PhilWeb Corporation returned to profit in the second quarter of 2026 as its Digital Gaming Solutions business expanded. The company reported net income of PHP47.02 million for the three months to 30 June, reversing a PHP16.26 million loss in the same period last year.
For H1 2026, net income reached PHP60.97 million compared with a PHP41.77 million loss last year. Revenue increased 96% year-on-year and 51% quarter-on-quarter to PHP352.4 million in Q2.
Digital Gaming Solutions generated PHP200.3 million during the quarter, up 152% from Q1 and accounting for 57% of total group revenue. The segment includes PhilWeb’s interactive platform solution and game-content distribution businesses.
“The rapid sequential growth and margin expansion in the second quarter validate the massive operating leverage of our digital gaming solutions segment,” Brian Ng, PhilWeb President, said.
“By empowering tier-one licensed operators and global content providers, we are establishing a comprehensive, regulatory-compliant digital ecosystem that drives long-term commercial value.”
Higher technology contribution lifts EBITDA margin to 15%
PhilWeb’s EBITDA increased to PHP51.5 million in Q2, up 886% year-on-year and 119% from the previous quarter. The EBITDA margin improved from 10% in Q1 to 15% in Q2 as technology operations contributed a larger share of revenue.
For the first six months, EBITDA reached PHP75 million compared with PHP2.2 million during the same period last year. First-half revenue increased 63% from PHP358.6 million to PHP585.4 million.
PhilWeb said the improvement was supported by continued investment in digital infrastructure, content distribution and AI-enabled systems. Its platform supports regulated online gaming operations connected with Okada Manila, Hann Resort, NUSTAR Online and Newport World Resorts, alongside PT Gaming and FBM Philippines.
The company has also expanded its content distribution business through partnerships with global suppliers including Pragmatic Play and Games Global.
AI strategy focuses on fraud, compliance and customer service
PhilWeb is preparing to expand the use of artificial intelligence across its B2B technology infrastructure as it shifts towards platform and support services for licensed operators.
“With a cleaner operating baseline and strengthened capitalization, PhilWeb is now focused on scaling its B2B AI-enabled infrastructure across the Company’s regulated digital ecosystem,” the company said.
PhilWeb said its AI programme will concentrate on fraud detection, regulatory compliance and customer service efficiency.
“This AI initiative will strengthen three core operational priorities: fraud detection, regulatory compliance, and customer service efficiency,” it said. “Together, these capabilities position PhilWeb as a technology leader in the region’s regulated digital platform industry.”
This strategy follows PhilWeb’s accreditation by the Philippine Amusement and Gaming Corporation in March as a gaming affiliate and support-service provider. The company plans to integrate “leading global content providers” into its unified digital gaming solutions.
Gokongwei investment strengthens PhilWeb’s ownership structure
The quarterly results also follow a major change in PhilWeb’s shareholder and governance structure after businessman Lance Gokongwei invested PHP2.03 billion in the company. Gokongwei joined PhilWeb’s board of directors in July following the investment.
Furthermore, this transaction initially gave him a 10% stake in the company, with his ownership increasing to around 15% if his redeemable preferred shares are fully converted. The investment gives PhilWeb additional capital as it expands its technology infrastructure, content partnerships and digital gaming operations.
In addition, PhilWeb is positioning itself less as a traditional gaming operator, and more as a technology and infrastructure provider for legal operators across the Philippine market.
PhilWeb’s numbers suggest the shift from gaming operator to B2B technology provider has improved revenue within the second quarter. Its combination of platform infrastructure, global content partnerships and AI for compliance will ensure that the company becomes more valuable to licensed operators in the Philippines.
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