INSE on Nasdaq
Inspired Entertainment, Inc.
American prepackaged software services company based in New York2
In its 2026 annual report the company says: “We also offer a range of more traditional casino games through our SBG network, such as roulette, blackjack and numbers games. We are committed to developing innovative products for our customers and are focused on improving player entertainment and customer profitability.”5 Its shares trade on Nasdaq under the symbol INSE.2
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Last updated Oct 21, 2026.
Overview
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- TickerINSE on Nasdaq2
- IndustryServices-Prepackaged Software2
- HeadquartersNew York, United States2
- Incorporated inDE3
- Business address250 West 57Th Street, Suite 415, New York,, Ny 101073
- Filer categoryAccelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300ZUGYK6NBIU6D692
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O VCORP SERVICES, LLC, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 55426532
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We also offer a range of more traditional casino games through our SBG network, such as roulette, blackjack and numbers games.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Service brought in 92% of the revenue Inspired Entertainment, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Service | $258.6M | $278.6M |
| Product Sales | $38.5M | $25.5M |
Business segments
Gaming brought in 37% of the revenue Inspired Entertainment, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Gaming | $110.6M | $112.3M |
| Leisure | $101.8M | $96.6M |
| Interactive | $39.3M | $58.6M |
| Virtual Sports | $45.4M | $36.6M |
Regions
United Kingdom brought in 69% of the revenue Inspired Entertainment, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United Kingdom | $217.0M | $209.7M |
| Rest Of World | $58.8M | $67.3M |
| GR | $21.3M | $27.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development6¢$19.4M
- Other costs90¢$273.6M
- Income tax4¢$11.1M
Out of $304.1M in revenue.6 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending69¢$35.7M
- Share buybacks1¢$400.0K
- Kept or used elsewhere31¢$15.9M
Out of $52.0M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total revenue | $304.1M | $297.1M |
| Selling, general and administrative expenses | -$128.1M | -$130.8M |
| Depreciation and amortization | -$52.4M | -$43.3M |
| Loss on sale of business | -$6.6M | |
| Net operating income | $30.5M | $30.7M |
| Interest expense, net | -$37.3M | -$29.4M |
| Other finance income | $900.0K | $500.0K |
| Total other expense, net | -$36.4M | -$28.9M |
| Net (loss) income before income taxes | -$5.9M | $1.8M |
| Income tax (expense) benefit | -$11.1M | $63.0M |
| Net (loss) income | -$17.0M | $64.8M |
| Foreign currency translation (loss) gain | -$700.0K | $1.4M |
| Deferred tax on foreign currency translation (loss) gain | $100.0K | -$1.0M |
| Change in fair value of hedging instrument | -$500.0K | |
| Reclassification of gain on hedging instrument to comprehensive income | -$100.0K | |
| Deferred tax on movement in hedging instrument | $100.0K | |
| Actuarial gains on pension plan | $800.0K | $4.7M |
| Deferred tax on actuarial gains on pension plan | -$200.0K | -$1.1M |
| Other comprehensive (loss) income | -$500.0K | $4.0M |
| Comprehensive (loss) income | -$17.5M | $68.8M |
| Net (loss) income per common share basic | -$0.58 | $2.27 |
| Net (loss) income per common share - diluted | -$0.58 | $2.22 |
| Weighted average number of shares outstanding during the year basic | 29.1M shares | 28.5M shares |
| Weighted average number of shares outstanding during the year - diluted | 29.1M shares | 29.2M shares |
| Selling, general and administrative expenses | -$6.7M | -$7.6M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $42.0M | $29.3M | |
| Restricted cash | $1.3M | ||
| Accounts receivable, net | $43.9M | $65.4M | |
| Inventory | $18.5M | $28.0M | |
| Prepaid expenses and other current assets | $46.8M | $36.0M | |
| Corporate tax and other current taxes receivable | $5.5M | $1.2M | |
| Total current assets | $158.0M | $159.9M | |
| Property and equipment, net | $60.5M | $56.4M | |
| Software development costs, net | $22.7M | $22.4M | |
| Other acquired intangible assets subject to amortization, net | $14.0M | $16.1M | |
| Goodwill | $62.1M | $57.8M | $58.8M |
| Finance lease right of use asset | $21.7M | $18.7M | |
| Operating lease right of use asset | $7.8M | $16.2M | |
| Costs of obtaining and fulfilling customer contracts, net | $12.1M | $11.0M | |
| Deferred tax | $65.3M | $67.4M | |
| Other assets | $15.7M | $12.5M | |
| Total assets | $439.9M | $438.4M | |
| Accounts payable and accrued expenses | $42.7M | $53.7M | |
| Corporate tax and other current taxes payable | $9.1M | $12.3M | |
| Deferred revenue, current | $7.1M | $5.8M | |
| Operating lease liabilities | $2.9M | $5.1M | |
| Current portion of long-term debt | $18.8M | ||
| Current portion of finance lease liabilities | $4.3M | $4.4M | |
| Other current liabilities | $4.7M | $3.9M | |
| Total current liabilities | $70.8M | $104.0M | |
| Long-term debt | $345.2M | $292.2M | |
| Finance lease liabilities, net of current portion | $13.8M | $18.6M | |
