Financials in USD. Standardized financial statements.
A compact view of how Light & Wonder, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.31B | $3.19B | $2.90B | $2.51B | $2.15B | $1.70B | $2.39B | $3.36B | $3.08B | $2.88B |
| Revenue Growth? | +4.0% | +9.9% | +15.5% | +16.7% | +26.7% | -28.9% | -29.0% | +9.1% | +6.9% | 0.0% |
| Cost of Revenue? | $0 | $931.00M | $872.00M | $738.00M | $609.00M | $610.00M | $746.00M | $1.26B | $1.16B | $1.11B |
| Gross Profit? | $0 | $2.26B | $2.03B | $1.77B | $1.54B | $1.09B | $1.64B | $2.11B | $1.92B | $1.78B |
| Gross Margin? | 0.0% | +70.8% | +70.0% | +70.6% | +71.7% | +64.1% | +68.8% | +62.7% | +62.2% | +61.6% |
| Operating Expenses? | $2.63B | $1.59B | $1.51B | $1.50B | $1.43B | $1.33B | $1.35B | $1.84B | $1.53B | $1.65B |
| Operating Income? | $683.00M | $668.00M | $518.00M | $273.00M | $110.00M | -$245.00M | $290.00M | $265.60M | $393.10M | $130.60M |
| EBITDA? | $1.08B | $1.07B | $898.00M | $584.00M | $582.00M | $148.00M | $754.00M | $950.20M | $1.06B | $909.90M |
| Income Before Tax | $365.00M | $421.00M | $205.00M | -$163.00M | -$294.00M | -$804.00M | -$377.00M | -$339.30M | -$227.80M | -$478.70M |
| Income Tax Expense | -$89.00M | $85.00M | $25.00M | $13.00M | -$318.00M | -$3.00M | -$47.00M | $13.10M | $14.50M | -$125.00M |
| Net Income? | $454.00M | $336.00M | $163.00M | $3.67B | $371.00M | -$569.00M | -$130.00M | -$352.40M | -$242.30M | -$353.70M |
| EPS? | $5.47 | $3.77 | $1.79 | $38.78 | $3.86 | $-5.79 | $-1.27 | $-3.87 | $-2.72 | $-4.05 |
| Diluted EPS? | $5.34 | $3.68 | $1.75 | $-1.85 | $3.77 | $-5.77 | $-1.27 | $-3.87 | $-2.72 | $-4.05 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality