# Playboy, Inc. (PLBY) · Edgar & Edgarette company card

> Playboy (PLBY) grew revenue 4.1% in FY2025 to $121 million, operating margin -6.6% against a 4.7% median for retail-miscellaneous retail, equity 6.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1803914 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PLBY) · [JSON](https://www.pops4.com/boards/company/PLBY.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $121M |
| Revenue growth, 1 year | 4.1% |
| Revenue growth per year | -16.3% |
| Operating margin | -6.6% (prior year -43.8%) |
| Net margin | -10.5% |
| Operating cash flow | $18,000 |
| Capital spending | $1M |
| Free cash flow | −$1M |
| Cash | $38M |
| Long-term debt | $174M |
| Total assets | $292M |
| Total equity | $18M |
| Equity ÷ assets | 6.3% |
| Return on equity | -69.0% |
| Dividend per share | $0 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: -7.96 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -3.06 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · filed auditor change in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $120.9M (FY2025), total debt $174.2M. Experience: revenue up 4.1% on the year, down 16.3% a year over 4 years; operating margin -6.6%, up from -43.8%. Soundness: equity 6.3% of assets, return on equity -69.0%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $91.8M and $139.6M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $82.6M to $155.9M. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, retail-miscellaneous retail): operating margin -6.6% against a 4.7% median; growth 4.1% against 7.9%.

Range logged 2026-10-29, receipt 608cec70251181bf, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2025-12-19 ([filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828025058362/0001628280-25-058362-index.htm))
- Item 4.01 Auditor change: 1, latest 2026-03-31 ([filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026022481/0001628280-26-022481-index.htm))
- Item 5.02 Director or officer change: 4, latest 2026-06-04 ([filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026040642/0001628280-26-040642-index.htm))

## Recent filings

- 8-K · filed 2026-10-28 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026067885/0001628280-26-067885-index.htm)
- 10-Q · filed 2026-08-10 · [filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026055279/0001628280-26-055279-index.htm)
- 8-K · filed 2026-08-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026055251/0001628280-26-055251-index.htm)
- 8-K · filed 2026-06-22 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026044510/0001628280-26-044510-index.htm)
- 8-K · filed 2026-06-17 · 1.01 Entry into a Material Definitive Agreement; 5.07 Submission of Matters to a Vote of Security Holders; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/0001628280-26-043729-index.htm)
- 8-K · filed 2026-06-04 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1803914/000162828026040642/0001628280-26-040642-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001803914.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1803914

## Cite

POPS4, Edgar & Edgarette: Playboy, Inc. (PLBY) company card, from the company's own SEC filings, accessed 2026-10-29, https://www.pops4.com/boards/company/PLBY. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.