Galaxy Gaming, Inc. filed a Current Report on Form 8-K with the Securities and Exchange Commission on October 16, 2026. The filing discloses that the company posted an updated investor presentation regarding its second quarter 2026 results on its Investor Relations website. The document, attached as Exhibit 99.1, provides details on the company's financial performance and business operations.
The presentation highlights that Galaxy Gaming operates as a pure-play table games supplier with a dual-channel business model. The company reports that 99% of its revenue is recurring, generated through monthly licenses and participation billing. As of Q2 2026, the company’s core recurring revenue reached a record $4.8 million.
Financial metrics cited in the filing include an Adjusted EBITDA margin of 44.7% for Q2 2026. The company also reported $4.2 million in cash from operations for the first half of 2026, which was used to repay $1.4 million in debt and fund capital investments. The company’s trailing twelve-month free cash flow was reported at $6.9 million.
In terms of capital allocation, the Galaxy Gaming Board authorized a $4.0 million share repurchase program on July 22, 2026. Subsequent to the quarter end, the company repurchased 330,758 shares and cancelled all 778,320 outstanding Fortress warrants for approximately $1.2 million. These actions reduced the diluted share count by 4.2%, with approximately $2.3 million remaining available under the authorization.
The filing notes that Galaxy Gaming serves over 600 casinos across 30+ countries and holds 130+ gaming licenses. The company cites recent commercial wins, including a significant presence at Resorts World NYC and 30 blackjack tables across seven ships for MSC Cruises. The presentation also references the MONOPOLY brand, which the company states was the fastest brand ramp in its portfolio and was named Product Innovation of the Year at the Global Gaming Awards Americas 2026.
