Filing Flows › Light & Wonder (LAWIL) › Operating margin
Light & Wonder (LAWIL) operating margin by quarter
Light & Wonder's operating margin was 29.4% in Q3 2026 (third quarter 2026), +2.4 pts from Q2 2026. Over the last 6 quarters it ranged from 16.5% (Q1 2026) to 29.4% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 29.4% | +2.4 pts | +2.1 pts |
| Q2 2026 | 26.9% | +10.5 pts | +2.0 pts |
| Q1 2026 | 16.5% | -10.8 pts | -5.5 pts |
| Q3 2025 | 27.2% | +2.3 pts | — |
| Q2 2025 | 25.0% | +3.0 pts | — |
| Q1 2025 | 22.0% | — | — |
Q3 2026 at a glance
Light & Wonder, Q3 2026: revenue $824M (-2% year over year), operating margin 29.4%, net earnings $133M, operating cash flow $236M. The chart follows the revenue to costs, profit and cash.
Questions
What is Light & Wonder's operating margin?
Light & Wonder's operating margin was 29.4% in Q3 2026 (third quarter 2026), +2.4 pts from Q2 2026.
How has Light & Wonder's operating margin changed?
Over the last 6 quarters it ranged from 16.5% (Q1 2026) to 29.4% (Q3 2026).