| Deferred revenue, net of current portion | $19.1M | $12.8M | |
| Operating lease liabilities | $6.1M | $11.7M | |
| Other long-term liabilities | $1.1M | $2.4M | |
| Total liabilities | $456.1M | $441.7M | |
| Additional paid in capital | $394.9M | $389.9M | |
| Accumulated other comprehensive income | $47.8M | $48.3M | $44.3M |
| Accumulated deficit | -$458.9M | -$441.5M | |
| Total stockholders deficit | -$16.2M | -$3.3M | -$75.9M |
| Total liabilities and stockholders deficit | $439.9M | $438.4M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 49.0M shares | 49.0M shares | |
| Common stock, shares issued | 26.9M shares | 26.6M shares | |
| Common stock, shares outstanding | 26.9M shares | 26.6M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $42.0M | $29.3M | |
| Restricted cash | $1.3M | ||
| Accounts receivable, net | $43.9M | $65.4M | |
| Inventory | $18.5M | $28.0M | |
| Prepaid expenses and other current assets | $46.8M | $36.0M | |
| Corporate tax and other current taxes receivable | $5.5M | $1.2M | |
| Total current assets | $158.0M | $159.9M | |
| Property and equipment, net | $60.5M | $56.4M | |
| Software development costs, net | $22.7M | $22.4M | |
| Other acquired intangible assets subject to amortization, net | $14.0M | $16.1M | |
| Goodwill | $62.1M | $57.8M | $58.8M |
| Finance lease right of use asset | $21.7M | $18.7M | |
| Operating lease right of use asset | $7.8M | $16.2M | |
| Costs of obtaining and fulfilling customer contracts, net | $12.1M | $11.0M | |
| Deferred tax | $65.3M | $67.4M | |
| Other assets | $15.7M | $12.5M | |
| Total assets | $439.9M | $438.4M | |
| Accounts payable and accrued expenses | $42.7M | $53.7M | |
| Corporate tax and other current taxes payable | $9.1M | $12.3M | |
| Deferred revenue, current | $7.1M | $5.8M | |
| Operating lease liabilities | $2.9M | $5.1M | |
| Current portion of long-term debt | $18.8M | ||
| Current portion of finance lease liabilities | $4.3M | $4.4M | |
| Other current liabilities | $4.7M | $3.9M | |
| Total current liabilities | $70.8M | $104.0M | |
| Long-term debt | $345.2M | $292.2M | |
| Finance lease liabilities, net of current portion | $13.8M | $18.6M | |
| Deferred revenue, net of current portion | $19.1M | $12.8M | |
| Operating lease liabilities | $6.1M | $11.7M | |
| Other long-term liabilities | $1.1M | $2.4M | |
| Total liabilities | $456.1M | $441.7M | |
| Additional paid in capital | $394.9M | $389.9M | |
| Accumulated other comprehensive income | $47.8M | $48.3M | $44.3M |
| Accumulated deficit | -$458.9M | -$441.5M | |
| Total stockholders deficit | -$16.2M | -$3.3M | -$75.9M |
| Total liabilities and stockholders deficit | $439.9M | $438.4M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 49.0M shares | 49.0M shares | |
| Common stock, shares issued | 26.9M shares | 26.6M shares | |
| Common stock, shares outstanding | 26.9M shares | 26.6M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net (loss) income | -$17.0M | $64.8M |
| Depreciation and amortization | $46.5M | $43.3M |
| Amortization of finance lease right of use asset | $5.9M | |
| Amortization of operating lease right of use asset | $4.7M | $4.4M |
| Loss on sale of business | $6.6M | |
| Stock-based compensation expense | $6.7M | $7.6M |
| Amortization of deferred financing fees relating to senior debt | $3.0M | $1.1M |
| Deferred tax | $2.9M | -$69.4M |
| Accounts receivable | $24.2M | -$22.8M |
| Inventory | $7.3M | $3.8M |
| Prepaid expenses and other assets | -$18.0M | $5.8M |
| Corporate tax and other current taxes payable | -$8.9M | $1.1M |
| Accounts payable and accrued expenses | -$10.7M | -$10.6M |
| Deferred revenue and customer prepayment | $6.7M | $7.2M |
| Operating lease liabilities | -$4.1M | -$4.0M |
| Pension contributions | -$1.2M | -$1.5M |
| Other long-term liabilities | -$2.6M | $900.0K |
| Net cash provided by operating activities | $52.0M | $31.7M |
| Purchases of property and equipment | -$35.7M | -$17.0M |
| Purchases of capital software and internally developed costs | -$9.9M | -$11.8M |
| Net cash on sale of business | $18.1M | |
| Contract cost expenditures | -$13.0M | -$11.3M |
| Net cash used in investing activities | -$40.5M | -$40.1M |
| Proceeds from long-term debt | $365.7M | |
| Repayments of long-term debt and short-term debt | -$338.6M | |
| Debt fees incurred | -$18.8M | |
| Repurchase of common stock | -$400.0K | |
| Repayments of finance leases | -$7.9M | -$1.6M |
| Net cash provided by (used in) financing activities | -$1.6M | |
| Effect of exchange rate changes on cash | $2.5M | -$700.0K |
| Net increase (decrease) in cash | $14.0M | -$10.7M |
| Cash paid during the period for interest | $36.6M | $26.6M |
| Cash paid during the period for operating leases | $7.5M | $9.2M |
| Right of use property and equipment acquired through finance lease | $11.1M | $21.9M |
| Lease liabilities arising from obtaining finance lease right of use assets | -$1.3M | -$18.7M |
| Lease liabilities arising from obtaining operating lease right of use assets | -$1.1M | -$6.5M |
| Additional paid in capital from net settlement of RSUs | -$1.3M | -$3.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Inspired Entertainment, Inc. sits at the top of its group. 29 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Inspired Entertainment, Inc.
