Inspired Entertainment Reports Q3 2026 Results Amid Brazil Market Suspension and UK Tax Increases
Inspired Entertainment (INSE) reported third-quarter revenue of $61.4 million, a 29% year-over-year decrease driven by the divestiture of its U.K. holiday parks business and restructuring within its pub segment. Despite the top-line decline, the company achieved an adjusted EBITDA margin of 46%, marking an 1,100 basis point increase over six quarters due to the strategic removal of low-margin segments and digital growth. Regulatory headwinds significantly impacted performance, specifically the suspension of the Brazilian online gaming market and tax increases in the U.K. Consequently, management lowered its full-year 2026 adjusted EBITDA guidance to a range of $109 million to $112 million. While international markets face volatility, the company noted strong momentum in the U.S. interactive segment, which grew over 30% year-over-year.