What is Full House Resorts, Inc.'s earnings per share (EPS)?

Full House Resorts, Inc. (FLL) reported diluted earnings per share of -$1.12 for fiscal year 2025. This represents a 3.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Full House Resorts, Inc. (FLL) Financials

FLL

Trailing 12 months to June 30, 2026

Revenue $305.9M +2.8% YoY

Net Income -$36.9M +9.8% YoY

EPS (Diluted) -$1.03 +9.6% YoY

Free Cash Flow $4.0M +117.5% YoY

Market Cap $39.9M as of Oct 17, 2026

Price / Sales 0.1x on $305.9M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FLL SEC filings page.

Full House Resorts, Inc. (FLL) reported $305.9M in revenue over the twelve months to Jun 30, 2026, up 2.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FLL FY2025 2026-10-03

Revenue is growing, but thin operating margins and heavy interest leave the business with almost no equity cushion.

The cash profile improved: free cash flow moved from -$38.7M in FY2024 to -$2.7M in FY2025, suggesting much less cash was absorbed by reinvestment. Yet operating cash flow was only $10.0M against a $40.2M net loss, so the improvement reflects reduced investment needs more than earnings converting into cash.

Equity fell from $40.5M in FY2024 to just $2.5M in FY2025, leaving liabilities nearly equal to total assets. A debt-to-equity ratio of 186.6x alongside a current ratio of 0.7x describes a balance sheet with very limited financial flexibility.

Revenue reached $302.4M while operating margin remained only 1.0%, showing that greater scale has not yet translated into meaningful operating earnings. Interest expense of $42.7M far exceeded operating income, leaving a net loss of $40.2M.

Financial Health Signals

Financial Health Score 26/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Full House Resorts, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Full House Resorts, Inc. has an operating margin of 1.0%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is up from 0.9% the prior year.

Growth

Full House Resorts, Inc.'s revenue grew a modest 3.5% year-over-year to $302.4M. This slow but positive growth earns a score of 70/100.

Leverage

Full House Resorts, Inc. has elevated debt relative to equity (D/E of 186.62), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 5/100, reflecting increased financial risk.

Liquidity

Full House Resorts, Inc.'s current ratio of 0.72 is below the typical benchmark, resulting in a score of 9/100. However, the company holds substantial cash reserves (55% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

While Full House Resorts, Inc. generated $10.0M in operating cash flow, capex of $12.7M consumed most of it, leaving -$2.7M in free cash flow. This results in a low score of 9/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Full House Resorts, Inc. posts a -1583.8% return on equity (ROE), meaning it loses $1584 for every $100 of shareholders' equity. This results in a returns score of 32/100. This is down from -100.4% the prior year.

Altman Z-Score Distress

0.23

Full House Resorts, Inc. scores 0.23, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

Full House Resorts, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

N/A

Full House Resorts, Inc. reported a net loss of $40.2M while generating $10.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

0.07x

Full House Resorts, Inc. earns $0.07 in operating income for every $1 of interest expense ($3.1M vs $42.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$78.1M

YoY+5.6%

QoQ+4.9%

5Y CAGR+10.5%

10Y CAGR+8.5%

Full House Resorts, Inc. generated $78.1M in revenue in Q2 2026. This represents an increase of 5.6% from the same quarter a year earlier. Against the prior quarter it is up 4.9%.

EBITDA

$12.7M

YoY+20.8%

QoQ-1.6%

5Y CAGR-2.0%

10Y CAGR+16.5%

Full House Resorts, Inc.'s EBITDA was $12.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 20.8% from the same quarter a year earlier. Against the prior quarter it is down 1.6%.

Net Income

-$8.7M

YoY+16.3%

QoQ-6.7%

Full House Resorts, Inc. reported -$8.7M in net income in Q2 2026. This represents an increase of 16.3% from the same quarter a year earlier. Against the prior quarter it is down 6.7%.

EPS (Diluted)

-$0.24

YoY+17.2%

QoQ-4.3%

Full House Resorts, Inc. earned -$0.24 per diluted share (EPS) in Q2 2026. This represents an increase of 17.2% from the same quarter a year earlier. Against the prior quarter it is down 4.3%.

Cash & Balance Sheet

Free Cash Flow

$1.1M

YoY+151.7%

QoQ+116.7%

5Y CAGR-20.2%

Full House Resorts, Inc. generated $1.1M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 151.7% from the same quarter a year earlier. Against the prior quarter it is up 116.7%.

