Business
Enthusiast Gaming Reports Record Q4 2025 Adjusted EBITDA of $2.4 Million and Full Year 2025 Financial Results
Q4 2025 Adjusted EBITDA of $2.4 million, compared to $(0.2) million in prior year Q4 Adjusted ...
About this update from Enthusiast Gaming Holdings Inc
[{"type":"text","content":"Enthusiast Gaming Reports Record Q4 2025 Adjusted EBITDA of $2.4 Million and Full Year 2025 Financial ResultsQ4 2025 Adjusted EBITDA of $2.4 million, compared to $(0.2) million in prior yearQ4 Adjusted EBITDA margin of 27%, compared to (2)% in the prior yearFY2025 Adjusted EBITDA from continuing operations of $3.7 million, compared to $2.2 million in prior yearResults reflect operating progress from the Company's product-first strategic shiftRecord profits achieved while continuing to invest in R&D and future growthToronto, Ontario--(Newsfile Corp. - April 14, 2026) - Enthusiast Gaming Holdings Inc. (TSX: EGLX) (\"Enthusiast Gaming\" or the \"Company\"), a digital publisher focused on building tools, platforms, and experiences for gamers, today announced financial results for the three months ended (\"Q4 2025\") and year ended December 31, 2025 (\"FY 2025\"). The results reflect continued operating progress from the Company's product-first strategic shift, including record quarterly Adjusted EBITDA, strong Adjusted EBITDA margins, and cash generation, demonstrating a scalable business model.\"In Q3, we said the results of our product-first strategic shift would begin to shine through, and in Q4 they did,\" said Alex Macdonald, CEO of Enthusiast Gaming. \"We delivered record Adjusted EBITDA of $2.4 million in the quarter, the highest in company history by a wide margin, alongside an Adjusted EBITDA margin of approximately 27%. Importantly, this level of profitability was achieved while directing a significant portion of our spend toward R&D and future growth, underscoring the quality of the earnings we delivered. These results were also achieved despite a muted advertising backdrop and were accompanied by gains in working capital and cash.\"The operating progress behind these results is increasingly visible across the business, with total time spent with gamers increasing a further 7% quarter-over-quarter in Q4. We are also seeing future value emerge across our portfolio through the continued scaling of the U.GG mono-app ecosystem, the emergence of Tracklock.gg as a high-potential new contributor, and the expansion of Icy Veins into new gaming genres through a proven product model, technology stack, and CMS.\"We have demonstrated that the business is capable of producing meaningful profitability and generating c...