Wynn Resorts, Limited Reports Second Quarter 2026 Results
Rhea-AI Summary
Wynn Resorts (NASDAQ: WYNN) reported second quarter 2026 operating revenues of $1.86 billion, up $119.1 million from $1.74 billion a year earlier. Net income attributable to Wynn Resorts rose to $140.1 million, with diluted EPS of $1.32, compared to $66.2 million and $0.64, respectively, in 2025. Adjusted net income was $127.5 million, or $1.24 per diluted share. Adjusted Property EBITDAR increased to $568.3 million, led by a $44.3 million gain at Wynn Palace, partly offset by declines in Las Vegas, Encore Boston Harbor, and Wynn Macau.
According to the company, Wynn Palace revenue grew to $653.4 million and EBITDAR to $201.5 million, while Las Vegas revenues were $643.2 million with lower EBITDAR of $215.2 million. Encore Boston Harbor revenues fell to $209.3 million and EBITDAR to $56.1 million. The Board declared a $0.25 per-share dividend, and Wynn repurchased 741,098 shares for $75.0 million, leaving $326.1 million of remaining authorization. The company contributed $48.1 million in the quarter to its 40%-owned Wynn Al Marjan Island joint venture, bringing total contributions to $1.06 billion, and the resort is currently expected to open in September 2027.
Positive
- Operating revenues $1.86 billion, up $119.1 million year over year
- Net income $140.1 million vs. $66.2 million prior-year quarter
- Adjusted net income $127.5 million, or $1.24 per diluted share
- Adjusted Property EBITDAR $568.3 million, up $15.9 million year over year
- Wynn Palace revenue $653.4 million and EBITDAR $201.5 million, both higher YoY
- Dividend of $0.25 per share payable August 28, 2026
- Share repurchases 741,098 shares for $75.0 million; $326.1 million authority remaining
- Liquidity $1.57 billion in cash plus $2.38 billion combined revolver capacity
Negative
- Las Vegas Adjusted Property EBITDAR $215.2 million vs. $234.8 million prior year
- Encore Boston Harbor revenue $209.3 million, down from $215.7 million
- Encore Boston Harbor EBITDAR $56.1 million vs. $63.9 million a year ago
- Wynn Macau EBITDAR $95.5 million, slightly below $96.5 million prior year
- VIP table games win at Wynn Macau 2.58%, below expected 3.1%–3.4% range
- Total debt outstanding $10.72 billion as of June 30, 2026
- Quarterly interest expense $152.2 million, weighing on net income
Market reaction after 2Q26 earnings report: WYNN +4.55%
Following this news, WYNN has gained 4.55%, reflecting a moderate positive market reaction. Our momentum scanner has triggered 19 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $102.04. Trading volume is above average at 1.8x the average, suggesting increased trading activity.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 07 | Q1 earnings report | Positive | -4.2% | Revenue and net income improved year over year, but the 24-hour reaction was negative. |
| Nov 06 | Q3 earnings report | Positive | +2.9% | Revenue and net income improved year over year, followed by a positive 24-hour reaction. |
| Aug 07 | Q2 earnings report | Negative | -0.8% | Net income and Adjusted Property EBITDAR declined despite slightly higher revenue. |
| May 06 | Q1 earnings report | Negative | +0.7% | Revenue, net income and Adjusted Property EBITDAR declined across multiple properties. |
| Nov 04 | Q3 earnings report | Negative | -9.3% | The company reported a net loss and slightly lower Adjusted Property EBITDAR. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings-tagged events averaged a -2.12% 24-hour reaction, including a -4.15% reaction after the prior Q1 2026 release despite improved reported results.