- Janus Henderson Group Ltd. Filed SCHEDULE 13G on Inspired Entertainment, Inc., latest Aug 13, 2026 (4 filings since May 14, 2025)
- BlackRock Filed SCHEDULE 13G/A on Inspired Entertainment, Inc., latest Jul 28, 2026 (3 filings since Feb 3, 2023)
- A. Lorne Weil Filed SCHEDULE 13D/A on Inspired Entertainment, Inc., latest Mar 31, 2026 (3 filings since Nov 29, 2021)
- 683 Capital Management, LLC Filed SCHEDULE 13G/A on Inspired Entertainment, Inc., latest Nov 14, 2025 (5 filings since Feb 14, 2022)
- Philotimo Fund, LP Filed SCHEDULE 13G/A on Inspired Entertainment, Inc., latest Nov 12, 2025 (4 filings since Mar 14, 2023)
- CANNELL CAPITAL LLC Filed SCHEDULE 13G/A on Inspired Entertainment, Inc., latest May 15, 2025 (7 filings since Oct 8, 2021)
- Samjo Management, LLC Filed SCHEDULE 13G/A on Inspired Entertainment, Inc., latest May 14, 2025 (3 filings since Feb 9, 2024)
- PRIVATE MANAGEMENT GROUP INC Filed SC 13G/A on Inspired Entertainment, Inc., latest Dec 5, 2024 (2 filings since Nov 5, 2024)
- DG Capital Management, LLC Filed SC 13G/A on Inspired Entertainment, Inc., latest Nov 12, 2024 (4 filings since Feb 11, 2022)
- Carly M. Weil Filed SC 13D/A on Inspired Entertainment, Inc., latest May 23, 2024
- David Kanen Filed SC 13G on Inspired Entertainment, Inc., latest Sep 29, 2022
- Ophir Asset Management Pty Ltd Filed SC 13G on Inspired Entertainment, Inc., latest Feb 14, 2022
- Inspired Entertainment, Inc. New York, New York, United States
- 115CR (150) Limited Subsidiary · United Kingdom
- DMWSL 631 Limited Subsidiary · United Kingdom
- DMWSL 632 Limited Subsidiary · United Kingdom
- DMWSL 633 Limited Subsidiary · United Kingdom
- Gamestec Leisure Limited Subsidiary · United Kingdom
- GAMING ACQUISITIONS LIMITED Subsidiary · Burton Upon Trent, United Kingdom
- Inspired Entertainment (Financing) PLC Subsidiary · United Kingdom
- Inspired Entertainment (Malta) Holdings Limited Subsidiary · Malta
- Inspired Entertainment (Malta) Limited Subsidiary · Malta
- Inspired Entertainment Holdings LLC Subsidiary · United States
- Inspired Entertainment Lotteries LLC Subsidiary · United States
- Inspired Gaming (Colombia) Limited Subsidiary · United Kingdom
- Inspired Gaming (Gibraltar) Limited Subsidiary · Gibraltar
- Inspired Gaming (Greece) Limited Subsidiary · United Kingdom
- Inspired Gaming (Holdings) Limited Subsidiary · United Kingdom
- Inspired Gaming (International) Limited Subsidiary · United Kingdom
- Inspired Gaming (Italy) Limited Subsidiary · United Kingdom
- INSPIRED GAMING (UK) LIMITED Subsidiary · Burton On Trent, United Kingdom
- Inspired Gaming (USA) Inc. Subsidiary · United States
- Inspired Gaming Group Limited Subsidiary · United Kingdom
- Inspired Gaming Limited Subsidiary · United Kingdom
- Inspired Gaming Pension Trustees Limited Subsidiary · United Kingdom
- Inspired Software Development (India) LLP Subsidiary · India
- IPD Games LTDa Subsidiary · Brazil
- Leisure Link Electronic Entertainment Limited Subsidiary · United Kingdom
- and 3 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Inspired Entertainment, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Computer equipment and software | $220.6M6 Dec 31, 2025 | $154.8M6 Dec 31, 2024 | +42.5% |
| Property and equipment, before depreciation | $198.1M6 Dec 31, 2025 | $209.2M6 Dec 31, 2024 | −5.3% |
| Accumulated depreciation | $137.6M6 Dec 31, 2025 | $152.8M6 Dec 31, 2024 | −9.9% |
| Property and equipment, net | $60.5M6 Dec 31, 2025 | $56.4M6 Dec 31, 2024 | +7.3% |
| Finance-lease assets | $21.7M6 Dec 31, 2025 | $18.7M6 Dec 31, 2024 | +16.0% |
| Operating-lease assets (leased space) | $7.8M6 Dec 31, 2025 | $16.2M6 Dec 31, 2024 | −51.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $62.1M6 Dec 31, 2025 | $57.8M6 Dec 31, 2024 | +7.4% |
| Intangible assets, net (excluding goodwill) | $14.0M6 Dec 31, 2025 | $16.1M6 Dec 31, 2024 | −13.0% |
| Finite-lived intangibles, gross | $60.5M6 Dec 31, 2025 | $56.1M6 Dec 31, 2024 | +7.8% |
| Accumulated amortization | $46.5M6 Dec 31, 2025 | $40.0M6 Dec 31, 2024 | +16.2% |
| Finite-lived intangibles, net | $14.0M6 Dec 31, 2025 | $16.1M10 Dec 31, 2024 | −13.0% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $18.5M6 Dec 31, 2025 | $28.0M6 Dec 31, 2024 | −33.9% |
