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Full House Resorts Inc (FLL) stock

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NASDAQ: FLL Nasdaq Casinos & Gaming Next results ~November 5, 2026

C Fundamentals grade

Full House Resorts Inc is a US-listed company in the casinos & gaming industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$2.2

Forward price-to-sales vs peers

Base case. Range ~$2.2–$12. Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Full House Resorts Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Full House Resorts files

Where Full House Resorts stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $306m, up 2.8% on a year earlier, faster than the 1.5% growth a quarter earlier. Free-cash-flow margin rose to 1.3% from -7.6% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 0 of our 5 financial-health checks. Our price-to-sales vs peers value is $2.53 a share, against a share price of $0.84.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Full House Resorts Inc's trailing-twelve-month revenue grew 2.8% year on year, with a free-cash-flow margin of 1.3%. Where it stands out: gross margin of 93.2% ranks 1 of 6 casinos & gaming companies we cover. Where it lags: change in share count of 1.7% ranks 15 of 16 casinos & gaming companies we cover.

Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 33% in the quarter to 2026-06-30.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Full House Resorts Inc's latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Volatile shares. Over the past year the shares showed annualised volatility of 67% and a beta of 0.9 against the S&P 500.
  • Below peers: change in share count. Change in share count of 1.7% ranks 15 of 16 casinos & gaming companies we cover (median -3.0%).
  • Below peers: net margin. Net margin of -12.1% ranks 20 of 22 casinos & gaming companies we cover (median 3.6%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
-$0.24 against an average estimate of -$0.18: missed by 33.1%
Revenue
$78m, up 5.6% on a year earlier
Share reaction
+9.5% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Next report
November 5, 2026

Full House Resorts' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-10.8%
  • 1 week-14.0%
  • 1 month-46.8%
  • This year-71.6%
  • 1 year-69.8%
  • 5 years-93.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$306M
Operating margin
2.3%
Net margin
-12.1%
EPS (TTM, diluted)
$-1.02

Growth

Revenue growth
+2.8%
Change in growth rate
+1.2 pts
Share count change
+1.7%

Cash

Free cash flow (TTM)
$4M
FCF margin
1.3%
Stock pay % of revenue
0.7%

Earnings

Last results
August 6, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Agreement
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Full House Resorts Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Our value per share comes from a discounted-cash-flow model of Full House Resorts Inc's free cash flow after stock-based pay ( $823,268, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Full House Resorts Inc as an operating company, with every model that fits that kind of business. Cost of equity 9.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.08 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: the projected cash flows don't support a positive value
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$2.2 ~$4.0–$12 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$2.2 ~$2.2–$12 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Full House Resorts Inc with Casinos & Gaming in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$1.67$2.40$3.89$2.02$3.35$3.93$12.11$7.52$5.37$4.08$2.61$0.74
Market value$33m$47m$89m$53m$90m$109m$423m$258m$185m$143m$94m$27m
+ Net debt (− = net cash)$53m$71m$76m$78m$79m$70m$213m$345m$441m$437m$439m$436m
Enterprise value$86m$118m$165m$132m$169m$179m$636m$604m$626m$579m$533m$463m
Multiples
Price / sales 0.3x0.3x0.6x0.3x0.5x0.9x2.3x1.6x0.8x0.5x0.3x0.1x
Price / earnings —————n/m36.2x—————
Price / free cash flow —10.6x——38.0x17.2x—————6.8x
EV / EBITDA 6.7x8.4x10.5x8.3x11.6x9.9x14.2x29.3x20.9x12.9x11.7x9.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

15 /100

Weak moat

How hard Full House Resorts's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -4.1% of total assets over 10 years.

  • Durability 0 / 20

    Operating margin has been a median 3.6%; its worst year was -3.9%.

  • Cash conversion 2 / 20

    Free cash flow was positive in 2 of 10 years, at a median -3.7% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 20.1% over five years; stock-based pay has been a median 0.5% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $81m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.93 +17% $313m +3%
Next −$1.05 −13% $329m +5%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +6.9% on 90 days ago. In the last 30 days, 1 analyst raised Full House Resorts Inc's forecast and 0 cut it.

Consensus EPS forecast Full House Resorts Inc, last 90 days
−$1.50 −$1.00 −$0.50 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.87 Current fiscal year, 60 days ago: −$0.92 Current fiscal year, 30 days ago: −$0.92 Current fiscal year, 7 days ago: −$0.93 Current fiscal year, Now: −$0.93 −$0.93 Next fiscal year, 90 days ago: −$0.92 Next fiscal year, 60 days ago: −$0.99 Next fiscal year, 30 days ago: −$0.99 Next fiscal year, 7 days ago: −$1.05 Next fiscal year, Now: −$1.05 −$1.05

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.87−$0.92
60 days ago −$0.92−$0.99
30 days ago −$0.92−$0.99
7 days ago −$0.93−$1.05
Now −$0.93−$1.05

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.18 −$0.24 −33.1%
Mar 2026 −$0.24 −$0.23 +5.8%
Dec 2025 −$0.24 −$0.34 −42.6%
Sept 2025 −$0.20 −$0.21 −3.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 6, 2026

No numeric guidance in Full House Resorts Inc's latest earnings release (filed August 6, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Full House Resorts Inc's revenue by +6.2% next year and +7.4% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.0%, weight 62%) and the company's own record (+8.1%, weight 38%) . How the weights are set.

