Wynn Resorts, Limited (WYNN) Income Statement
WYNN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWYNN revenue and net income
Where WYNN's revenue goes
2025Each bar shows an amount and its share of revenue. WYNN kept 4.6% of revenue as net income.
WYNN profit margins
WYNN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.1% | +23.9% | +27.8% | +5.8% |
| Gross profit | −24.7% | +19.6% | +46.0% | +4.2% |
| Operating income | +2.1% | — | — | +5.8% |
| Net income | −34.7% | — | — | +5.3% |
| EPS (diluted) | −30.5% | — | — | +2.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WYNN quarterly EPS vs estimates
Wynn Resorts beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.88).
WYNN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.14B | $7.13B | $6.53B | $3.76B | $3.76B | $2.10B | $6.61B | $6.72B | $6.31B | $4.47B |
| Cost of revenue | $4.80B | $4.03B | $3.71B | $2.39B | $2.56B | $1.74B | $4.07B | $4.09B | $3.96B | $2.77B |
| Gross profit | $2.34B | $3.10B | $2.82B | $1.37B | $1.21B | $352.6M | $2.54B | $2.63B | $2.34B | $1.69B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $1.12B | $1.08B | $1.07B | $830.5M | $796.6M | $720.8M | $958.0M | $802.0M | $723.3M | $585.1M |
| Total operating expenses | $1.18B | $1.97B | $1.98B | $1.47B | $1.60B | $1.58B | $1.67B | $1.36B | $1.26B | $1.12B |
| Operating income | $1.16B | $1.13B | $840.2M | −$100.7M | −$394.5M | −$1.23B | $878.3M | $747.3M | $1.06B | $521.7M |
| Interest income | $66.5M | $130.3M | $149.7M | $29.8M | $3.2M | $15.4M | $24.4M | $29.9M | $31.2M | $13.5M |
| Interest expense | $625.6M | $688.4M | $751.5M | $650.9M | $605.6M | $556.5M | $414.0M | $381.8M | $388.7M | $289.4M |
| Income before taxes | $514.1M | $643.4M | $285.4M | −$700.0M | −$1.01B | −$1.76B | $488.2M | $317.5M | $560.3M | $310.6M |
| Income taxes | $105.0M | $3.7M | −$496.8M | $9.3M | $474,000 | $564.7M | $176.8M | −$497.3M | −$329.0M | $8.1M |
| Net income | $327.3M | $501.1M | $730.0M | −$423.9M | −$755.8M | −$2.07B | $123.0M | $584.2M | $747.2M | $242.0M |
| EBITDA | $1.76B | $1.99B | $1.72B | $643.2M | $310.0M | −$480.3M | $1.53B | $1.75B | $1.61B | $950.6M |
| EPS (diluted) | $4.19 | $6.03 | $4.10 | −$4.46 | −$6.14 | −$19.17 | $2.60 | $6.57 | $5.34 | $3.39 |
| Gross margin | 32.7% | 43.5% | 43.2% | 36.4% | 32.0% | 16.8% | 38.5% | 39.2% | 37.2% | 37.9% |
| Operating margin | 16.2% | 15.9% | 12.9% | −2.7% | −10.5% | −58.8% | 13.3% | 11.1% | 16.7% | 11.7% |
| Net margin | 4.6% | 7.0% | 11.2% | −11.3% | −20.1% | −98.6% | 1.9% | 8.7% | 11.8% | 5.4% |
| 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 | $1.86B | $1.86B | $1.87B | $1.83B | $1.74B | $1.70B | $1.84B | $1.69B | $1.73B | $1.86B | $1.84B | $1.67B |
| Cost of revenue | $1.10B | $1.11B | $1.27B | $1.08B | $1.01B | $981.8M | $1.04B | $977.2M | $979.3M | $1.03B | $1.02B | $958.9M |
| Gross profit | $759.9M | $745.8M | $596.4M | $756.3M | $726.2M | $718.6M | $803.3M | $716.1M | $753.6M | $828.6M | $817.3M | $713.0M |
| Sales, general & admin | $270.1M | $275.2M | $285.4M | $275.0M | $280.8M | $275.7M | $274.7M | $271.8M | $267.2M | $273.7M | $281.8M | $268.4M |