| Work in process | $100.0K6 Dec 31, 2025 | $500.0K6 Dec 31, 2024 | −80.0% |
| Finished goods | $8.4M6 Dec 31, 2025 | $15.2M6 Dec 31, 2024 | −44.7% |
Properties, in its own words
As of December 31, 2025, the Company occupied approximately 158,000 square feet of leased space in the UK, 3,200 square feet of office space in New York and 22,000 square feet of office space in Kochi, India. The primary locations in the UK were as follows:
● · Approximately 200 square feet of flexible office space in London, UK.
The rest of Item 2
● · Approximately 40,000 square feet of office space on one floor in Burton-on-Trent, East Midlands, UK.
● · Approximately 1,700 square feet of flexible office space in Manchester, UK.
● · Approximately 47,000 square feet of warehousing, across four UK regional distribution centers.
● · Approximately 9,000 square feet of administrative offices and workshop facilities in Bridgend, South Wales, UK.
● · Approximately 60,000 square feet of administrative offices, repair center and warehousing at Ashby de La Zouch, UK.
Item 2 of the 10-K filed Mar 10, 2026.5
Leadership
Who has led Inspired Entertainment, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
201520202025
- Chief executive officerBrooks H. Pierce Feb 16, 2023 to now15
- Chief executive officerLuke Lyon Alvarez Jan 4, 2017 to Feb 28, 201816
- Chief executive officerA. Lorne Weil Oct 24, 2014 to Dec 10, 201417
- ChairA. Lorne Weil Oct 24, 2014 to now17
- PresidentLuke Lyon Alvarez Feb 28, 2018 to Feb 28, 201818
- PresidentBrooks H. Pierce May 3, 2018 to now19
- Chief financial officerCraig Kyle Wilson May 18, 2026 to now20
- Chief financial officerMarilyn Jentzen Jan 2, 2024 to Mar 12, 202421
- Chief financial officerStewart Frank Bradley Baker Feb 8, 2017 to Mar 20, 202322
- Chief financial officerGeorge Peng Aug 19, 2015 to Aug 19, 201523
- Chief financial officerJeff S. Lipkin Oct 24, 2014 to Dec 10, 201424
- Chief operating officerBrooks H. Pierce May 3, 2018 to Jan 4, 202319
- Chief operating officerDavid Gray Wilson Jan 3, 2017 to Jan 3, 201725
- Chief operating officerJeff S. Lipkin Oct 24, 2014 to Dec 10, 201424
Board members and other officers (23)
- OfficerAndrew C. Stone Mar 11, 2022 to Apr 1, 202226
- OfficerStewart Frank Bradley Baker Apr 1, 2022 to Apr 1, 202227
- OfficerSteven Robert Rogers Jan 3, 2017 to Mar 30, 202028
- OfficerLee William Gregory Feb 8, 2017 to Mar 30, 202029
- Chief Strategy OfficerDaniel B. Silvers Dec 29, 2016 to Jan 4, 202330
- Exec VP, Sec & Gen CounselMartin E. Schloss Oct 24, 2014 to Dec 28, 201631
- Board memberKatja Tautscher Mar 2, 2021 to now32
- Board memberMichael R. Chambrello Jan 30, 2019 to now33
- Board memberDesiree G. Rogers Aug 16, 2018 to now34
- Board memberSteven M. Saferin Aug 16, 2018 to now35
- Board memberIra H. Raphaelson Jan 3, 2017 to now36
- Board memberJohn M. Vandemore Jan 3, 2017 to now37
- Board memberNicholas Roger John Hagen Jan 3, 2017 to Jan 4, 201838
- Board memberRoger Dean Withers Jan 3, 2017 to Jan 4, 201839
- Board memberLuke Lyon Alvarez Jan 4, 2017 to Feb 28, 201816
- Board memberPhilip-Moritz Russmeyer Jan 9, 2017 to Jan 9, 201740
- Board memberMarcus Alexander Hoye Jun 2, 2017 to Jan 6, 202041
- Board memberBrent M. Stevens Oct 24, 2014 to Oct 24, 201442
- Board memberKenneth Shea Oct 24, 2014 to Oct 24, 201443
- Board memberStephen J. Dannhauser Oct 27, 2014 to Oct 27, 201444
- General counselSimona Camilleri Jul 2, 2024 to now45
- General counselCarys Damon Sep 11, 2019 to now46
- General counselSteven John Holmes Feb 8, 2017 to Feb 8, 201747
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 115CR (150) Limited England4
- DMWSL 631 Limited England4
- DMWSL 632 Limited England4
- DMWSL 633 Limited England4
- Gamestec Leisure Limited England4
- Gaming Acquisitions Limited England4
- IPD Games LTDa Brazil4
- Inspired Entertainment (Financing) PLC England4
- Inspired Entertainment (Malta) Holdings Limited Malta4
- Inspired Entertainment (Malta) Limited Malta4
- Inspired Entertainment Holdings LLC U.S., State of Delaware4
- Inspired Entertainment Lotteries LLC U.S., State of Delaware4