Cash & Debt

$33.4M

YoY+4.0%

QoQ+6.5%

5Y CAGR-20.5%

10Y CAGR+4.9%

Full House Resorts, Inc. held $33.4M in cash against $469.7M in long-term debt as of Q2 2026.

Shares Outstanding

37M

YoY+1.5%

QoQ+1.0%

5Y CAGR+1.4%

10Y CAGR+6.8%

Full House Resorts, Inc. had 37M shares outstanding in Q2 2026. This represents an increase of 1.5% from the same quarter a year earlier. Against the prior quarter it is up 1.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

93.0%

YoY-0.5pp

QoQ-0.2pp

Full House Resorts, Inc.'s gross margin was 93.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Operating Margin

2.9%

YoY+3.0pp

QoQ-0.3pp

5Y change-22.8pp

10Y change+0.4pp

Full House Resorts, Inc.'s operating margin was 2.9% in Q2 2026, reflecting core business profitability. This is up 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.

Net Margin

-11.1%

YoY+2.9pp

QoQ-0.2pp

5Y change-22.7pp

10Y change-4.2pp

Full House Resorts, Inc.'s net profit margin was -11.1% in Q2 2026, showing the share of revenue converted to profit. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Return on Equity

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$1.3M

YoY-60.3%

QoQ-51.5%

5Y CAGR-28.6%

10Y CAGR+7.6%

Full House Resorts, Inc. invested $1.3M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 60.3% from the same quarter a year earlier. Against the prior quarter it is down 51.5%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

