Filing Flows › Wynn Resorts (WYNN) › Q3 2026 › vs Q3 2025
Wynn Resorts (WYNN) Q3 2026 vs Q3 2025 (year over year)
Wynn Resorts's revenue fell $145M (-8%) from $1.8B in Q3 2025 to $1.7B in Q3 2026. The biggest changes: Casino −$124M (-11%); Rooms −$9.0M (-3%); Entertainment, retail and other −$7.1M (-6%). Operating margin 10.6% against 16.9% (-6.4 pts).
Wynn Resorts, Q3 2026: revenue $1.7B (-8% year over year), operating margin 10.6%, net earnings $17.3M, operating cash flow $96.8M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 10.6% | 16.9% | -6.4 pts |
| Net margin | 1.0% | 4.8% | -3.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Casino | $1.1B | $1.2B | −$124M | -11% |
| Rooms | $261M | $270M | −$9.0M | -3% |
| Food and beverage | $258M | $262M | −$4.3M | -2% |
| Entertainment, retail and other | $119M | $127M | −$7.1M | -6% |
| Revenue | $1.7B | $1.8B | −$145M | -8% |
| Operating profit | $178M | $310M | −$132M | -43% |
| Costs & expenses | $1.5B | $1.5B | −$12.4M | -0.8% |
| Pre-tax earnings | $42.3M | $190M | −$147M | -78% |
| Other expense, net | $136M | $121M | $15.0M | +12% |
| SG&A | $276M | $275M | $1.4M | +0.5% |
| Other operating costs | $1.2B | $1.2B | −$13.8M | -1% |
| Net earnings | $17.3M | $88.3M | −$71.0M | -80% |
| Minority interests | $19.4M | $40.1M | −$20.6M | -51% |
| Income tax | $5.6M | $61.1M | −$55.6M | -91% |
| Operating cash sources | $204M | $264M | −$59.5M | -23% |
| Depreciation & amortization | $167M | $153M | $14.0M | +9% |
| Share-based compensation | $20.2M | $22.7M | −$2.5M | -11% |
| Working capital & other | $107M | −$72.0M | $179M | — |
| Operating cash flow | $96.8M | $336M | −$239M | -71% |
| Capital expenditures | $202M | $164M | $37.6M | +23% |
| Negative free cash flow (OCF − capex) | $105M | −$172M | $277M | — |
Questions
How much did Wynn Resorts's revenue grow year over year in Q3 2026?
Wynn Resorts's revenue fell $145M (-8%) from $1.8B in Q3 2025 to $1.7B in Q3 2026.
What drove Wynn Resorts's revenue change in Q3 2026?
Casino −$124M (-11%); Rooms −$9.0M (-3%); Entertainment, retail and other −$7.1M (-6%).