DigiPlus Reports 124% Net Income Growth in 2Q26 Despite 9% GGR Decline
TL;DR — DigiPlus posted a 9% QoQ GGR decline to US$255M in 2Q26 but lifted net income 124% to US$114M and EBITDA margin to 18.2%. New NGR metric rose 0.9% to US$90.2M. MABD grew 26% to 4.68M on product and acquisition gains.
SCCG Take — NGR adoption and user quality focus reveal maturing cost discipline in Philippine iGaming. The Gaming-as-a-Service pivot bears watching for capital efficiency and earnings consistency.
DigiPlus Interactive Corp recorded a 9% quarter-on-quarter decline in gross gaming revenue to Php15.6 billion (US$255 million) for the period ended 30 June 2026. Net income rose 124% to Php6.98 billion (US$114 million). EBITDA increased 7% to Php2.85 billion (US$46.5 million), with the margin expanding from 15.3% to 18.2%.
The Philippine operator introduced net gaming revenue as a primary metric. This rose 0.9% to Php5.52 billion (US$90.2 million). NGR deducts PAGCOR regulatory share and fees, game provider fees, marketing costs, payment channel fees and other direct expenses to reflect underlying performance more accurately, in line with global peers.
User Metrics Signal Operational Gains
Aggregate monthly active users totalled 5.75 million. Monthly average bettors and depositors rose 26% quarter-on-quarter to 4.68 million. According to reporting by Inside Asian Gaming, the company attributes the increase to product development, user acquisition strategies and the quality of its iGaming platforms including BingoPlus, ArenaPlus and GameZone.
Ping Chen, DigiPlus president, said: “As our business evolves, we believe the MAU base and the MABD growth reflects the market share of our platforms, our strength in product development and the overall quality of our Gaming-as-a-Service strategy.”
Chen added that net gaming revenue after tax measures efficiency and return on capital spend. The operator expects this foundation to drive higher GGR, NGR and profitability in subsequent quarters.
Strategic Evolution
DigiPlus is transitioning from a traditional online gaming operator into a Gaming-as-a-Service ecosystem built on proprietary content, data-driven personalization and product innovation. The model targets deeper customer lifetime value and sustained earnings quality.
Reporting: Inside Asian Gaming
Margin expansion and user quality prove you can win on efficiency even when headline GGR softens.
We track operators pivoting from growth-at-any-cost to margin discipline. DigiPlus adopting NGR as the primary metric and scaling MABD 26% while revenue dips shows the Philippine market is maturing fast. Gaming-as-a-Service and capital efficiency are the new playbook, and we are seeing similar evolution across Asia.
- Net income up 124% to US$114M; EBITDA margin expanded to 18.2% despite 9% GGR decline
- New NGR metric rose 0.9% to US$90.2M, stripping out PAGCOR fees and direct costs
- MABD grew 26% to 4.68M on product and acquisition gains; Gaming-as-a-Service pivot underway
SCCG angle: SCCG helps clients entering or scaling in the Philippines connect with content providers, payment partners and compliance advisors who understand PAGCOR's cost structure and the shift to NGR reporting. We have worked across regulated Asian markets for three decades and know which platform and data partners drive user quality, not just volume.