FLL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLL quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$305.9M	$302.4M+3.5%	$292.1M+21.2%	$241.1M+47.6%	$163.3M-9.4%	$180.2M+43.5%	$125.6M-24.1%	$165.4M+0.9%	$163.9M+1.6%	$161.3M+10.5%	$146.0M+17.3%	$124.4M+2.5%	$121.4M-16.1%	$144.7M+12.4%	$128.8M+22.1%	$105.5M
Cost of Revenue	$20.9M	$20.2M-10.9%	$22.7M+17.0%	$19.4M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$284.9M	$282.2M+4.7%	$269.4M+21.5%	$221.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$107.7M	$109.7M+5.4%	$104.1M+21.4%	$85.7M+43.6%	$59.7M-0.4%	$60.0M+26.0%	$47.6M-15.1%	$56.1M+3.0%	$54.4M+1.8%	$53.5M+7.5%	$49.8M+18.8%	$41.9M-4.8%	$44.0M-12.8%	$50.4M+36.3%	$37.0M+45.5%	$25.4M
Operating Income	$7.1M	$3.1M+13.6%	$2.8M+336.7%	-$1.2M-109.2%	$12.7M-66.2%	$37.6M+258.5%	$10.5M+68.5%	$6.2M-16.3%	$7.4M+5.2%	$7.1M+14.0%	$6.2M+22.7%	$5.0M+136.5%	-$13.8M-571.3%	$2.9M-94.1%	$49.6M+158.9%	$19.2M
EBITDA	N/A	$45.7M+2.0%	$44.9M+49.9%	$29.9M+45.2%	$20.6M-54.0%	$44.8M+146.8%	$18.1M+24.7%	$14.5M-8.1%	$15.8M+1.0%	$15.7M+10.9%	$14.1M+9.1%	$12.9M+377.9%	-$4.7M-137.8%	$12.3M-78.2%	$56.5M+115.9%	$26.2M
Interest Expense	$43.3M	$42.7M-1.1%	$43.2M+88.0%	$23.0M0.0%	$23.0M-2.8%	$23.7M+140.8%	$9.8M-8.4%	$10.7M+4.1%	$10.3M-5.1%	$10.9M+14.4%	$9.5M+41.3%	$6.7M+7.1%	$6.3M-13.7%	$7.3M+166.1%	$2.7M-3.8%	$2.8M
Income Tax	$660K	$530K+139.8%	$221K-80.8%	$1.1M+3806.5%	-$31K-107.1%	$435K+572.8%	-$92K-215.0%	$80K-83.2%	$476K+417.3%	-$150K-123.8%	$630K+284.2%	-$342K+65.4%	-$988K-173.7%	-$361K-102.4%	$15.2M+368.4%	$3.2M
Net Income	-$36.9M	-$40.2M+1.2%	-$40.7M-63.3%	-$24.9M-68.2%	-$14.8M-226.5%	$11.7M+7863.3%	$147K+102.5%	-$5.8M-33.2%	-$4.4M+13.1%	-$5.0M+1.3%	-$5.1M-286.8%	-$1.3M+93.7%	-$20.8M-426.1%	-$4.0M-114.2%	$27.8M+1088.0%	$2.3M
EPS (Basic)	N/A	-$1.12+3.4%	-$1.16-61.1%	-$0.72-67.4%	-$0.43-219.4%	$0.36+3500.0%	$0.01+104.5%	-$0.22-29.4%	-$0.17+22.7%	-$0.22	N/A	N/A	-$1.10-423.8%	-$0.21	N/A	N/A
EPS (Diluted)	-$1.03	-$1.12+3.4%	-$1.16-61.1%	-$0.72-67.4%	-$0.43-230.3%	$0.33	$0.01	-$0.22+4.3%	-$0.23-4.5%	-$0.22	N/A	N/A	-$1.10-423.8%	-$0.21	N/A	N/A
Diluted Shares (Avg)	N/A	36M+3.1%	35M+1.3%	35M+0.5%	34M-1.7%	35M	28M	27M+2.0%	26M+15.6%	23M	N/A	N/A	19M+0.7%	19M	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$78.1M+5.6%	$74.4M-0.8%	$75.4M+3.4%	$78.0M+3.0%	$73.9M+0.6%	$75.1M+7.3%	$73.0M-43.9%	$75.7M+4945.8%
Cost of Revenue	$5.4M+13.1%	$5.0M+2.4%	$5.2M-10.4%	$5.3M-11.0%	$4.8M-14.2%	$4.9M-8.0%	$5.8M	$5.9M
Gross Profit	$72.6M+5.0%	$69.4M-1.1%	$70.2M+4.6%	$72.7M+4.2%	$69.1M+1.8%	$70.1M+8.6%	$67.2M	$69.7M
SG&A Expenses	$27.7M-0.8%	$25.1M-6.8%	$27.1M-0.4%	$27.8M+4.1%	$27.9M+10.2%	$26.9M+8.0%	$27.2M+13.5%	$26.7M+21.4%
Operating Income	$2.3M+3167.6%	$2.4M+218.4%	-$976K+30.7%	$3.4M+40.3%	-$74K-103.2%	$738K+221.8%	-$1.4M+72.5%	$2.4M-76.4%
EBITDA	$12.7M+20.8%	$12.9M+13.8%	$9.8M+5.9%	$14.1M+8.8%	$10.5M-16.8%	$11.3M+13.2%	$9.2M+165.5%	$12.9M-31.3%
Interest Expense	$10.8M+4.7%	$10.4M+0.8%	$11.0M+0.7%	$11.1M+0.7%	$10.4M-6.1%	$10.3M+0.5%	$10.9M+63.4%	$11.0M+88.3%
Income Tax	$121K+227.4%	$120K-41.7%	$433K+4230.0%	-$14K+88.9%	-$95K-20.3%	$206K-50.5%	$10K-98.6%	-$126K-70.3%
Net Income	-$8.7M+16.3%	-$8.2M+16.5%	-$12.4M-0.6%	-$7.7M+9.4%	-$10.4M-20.3%	-$9.8M+13.4%	-$12.3M+1.5%	-$8.5M-284.5%
EPS (Basic)	-$0.24+17.2%	-$0.23+14.8%	-$0.35-2.9%	-$0.21+12.5%	-$0.29-16.0%	-$0.27+18.2%	-$0.34+5.6%	-$0.24-284.6%
EPS (Diluted)	-$0.24+17.2%	-$0.23+14.8%	-$0.35-2.9%	-$0.21+12.5%	-$0.29-16.0%	-$0.27+18.2%	-$0.34+5.6%	-$0.24-284.6%
Diluted Shares (Avg)	36M+1.1%	36M+0.9%	N/A	36M+3.3%	36M+3.9%	36M+3.6%	N/A	35M-4.7%

Not reported in any period shown, so not listed: R&D Expenses.

