Bally's Corporation (BALY) Income Statement
BALY 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBALY revenue and net income
Where BALY's revenue goes
2025Each bar shows an amount and its share of revenue. BALY kept −26.4% of revenue as net income.
BALY profit margins
BALY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.4% | +5.6% | +48.1% | — |
| Gross profit | −14.0% | −2.9% | +37.3% | — |
| Operating income | — | −44.7% | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BALY quarterly EPS vs estimates
Bally's beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 11, 2026 (estimate $-2.10).
BALY income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.66B | $2.45B | $2.45B | $2.26B | $1.32B | $372.8M | $523.6M | $437.5M | $421.1M | $414.8M |
| Cost of revenue | $1.52B | $1.12B | $1.11B | $1.01B | $535.1M | $138.7M | $185.2M | $135.2M | $119.6M | $123.5M |
| Gross profit | $1.14B | $1.33B | $1.34B | $1.25B | $787.4M | $234.1M | $338.4M | $302.3M | $301.4M | $291.3M |
| Sales, general & admin | $771.3M | $986.0M | $1.03B | $774.9M | $544.5M | $206.0M | $180.4M | $146.0M | $155.5M | $148.7M |
| Total operating expenses | $1.11B | $1.59B | $1.24B | $1.08B | $641.4M | $252.5M | $223.8M | $181.6M | $177.7M | $178.8M |
| Operating income | $28.8M | −$258.3M | $104.0M | $169.7M | $145.9M | −$18.4M | $114.6M | $120.6M | $123.7M | $112.5M |
| Interest income | — | $20.7M | $6.1M | $1.1M | $2.2M | $612,000 | $1.9M | $173,000 | $194,000 | $180,000 |
| Interest expense | $400.8M | $310.3M | $277.6M | $208.8M | $117.9M | $62.6M | $39.8M | $23.0M | $22.8M | $26.6M |
| Income before taxes | −$668.3M | −$552.5M | −$185.7M | −$454.5M | −$119.1M | −$74.8M | $75.2M | $97.8M | $101.1M | $83.4M |
| Income taxes | $48.2M | $15.3M | $1.8M | −$28.9M | −$4.4M | −$69.3M | $20.1M | $26.4M | $38.9M | $38.6M |
| Net income | −$701.1M | −$567.8M | −$187.5M | −$425.5M | −$114.7M | −$5.5M | $55.1M | $71.4M | $62.2M | $44.8M |
| EBITDA | $344.2M | $421.4M | $310.2M | $54.9M | $143.6M | $25.7M | $158.0M | $156.3M | $145.9M | $142.6M |
| EPS (diluted) | −$4.02 | −$5.76 | −$3.73 | −$0.23 | −$0.44 | −$0.02 | $1.79 | $1.86 | $1.62 | $1.15 |
| Gross margin | 43.0% | 54.2% | 54.9% | 55.3% | 59.5% | 62.8% | 64.6% | 69.1% | 71.6% | 70.2% |
| Operating margin | 1.1% | −10.5% | 4.2% | 7.5% | 11.0% | −4.9% | 21.9% | 27.6% | 29.4% | 27.1% |
| Net margin | −26.4% | −23.2% | −7.7% | −18.9% | −8.7% | −1.5% | 10.5% | 16.3% | 14.8% | 10.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $792.2M | $755.7M | $746.2M | $663.7M | $657.5M | $589.2M | $580.4M | $630.0M | $621.7M | $618.5M | $611.7M | $632.5M |
| Cost of revenue | $826.3M | $453.9M | $446.3M | $291.9M | $290.0M | $337.0M | $267.8M | $286.2M | $284.9M | $284.3M | $276.8M | $287.2M |
| Gross profit | −$34.0M | $301.8M | $299.9M | $371.8M | $367.5M | $252.2M | $312.6M | $343.7M | $336.8M | $334.2M | $334.9M | $345.3M |
| Sales, general & admin | $334.2M | $316.0M | — | $292.5M | $274.4M | $241.4M | $400.7M | $215.8M | $228.2M | $224.2M | $502.3M | $166.6M |
