Filing Flows › Wynn Resorts (WYNN) › Q2 2026 › vs Q2 2025
Wynn Resorts (WYNN) Q2 2026 vs Q2 2025 (year over year)
Wynn Resorts's revenue rose $119M (+7%) from $1.7B in Q2 2025 to $1.9B in Q2 2026. The biggest changes: Casino +$123M (+12%); Entertainment, retail and other −$6.9M (-5%); Food and beverage +$3.3M (+1%). Operating margin 16.0% against 15.2% (+0.8 pts).
Wynn Resorts, Q2 2026: revenue $1.9B (+7% year over year), operating margin 16.0%, net earnings $140M, operating cash flow $492M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 16.0% | 15.2% | +0.8 pts |
| Net margin | 7.5% | 3.8% | +3.7 pts |
| Free cash flow margin | 18.3% | 13.8% | +4.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Casino | $1.2B | $1.1B | $123M | +12% |
| Rooms | $290M | $291M | −$750K | -0.3% |
| Food and beverage | $264M | $261M | $3.3M | +1% |
| Entertainment, retail and other | $127M | $134M | −$6.9M | -5% |
| Revenue | $1.9B | $1.7B | $119M | +7% |
| Operating profit | $298M | $265M | $33.0M | +12% |
| Costs & expenses | $1.6B | $1.5B | $86.1M | +6% |
| Pre-tax earnings | $199M | $87.5M | $111M | +127% |
| Other expense, net | $98.9M | $177M | −$78.2M | -44% |
| SG&A | $270M | $281M | −$10.7M | -4% |
| Other operating costs | $1.3B | $1.2B | $96.8M | +8% |
| Net earnings | $140M | $66.2M | $73.8M | +112% |
| Minority interests | $42.5M | $10.7M | $31.8M | +296% |
| Income tax | $16.2M | $10.6M | $5.6M | +53% |
| Depreciation & amortization | $165M | $153M | $12.5M | +8% |
| Share-based compensation | $16.9M | $28.8M | −$11.9M | -41% |
| Working capital & other | $170M | $157M | $12.4M | +8% |
| Operating cash flow | $492M | $405M | $86.9M | +21% |
| Free cash flow (OCF − capex) | $339M | $240M | $99.1M | +41% |
| Capital expenditures | $153M | $165M | −$12.2M | -7% |
Questions
How much did Wynn Resorts's revenue grow year over year in Q2 2026?
Wynn Resorts's revenue rose $119M (+7%) from $1.7B in Q2 2025 to $1.9B in Q2 2026.
What drove Wynn Resorts's revenue change in Q2 2026?
Casino +$123M (+12%); Entertainment, retail and other −$6.9M (-5%); Food and beverage +$3.3M (+1%).