FLL Balance Sheet

FLL quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$649.8M-3.5%	$673.3M-2.2%	$688.5M+15.6%	$595.3M+25.6%	$473.8M+122.9%	$212.6M+0.6%	$211.3M+15.9%	$182.3M+5.1%	$173.5M-2.1%	$177.2M+25.3%	$141.5M+0.4%	$140.9M-8.6%	$154.3M-5.2%	$162.7M+72.0%	$94.6M
Current Assets	$53.0M-0.8%	$53.4M-36.9%	$84.6M-58.3%	$202.9M-26.3%	$275.4M+491.3%	$46.6M+23.6%	$37.7M+39.6%	$27.0M+3.0%	$26.2M-20.8%	$33.1M+42.1%	$23.3M+0.6%	$23.1M-2.9%	$23.8M-26.3%	$32.3M+39.3%	$23.2M
Cash & Equivalents	$40.7M+1.1%	$40.2M+11.2%	$36.2M-36.1%	$56.6M-36.2%	$88.7M+135.3%	$37.7M+30.7%	$28.9M+39.8%	$20.6M+3.6%	$19.9M-26.4%	$27.0M+85.5%	$14.6M-6.8%	$15.6M+4.7%	$14.9M-27.5%	$20.6M+40.1%	$14.7M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.0M-5.4%	$2.1M+13.5%	$1.8M+24.3%	$1.5M-10.9%	$1.7M+9.9%	$1.5M-34.1%	$2.3M+60.8%	$1.4M-15.8%	$1.7M+27.3%	$1.3M+18.1%	$1.1M+54.5%	$728K	N/A	N/A	N/A
Accounts Receivable	$3.7M-28.1%	$5.1M-4.3%	$5.3M+30.6%	$4.1M-13.0%	$4.7M-4.3%	$4.9M+122.3%	$2.2M+8.4%	$2.0M+15.6%	$1.8M-7.8%	$1.9M+11.4%	$1.7M+9.0%	$1.6M-15.8%	$1.9M-29.7%	$2.7M-45.4%	$4.9M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$19.5M0.0%	$19.5M-8.5%	$21.3M0.0%	$21.3M0.0%	$21.3M0.0%	$21.3M0.0%	$21.3M0.0%	$21.3M0.0%	$21.3M0.0%	$21.3M+29.2%	$16.5M0.0%	$16.5M-9.1%	$18.1M-18.1%	$22.1M+196.8%	$7.5M
Total Liabilities	$647.3M+2.3%	$632.8M+3.6%	$610.6M+23.2%	$495.5M+37.2%	$361.1M+131.6%	$155.9M+0.5%	$155.2M+28.4%	$120.9M-0.4%	$121.4M+0.6%	$120.7M+42.1%	$84.9M+1.8%	$83.4M+9.1%	$76.5M-6.3%	$81.6M+108.3%	$39.2M
Current Liabilities	$73.5M+9.0%	$67.5M-14.1%	$78.6M+19.6%	$65.7M+72.6%	$38.1M+56.9%	$24.3M-3.7%	$25.2M+16.5%	$21.6M+16.4%	$18.6M+2.3%	$18.1M-1.7%	$18.4M+3.5%	$17.8M+50.1%	$11.9M-22.5%	$15.3M-10.8%	$17.2M
Non-Current Liabilities	$573.7M+1.5%	$565.4M+6.3%	$532.1M+23.8%	$429.9M+33.1%	$323.1M+145.3%	$131.7M+1.3%	$130.1M+31.0%	$99.3M-3.5%	$102.9M+0.3%	$102.6M+54.3%	$66.5M+1.3%	$65.6M+1.6%	$64.6M-2.5%	$66.3M+201.4%	$22.0M
Long-Term Debt	$473.6M+1.2%	$468.1M+0.6%	$465.2M+15.8%	$401.9M+33.2%	$301.6M+182.3%	$106.8M+3.8%	$102.9M+9.3%	$94.2M+0.7%	$93.6M-0.7%	$94.2M+55.4%	$60.6M+2.3%	$59.3M+3.1%	$57.5M-13.2%	$66.3M+201.3%	$22.0M
