TLDR
- PhilWeb Corporation reported net income of PHP47.0 million ($769,000) in the second quarter of 2026, reversing a loss from a year earlier.
- Revenue rose 96% year-on-year to PHP352.4 million ($5.76 million), driven by growth in Digital Gaming Solutions.
- The Digital Gaming Solutions segment made up 57% of group revenue and had no revenue in the same period last year.
- First-half 2026 revenue climbed 63.3% to PHP585.4 million ($9.57 million), with net income of PHP61.0 million ($997,000).
- PhilWeb signed new partnerships with gaming operators and plans to expand artificial intelligence use across its business infrastructure.
PhilWeb Corporation returned to profit in the second quarter of 2026. The Philippine-listed gaming technology company posted net income of PHP47.0 million, or $769,000.
That compares with a net loss of PHP16.3 million, or $266,000, in the same quarter last year. The company shared the results in a filing with the Philippine Stock Exchange on Tuesday, August 11.
Revenue for the quarter rose 96% year-on-year to PHP352.4 million, or $5.76 million. The growth came mainly from the company’s Digital Gaming Solutions segment.
Digital Gaming Drives Growth
Digital Gaming Solutions brought in PHP200.3 million, or $3.27 million, during the quarter. That made up 57% of the company’s total revenue.
This segment includes online gaming platform technology and game-content distribution. It had no revenue at all in the same quarter of 2025.
Revenue from this segment grew 152% compared with the first quarter of 2026. Group-wide revenue also grew 51% from the previous quarter.
EBITDA for the quarter reached PHP51.5 million, or $842,000. That is an increase of 886% compared with the same period last year.
The company’s EBITDA margin rose to 15%, up from 10% in the prior quarter. PhilWeb President Brian Ng said the growth shows the operating strength of the digital gaming unit.
For the first six months of 2026, revenue increased 63.3% year-on-year to PHP585.4 million, or $9.57 million. Net income for the half reached PHP61.0 million, or $997,000.
That reverses a loss of PHP41.8 million, or $683,000, from the same period in 2025. First-half EBITDA rose to PHP75.0 million, or $1.23 million, from just PHP2.2 million, or $36,000, a year earlier.
Digital Gaming Solutions revenue for the half totaled PHP279.6 million, or $4.57 million. This growth helped offset weaker results in the company’s venue-based business.
Service-provider share income in that older business fell 15.1%. Operator share income dropped 14.3% during the same period.
Costs and expenses for the half rose 33.2% to PHP520.1 million, or $8.50 million. The company said this was mainly due to spending on its digital expansion.
Partnerships And Future Plans
PhilWeb received accreditation from the Philippine Amusement and Gaming Corporation in March. This allows the company to supply technology and support services to licensed gaming operators.
During the first half of the year, PhilWeb signed agreements with several partners. These included HANN Casino Resort, FBM Philippines, Okada Manila’s OKADA PLAY, and Newport World Resorts’ NWRPlay.
The company also entered the game-content aggregation business. It began working with NUSTAR Online and PT Gaming before announcing content partnerships with Pragmatic Play and Games Global in July.
Looking ahead, PhilWeb said it plans to expand its use of artificial intelligence. The company’s initial focus will be fraud detection, regulatory compliance, and customer service across its business operations.