Key Terms
adjusted property ebitdar financial
noncontrolling interests financial
change in derivatives fair value financial
triple-net operating lease rent expense financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Operating revenues were
"Our second quarter results, including a monthly record for Adjusted Property EBITDAR in
Consolidated Results
Operating revenues were
Net income attributable to Wynn Resorts, Limited was
Adjusted Property EBITDAR was
Wynn Resorts, Limited also announced on August 4, 2026 that its Board of Directors declared a cash dividend of
Property Results
Macau Operations
Wynn Palace
Operating revenues from Wynn Palace were
Wynn Macau
Operating revenues from Wynn Macau were
Las Vegas Operations
Operating revenues from our Las Vegas Operations were
Encore Boston Harbor
Operating revenues from Encore Boston Harbor were
Wynn Al Marjan Island Development
During the second quarter of 2026, the Company contributed
Balance Sheet
Our cash and cash equivalents as of June 30, 2026 totaled
Total current and long-term debt outstanding at June 30, 2026 was
Equity Repurchase Program
During the second quarter of 2026, the Company repurchased 741,098 shares of its common stock under its publicly announced equity repurchase program at an average price of
Conference Call and Other Information
The Company will hold a conference call to discuss its results, including the results of Wynn Resorts Finance, LLC and Wynn Las Vegas, LLC, on August 4, 2026 at 1:30 p.m. PT (4:30 p.m. ET). Interested parties are invited to join the call by accessing a live audio webcast at http://www.wynnresorts.com. On or before August 14, 2026, the Company will make Wynn Resorts Finance, LLC and Wynn Las Vegas, LLC financial information for the quarter ended June 30, 2026 available to noteholders, prospective investors, broker-dealers and securities analysts. Please contact our investor relations office at 702-770-7555 or at investorrelations@wynnresorts.com, to obtain access to such financial information.
Forward-looking Statements
This release contains forward-looking statements regarding operating trends and future results of operations. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those we express in these forward-looking statements, including, but not limited to, reductions in discretionary consumer spending, adverse macroeconomic conditions and their impact on levels of disposable consumer income and wealth, changes in interest rates, inflation, a decline in general economic activity or recession in the
Non-GAAP Financial Measures
(1) "Adjusted Property EBITDAR" is net income before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other expenses, triple-net operating lease rent expense related to Encore Boston Harbor, management and license fees, corporate expenses and other expenses (including intercompany golf course, meeting and convention, and water rights leases), stock-based compensation, change in derivatives fair value, loss on debt financing transactions and other non-operating income and expenses. Adjusted Property EBITDAR is presented exclusively as a supplemental disclosure because management believes that it is widely used to measure the performance, and as a basis for valuation, of gaming companies. Management uses Adjusted Property EBITDAR as a measure of the operating performance of its segments and to compare the operating performance of its properties with those of its competitors, as well as a basis for determining certain incentive compensation. We also present Adjusted Property EBITDAR because it is used by some investors to measure a company's ability to incur and service debt, make capital expenditures and meet working capital requirements. Gaming companies have historically reported EBITDAR as a supplement to GAAP. In order to view the operations of their casinos on a more stand-alone basis, gaming companies, including us, have historically excluded from their EBITDAR calculations pre-opening expenses, property charges, corporate expenses and stock-based compensation, that do not relate to the management of specific casino properties. However, Adjusted Property EBITDAR should not be considered as an alternative to operating income (loss) as an indicator of our performance, as an alternative to cash flows from operating activities as a measure of liquidity, or as an alternative to any other measure determined in accordance with GAAP. Unlike net income, Adjusted Property EBITDAR does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. We have significant uses of cash flows, including capital expenditures, triple-net operating lease rent expense related to Encore Boston Harbor, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDAR. Also, our calculation of Adjusted Property EBITDAR may be different from the calculation methods used by other companies and, therefore, comparability may be limited.
(2) "Adjusted net income attributable to Wynn Resorts, Limited" is net income attributable to Wynn Resorts, Limited before pre-opening expenses, property charges and other expenses, change in derivatives fair value, foreign currency remeasurement and other, and income taxes calculated using the specific tax treatment applicable to the adjustments based on their respective jurisdictions. Adjusted net income attributable to Wynn Resorts, Limited and adjusted net income attributable to Wynn Resorts, Limited per diluted share are presented as supplemental disclosures to financial measures in accordance with GAAP because management believes that these non-GAAP financial measures are widely used to measure the performance, and as a principal basis for valuation, of gaming companies. These measures are used by management and/or evaluated by some investors, in addition to net income per share computed in accordance with GAAP, as an additional basis for assessing period-to-period results of our business. Adjusted net income attributable to Wynn Resorts, Limited and adjusted net income attributable to Wynn Resorts, Limited per diluted share may be different from the calculation methods used by other companies and, therefore, comparability may be limited.
The Company has included schedules in the tables that accompany this release that reconcile (i) net income attributable to Wynn Resorts, Limited to adjusted net income attributable to Wynn Resorts, Limited, (ii) operating income (loss) to Adjusted Property EBITDAR, and (iii) net income attributable to Wynn Resorts, Limited to Adjusted Property EBITDAR.