Total Equity	$2.5M-93.7%	$40.5M-48.0%	$77.8M-22.0%	$99.8M-11.5%	$112.7M+98.9%	$56.7M+1.0%	$56.1M-8.6%	$61.3M+14.3%	$53.6M-5.0%	$56.5M-0.1%	$56.5M-1.7%	$57.5M-26.1%	$77.8M-4.1%	$81.1M+61.3%	$50.3M
Retained Earnings	-$115.5M-53.4%	-$75.3M-117.5%	-$34.6M-256.4%	-$9.7M-290.7%	$5.1M+177.0%	-$6.6M+2.2%	-$6.8M-620.0%	-$939K-151.3%	$1.8M-73.3%	$6.9M-42.6%	$12.0M-9.9%	$13.3M-61.1%	$34.1M-10.4%	$38.1M+347.6%	$8.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$630.1M-3.3%	$630.5M-4.1%	$649.8M-3.5%	$644.4M-3.6%	$651.5M-3.3%	$657.2M-2.0%	$673.3M-2.2%	$668.7M+0.5%
Current Assets	$51.5M+18.9%	$42.0M-5.6%	$53.0M-0.8%	$39.9M-17.1%	$43.3M-23.4%	$44.5M-22.3%	$53.4M-36.9%	$48.2M-52.1%
Cash & Equivalents	$33.4M+4.0%	$31.4M+2.1%	$40.7M+1.1%	$30.9M+19.3%	$32.1M+3.4%	$30.7M+19.6%	$40.2M+11.2%	$25.9M0.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.2M+2.5%	$1.9M-6.1%	$2.0M-5.4%	$1.7M-25.8%	$2.1M+6.6%	$2.1M+6.5%	$2.1M+13.5%	$2.3M+32.8%
Accounts Receivable	$3.8M-17.1%	$3.3M-31.5%	$3.7M-28.1%	$3.0M-48.4%	$4.6M-17.4%	$4.9M-3.4%	$5.1M-4.3%	$5.8M-29.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$19.5M0.0%	$19.5M0.0%	$19.5M0.0%	$19.5M0.0%	$19.5M-8.5%	$19.5M-8.5%	$19.5M-8.5%	$19.5M-8.5%
Total Liabilities	$643.4M+2.1%	$635.9M+1.5%	$647.3M+2.3%	$630.2M+2.2%	$630.3M+2.6%	$626.2M+3.8%	$632.8M+3.6%	$616.9M+7.2%
Current Liabilities	$83.1M+20.3%	$70.5M+10.6%	$73.5M+9.0%	$58.6M+5.8%	$69.1M-1.3%	$63.7M+1.7%	$67.5M-14.1%	$55.4M-3.2%
Non-Current Liabilities	$560.3M-0.2%	$565.4M+0.5%	$573.7M+1.5%	$571.6M+1.8%	$561.3M+3.1%	$562.5M+4.1%	$565.4M+6.3%	$561.5M+8.3%
Long-Term Debt	$469.7M+0.5%	$474.0M+0.5%	$473.6M+1.2%	$473.1M+1.2%	$467.5M+0.2%	$471.7M+1.3%	$468.1M+0.6%	$467.4M+0.6%
Total Equity	-$13.3M-162.8%	-$5.3M-117.3%	$2.5M-93.7%	$14.2M-72.6%	$21.2M-64.3%	$31.0M-53.9%	$40.5M-48.0%	$51.8M-42.1%
Retained Earnings	-$132.3M-38.7%	-$123.6M-45.4%	-$115.5M-53.4%	-$103.1M-63.7%	-$95.4M-75.1%	-$85.1M-85.3%	-$75.3M-117.5%	-$63.0M-184.6%

