Every 10-Q that Boyd Gaming Corp (BYD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BYD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BYD filings page.
Boyd Gaming Corporation reported total revenues of 1,034,386 (in thousands) for the quarter ended June 30, 2026, essentially flat versus 1,033,998 (in thousands) a year earlier. Operating income declined to 200,698 (in thousands) from 242,370 (in thousands), and net income attributable to Boyd Gaming was 131,234 (in thousands), compared with 151,458 (in thousands). Basic and diluted earnings per share were $1.75, down from $1.84.
For the first six months of 2026, revenues were 2,031,741 (in thousands), while net income attributable to Boyd Gaming was 236,776 (in thousands) versus 262,877 (in thousands) in the prior-year period. Net cash provided by operating activities fell to 110,803 (in thousands) from 461,412 (in thousands), amid higher working capital outflows and significant activity related to transferable federal energy tax credits, including $341.0 million of payments for credits purchased in 2025.
During the period, Boyd completed the $53.3 million acquisition of Design Works Studios, adding $32.1 million of goodwill and new B2B and technology intangibles to its Online segment. The company also entered into an amended and restated $2.65 billion senior secured Credit Facility and ended June 30, 2026 with cash, cash equivalents and restricted cash of 328,795 (in thousands), long-term debt, net, of 2,613,755 (in thousands), and remaining contractual borrowing availability under its Credit Facility of 1,894,700 (in thousands). Boyd continued to return capital through 311,054 (in thousands) of share repurchases for 3,713 (in thousands) shares and dividends of $0.20 per share each in April and July 2026, while investing heavily in growth projects including the Norfolk Casino, where aggregate expenditures are expected to total approximately $750.0 million.
Boyd Gaming Corporation generated Q1 2026 total revenues of $997.4 million, roughly flat versus $991.6 million a year earlier. Gaming remained the core driver at $650.5 million, while online revenue declined to $26.2 million as online reimbursements rose to $135.4 million.
Net income attributable to Boyd Gaming was $105.5 million, down from $111.4 million, though diluted EPS edged up to $1.37 from $1.31 on a smaller share count. Adjusted EBITDAR was $317.4 million versus $337.5 million, reflecting higher depreciation and project development and writedown expenses of $20.3 million.
Operating cash flow was $134.3 million, while capital expenditures totaled $155.2 million as the company invests heavily in growth, including the Norfolk, Virginia casino project with an expected aggregate spend of about $750 million and roughly $300 million planned in 2026. Boyd refinanced its bank debt with a new $2.65 billion secured credit facility and ended the quarter with $2.3 billion of long-term debt and $378.3 million in cash, cash equivalents and restricted cash. The company repurchased 1.85 million shares for $155.0 million at an average $83.94 and paid a quarterly dividend of $0.20 per share.
Boyd Gaming (BYD) reported Q3 2025 results and a major portfolio move. The company sold its 5% equity interest in FanDuel for $1,758.0 million in cash, recognizing a large gain that lifted quarterly net income to $1,439.0 million. An income tax payable of $375.9 million was recorded on the sale.
Q3 revenue was $1,004.4 million, up from $961.2 million a year ago, with gaming revenue of $657.4 million. Operating income was $139.8 million versus $220.0 million last year, reflecting $65.1 million in asset impairments. Year‑to‑date operating cash flow reached $701.4 million, funding $439.9 million of capex.
Balance sheet metrics improved: long‑term debt fell to $1,892.5 million from $3,132.6 million at year‑end, aided by transaction proceeds. Share count declined through repurchases, with 78,645,912 shares outstanding at September 30, 2025, and 78,122,443 as of October 27, 2025. The company continued its dividend at $0.18 per share.