Filing Flows › Bally's (BALY) › Q2 2026
Bally's (BALY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Bally's (BALY) reported revenue of $792M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +5% from the quarter before. Operating margin was -4.3%, net loss $164M (20.7% of revenue).
Bally's, Q2 2026: revenue $792M (+20% year over year), operating margin -4.3%, net loss $164M, operating cash flow −$121M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $792M | +5% | +20% |
| Operating profit | −$34.0M | -137% | — |
| Net earnings | −$164M | — | — |
| Operating cash flow | −$121M | — | — |
What changed
Revenue was $792.2M in Q2 2026, up 20% year over year and up 5% from the previous quarter. Gaming was the largest line at 77% of revenue. Gaming added $50.4M year over year (up 9%), 37% of the total change. License declined 36%.
Operating costs exceeded revenue by $34.0M, an operating margin of -4.3%. Total costs grew 25% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+39%). The quarter ended with a net loss of $164.0M, wider than the previous quarter's $160.9M loss. Minority interests bore $17.9M of it: to shareholders the quarter was a loss of $146.1M. Net interest and other expense of $143.5M was the main reason.
Operating cash flow was −$120.9M. Non-cash charges added back $161.0M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $119.7M. Capital expenditures of $35.1M exceeded it, leaving free cash flow of −$156.0M.
Questions
What was Bally's revenue in the second quarter 2026?
Bally's (BALY) reported revenue of $792M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +5% from the quarter before.
Was Bally's profitable in the second quarter 2026?
Operating loss was $34.0M (-4.3% of revenue) and net loss $164M.
Source: Bally's 10-Q on SEC EDGAR.