FLL Cash Flow Statement

FLL quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$14.5M	$10.0M-28.0%	$13.8M-38.0%	$22.3M+410.5%	$4.4M-85.2%	$29.5M+228.2%	$9.0M-14.1%	$10.5M+6.6%	$9.8M+37.5%	$7.1M-9.8%	$7.9M+5.5%	$7.5M-0.7%	$7.6M-38.4%	$12.3M+385.5%	-$4.3M-115.9%	$27.0M
Depreciation & Amortization	N/A	$42.6M+1.2%	$42.1M+35.4%	$31.1M+292.1%	$7.9M+9.8%	$7.2M-5.8%	$7.7M-8.0%	$8.3M-0.8%	$8.4M-2.4%	$8.6M+8.5%	$7.9M+0.4%	$7.9M-14.0%	$9.2M-2.2%	$9.4M+36.4%	$6.9M-1.7%	$7.0M
Stock-Based Compensation	N/A	$1.7M-39.6%	$2.9M-0.3%	$2.9M+70.2%	$1.7M+75.3%	$966K+138.5%	$405K+16.4%	$348K-44.9%	$632K+20.4%	$525K+28.4%	$409K+19.2%	$343K-35.0%	$528K-17.9%	$643K	N/A	N/A
Capital Expenditures	$10.5M	$12.7M-75.9%	$52.6M-64.6%	$148.6M-13.1%	$170.9M+362.1%	$37.0M+1302.2%	$2.6M-67.4%	$8.1M-52.6%	$17.1M+54.0%	$11.1M+216.6%	$3.5M-69.2%	$11.4M+18.7%	$9.6M+55.3%	$6.2M+106.4%	$3.0M-7.7%	$3.2M
Free Cash Flow	$4.0M	-$2.7M+93.1%	-$38.7M+69.3%	-$126.2M+24.2%	-$166.6M-2124.7%	-$7.5M-217.8%	$6.4M+166.8%	$2.4M+132.9%	-$7.2M-84.0%	-$3.9M-188.8%	$4.4M+215.1%	-$3.8M-91.7%	-$2.0M-132.8%	$6.1M+183.9%	-$7.3M-130.7%	$23.8M
Investing Cash Flow	-$10.6M	-$10.3M+77.4%	-$45.7M+77.0%	-$198.8M-15.5%	-$172.1M-362.5%	-$37.2M-1321.0%	-$2.6M+69.8%	-$8.7M+50.3%	-$17.4M-55.5%	-$11.2M	N/A	N/A	N/A	N/A	$45.3M+299.2%	-$22.7M
Financing Cash Flow	-$2.6M	$801K+153.5%	-$1.5M-102.5%	$59.0M-36.9%	$93.6M-60.2%	$235.3M+15853.1%	$1.5M-80.1%	$7.4M-10.9%	$8.3M+372.2%	-$3.1M	N/A	N/A	N/A	N/A	-$35.1M-1122.5%	-$2.9M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$2.4M+97.0%	-$3.8M+46.5%	$12.0M-18.9%	$3.8M+156.5%	$1.2M-87.9%	-$7.1M-61.1%	$14.8M-22.5%	-$6.7M-546.2%
Depreciation & Amortization	$10.4M-1.5%	$10.6M-0.4%	$10.8M+1.1%	$10.6M+1.4%	$10.6M+2.5%	$10.6M-0.2%	$10.7M+23.8%	$10.5M+23.9%
Stock-Based Compensation	$602K+1.3%	$205K+194.5%	N/A	$674K-4.5%	$594K-19.7%	-$217K-130.6%	N/A	$706K-2.8%
Capital Expenditures	$1.3M-60.3%	$2.7M-5.2%	$1.4M-82.8%	$5.1M-52.6%	$3.3M-70.5%	$2.9M-87.3%	$8.0M-72.3%	$10.7M-65.1%
Free Cash Flow	$1.1M+151.7%	-$6.5M+34.6%	$10.7M+55.0%	-$1.3M+92.7%	-$2.1M-78.6%	-$10.0M+63.1%	$6.9M+172.1%	-$17.4M+40.2%
Investing Cash Flow	-$1.3M-43.7%	-$2.7M+5.2%	-$1.5M+81.8%	-$5.1M-34.3%	-$922K+91.8%	-$2.9M+87.3%	-$8.0M+72.5%	-$3.8M+87.7%
Financing Cash Flow	$950K-15.1%	-$2.8M-710.8%	-$843K-245.5%	$70K+119.5%	$1.1M+363.9%	$455K+196.6%	-$244K+34.4%	-$359K+28.5%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