WYNN RESORTS, LIMITED AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) (unaudited) | |||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||
2026 | 2025 | 2026 | 2025 | ||||
Operating revenues: | |||||||
Casino | |||||||
Rooms | 290,303 | 291,053 | 580,684 | 565,574 | |||
Food and beverage | 264,344 | 261,057 | 523,363 | 510,936 | |||
Entertainment, retail and other | 126,998 | 133,853 | 257,127 | 269,420 | |||
Total operating revenues | 1,856,933 | 1,737,797 | 3,713,695 | 3,438,194 | |||
Operating expenses: | |||||||
Casino | 721,384 | 643,108 | 1,454,054 | 1,277,941 | |||
Rooms | 88,569 | 86,042 | 178,360 | 170,139 | |||
Food and beverage | 236,642 | 224,400 | 465,464 | 425,067 | |||
Entertainment, retail and other | 51,390 | 58,041 | 111,103 | 120,227 | |||
General and administrative | 270,115 | 280,815 | 545,319 | 556,504 | |||
Provision for credit losses | 6,930 | 3,353 | 10,987 | 4,749 | |||
Pre-opening | 9,232 | 11,286 | 20,977 | 16,573 | |||
Depreciation and amortization | 165,421 | 152,907 | 325,948 | 308,328 | |||
Property charges and other | 9,662 | 13,245 | 21,291 | 25,477 | |||
Total operating expenses | 1,559,345 | 1,473,197 | 3,133,503 | 2,905,005 | |||
Operating income | 297,588 | 264,600 | 580,192 | 533,189 | |||
Other income (expense): | |||||||
Interest income | 12,774 | 15,859 | 25,866 | 35,218 | |||
Interest expense, net of amounts capitalized | (152,177) | (154,551) | (304,539) | (312,159) | |||
Change in derivatives fair value | 43,287 | (1,112) | 90,057 | (30,651) | |||
Loss on debt financing transactions | — | (1,083) | — | (1,083) | |||
Other | (2,746) | (36,164) | (32,180) | (44,538) | |||
Other income (expense), net | (98,862) | (177,051) | (220,796) | (353,213) | |||
Income before income taxes | 198,726 | 87,549 | 359,396 | 179,976 | |||
Provision for income taxes | (16,154) | (10,588) | (26,286) | (21,610) | |||
Net income | 182,572 | 76,961 | 333,110 | 158,366 | |||
Less: net income attributable to noncontrolling interests | (42,510) | (10,743) | (72,594) | (19,401) | |||
Net income attributable to Wynn Resorts, Limited | $ 140,062 | $ 66,218 | $ 260,516 | $ 138,965 | |||
Basic and diluted net income per common share: | |||||||
Net income attributable to Wynn Resorts, Limited: | |||||||
Basic | $ 1.37 | $ 0.64 | $ 2.53 | $ 1.33 | |||
Diluted | $ 1.32 | $ 0.64 | $ 2.36 | $ 1.33 | |||
Weighted average common shares outstanding: | |||||||
Basic | 102,574 | 103,491 | 102,828 | 104,486 | |||
Diluted | 102,983 | 103,780 | 103,390 | 104,749 | |||
WYNN RESORTS, LIMITED AND SUBSIDIARIES RECONCILIATION OF NET INCOME ATTRIBUTABLE TO WYNN RESORTS, LIMITED TO ADJUSTED NET INCOME ATTRIBUTABLE TO WYNN RESORTS, LIMITED (in thousands, except per share data) (unaudited) | |||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||
2026 | 2025 | 2026 | 2025 | ||||
Net income attributable to Wynn Resorts, Limited | $ 140,062 | $ 66,218 | $ 260,516 | $ 138,965 | |||
Pre-opening expenses | 9,232 | 11,286 | 20,977 | 16,573 | |||
Property charges and other | 9,662 | 13,245 | 21,291 | 25,477 | |||
Change in derivatives fair value | (43,287) | 1,112 | (90,057) | 30,651 | |||
