Filing Flows › Boyd Gaming (BYD) › Q2 2026
Boyd Gaming (BYD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Boyd Gaming (BYD) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), 0% from a year earlier and +4% from the quarter before. Operating margin was 19.4%, net earnings $131M (12.7% of revenue).
Boyd Gaming, Q2 2026: revenue $1.0B (0% year over year), operating margin 19.4%, net earnings $131M, operating cash flow −$23.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +4% | 0% |
| Operating profit | $201M | +22% | -17% |
| Net earnings | $131M | +24% | -13% |
| Operating cash flow | −$23.5M | -118% | -111% |
What changed
Revenue was $1.0B in Q2 2026, roughly flat year over year and up 4% from the previous quarter. Casino was the largest line at 66% of revenue. Casino added $0.01B year over year (up 2%), 3050% of the total change. Online declined 19%.
Operating profit was $0.20B, a 19.4% margin (down 4.0 points year over year). Operating profit fell $0.04B even though revenue rose $388K versus Q2 2025, so costs grew faster than sales. Total costs grew 5% against flat revenue. Net earnings were $0.13B, down 13% year over year ($0.13B including minority interests, which bore $1.3M of losses). The effective tax rate was 23.8%.
Operating cash flow was −$0.02B. Non-cash charges added back $0.09B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.26B. Capital expenditures of $0.14B exceeded it, leaving free cash flow of −$0.17B.
Questions
What was Boyd Gaming's revenue in the second quarter 2026?
Boyd Gaming (BYD) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), 0% from a year earlier and +4% from the quarter before.
Was Boyd Gaming profitable in the second quarter 2026?
Operating profit was $201M (19.4% of revenue) and net earnings $131M.
Source: Boyd Gaming 10-Q on SEC EDGAR.