- Inspired Gaming (Colombia) Limited England4
- Inspired Gaming (Gibraltar) Limited Gibraltar4
- Inspired Gaming (Greece) Limited England4
- Inspired Gaming (Holdings) Limited England4
- Inspired Gaming (International) Limited England4
- Inspired Gaming (Italy) Limited England4
- Inspired Gaming (UK) Limited England4
- Inspired Gaming (USA) Inc. U.S., State of Delaware4
- Inspired Gaming Group Limited England4
- Inspired Gaming Limited England4
- Inspired Gaming Pension Trustees Limited England4
- Inspired Software Development (India) LLP India4
All 28 listed subsidiaries
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Hydra Industries Acquisition Corp.Aug 19, 2014 to Dec 21, 20163
Timeline
- Sep 23, 20268-K Shareholder vote48
- Aug 18, 20268-K Other events49
- Aug 5, 20268-K Results of operations50
- Jun 2, 20268-K Shareholder vote51
- May 18, 20268-K Executive or director change; Regulation FD disclosure52
- May 7, 20268-K Results of operations53
- Mar 10, 20268-K Results of operations54
- Nov 7, 20258-K Regulation FD disclosure55
- Nov 5, 20258-K Results of operations; Other events56
- Aug 27, 20258-K Regulation FD disclosure57
- Aug 6, 20258-K Results of operations58
- Jun 9, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation59
- Feb 16, 2023New chief executive Brooks H. Pierce becomes CEO15
- Jan 4, 2017New chief executive Luke Lyon Alvarez becomes CEO16
- Oct 24, 2014New chief executive A. Lorne Weil becomes CEO17
- May 30, 2014Founded Inspired Entertainment, Inc. is founded2
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.28 a share, on Nov 5, 2025.60
When it reported results
- Aug 5, 2026Reported quarterly or annual results50
- May 7, 2026Reported quarterly or annual results53
- Mar 10, 2026Reported quarterly or annual results54
- Nov 5, 2025Reported quarterly or annual results56
- Aug 6, 2025Reported quarterly or annual results58
- May 8, 2025Reported quarterly or annual results61
- Mar 17, 2025Reported quarterly or annual results62
- Nov 8, 2024Reported quarterly or annual results63
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
244 filings to the SEC since October 2021: 7 annual reports, 17 quarterly reports, 54 major events, 116 insider forms, 39 large holders, 11 other. The latest 20:
- Sep 23, 20268-K/A EDGAR
- Sep 11, 20263 EDGAR
- Aug 18, 20268-K EDGAR
- Aug 13, 2026SCHEDULE 13G EDGAR
- Aug 12, 20263 EDGAR
- Aug 7, 20264 EDGAR
- Aug 7, 20264 EDGAR
- Aug 5, 20268-K EDGAR
- Aug 5, 202610-Q EDGAR
- Jul 28, 2026SCHEDULE 13G/A EDGAR
- Jun 2, 20268-K EDGAR
- May 22, 202610-K/A EDGAR
- May 18, 20264 EDGAR
- May 18, 20263 EDGAR
- May 18, 20268-K EDGAR
- May 7, 202610-Q EDGAR
- May 7, 20268-K EDGAR
- Apr 21, 2026DEF 14A EDGAR
- Mar 31, 2026SCHEDULE 13D/A EDGAR
- Mar 27, 20264 EDGAR
The 244 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
11 open-market trades by officers, directors and large owners since October 2021: 11 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 27, 2026 | PIERCE BROOKS HPresident and CEO | Buy | 5,000 | $6.76 | $33.8K | Form 4 |
| Mar 27, 2026 | WEIL A LORNEExecutive Chairman | Buy | 20,000 | $6.80 | $136.0K | Form 4 |
| Mar 26, 2026 | Chambrello Michael R.Director | Buy | 10,000 | $6.92 | $69.2K | Form 4 |
| Mar 26, 2026 | PIERCE BROOKS HPresident and CEO | Buy | 13,332 | $6.88 | $91.7K | Form 4 |
| Mar 26, 2026 | WEIL A LORNEExecutive Chairman | Buy | 21,659 | $6.85 | $148.4K | Form 4 |
| Mar 25, 2026 | PIERCE BROOKS HPresident and CEO | Buy | 1,668 | $6.66 | $11.1K | Form 4 |
| Mar 25, 2026 | WEIL A LORNEExecutive Chairman | Buy | 8,341 | $6.66 | $55.6K | Form 4 |
| Nov 26, 2025 | WEIL A LORNEExecutive Chairman | Buy | 50,000 | $8.11 | $405.5K | Form 4 |
| Nov 21, 2025 | PIERCE BROOKS HPresident and CEO | Buy | 10,000 | $7.39 | $73.9K | Form 4 |
| Nov 20, 2025 | PIERCE BROOKS HPresident and CEO | Buy | 10,000 | $7.04 | $70.4K | Form 4 |
| May 24, 2022 | Chambrello Michael R.Director | Buy | 20,070 | $9.92 | $199.1K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Janus Henderson Group Ltd.SCHEDULE 13G, 4 filings May 14, 2025 to Aug 13, 202664
- BlackRockSCHEDULE 13G/A, 3 filings Feb 3, 2023 to Jul 28, 202665
