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Red Rock Resorts (RRR) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Red Rock Resorts (RRR) Q3 2026 earnings results →
Q3 2026 Revenue up 3% year over year to $489M · 4¢ of every $1 of revenue lost · operating margin 5.5%
Red Rock Resorts made $489M in Q3 2026 (+3% Y/Y): Casino $324M, Food and beverage $88.2M, Room $42.8M. Operating margin 5.5%, net loss $17.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
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Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $488.7M in Q3 2026, up 3% year over year and down 4% from the previous quarter. Casino was the largest line at 66% of revenue. Casino added $4.4M year over year (up 1%), 33% of the total change.
Operating profit was $26.7M, a 5.5% margin (down 22.2 points year over year). Operating profit fell $104.8M even though revenue rose $13.1M versus Q3 2025, so costs grew faster than sales. Total costs grew 34% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+37%). The quarter ended with a net loss of $17.7M, after a profit of $76.6M the previous quarter. Minority interests bore $7.8M of it: to shareholders the quarter was a loss of $9.9M. Net interest and other expense of $45.7M was the main reason.
Operating cash flow was $131.4M (down 22% year over year). Non-cash charges added back $62.7M of depreciation and amortization and $83.1M of share-based compensation. Capital expenditures of $199.1M exceeded it, leaving free cash flow of −$67.7M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 4, 2026 | $489M | +3% | 5.5% | −$17.7M | $131M |
| Q2 2026 | 10-Q | Aug 7, 2026 | $510M | -3% | 26.7% | $39.1M | $158M |
| Q1 2026 | 10-Q | May 7, 2026 | $507M | +2% | 28.3% | $42.9M | $140M |
| Q4 2025 | 10-K | Feb 20, 2026 | $512M | +3% | 28.1% | $44.7M | $157M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $476M | +2% | 27.6% | $42.3M | $168M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $526M | +8% | 31.9% | $56.4M | $158M |
| Q1 2025 | 10-Q | May 8, 2025 | $498M | +2% | 31.0% | $44.7M | $126M |
Charts
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Red Rock Resorts
Red Rock Resorts, Inc. (“we,” “our,” “us,” “Red Rock” or the “Company”) is a holding company that owns an indirect equity interest in and manages Station Casinos LLC (“Station LLC”), through which we conduct all of our operations. Station LLC is a gaming, development and management company established in 1976 that develops and operates strategically-located casino and entertainment properties. Station LLC owns and operates seven major gaming and entertainment facilities, including Durango Casino & Resort (“Durango”), and 13 smaller casinos (three of which are 50% owned). Durango opened in December of 2023 on approximately 50 acres of land at the intersection of Interstate 215 and Durango Drive in the southwest Las Vegas valley.
In its own words, from its 10-K, filed Feb 20, 2026.
Red Rock Resorts against its Hotels & Motels peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +3% against the peers' median +2%. Operating margin: 5.5% against the peers' median 10.6%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| RRR Red Rock Resorts | Q3 2026 | $489M | +3% | 5.5% |
| MAR Marriott International | Q3 2026 | $7.0B | +8% | 18.2% |
| MGM MGM Resorts International | Q3 2026 | $4.2B | -0.9% | 2.8% |
| HLT Hilton Worldwide Holdings | Q3 2026 | $3.3B | +7% | 27.3% |
| LVS Las Vegas Sands | Q3 2026 | $3.2B | -4% | 19.2% |
| CZR Caesars Entertainment | Q3 2026 | $2.9B | +2% | 15.5% |
| PENN Penn Entertainment | Q3 2026 | $1.8B | +7% | 6.9% |
| H Hyatt Hotels | Q3 2026 | $1.7B | -2% | 4.5% |
| WYNN Wynn Resorts | Q3 2026 | $1.7B | -8% | 10.6% |
Source: Red Rock Resorts 10-Q on SEC EDGAR · CIK 1653653 · Hotels & Motels
13F: who owns RRR and who is buying
More on RRR
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Red Rock Resorts operating margin by quarter
- Red Rock Resorts net income by quarter
- Red Rock Resorts free cash flow by quarter
- Red Rock Resorts capital expenditures by quarter
- Red Rock Resorts Casino revenue by quarter
- Red Rock Resorts Food and beverage revenue by quarter
- Red Rock Resorts Room revenue by quarter