Loss on debt financing transactions | — | 1,083 | — | 1,083 | |||
Foreign currency remeasurement and other | 2,746 | 36,164 | 32,180 | 44,538 | |||
Income tax impact on adjustments | (1,254) | (3,178) | (2,384) | (4,854) | |||
Noncontrolling interests impact on adjustments | 10,293 | (12,595) | 14,663 | (25,953) | |||
Adjusted net income attributable to Wynn Resorts, Limited | $ 127,454 | $ 113,335 | $ 257,186 | $ 226,480 | |||
Adjusted net income attributable to Wynn Resorts, Limited per | $ 1.24 | $ 1.09 | $ 2.49 | $ 2.16 | |||
Weighted average common shares outstanding - diluted | 102,983 | 103,780 | 103,390 | 104,749 | |||
WYNN RESORTS, LIMITED AND SUBSIDIARIES RECONCILIATION OF OPERATING INCOME (LOSS) TO ADJUSTED PROPERTY EBITDAR (in thousands) (unaudited) | |||||||||||||||
Three Months Ended June 30, 2026 | |||||||||||||||
Wynn | Wynn | Other | Total |
| Encore | Corporate | Total | ||||||||
Operating income (loss) | $ 113,196 | $ 57,548 | $ (7,908) | $ 162,836 | $ 102,412 | $ (6,365) | $ 38,705 | $ 297,588 | |||||||
Pre-opening expenses | — | 146 | — | 146 | 252 | — | 8,834 | 9,232 | |||||||
Depreciation and amortization | 62,502 | 20,879 | 397 | 83,778 | 63,103 | 14,522 | 4,018 | 165,421 | |||||||
Property charges and other | 1,869 | 2,536 | 3 | 4,408 | 5,134 | 184 | (64) | 9,662 | |||||||
Management and license fees | 20,592 | 10,680 | — | 31,272 | 30,192 | 10,227 | (71,691) | — | |||||||
Corporate expenses and other | 2,245 | 2,281 | 6,765 | 11,291 | 8,309 | 1,746 | 12,863 | 34,209 | |||||||
Stock-based compensation | 1,084 | 1,441 | 743 | 3,268 | 5,824 | 475 | 7,335 | 16,902 | |||||||
Triple-net operating lease rent expense | — | — | — | — | — | 35,295 | — | 35,295 | |||||||
Adjusted Property EBITDAR | $ 201,488 | $ 95,511 | $ — | $ 296,999 | $ 215,226 | $ 56,084 | $ — | $ 568,309 | |||||||
Three Months Ended June 30, 2025 | |||||||||||||||
Wynn | Wynn | Other | Total |
| Encore | Corporate | Total | ||||||||
Operating income (loss) | $ 72,760 | $ 62,988 | $ (7,464) | $ 128,284 | $ 110,457 | $ 1,047 | $ 24,812 | $ 264,600 | |||||||
Pre-opening expenses | 3,004 | — | — | 3,004 | 2,095 | — | 6,187 | 11,286 | |||||||
Depreciation and amortization | 59,344 | 18,280 | 398 | 78,022 | 58,821 | 14,229 | 1,835 | 152,907 | |||||||
Property charges and other | 1,115 | 1,233 | 10 | 2,358 | 8,363 | 1,047 | 1,477 | 13,245 | |||||||
Management and license fees | 17,605 | 10,648 | — | 28,253 | 30,125 | 10,449 | (68,827) | — | |||||||
Corporate expenses and other | 2,045 | 2,079 | 6,137 | 10,261 | 7,594 | 1,585 | 27,006 | 46,446 | |||||||
Stock-based compensation | 1,333 | 1,282 | 919 | 3,534 | 17,357 | 436 | 7,510 | 28,837 | |||||||
Triple-net operating lease rent expense | — | — | — | — | — | 35,066 | — | 35,066 | |||||||
Adjusted Property EBITDAR | $ 157,206 | $ 96,510 | $ — | $ 253,716 | $ 234,812 | $ 63,859 | $ — | $ 552,387 | |||||||
WYNN RESORTS, LIMITED AND SUBSIDIARIES RECONCILIATION OF OPERATING INCOME (LOSS) TO ADJUSTED PROPERTY EBITDAR (in thousands) (unaudited) | |||||||||||||||
Six Months Ended June 30, 2026 | |||||||||||||||
Wynn | Wynn | Other | Total |
| Encore | Corporate | Total | ||||||||
