Every 10-Q that Red Rock Resorts Inc (RRR) 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 RRR 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 RRR filings page.
Red Rock Resorts, Inc., a Las Vegas locals-focused gaming and entertainment operator, reported softer results for the quarter ended June 30, 2026. Net revenues were $510,262 (amounts in thousands), down 3.0% from $526,273, and operating income fell to $135,996 from $168,028. Net income was $76,592 versus $108,253, with net income attributable to Red Rock declining to $39,118 from $56,404; basic earnings per Class A share were $0.68 versus $0.96. Adjusted EBITDA was $208,044 compared with $229,359, as higher SG&A and depreciation offset largely stable casino revenue.
For the first six months of 2026, net revenues were $1,017,581, slightly below $1,024,134 a year earlier, while net income decreased to $159,312 from $194,203 and Adjusted EBITDA to $420,672 from $444,439. Cash from operating activities rose to $297,770, but heavy capital spending of $257,007 and higher construction payables supported property projects and the North Fork tribal development. Total long-term debt reached $3,579,856, including $345,000 outstanding under the revolving credit facility, and the company remained in compliance with its secured leverage covenant. The North Fork Project, expected to cost approximately $750 million and open in the fourth quarter of 2026, generated $5.7 million of development fees and $2.8 million of reimbursable management-fee revenue year-to-date.
Red Rock continued returning capital through dividends and buybacks. In 2026 it paid quarterly cash dividends of $0.52 per Class A share plus a $1.00 special dividend in February, and announced another $0.26 dividend payable September 30, 2026. It repurchased 635,657 Class A shares for $38.3 million, leaving $486.0 million under its $900.0 million authorization. Noncontrolling interest holders owned 41.1% of Station Holdco’s LLC Units at June 30, 2026, while entities affiliated with Frank and Lorenzo Fertitta retained voting control via Class B shares.
Red Rock Resorts reported Q1 2026 net revenues of $507.3 million, up 1.9% from $497.9 million a year ago, as casino, food and beverage and other revenues all grew modestly while room revenue declined 9.3% due partly to renovations.
Net income attributable to Red Rock was $42.9 million versus $44.7 million, with diluted EPS of $0.73. Adjusted EBITDA was $212.6 million compared with $215.1 million, as higher depreciation, SG&A and development spending offset revenue gains.
The company generated $139.8 million in operating cash flow, spent $117.2 million on capital projects and ended the quarter with $134.0 million in cash and $3.55 billion of long-term debt. It paid a $0.26 regular dividend and a $1.00 special dividend, repurchased $38.3 million of Class A shares and still has $486 million authorized for future buybacks.
Red Rock also recorded $4.7 million of Native American management and development fees tied to the North Fork Project in California, which is expected to cost about $750 million and is currently under construction with opening targeted for late 2026.
Red Rock Resorts (RRR) reported Q3 2025 results with net revenues of $475,572, up slightly year over year. Operating income was $131,484 and net income rose to $76,880, lifting diluted EPS to $0.68 from $0.48. Casino revenue led at $319,490, while food & beverage was $85,523 and room revenue was $41,568.
Adjusted EBITDA was $190,868, reflecting stable Las Vegas operations and initial Native American development fees of $3,894. Interest expense eased to $50,486, supporting stronger bottom-line results.
Balance sheet and cash flows: Long-term debt totaled $3,363,640, and revolver availability was $933.2 million at quarter end. Operating cash flow for the first nine months was $452,956, funding $240,118 of capex and shareholder returns. The company paid quarterly dividends of $0.25 per share and declared a $0.26 dividend payable on December 31, 2025. Year-to-date repurchases were 763,914 shares for $36.4 million; the buyback authorization was extended and increased to $572.5 million in October.
Development update: RRR recognized $8,476 in gain and $13,902 in development fee revenue year to date from the North Fork Project financing; construction is underway with opening targeted for the fourth quarter of 2026.