FLL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLL quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	93.3%+1.1pp	92.2%+0.3pp	92.0%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	1.0%+0.1pp	0.9%+1.4pp	-0.5%-8.3pp	7.8%-13.1pp	20.8%+12.5pp	8.3%+4.6pp	3.8%-0.8pp	4.5%+0.2pp	4.4%+0.1pp	4.2%+0.2pp	4.0%+15.4pp	-11.4%-13.4pp	2.0%-36.5pp	38.6%+20.4pp	18.2%
Net Margin	-13.3%+0.6pp	-13.9%-3.6pp	-10.3%-1.3pp	-9.1%-15.6pp	6.5%+6.4pp	0.1%+3.6pp	-3.5%-0.9pp	-2.7%+0.4pp	-3.1%+0.4pp	-3.5%-2.4pp	-1.1%+16.1pp	-17.2%-14.4pp	-2.7%-24.4pp	21.6%+19.4pp	2.2%
Return on Equity	-1583.8%-1483.4pp	-100.4%-68.4pp	-32.0%-17.2pp	-14.8%-25.2pp	10.4%+10.1pp	0.3%+10.6pp	-10.4%-3.3pp	-7.1%+2.2pp	-9.4%-0.4pp	-9.0%-6.7pp	-2.3%+33.9pp	-36.3%-31.2pp	-5.1%-39.4pp	34.3%+29.6pp	4.7%
Return on Assets	-6.2%-0.1pp	-6.0%-2.4pp	-3.6%-1.1pp	-2.5%-5.0pp	2.5%+2.4pp	0.1%+2.8pp	-2.8%-0.3pp	-2.4%+0.5pp	-2.9%0.0pp	-2.9%-1.9pp	-0.9%+13.9pp	-14.8%-12.2pp	-2.6%-19.7pp	17.1%+14.6pp	2.5%
Current Ratio	0.72-0.1x	0.79-0.3x	1.08-2.0x	3.09-4.1x	7.24+5.3x	1.92+0.4x	1.50+0.2x	1.25-0.2x	1.41-0.4x	1.82+0.6x	1.260.0x	1.30-0.7x	2.01-0.1x	2.11+0.8x	1.35
Debt-to-Equity	186.62+175.1x	11.56+5.6x	5.98+1.9x	4.03+1.4x	2.68+0.8x	1.88+0.1x	1.83+0.3x	1.54-0.2x	1.74+0.1x	1.67+0.6x	1.070.0x	1.03+0.3x	0.74-0.1x	0.82+0.4x	0.44
Asset Turnover	0.470.0x	0.43+0.1x	0.35+0.1x	0.27-0.1x	0.38-0.2x	0.59-0.2x	0.78-0.1x	0.900.0x	0.93+0.1x	0.82-0.1x	0.880.0x	0.86-0.1x	0.94+0.1x	0.79-0.3x	1.11
FCF Margin	-0.9%+12.4pp	-13.3%+39.1pp	-52.4%	-102.0%	-4.2%-9.2pp	5.1%+3.6pp	1.4%+5.8pp	-4.4%-2.0pp	-2.4%-5.5pp	3.0%+6.1pp	-3.1%-1.4pp	-1.7%-5.9pp	4.2%+9.9pp	-5.7%-28.2pp	22.5%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	93.0%-0.5pp	93.2%-0.2pp	93.1%+1.1pp	93.2%+1.1pp	93.5%+1.1pp	93.4%+1.1pp	92.1%	92.2%
Operating Margin	2.9%+3.0pp	3.2%+2.2pp	-1.3%+0.6pp	4.4%+1.2pp	-0.1%-3.3pp	1.0%+1.8pp	-1.9%+2.0pp	3.2%
Net Margin	-11.1%+2.9pp	-10.9%+2.1pp	-16.4%+0.5pp	-9.8%+1.3pp	-14.0%-2.3pp	-13.0%+3.1pp	-16.9%-7.3pp	-11.2%
Return on Equity	N/A	N/A	-487.4%-457.1pp	-54.0%-37.7pp	-48.9%-34.4pp	-31.5%-14.8pp	-30.4%-14.3pp	-16.4%-21.5pp
Return on Assets	-1.4%+0.2pp	-1.3%+0.2pp	-1.9%-0.1pp	-1.2%+0.1pp	-1.6%-0.3pp	-1.5%+0.2pp	-1.8%0.0pp	-1.3%-2.0pp
Current Ratio	0.620.0x	0.60-0.1x	0.72-0.1x	0.68-0.2x	0.63-0.2x	0.70-0.2x	0.79-0.3x	0.87-0.9x
Debt-to-Equity	N/A	N/A	186.62+175.1x	33.30+24.3x	22.04+14.2x	15.22+8.3x	11.56+5.6x	9.02+3.8x
Asset Turnover	0.120.0x	0.120.0x	0.120.0x	0.120.0x	0.110.0x	0.110.0x	0.11-0.1x	0.11+0.1x
FCF Margin	1.4%+4.3pp	-8.8%+4.5pp	14.1%+4.7pp	-1.6%+21.4pp	-2.9%-1.2pp	-13.3%+25.4pp	9.4%+16.8pp	-23.0%

