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Filing Flows › Caesars Entertainment (CZR) › Q3 2026 › vs Q2 2026

Caesars Entertainment (CZR) Q3 2026 vs Q2 2026 (quarter over quarter)

Caesars Entertainment's revenue fell $53.0M (-2%) from $3.0B in Q2 2026 to $2.9B in Q3 2026. The biggest changes: Hotel −$28.0M (-6%); Food and beverage −$16.0M (-4%); Casino −$5.0M (-0.3%).

Caesars Entertainment, Q3 2026: revenue $2.9B (+2% year over year), operating margin 15.5%, net loss $107M, operating cash flow $267M. The chart draws each line against Q2 2026, the increases inside each band.

Caesars Entertainment: what changed, Q3 2026 vs Q2 2026Caesars Entertainment: what changed, Q3 2026 vs Q2 2026Free cash flow (OCF − capex)−$209MOperating cash flow−$204MWorking capital & other$149MNet loss$66.0MNet loss absorbed$66.0MHotel−$28.0MFood and beverage−$16.0MCosts & expenses$11.0MOperating cash sources$11.0MDepreciation & amortization$11.0M

Margins

Q3 2026Q2 2026Change
Free cash flow margin3.2%10.2%-6.9 pts

Every line

LineQ3 2026Q2 2026Change%
Casino$1.8B$1.8B−$5.0M-0.3%
Hotel$467M$495M−$28.0M-6%
Food and beverage$410M$426M−$16.0M-4%
Other$309M$313M−$4.0M-1%
Revenue$2.9B$3.0B−$53.0M-2%
Income tax benefit$10.0M$12.0M−$2.0M-17%
Net loss$107M$41.0M$66.0M+161%
Costs & expenses$3.1B$3.0B$11.0M+0.4%
Operating costs$2.5B$2.5B$3.0M+0.1%
Interest & other, net$574M$566M$8.0M+1%
General & admin$517M$521M−$4.0M-0.8%
Other operating costs$2.0B$2.0B$7.0M+0.4%
Operating cash sources$389M$378M$11.0M+3%
Depreciation & amortization$366M$355M$11.0M+3%
Share-based compensation$23.0M$23.0M$00%
Net loss absorbed$107M$41.0M$66.0M+161%
Working capital & other$15.0M−$134M$149M—
Operating cash flow$267M$471M−$204M-43%
Free cash flow (OCF − capex)$95.0M$304M−$209M-69%
Capital expenditures$172M$167M$5.0M+3%

Questions

How much did Caesars Entertainment's revenue grow quarter over quarter in Q3 2026?

Caesars Entertainment's revenue fell $53.0M (-2%) from $3.0B in Q2 2026 to $2.9B in Q3 2026.

What drove Caesars Entertainment's revenue change in Q3 2026?

Hotel −$28.0M (-6%); Food and beverage −$16.0M (-4%); Casino −$5.0M (-0.3%).

Q3 2026 results → · Compare in the interactive Sankey →