| Total operating expenses | $460.8M | $451.4M | $307.1M | $445.8M | $461.6M | $450.0M | $436.4M | $582.9M | $483.9M | $465.6M | $459.6M | $650.4M |
| Operating income | $299.2M | $294.3M | $289.3M | $310.5M | $264.6M | $268.6M | $366.9M | $133.2M | $269.7M | $362.9M | $357.7M | $62.6M |
| Interest income | $12.8M | $13.1M | $14.7M | $16.6M | $15.9M | $19.4M | $24.6M | $30.7M | $34.9M | $40.2M | $44.9M | $46.5M |
| Interest expense | $152.2M | $152.4M | $155.8M | $157.6M | $154.6M | $157.6M | $163.5M | $167.9M | $174.6M | $182.4M | $185.0M | $188.6M |
| Income before taxes | $198.7M | $160.7M | $144.6M | $189.6M | $87.5M | $92.4M | $281.0M | $11.7M | $154.2M | $196.5M | $274.4M | −$123.3M |
| Income taxes | $16.2M | $10.1M | $22.3M | $61.1M | $10.6M | $11.0M | −$41.4M | $17.1M | $7.9M | $20.0M | −$499.4M | −$2.7M |
| Net income | $140.1M | $120.5M | $100.0M | $88.3M | $66.2M | $72.7M | $277.0M | −$32.1M | $111.9M | $144.2M | $729.2M | −$116.7M |
| EBITDA | $516.3M | $473.6M | $459.9M | $500.0M | $395.0M | $405.5M | $595.7M | $335.9M | $505.2M | $553.8M | $635.9M | $237.2M |
| EPS (diluted) | $1.24 | $1.25 | $1.17 | $0.86 | $1.09 | $1.07 | $2.42 | $0.90 | $1.12 | $1.59 | $1.91 | $0.99 |
| Gross margin | 40.9% | 40.2% | 32.0% | 41.2% | 41.8% | 42.3% | 43.7% | 42.3% | 43.5% | 44.5% | 44.4% | 42.6% |
| Operating margin | 16.1% | 15.9% | 15.5% | 16.9% | 15.2% | 15.8% | 20.0% | 7.9% | 15.6% | 19.5% | 19.4% | 3.7% |
| Net margin | 7.5% | 6.5% | 5.4% | 4.8% | 3.8% | 4.3% | 15.1% | −1.9% | 6.5% | 7.7% | 39.6% | −7.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WYNN's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WYNN financial results
In fiscal year 2025 (ended December 31, 2025), Wynn Resorts reported revenue of $7.1 billion, up 0.1% from the year before. It had net income of $327.3 million (down 34.7%), a net profit margin of 4.6%. Diluted earnings per share came to $4.19. Over five years revenue grew at an average rate of 27.8% a year.
See the WYNN stock overview for the latest quote and news, or the WYNN chart for price history and technical indicators.
WYNN income statement FAQ
What is Wynn Resorts's annual revenue?
Wynn Resorts reported total revenue of $7.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.1% from $7.1 billion the previous year.
Is Wynn Resorts profitable?
Yes. Wynn Resorts reported net income of $327.3 million in fiscal 2025, a net profit margin of 4.6%; its operating margin was 16.2%.
What is Wynn Resorts's gross margin?
Wynn Resorts's gross margin was 32.7% in fiscal 2025: for every $100 of revenue, Wynn Resorts kept $33 after the direct cost of its products and services.
How fast is Wynn Resorts growing?
Revenue grew 27.8% a year on average over the last five fiscal years, from $2.1 billion to $7.1 billion.
What are Wynn Resorts's earnings per share?
Wynn Resorts earned $4.19 per diluted share in fiscal 2025, compared with $6.03 a year earlier.
When will Wynn Resorts report its next earnings?
Wynn Resorts is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Wynn Resorts's fiscal year end?
Wynn Resorts's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.