Operating income (loss) | $ 225,986 | $ 98,520 | $ (16,407) | $ 308,099 | $ 215,245 | $ (20,403) | $ 77,251 | $ 580,192 | |||||||
Pre-opening expenses | 662 | 146 | — | 808 | 3,812 | — | 16,357 | 20,977 | |||||||
Depreciation and amortization | 123,735 | 41,252 | 795 | 165,782 | 123,878 | 28,973 | 7,315 | 325,948 | |||||||
Property charges and other | 5,779 | 2,731 | 10 | 8,520 | 9,793 | 2,667 | 311 | 21,291 | |||||||
Management and license fees | 41,898 | 20,778 | — | 62,676 | 61,222 | 20,176 | (144,074) | — | |||||||
Corporate expenses and other | 4,790 | 4,950 | 14,057 | 23,797 | 16,416 | 3,579 | 25,227 | 69,019 | |||||||
Stock-based compensation | 2,460 | 2,750 | 1,545 | 6,755 | 17,320 | 952 | 17,613 | 42,640 | |||||||
Triple-net operating lease rent expense | — | — | — | — | — | 70,659 | — | 70,659 | |||||||
Adjusted Property EBITDAR | $ 405,310 | $ 171,127 | $ — | $ 576,437 | $ 447,686 | $ 106,603 | $ — | ||||||||
Six Months Ended June 30, 2025 | |||||||||||||||
Wynn | Wynn | Other | Total |
| Encore | Corporate | Total | ||||||||
Operating income (loss) | $ 155,325 | $ 115,730 | $ (15,623) | $ 255,432 | $ 226,536 | $ (9,688) | $ 60,909 | $ 533,189 | |||||||
Pre-opening expenses | 4,204 | — | — | 4,204 | 2,855 | — | 9,514 | 16,573 | |||||||
Depreciation and amortization | 115,781 | 37,504 | 796 | 154,081 | 121,449 | 28,195 | 4,603 | 308,328 | |||||||
Property charges and other | 1,823 | 5,439 | 16 | 7,278 | 9,065 | 6,563 | 2,571 | 25,477 | |||||||
Management and license fees | 35,105 | 21,021 | — | 56,126 | 59,448 | 20,590 | (136,164) | — | |||||||
Corporate expenses and other | 4,251 | 4,394 | 12,887 | 21,532 | 15,488 | 3,273 | 42,734 | 83,027 | |||||||
Stock-based compensation | 2,602 | 2,621 | 1,924 | 7,147 | 23,332 | 1,925 | 15,833 | 48,237 | |||||||
Triple-net operating lease rent expense | — | — | — | — | — | 70,455 | — | 70,455 | |||||||
Adjusted Property EBITDAR | $ 319,091 | $ 186,709 | $ — | $ 505,800 | $ 458,173 | $ 121,313 | $ — | ||||||||
WYNN RESORTS, LIMITED AND SUBSIDIARIES RECONCILIATION OF NET INCOME ATTRIBUTABLE TO WYNN RESORTS, LIMITED TO ADJUSTED PROPERTY EBITDAR (in thousands) (unaudited) | |||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||
2026 | 2025 | 2026 | 2025 | ||||
Net income attributable to Wynn Resorts, Limited | $ 140,062 | $ 66,218 | $ 260,516 | $ 138,965 | |||
Net income attributable to noncontrolling interests | 42,510 | 10,743 | 72,594 | 19,401 | |||
Pre-opening expenses | 9,232 | 11,286 | 20,977 | 16,573 | |||
Depreciation and amortization | 165,421 | 152,907 | 325,948 | 308,328 | |||
Property charges and other | 9,662 | 13,245 | 21,291 | 25,477 | |||
Triple-net operating lease rent expense | 35,295 | 35,066 | 70,659 | 70,455 | |||
Corporate expenses and other | 34,209 | 46,446 | 69,019 | 83,027 | |||
Stock-based compensation | 16,902 | 28,837 | 42,640 | 48,237 | |||
Interest income | (12,774) | (15,859) | (25,866) | (35,218) | |||
Interest expense, net of amounts capitalized | 152,177 | 154,551 | 304,539 | 312,159 | |||
Change in derivatives fair value | (43,287) | 1,112 | (90,057) | 30,651 | |||
Loss on debt financing transactions | — | 1,083 | — | 1,083 | |||
Other | 2,746 | 36,164 | 32,180 | 44,538 | |||
