Filing Flows › Bally's (BALY) › Q2 2025
Bally's (BALY) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Bally's (BALY) reported revenue of $658M for the second quarter 2025 (Q2 2025), +6% from a year earlier. Operating margin was -0.4%, net loss $228M (34.7% of revenue).
Bally's, Q2 2025: revenue $658M (+6% year over year), operating margin -0.4%, net loss $228M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $658M | — | +6% |
| Operating profit | −$2.4M | — | — |
| Net earnings | −$228M | — | — |
What changed
Revenue was $657.5M in Q2 2025, up 6% year over year. Gaming was the largest line at 85% of revenue. Gaming added $32.9M year over year (up 6%), 92% of the total change. Retail, Entertainment and Other declined 15%.
Operating costs exceeded revenue by $2.4M, an operating margin of -0.4%. Total costs grew 7% against revenue growth of 6%. The fastest-growing cost line was SG&A (+18%). The quarter ended with a net loss of $228.4M.
Questions
What was Bally's revenue in the second quarter 2025?
Bally's (BALY) reported revenue of $658M for the second quarter 2025 (Q2 2025), +6% from a year earlier.
Was Bally's profitable in the second quarter 2025?
Operating loss was $2.4M (-0.4% of revenue) and net loss $228M.
Source: Bally's 10-Q on SEC EDGAR.