Filing Flows › Light & Wonder (LAWIL) › Q3 2026 › vs Q2 2026
Light & Wonder (LAWIL) Q3 2026 vs Q2 2026 (quarter over quarter)
Light & Wonder's revenue fell $4.0M (-0.5%) from $828M in Q2 2026 to $824M in Q3 2026. Operating margin 29.4% against 26.9% (+2.4 pts).
Light & Wonder, Q3 2026: revenue $824M (-2% year over year), operating margin 29.4%, net earnings $133M, operating cash flow $236M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 29.4% | 26.9% | +2.4 pts |
| Net margin | 16.1% | 14.5% | +1.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $824M | $828M | −$4.0M | -0.5% |
| Operating profit | $242M | $223M | $19.0M | +9% |
| Costs & expenses | $582M | $605M | −$23.0M | -4% |
| Pre-tax earnings | $167M | $150M | $17.0M | +11% |
| Other expense, net | $75.0M | $73.0M | $2.0M | +3% |
| Cost of revenue | $201M | $210M | −$9.0M | -4% |
| Research & development | $56.0M | $61.0M | −$5.0M | -8% |
| SG&A | $212M | $211M | $1.0M | +0.5% |
| Other operating costs | $113M | $123M | −$10.0M | -8% |
| Net earnings | $133M | $120M | $13.0M | +11% |
| Income tax | $34.0M | $30.0M | $4.0M | +13% |
| Depreciation & amortization | $105M | $117M | −$12.0M | -10% |
| Share-based compensation | $24.0M | $33.0M | −$9.0M | -27% |
| Working capital & other | $26.0M | $29.0M | −$3.0M | -10% |
| Operating cash flow | $236M | $241M | −$5.0M | -2% |
Questions
How much did Light & Wonder's revenue grow quarter over quarter in Q3 2026?
Light & Wonder's revenue fell $4.0M (-0.5%) from $828M in Q2 2026 to $824M in Q3 2026. Operating margin 29.4% against 26.9% (+2.4 pts).