Provision for income taxes | 16,154 | 10,588 | 26,286 | 21,610 | |||
Adjusted Property EBITDAR | $ 568,309 | $ 552,387 | |||||
WYNN RESORTS, LIMITED AND SUBSIDIARIES SUPPLEMENTAL DATA SCHEDULE (dollars in thousands, except for win per unit per day, ADR and REVPAR) (unaudited) | |||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||
2026 | 2025 | Percent | 2026 | 2025 | Percent | ||||||
Wynn Palace Supplemental Information | |||||||||||
Operating revenues | |||||||||||
Casino | $ 564,356 | $ 448,298 | 25.9 | $ 892,806 | 26.5 | ||||||
Rooms | 36,188 | 38,481 | (6.0) | 73,822 | 75,096 | (1.7) | |||||
Food and beverage | 31,785 | 30,446 | 4.4 | 64,820 | 62,184 | 4.2 | |||||
Entertainment, retail and other | 21,070 | 22,416 | (6.0) | 44,822 | 45,484 | (1.5) | |||||
Total | $ 653,399 | $ 539,641 | 21.1 | 22.1 | |||||||
Adjusted Property EBITDAR (6) | $ 201,488 | $ 157,206 | 28.2 | $ 405,310 | $ 319,091 | 27.0 | |||||
Casino statistics: | |||||||||||
VIP: | |||||||||||
Average number of table games | 47 | 52 | (9.6) | 49 | 54 | (9.3) | |||||
VIP turnover | (32.0) | (12.3) | |||||||||
VIP table games win (1) | $ 82,313 | $ 116,471 | (29.3) | $ 216,555 | $ 221,003 | (2.0) | |||||
VIP table games win as a % of turnover | 2.97 % | 2.86 % | 3.06 % | 2.74 % | |||||||
Table games win per unit per day | $ 19,174 | $ 24,438 | (21.5) | $ 24,589 | $ 22,735 | 8.2 | |||||
Mass market: | |||||||||||
Average number of table games | 287 | 249 | 15.3 | 281 | 248 | 13.3 | |||||
Table drop (2) | 3.0 | 9.1 | |||||||||
Table games win (1) | $ 563,348 | $ 411,604 | 36.9 | $ 833,996 | 30.4 | ||||||
Table games win % | 29.7 % | 22.3 % | 28.1 % | 23.5 % | |||||||
Table games win per unit per day | $ 21,590 | $ 18,171 | 18.8 | $ 21,392 | $ 18,566 | 15.2 | |||||
Average number of slot machines | 721 | 627 | 15.0 | 722 | 638 | 13.2 | |||||
Slot machine handle | $ 960,344 | $ 757,815 | 26.7 | 22.0 | |||||||
Slot machine win (3) | $ 40,695 | $ 32,482 | 25.3 | $ 76,151 | $ 61,838 | 23.1 | |||||
Slot machine win per unit per day | $ 620 | $ 569 | 9.0 | $ 582 | $ 535 | 8.8 | |||||
Room statistics: | |||||||||||
Occupancy | 98.9 % | 98.7 % | 99.0 % | 98.5 % | |||||||
ADR (4) | $ 219 | $ 232 | (5.6) | $ 224 | $ 227 | (1.3) | |||||
REVPAR (5) | $ 216 | $ 229 | (5.7) | $ 222 | $ 224 | (0.9) | |||||
WYNN RESORTS, LIMITED AND SUBSIDIARIES SUPPLEMENTAL DATA SCHEDULE (dollars in thousands, except for win per unit per day, ADR and REVPAR) (unaudited) (continued) | |||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||
2026 | 2025 | Percent | 2026 | 2025 | Percent | ||||||
Wynn Macau Supplemental Information | |||||||||||
Operating revenues | |||||||||||
Casino | $ 300,726 | $ 293,380 | 2.5 | $ 577,458 | $ 568,930 | 1.5 | |||||
Rooms | 20,907 | 21,742 | (3.8) | 42,227 | 45,039 | (6.2) | |||||
Food and beverage | 16,761 | 17,020 | (1.5) | 36,031 | 35,812 | 0.6 | |||||
Entertainment, retail and other | 12,692 | 11,671 | 8.7 | 25,222 | 23,992 | 5.1 | |||||
Total | $ 351,086 | $ 343,813 | 2.1 | $ 680,938 | $ 673,773 | 1.1 | |||||
Adjusted Property EBITDAR (6) | $ 95,511 | $ 96,510 | (1.0) | $ 171,127 | $ 186,709 | (8.3) | |||||