| Total operating expenses | $425.9M | $300.6M | $334.2M | $341.0M | $369.9M | $241.4M | $344.9M | $335.3M | $311.0M | $408.2M | $650.8M | $308.1M |
| Operating income | −$34.0M | $1.2M | −$34.3M | $30.8M | −$2.4M | $10.8M | −$32.3M | $8.4M | $25.8M | −$74.0M | −$315.9M | $37.2M |
| Interest expense | $121.2M | $112.5M | $108.1M | $105.9M | $97.5M | $80.4M | $89.0M | $74.0M | $74.2M | $73.1M | $76.6M | $70.6M |
| Income before taxes | −$177.6M | −$164.1M | −$364.9M | −$147.5M | −$43.0M | −$112.9M | −$66.8M | −$281.5M | −$61.7M | −$142.5M | −$429.6M | −$17.9M |
| Income taxes | −$13.6M | −$3.2M | $526,000 | −$41.3M | $185.4M | −$96.4M | $19.0M | −$33.6M | −$1.5M | $31.4M | −$151.3M | $43.9M |
| Net income | −$146.1M | −$161.9M | −$353.2M | −$102.9M | −$228.4M | −$16.5M | −$85.8M | −$247.9M | −$60.2M | −$173.9M | −$278.4M | −$61.8M |
| EBITDA | $90.4M | $43.2M | $61.3M | $36.7M | $93.1M | $80.7M | $52.3M | −$115.0M | $120.2M | $110.0M | −$233.9M | $134.7M |
| EPS (diluted) | −$2.41 | −$2.00 | −$0.87 | −$3.85 | −$0.77 | $1.47 | −$1.75 | −$0.33 | −$0.55 | −$3.13 | −$2.29 | −$1.06 |
| Gross margin | −4.3% | 39.9% | 40.2% | 56.0% | 55.9% | 42.8% | 53.9% | 54.6% | 54.2% | 54.0% | 54.7% | 54.6% |
| Operating margin | −4.3% | 0.2% | −4.6% | 4.6% | −0.4% | 1.8% | −5.6% | 1.3% | 4.1% | −12.0% | −51.7% | 5.9% |
| Net margin | −18.4% | −21.4% | −47.3% | −15.5% | −34.7% | −2.8% | −14.8% | −39.3% | −9.7% | −28.1% | −45.5% | −9.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BALY's financial statements (latest annual report filed March 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BALY financial results
In fiscal year 2025 (ended December 31, 2025), Bally's reported revenue of $2.7 billion, up 8.4% from the year before. It had a net loss of $701.1 million, a net profit margin of −26.4%. Diluted earnings per share came to −$4.02. Over five years revenue grew at an average rate of 48.1% a year.
See the BALY stock overview for the latest quote and news, or the BALY chart for price history and technical indicators.
BALY income statement FAQ
What is Bally's's annual revenue?
Bally's reported total revenue of $2.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 8.4% from $2.5 billion the previous year.
Is Bally's profitable?
No. Bally's reported a net loss of $701.1 million in fiscal 2025, a net profit margin of −26.4%; its operating margin was 1.1%.
What is Bally's's gross margin?
Bally's's gross margin was 43.0% in fiscal 2025: for every $100 of revenue, Bally's kept $43 after the direct cost of its products and services.
How fast is Bally's growing?
Revenue grew 48.1% a year on average over the last five fiscal years, from $372.8 million to $2.7 billion.
What are Bally's's earnings per share?
Bally's earned $-4.02 per diluted share in fiscal 2025, compared with $-5.76 a year earlier.
When will Bally's report its next earnings?
Bally's is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does Bally's's fiscal year end?
Bally's's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 23, 2026.