- A. Lorne WeilSCHEDULE 13D/A, 3 filings Nov 29, 2021 to Mar 31, 202666
- 683 Capital Management, LLCSCHEDULE 13G/A, 5 filings Feb 14, 2022 to Nov 14, 202567
- Philotimo Fund, LPSCHEDULE 13G/A, 4 filings Mar 14, 2023 to Nov 12, 202568
- CANNELL CAPITAL LLCSCHEDULE 13G/A, 7 filings Oct 8, 2021 to May 15, 202569
- Samjo Management, LLCSCHEDULE 13G/A, 3 filings Feb 9, 2024 to May 14, 202570
- PRIVATE MANAGEMENT GROUP INCSC 13G/A, 2 filings Nov 5, 2024 to Dec 5, 202471
- DG Capital Management, LLCSC 13G/A, 4 filings Feb 11, 2022 to Nov 12, 202472
- Carly M. WeilSC 13D/A, 1 filing May 23, 202473
- David KanenSC 13G, 1 filing Sep 29, 202274
- Ophir Asset Management Pty LtdSC 13G, 1 filing Feb 14, 202275
- HG Vora Capital Management, LLCSC 13G/A, 1 filing Nov 5, 202176
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | A. Lorne Weil | 80 | $950.0K | $3.8M77 |
| 2025 | Brooks H. Pierce | 64 | $650.0K | $2.8M77 |
| 2025 | James Richardson | 50 | $395.5K | $1.1M77 |
| 2024 | Executive Chairman | $800.0K | $2.7M77 | |
| 2024 | President and CEO | $585.0K | $1.3M77 | |
| 2023 | Executive Chairman | $787.5K | $4.5M77 | |
| 2023 | President and CEO | $570.0K | $1.9M77 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 99. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Macquarie Group Ltd | 3,023,750 | $24.9M | 0.1% | No change |
| Kanen Wealth Management LLC | 2,552,288 | $20.7M | 5.1% | −128,680 |
| BlackRock, Inc. | 2,324,219 | $19.2M | 0.0% | +257,455 |
| Samjo Management, LLC | 2,223,900 | $18.3M | 6.3% | +193,950 |
| Jupiter Topco LLC | 1,338,988 | $11.0M | 0.0% | New |
| Private Management Group Inc | 1,282,590 | $10.6M | 0.3% | +9,711 |
| Brown Advisory Inc | 925,633 | $7.6M | 0.0% | −40,000 |
| Potomac Capital Management, Inc. | 616,800 | $5.1M | 3.7% | +200 |
| Geode Capital Management, LLC | 615,457 | $5.1M | 0.0% | +44,205 |
| CDC Financial, Inc. | 506,004 | $4.2M | 3.2% | +53,559 |
| State Street Corp | 466,707 | $3.9M | 0.0% | −6,128 |
| 683 Capital Management, LLC | 423,580 | $3.5M | 0.3% | −624,916 |
| Prescott Group Capital Management, L.L.C. | 358,192 | $3.0M | 0.3% | No change |
| Russell Investments Group, Ltd. | 327,906 | $2.7M | 0.0% | +10,976 |
| Kennedy Capital Management LLC | 327,390 | $2.7M | 0.0% | −6,309 |
| Gamco Investors, Inc. Et Al | 283,300 | $2.3M | 0.0% | No change |
| Vanguard Capital Management LLC | 280,549 | $2.3M | 0.0% | +9,363 |
| Gabelli Funds LLC | 215,000 | $1.8M | 0.0% | +10,000 |
| Teton Advisors, LLC | 202,900 | $1.7M | 1.0% | No change |
| Northern Trust Corp | 198,620 | $1.6M | 0.0% | −2,780 |
| Vanguard Portfolio Management LLC | 174,070 | $1.4M | 0.0% | +26,251 |
| Dimensional Fund Advisors LP | 171,865 | $1.4M | 0.0% | −35,536 |
| Ancora Advisors LLC | 161,200 | $1.3M | 0.0% | No change |
| Vanguard Fiduciary Trust Co | 158,790 | $1.3M | 0.0% | +8,472 |
| Jane Street Group, LLC | 129,342 | $1.1M | 0.0% | +61,808 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Inspired Entertainment, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARInspired Entertainment, Inc.1
- CIK0001615063
- Employer ID (EIN)47-10255345
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address250 West 57Th Street, Suite 415, New York,, NY 101071
- Phone(646) 565-38611
- Shares outstanding26,358,372 as of Jul 31, 202612
- Public float$181.0M as of Jun 30, 20255
- AuditorCBIZ CPAs P.C., New York, New York PCAOB ID 199; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceAug 19, 20141
- Filings692 in all: 4 (234), 8-K (156), 3 (40), 10-Q (36), SC 13G/A (33), SC 13G (16), CORRESP (14), SC 13D/A (14)1
All 44 form types
424B3 (13), DEF 14A (12), 10-K (11), SCHEDULE 13G/A (10), UPLOAD (9), DEFA14A (8), EFFECT (7), 10-K/A (6), 8-K/A (6), S-1/A (6), S-8 (6), S-3/A (5), 424B4 (4), PRER14A (4), SCHEDULE 13G (4), 10-Q/A (3), NT 10-K (3), NT 10-Q (3), POS AM (3), S-3 (3), SC 13D (3), 25-NSE (2), 4/A (2), 8-A12B (2), CT ORDER (2), PRE 14A (2), 10-QT (1), 3/A (1), 424B7 (1), 8-A12B/A (1), CERTNAS (1), DEFM14A (1), DEL AM (1), PREM14A (1), S-1 (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Mar 10, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 21, 2026