Casino statistics: | |||||||||||
VIP: | |||||||||||
Average number of table games | 10 | 21 | (52.4) | 11 | 25 | (56.0) | |||||
VIP turnover | $ 428,101 | $ 981,735 | (56.4) | (58.1) | |||||||
VIP table games win (1) | $ 11,044 | $ 33,438 | (67.0) | $ 13,321 | $ 49,152 | (72.9) | |||||
VIP table games win as a % of turnover | 2.58 % | 3.41 % | 1.31 % | 2.03 % | |||||||
Table games win per unit per day | $ 11,576 | $ 17,571 | (34.1) | $ 6,505 | $ 10,777 | (39.6) | |||||
Mass market: | |||||||||||
Average number of table games | 213 | 231 | (7.8) | 216 | 226 | (4.4) | |||||
Table drop (2) | 8.3 | 15.7 | |||||||||
Table games win (1) | $ 300,200 | $ 280,836 | 6.9 | $ 588,325 | $ 569,385 | 3.3 | |||||
Table games win % | 17.1 % | 17.4 % | 16.1 % | 18.0 % | |||||||
Table games win per unit per day | $ 15,453 | $ 13,346 | 15.8 | $ 15,025 | $ 13,916 | 8.0 | |||||
Average number of slot machines | 922 | 751 | 22.8 | 916 | 740 | 23.8 | |||||
Slot machine handle | 18.0 | 30.5 | |||||||||
Slot machine win (3) | $ 34,925 | $ 25,193 | 38.6 | $ 71,138 | $ 49,560 | 43.5 | |||||
Slot machine win per unit per day | $ 416 | $ 369 | 12.7 | $ 429 | $ 370 | 15.9 | |||||
Room statistics: | |||||||||||
Occupancy | 99.3 % | 99.4 % | 99.5 % | 99.2 % | |||||||
ADR (4) | $ 209 | $ 216 | (3.2) | $ 216 | $ 225 | (4.0) | |||||
REVPAR (5) | $ 208 | $ 215 | (3.3) | $ 215 | $ 223 | (3.6) | |||||
WYNN RESORTS, LIMITED AND SUBSIDIARIES SUPPLEMENTAL DATA SCHEDULE (dollars in thousands, except for win per unit per day, ADR and REVPAR) (unaudited) (continued) | |||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||
2026 | 2025 | Percent | 2026 | 2025 | Percent | ||||||
Las Vegas Operations Supplemental Information | |||||||||||
Operating revenues | |||||||||||
Casino | $ 158,104 | $ 148,502 | 6.5 | $ 336,295 | $ 309,495 | 8.7 | |||||
Rooms | 208,132 | 207,981 | 0.1 | 420,693 | 403,849 | 4.2 | |||||
Food and beverage | 195,688 | 194,861 | 0.4 | 384,416 | 374,303 | 2.7 | |||||
Entertainment, retail and other | 81,244 | 87,289 | (6.9) | 163,673 | 176,271 | (7.1) | |||||
Total | $ 643,168 | $ 638,633 | 0.7 | 3.3 | |||||||
Adjusted Property EBITDAR (6) | $ 215,226 | $ 234,812 | (8.3) | $ 447,686 | $ 458,173 | (2.3) | |||||
Casino statistics: | |||||||||||
Average number of table games | 242 | 232 | 4.3 | 242 | 234 | 3.4 | |||||
Table drop (2) | $ 638,243 | $ 609,232 | 4.8 | 10.1 | |||||||
Table games win (1) | $ 152,660 | $ 132,975 | 14.8 | $ 325,065 | $ 277,036 | 17.3 | |||||
Table games win % | 23.9 % | 21.8 % | 24.6 % | 23.1 % | |||||||
Table games win per unit per day | $ 6,922 | $ 6,300 | 9.9 | $ 7,426 | $ 6,538 | 13.6 | |||||
Average number of slot machines | 1,558 | 1,564 | (0.4) | 1,566 | 1,577 | (0.7) | |||||
Slot machine handle | 3.0 | 2.6 | |||||||||
Slot machine win (3) | $ 117,009 | $ 123,606 | (5.3) | $ 237,344 | $ 246,850 | (3.9) | |||||
Slot machine win per unit per day | $ 825 | $ 868 | (5.0) | $ 837 | $ 865 | (3.2) | |||||
Poker rake | $ 7,712 | $ 8,103 | (4.8) | $ 11,511 | $ 12,434 | (7.4) | |||||
Room statistics: | |||||||||||
Occupancy | 87.1 % | 89.2 % | 86.3 % | 88.3 % | |||||||
ADR (4) | $ 575 | $ 548 | 4.9 | $ 583 | $ 538 | 8.4 | |||||