Note: The current ratio is below 1.0 (0.72), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Full House Resorts, Inc. FLL	FY2025	$302.4M	-$40.2M	-13.3%	$39.9M	26/100
Canterbury Park Holding Corporation 'New' CPHC	FY2025	$59.6M	-$529K	-0.9%	$82.0M	46/100
Century Casinos Inc CNTY	FY2025	$573.0M	-$61.4M	-10.7%	$22.2M	34/100
Golden Entertainment, Inc. GDEN	FY2025	$634.9M	-$6.0M	-0.9%	$753.7M	35/100
Bally's Corporation BALY	FY2025	$2.4B	-$701.1M	-28.8%	$657.1M	17/100
Monarch Casino & Resort Inc MCRI	FY2025	$545.1M	$101.4M	18.6%	$2.0B	36/100

Where Full House Resorts, Inc. Ranks

Frequently Asked Questions

What is Full House Resorts, Inc.'s annual revenue?

Full House Resorts, Inc. (FLL) reported $302.4M in total revenue for fiscal year 2025. This represents a 3.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Full House Resorts, Inc.'s revenue growing?

Full House Resorts, Inc. (FLL) revenue grew by 3.5% year-over-year, from $292.1M to $302.4M in fiscal year 2025.

Is Full House Resorts, Inc. profitable?

No, Full House Resorts, Inc. (FLL) reported a net income of -$40.2M in fiscal year 2025, with a net profit margin of -13.3%.

What is Full House Resorts, Inc.'s EBITDA?

Full House Resorts, Inc. (FLL) had EBITDA of $45.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Full House Resorts, Inc. have?

As of fiscal year 2025, Full House Resorts, Inc. (FLL) had $40.7M in cash and equivalents against $473.6M in long-term debt.

What is Full House Resorts, Inc.'s gross margin?

Full House Resorts, Inc. (FLL) had a gross margin of 93.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Full House Resorts, Inc.'s operating margin?

Full House Resorts, Inc. (FLL) had an operating margin of 1.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Full House Resorts, Inc.'s net profit margin?

Full House Resorts, Inc. (FLL) had a net profit margin of -13.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Full House Resorts, Inc.'s return on equity (ROE)?

Full House Resorts, Inc. (FLL) has a return on equity of -1583.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Full House Resorts, Inc.'s free cash flow?

Full House Resorts, Inc. (FLL) recorded an outflow of $2.7M in free cash flow during fiscal year 2025. This represents a 93.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Full House Resorts, Inc.'s operating cash flow?

Full House Resorts, Inc. (FLL) generated $10.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Full House Resorts, Inc.'s total assets?

Full House Resorts, Inc. (FLL) had $649.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Full House Resorts, Inc.'s capital expenditures?

Full House Resorts, Inc. (FLL) invested $12.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Full House Resorts, Inc. have outstanding?

Full House Resorts, Inc. (FLL) had 36M shares outstanding as of fiscal year 2025.

What is Full House Resorts, Inc.'s current ratio?

Full House Resorts, Inc. (FLL) had a current ratio of 0.72 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Full House Resorts, Inc.'s debt-to-equity ratio?

Full House Resorts, Inc. (FLL) had a debt-to-equity ratio of 186.62 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Full House Resorts, Inc.'s return on assets (ROA)?

Full House Resorts, Inc. (FLL) had a return on assets of -6.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Full House Resorts, Inc.'s P/E ratio?

Full House Resorts, Inc. (FLL) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $39.9M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Full House Resorts, Inc.'s price-to-sales ratio?

Full House Resorts, Inc. (FLL) trades at 0.1x sales, its market capitalization divided by revenue of $305.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $39.9M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Full House Resorts, Inc.'s Altman Z-Score?

Full House Resorts, Inc. (FLL) has an Altman Z-Score of 0.23, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Full House Resorts, Inc.'s Piotroski F-Score?

Full House Resorts, Inc. (FLL) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Full House Resorts, Inc.'s earnings high quality?

Full House Resorts, Inc. (FLL) reported a net loss of $40.2M while generating $10.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Full House Resorts, Inc. cover its interest payments?

Full House Resorts, Inc. (FLL) has an interest coverage ratio of 0.07x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Full House Resorts, Inc.?

Full House Resorts, Inc. (FLL) scores 26 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.