Latest 8-K (8-K) Aug 18, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.0001 per share | INSE | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 10, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Inspired Entertainment, Inc. names in Item 1A of its 10-K filed Mar 10, 2026: 47 risks under these headings, as written.5
- Risks Relating to Our Business and Industry
- We have identified material weaknesses in our disclosure controls and procedures and internal control over financial reporting which we are working to remediate. Failure to remediate these material weaknesses or any other material weaknesses that we identify in the future could result in material misstatements in our financial statements.
- Particularly in our Virtuals business, we rely on a relatively small number of customers for a significant portion of our sales, and the loss of, or material reduction in, sales to any of our top customers could have an adverse effect on our business, results of operations, financial condition and prospects.
- We are dependent on our relationships with key suppliers to obtain equipment and other supplies for our business on acceptable terms.
- Disruption of our supply chain or distribution capabilities have an adverse effect on our business, financial condition, and results of operations.
- Our results of operations could be adversely affected by labor shortages, turnover, and labor cost increases.
- We operate in a highly competitive industry and our success depends upon our ability to effectively compete with numerous worldwide businesses.
- We are heavily dependent on our ability to renew our long-term contracts with our customers and we could lose substantial revenue if we are unable to renew certain of these contracts, or to renew them on substantially similar terms.
- We could lose substantial revenue due to introduction or increase of gaming taxes, levies, withholding taxes and other local taxes.
- Our ability to bid on new contracts may be dependent upon our ability to fund any required up-front capital expenditures through our cash from operations, the incurrence of indebtedness or the raising of additional equity capital.
- Our business depends on our ability to prevent or mitigate the effects of a cybersecurity attack.
- Our business depends upon the protection of our intellectual property and proprietary information.
The other 36 risks
- Data privacy, cybersecurity and artificial intelligence regulations could increase our costs and expose us to liability.
- Our results of operations fluctuate due to seasonality and other factors and, therefore, our periodic operating results are not guarantees of future performance.
- Our industry is subject to strict government regulations that could limit our existing operations and have a negative impact on our ability to grow.
- Our industry is subject to regulations that set parameters for levels of gaming or wagering duty, tax, stakes, prize, technology certifications and return to player percentages.
- Our business competes on the basis of the stability, security and integrity of our software, networks, systems, games and products.
- We may be adversely affected by disruptions to our transaction gaming and lottery systems, as well as disruptions to our internal enterprise and information technology systems.
- Because tax laws and regulations are subject to interpretation and uncertainty, tax payments may ultimately differ from amounts currently recorded by the Company.
- Environmental, social and governance, responsible gambling and market perception risks could adversely affect our business.
- Our directors and key personnel are subject to the approval of certain regulatory authorities, which, if withheld, would require us to sever our relationship with non-approved individuals, which could adversely impact our operations.
- Licensing and gaming authorities have significant control over our operations and ownership, and could cause us to redeem certain stockholders on potentially disadvantageous terms.
- Changes in laws or regulations, or a failure to comply with, or liabilities under, any laws and regulations, may adversely affect our business, investments and results of operations.