REVPAR (5) | $ 501 | $ 489 | 2.5 | $ 504 | $ 475 | 6.1 | |||||
WYNN RESORTS, LIMITED AND SUBSIDIARIES SUPPLEMENTAL DATA SCHEDULE (dollars in thousands, except for win per unit per day, ADR, and REVPAR) (unaudited) (continued) | |||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||
2026 | 2025 | Percent | 2026 | 2025 | Percent | ||||||
Encore Boston Harbor Supplemental Information | |||||||||||
Operating revenues | |||||||||||
Casino | $ 152,102 | $ 161,654 | (5.9) | $ 309,495 | $ 321,033 | (3.6) | |||||
Rooms | 25,076 | 22,849 | 9.7 | 43,942 | 41,590 | 5.7 | |||||
Food and beverage | 20,110 | 18,730 | 7.4 | 38,096 | 38,637 | (1.4) | |||||
Entertainment, retail and other | 11,992 | 12,477 | (3.9) | 23,410 | 23,673 | (1.1) | |||||
Total | $ 209,280 | $ 215,710 | (3.0) | $ 414,943 | $ 424,933 | (2.4) | |||||
Adjusted Property EBITDAR (6) | $ 56,084 | $ 63,859 | (12.2) | $ 106,603 | $ 121,313 | (12.1) | |||||
Casino statistics: | |||||||||||
Average number of table games | 172 | 172 | — | 172 | 172 | — | |||||
Table drop (2) | $ 348,381 | $ 338,184 | 3.0 | $ 672,657 | $ 678,246 | (0.8) | |||||
Table games win (1) | $ 62,913 | $ 72,016 | (12.6) | $ 128,336 | $ 141,898 | (9.6) | |||||
Table games win % | 18.1 % | 21.3 % | 19.1 % | 20.9 % | |||||||
Table games win per unit per day | $ 4,021 | $ 4,601 | (12.6) | $ 4,123 | $ 4,558 | (9.5) | |||||
Average number of slot machines | 2,570 | 2,718 | (5.4) | 2,676 | 2,718 | (1.5) | |||||
Slot machine handle | 1.9 | 0.5 | |||||||||
Slot machine win (3) | $ 110,444 | $ 109,472 | 0.9 | $ 220,024 | $ 216,954 | 1.4 | |||||
Slot machine win per unit per day | $ 472 | $ 443 | 6.5 | $ 454 | $ 441 | 2.9 | |||||
Poker rake | $ 5,530 | $ 5,430 | 1.8 | $ 10,904 | $ 11,072 | (1.5) | |||||
Room statistics: | |||||||||||
Occupancy | 92.7 % | 92.9 % | 89.3 % | 90.5 % | |||||||
ADR (4) | $ 445 | $ 405 | 9.9 | $ 407 | $ 382 | 6.5 | |||||
REVPAR (5) | $ 412 | $ 376 | 9.6 | $ 363 | $ 346 | 4.9 | |||||
(1) | Table games win is shown before discounts, commissions and the allocation of casino revenues to rooms, food and beverage and other revenues for services provided to casino customers on a complimentary basis. |
(2) | In Macau, table drop is the amount of cash that is deposited in a gaming table's drop box plus cash chips purchased at the casino cage. In |
(3) | Slot machine win is calculated as gross slot machine win minus progressive accruals and free play. |
(4) | ADR is average daily rate and is calculated by dividing total room revenues including complimentaries (less service charges, if any) by total rooms occupied. |
(5) | REVPAR is revenue per available room and is calculated by dividing total room revenues including complimentaries (less service charges, if any) by total rooms available. |
(6) | Refer to accompanying reconciliations of Operating Income (Loss) to Adjusted Property EBITDAR and Net Income Attributable to Wynn Resorts, Limited to Adjusted Property EBITDAR. |
CONTACT:
Lauren Seiler
702-770-7555
investorrelations@wynnresorts.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/wynn-resorts-limited-reports-second-quarter-2026-results-302842811.html
SOURCE Wynn Resorts, Limited