation was about $111M and net debt of $296M. Market figures come from third-party market data and may be delayed.
Who are Inspired Entertainment, Inc.'s competitors?
In our Interactive Home Entertainment peer group, the companies closest to Inspired Entertainment, Inc. are Playstudios, Inc., Gdev Inc., Gamehaus Holdings Inc., Snail, Inc. and CTW. The side-by-side comparison below sets their revenue, margins and growth against Inspired Entertainment, Inc.'s.
Are insiders buying or selling Inspired Entertainment, Inc. stock?
Over the last 12 months, Inspired Entertainment, Inc.'s directors and officers reported 11 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Inspired Entertainment, Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Inspired Entertainment, Inc. announces its own schedule.