- Certain of our executive officers and directors may become affiliated with entities engaged in business activities similar to those conducted by us (or may enter into similar business activities in the future) and, accordingly, may have conflicts of interest in determining whether a particular business opportunity should be presented to us or to another entity.
- We are a holding company and conduct all of our operations through our subsidiaries.
- Our inability to identify, complete or successfully integrate future acquisitions could limit our growth and adversely affect our results.
- Our business may be affected by changes in general and local economic and political conditions.
- Our revenue can vary substantially from period to period and you should not rely upon our periodic operating results as indications of future performance.
- We have operations in a variety of countries, which subjects us to additional risks.
- Our business could be negatively affected by ownership changes and consolidation in the gaming industry.
- We may not be able to capitalize on the expansion of interactive gaming or other trends and changes in the gaming and lottery industries, including due to laws and regulations governing these industries, and other factors.
- Our business is capital intensive and our ability to retain customers may be influenced by our ability to deploy additional capital.
- Our success depends on our ability to attract, retain and develop key personnel.
- Restrictions in our existing borrowings, including covenants set forth in our existing debt facilities, or any other indebtedness we may incur in the future, could adversely affect our business, financial condition, or results of operations, and our ability to make distributions to stockholders and the value of our common stock.
- We may have future capital needs and may not be able to obtain additional financing on acceptable terms.
- We may be unable to identify and develop sufficient new products and product lines and integrate them into our existing business, which may adversely affect our ability to compete; our expansion into new sectors may present competitive and regulatory challenges that differ from current ones.
- Changes in customer and player preferences could adversely affect our results of operations.
- Our financial success is dependent on our customers’ ability to attract and maintain players.
- Risks Relating to Our Status as a Public Company and Ownership of Our Common Stock
- We may be required to recognize impairment charges related to goodwill, identified intangible assets and property and equipment or to take write-downs or write-offs, restructuring or other charges that could have a significant negative effect on our financial condition, results of operations and stock price, which could have an adverse effect on our common stock and your investment.
- The liquidity of the trading markets for our securities and other factors may adversely affect the price of our securities.
- We do not currently intend to pay dividends on our common stock.
- Our business and stock price may suffer if securities or industry analysts do not publish or cease publishing research or reports about the Company, our business, or our sector, or if they change their recommendations regarding our common stock adversely, the price and trading volume of our common stock could decline.
- We may issue a significant number of shares of our common stock or other securities from time to time which could result in substantial dilution and adversely affect the market price of our common stock.
- Anti-takeover provisions contained in our second amended and restated certificate of incorporation and bylaws, as well as provisions of Delaware law, could impair a takeover attempt.
- Risks Relating to Economic and Political Conditions
- Volatility or disruption in the financial markets could materially adversely affect our business and the trading price of our common stock.
- Currency exchange rate fluctuations could result in lower revenue, higher costs and decreased margins and earnings.
- Global economic conditions could have an adverse effect on our business, operating results and financial condition.
- International hostilities, terrorist or cyber-terrorist activities, natural disasters, pandemics, and infrastructure disruptions could prevent us from effectively serving our customers and thus adversely affect our results of operations.
Legal proceedings
From time to time, the Company is involved in legal matters arising in the ordinary course of business. While the Company believes that no such matters exist currently which are material, there can be no assurance that matters arising in the ordinary course of business for which the Company is, or could be, involved in litigation, will not have a material adverse effect on its business, financial condition or results of operations.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARLuke Lyon Alvarez, President
- 19SEC EDGARBrooks H. Pierce, President
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- 23SEC EDGARGeorge Peng, Chief financial officer
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- 26SEC EDGARAndrew C. Stone, Officer
- 27SEC EDGARStewart Frank Bradley Baker, Officer
- 28SEC EDGARSteven Robert Rogers, Officer
- 29SEC EDGARLee William Gregory, Officer
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- 32SEC EDGARKatja Tautscher, Board member
- 33SEC EDGARMichael R. Chambrello, Board member
- 34SEC EDGARDesiree G. Rogers, Board member
- 35SEC EDGARSteven M. Saferin, Board member
- 36SEC EDGARIra H. Raphaelson, Board member
- 37SEC EDGARJohn M. Vandemore, Board member
- 38
- 39SEC EDGARRoger Dean Withers, Board member
- 40
- 41SEC EDGARMarcus Alexander Hoye, Board member
- 42SEC EDGARBrent M. Stevens, Board member
- 43SEC EDGARKenneth Shea, Board member
- 44SEC EDGARStephen J. Dannhauser, Board member
- 45SEC EDGARSimona Camilleri, General counsel
- 46SEC EDGARCarys Damon, General counsel
- 47SEC EDGARSteven John Holmes, General counsel
- 48SEC EDGARShareholder vote
- 49SEC EDGAROther events
- 50SEC EDGARResults of operations
- 51SEC EDGARShareholder vote
- 52
- 53SEC EDGARResults of operations
- 54SEC EDGARResults of operations
- 55SEC EDGARRegulation FD disclosure
- 56SEC EDGARResults of operations; Other events
- 57SEC EDGARRegulation FD disclosure
- 58SEC EDGARResults of operations
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- 60NasdaqNasdaq calendar
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