Wynn Resorts WYNN
Wynn Resorts reports lower Q3 2026 earnings
Item 2.02 Reports results, Item 7.01 Investor disclosure, Item 8.01 Other events
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001174922-26-000078
- Operating revenues fell to $1.69 billion from $1.83 billion
- Net income dropped to $17.3 million from $88.3 million
- Dividend of $0.25 per share declared
- Adjusted Property EBITDAR declined to $464.2 million from $570.1 million
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- The filing includes a press release with financial details for the quarter ended September 30, 2026.
- The press release is furnished as Exhibit 99.1 and is not deemed filed for regulatory purposes.
- For the third quarter of 2026, operating revenues were $1.69 billion, down from $1.83 billion in the same period in 2025.
- Net income attributable to Wynn Resorts was $17.3 million, compared to $88.3 million in the third quarter of 2025.
- Diluted net income per share was $0.17, down from $0.85 in the same period last year.
- The company also announced a cash dividend of $0.25 per share, payable on November 30, 2026.
6 of 7 claims matched the filing text.
Not found in the filing text
- Adjusted Property EBITDAR for the third quarter of 2026 was $464.2 million, a decrease from $570.1 million in the third quarter of 2025.
For perspective, checked against its own source
From the 10-Q for the quarter ended June 30, 2026
- In its 10-Q for the quarter ended June 30, 2026, Wynn Resorts reported revenue of $1.9 billion, net income of $140.1 million, and an operating margin of 16.0%.
From the filing
Item 2.02 Results of Operations and Financial Condition.
Item 2.02 Results of Operations and Financial Condition.
On November 5, 2026, Wynn Resorts, Limited (the "Company") issued a press release announcing its results of operations for the quarter ended September 30, 2026.1 1The press release is furnished herewith as Exhibit 99.1.1 2The information furnished under Items 2.02 and 7.01 of this report, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended,2 nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 8.01 Other Events.
Item 8.01 Other Events.
On November 5, 2026, the Company announced that its Board of Directors declared a cash dividend of $0.25 per share, payable on November 30, 2026 to stockholders of record as of November 16, 2026.
Item 9.01 Financial Statements and Exhibits.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release, dated November 5 , 2026, of Wynn Resorts, Limited.
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WYNN RESORTS, LIMITED
Dated: November 5, 2026
By: /s/ Craig J. Fullalove
Craig J. Fullalove
Chief Financial Officer
Wynn Resorts, Limited Reports Third Quarter 2026 Results
LAS VEGAS, November 5, 2026 — Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the third quarter ended September 30, 2026.
Operating revenues were $1.69 billion for the third quarter of 2026, a decrease of $144.7 million from $1.83 billion for the third quarter of 2025.3 Net income attributable to Wynn Resorts, Limited was $17.3 million for the third quarter of 2026, compared to net income attributable to Wynn Resorts, Limited of $88.3 million for the third quarter of 2025.4 Diluted net income per share was $0.17 for the third quarter of 2026, compared to diluted net income per share of $0.85 for the third quarter of 2025.5 Adjusted Property EBITDAR (1) was $464.2 million for the third quarter of 2026, compared to Adjusted Property EBITDAR of $570.1 million for the third quarter of 2025.
"Our third quarter results demonstrated strong operational discipline from the teams in each of our regions," said Craig Billings, CEO of Wynn Resorts, Limited. "Wynn Las Vegas and our Macau properties both saw healthy demand amid slower market conditions. Wynn Las Vegas was also negatively impacted by a hold rate outside of our expected range. In Boston, the team did an excellent job managing through the strike that began in early September, ensuring that we could continue delighting guests at our resort. The team at Wynn Al Marjan Island has also made substantial progress with ongoing finishing works occurring throughout the property, including the interior fit-out of all guest rooms, as we move closer to a planned September 2027 opening."
Consolidated Results
Operating revenues were $1.69 billion for the third quarter of 2026, a decrease of $144.7 million from $1.83 billion for the third quarter of 2025. For the third quarter of 2026, operating revenues decreased $51.7 million, $45.8 million, $30.1 million and $17.1 million at Wynn Palace, our Las Vegas Operations, Wynn Macau, and Encore Boston Harbor, respectively, from the third quarter of 2025.
Net income attributable to Wynn Resorts, Limited was $17.3 million for the third quarter of 2026, compared to net income attributable to Wynn Resorts, Limited of $88.3 million for the third quarter of 2025. Diluted net income per share was $0.17 for the third quarter of 2026, compared to diluted net income per share of $0.85 for the third quarter of 2025. Adjusted net income attributable to Wynn Resorts, Limited (2) was $33.9 million, or $0.33 per diluted share, for the third quarter of 2026, compared to adjusted net income attributable to Wynn Resorts, Limited of $88.7 million, or $0.86 per diluted share, for the third quarter of 2025.
Adjusted Property EBITDAR was $464.2 million for the third quarter of 2026, a decrease of $105.9 million compared to Adjusted Property EBITDAR of $570.1 million for the third quarter of 2025. For the third quarter of 2026, Adjusted Property EBITDAR decreased $44.6 million, $34.5 million, $18.5 million, and $8.3 million at our Las Vegas Operations, Wynn Palace, Wynn Macau, and Encore Boston Harbor, respectively, from the third quarter of 2025.
Property Results
Macau Operations
Wynn Palace
Operating revenues from Wynn Palace were $583.8 million for the third quarter of 2026, a decrease of $51.7 million from $635.5 million for the third quarter of 2025. Adjusted Property EBITDAR from Wynn Palace was $165.8 million for the third quarter of 2026, compared to $200.3 million for the third quarter of 2025. Table games win percentage in mass market operations was 25.8%, above the 22.6% experienced in the third quarter of 2025. VIP table games win as a percentage of turnover was 3.82%, above the property's expected range of 3.1% to 3.4% and below the 4.68% experienced in the third quarter of 2025.
1
Wynn Macau
Operating revenues from Wynn Macau were $335.4 million for the third quarter of 2026, a decrease of $30.1 million from $365.5 million for the third quarter of 2025. Adjusted Property EBITDAR from Wynn Macau was $89.5 million for the third quarter of 2026, compared to $108.0 million for the third quarter of 2025. Table games win percentage in mass market operations was 17.1%, below the 18.7% experienced in the third quarter of 2025. VIP table games win as a percentage of turnover was 4.88%, above the property's expected range of 3.1% to 3.4% and above the 2.93% experienced in the third quarter of 2025.
Las Vegas Operations
Operating revenues from our Las Vegas Operations were $575.2 million for the third quarter of 2026, a decrease of $45.8 million from $621.0 million for the third quarter of 2025. Adjusted Property EBITDAR from our Las Vegas Operations for the third quarter of 2026 was $158.8 million, compared to $203.4 million for the third quarter of 2025. Table games win percentage for the third quarter of 2026 was 18.9%, below the property's expected range of 22% to 26% and below the 23.0% experienced in the third quarter of 2025.
Encore Boston Harbor
Operating revenues from Encore Boston Harbor were $194.7 million for the third quarter of 2026, a decrease of $17.1 million from $211.8
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