Filing Flows › Caesars Entertainment (CZR) › Q2 2026
Caesars Entertainment (CZR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
Caesars Entertainment (CZR) reported revenue of $3.0B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +4% from the quarter before. Operating margin was 17.1%, net loss $41.0M (1.4% of revenue).
Caesars Entertainment, Q2 2026: revenue $3.0B (+3% year over year), operating margin 17.1%, net loss $41.0M, operating cash flow $471M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0B | +4% | +3% |
| Operating profit | $513M | +3% | -2% |
| Net earnings | −$41.0M | — | — |
| Operating cash flow | $471M | +131% | +2% |
| Free cash flow | $304M | +744% | +31% |
What changed
Revenue was $3.0B in Q2 2026, up 3% year over year and up 4% from the previous quarter. Casino was the largest line at 59% of revenue. Casino added $0.09B year over year (up 5%), 106% of the total change. Hotel declined 3%.
Operating profit was $0.51B, a 17.1% margin (down 1.0 points year over year). Operating profit fell $0.01B even though revenue rose $0.09B versus Q2 2025, so costs grew faster than sales. Total costs grew 4% against revenue growth of 3%. The quarter ended with a net loss of $0.04B, narrower than the previous quarter's $0.08B loss. Net interest and other expense of $0.57B was the main reason.
Operating cash flow was $0.47B (up 2% year over year). Non-cash charges added back $0.35B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.13B. Capital expenditures of $0.17B left free cash flow of $0.30B.
Questions
What was Caesars Entertainment's revenue in the second quarter 2026?
Caesars Entertainment (CZR) reported revenue of $3.0B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +4% from the quarter before.
Was Caesars Entertainment profitable in the second quarter 2026?
Operating profit was $513M (17.1% of revenue) and net loss $41.0M.