Inspired Entertainment, Inc. (INSE) Stock

Inspired Entertainment, Inc. (INSE) is a Technology stock trading at $6.09 (as of 2026-08-21), with a market capitalization of $160.52M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Inspired Entertainment, Inc. supplies business-to-business gaming technology, including content and platform-related products, to regulated lottery, betting, and gaming operators. It operates through segments including Gaming, Virtual Sports, Interactive, and Leisure, offering gaming terminals and software, digital games, virtual sports titles, and casino content.

Understand Inspired Entertainment, Inc.: how it makes money

Inspired Entertainment provides business-to-business gaming technology, including gaming terminals, software, and digital gaming content, to regulated lottery, betting, and gaming operators worldwide, earning revenue primarily from services (and to a lesser extent product sales).

The profit model is structurally tied to monetizing an operator installed base through recurring services and subscriptions, since the operational KPIs emphasize subscription penetration and terminals under service agreements, while product sales are very small.

Business quality (Solid): Clear focus on serving regulated gaming operators with technology and content, but the visible revenue mix appears service-weighted, and smaller revenue contributors and limited product sales can make results more sensitive to operator platform and service demand.

Bull case

  • Subscription and installed base signals are strong: Illinois Customer Game Pack Subscription Penetration is 98%, and Vantage Terminal Installations Under Service Agreement are 5,000.
  • Interactive scale is measurable: Interactive Customers are 172, with Virtual Sports Customers at 57.

Bear case

  • Revenue appears concentrated in services, with limited contribution from product sales: In the provided revenue candidates, Revenue - Product Sales is 0.0B, while Revenue - Services is 0.05B.
  • Operational adoption may depend on converting trials and evaluations: Rigid Performance-Based Evaluation Terminals are 150, which implies commercialization may require further conversions into installed, revenue-generating customers.
  • Market position indicators can look modest: Slots Market Share in the United Kingdom is 8.0% (Blended Market Share of Table Games and Slots is 7.0%), so maintaining or growing share may be a challenge.
Valuation — source: SEC EDGAR (first-party)
Price$6.09
Market Cap$160.52M
EV / EBITDA5.0
Price / Sales0.61
FCF Yield59.4%
DCF Value (model)$13.95
DCF Upside vs Price129.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$304.10M
Net Margin-5.6%
Revenue Growth (YoY)2.4%
EPS Growth (YoY)-125.6%
FCF Growth (YoY)10.9%
Financial Health — source: SEC EDGAR
Altman Z-Score-0.09 (distress)
Valuation vs Sector & Industry
Sector P/E (Technology)34.0
Industry P/E (Business Services)30.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderMACQUARIE GROUP LTD ($21.56M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOBrooks Harrison Pierce
Employees1,420
CountryUS
IPO Date2014-12-16

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INSE earnings history · INSE institutional & insider holders · INSE KPIs & operating metrics · INSE financials · INSE investor presentations & press releases · INSE SEC filings · INSE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.