Analyst recommendations

4 analysts, Oct 2026
Buy375%
Hold125%
Sell00%

Monthly trend

  1. Oct 20261214
  2. Sep 20261214
  3. Aug 20261124

Counts of recommendations published by analysts covering Full House Resorts Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.5%
of tradable shares
Days to cover
2.08
at average volume
Short interest, 1 month
−24%
to October 15, 2026
Held by institutions
40%
of shares
Held by insiders
8.2%
of shares
Employees
1,573
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −69.8%

$2.45 on October 31, 2025 to $0.74

ThenNowEffect
Revenue (last 12 months) $298m $306m +2.8%
P/S multiple 0.3x 0.1x −70.1%
Share count 36m 36m −1.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −81.2%

$3.93 on November 3, 2023 to $0.74

ThenNowEffect
Revenue (last 12 months) $187m $306m +63.6%
P/S multiple 0.7x 0.1x −87.7%
Share count 34m 36m −6.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
FLL+208%−38%−29%−24%−36%−72%
Industry peers (median)+24%−19%+16%−4%−7%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
FLL67%42%42%42%33%27%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
FLL−33%−57%−64%−32%−58%−78%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 94% from December 27, 2021 to November 2, 2026. Getting back needed a 1569% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.74 – $3.32
From 52-week high
−77.7%
vs 50-day average
−51.5%
vs 200-day average
−67.1%
Volatility (1 year)
67%
Beta vs S&P 500
0.95

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±9.4%
After a week
8 up, 4 down
typical move ±10.5%
After a month
6 up, 6 down
typical move ±11.0%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +9.5% +0.5% +3.6% −6.8%
May 7, 2026 +17.9% +0.5% +19.0% −4.0%
March 5, 2026 +17.5% −1.9% +20.2% +12.3%
November 6, 2025 +10.0% −1.0% +2.5% +12.6%
August 7, 2025 −19.8% +0.7% −20.0% −26.0%
May 8, 2025 −3.4% +0.6% +12.9% +1.8%
March 6, 2025 +2.4% −1.2% −0.2% −20.1%
November 6, 2024 −4.1% +3.3% −5.7% −11.9%
August 6, 2024 −0.2% +0.2% +2.4% +0.8%
May 8, 2024 +6.0% +0.6% +4.6% 0.0%
March 5, 2024 +0.4% −0.5% −3.7% +3.3%
November 8, 2023 +21.8% −0.7% +31.2% +32.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Full House Resorts Inc in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Full House Resorts Inc
$100M $150M $200M $250M $300M $350M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $147.1M Revenue (TTM), FY23 Q4: $171M Revenue (TTM), FY24 Q1: $190.8M Revenue (TTM), FY24 Q2: $204.9M Revenue (TTM), FY24 Q3: $279.1M Revenue (TTM), FY24 Q4: $292.1M Revenue (TTM), FY25 Q1: $297.2M Revenue (TTM), FY25 Q2: $297.7M Revenue (TTM), FY25 Q3: $299.9M Revenue (TTM), FY25 Q4: $302.4M Revenue (TTM), FY26 Q1: $301.7M Revenue (TTM), FY26 Q2: $305.9M $305.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $147.1M
FY23 Q4 $171M
FY24 Q1 $190.8M
FY24 Q2 $204.9M
FY24 Q3 $279.1M
FY24 Q4 $292.1M
FY25 Q1 $297.2M
FY25 Q2 $297.7M
FY25 Q3 $299.9M
FY25 Q4 $302.4M
FY26 Q1 $301.7M
FY26 Q2 $305.9M
Revenue growth, TTM YoY Full House Resorts Inc
-50% 0% 50% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -13.7% Revenue growth, TTM YoY, FY23 Q4: 4.7% Revenue growth, TTM YoY, FY24 Q1: 11.0% Revenue growth, TTM YoY, FY24 Q2: 9.6% Revenue growth, TTM YoY, FY24 Q3: 89.8% Revenue growth, TTM YoY, FY24 Q4: 70.8% Revenue growth, TTM YoY, FY25 Q1: 55.7% Revenue growth, TTM YoY, FY25 Q2: 45.2% Revenue growth, TTM YoY, FY25 Q3: 7.4% Revenue growth, TTM YoY, FY25 Q4: 3.5% Revenue growth, TTM YoY, FY26 Q1: 1.5% Revenue growth, TTM YoY, FY26 Q2: 2.8% 2.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -13.7%
FY23 Q4 4.7%
FY24 Q1 11.0%
FY24 Q2 9.6%
FY24 Q3 89.8%
FY24 Q4 70.8%
FY25 Q1 55.7%
FY25 Q2 45.2%
FY25 Q3 7.4%
FY25 Q4 3.5%
FY26 Q1 1.5%
FY26 Q2 2.8%
Operating margin (TTM) Full House Resorts Inc
-2% 0% 2% 4% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 0.5% Operating margin (TTM), FY23 Q4: -0.7% Operating margin (TTM), FY24 Q1: 2.7% Operating margin (TTM), FY24 Q2: 3.4% Operating margin (TTM), FY24 Q3: -0.3% Operating margin (TTM), FY24 Q4: 0.9% Operating margin (TTM), FY25 Q1: 1.4% Operating margin (TTM), FY25 Q2: 0.6% Operating margin (TTM), FY25 Q3: 0.9% Operating margin (TTM), FY25 Q4: 1.0% Operating margin (TTM), FY26 Q1: 1.6% Operating margin (TTM), FY26 Q2: 2.3% 2.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 0.5%
FY23 Q4 -0.7%
FY24 Q1 2.7%
FY24 Q2 3.4%
FY24 Q3 -0.3%
FY24 Q4 0.9%
FY25 Q1 1.4%
FY25 Q2 0.6%
FY25 Q3 0.9%
FY25 Q4 1.0%
FY26 Q1 1.6%
FY26 Q2 2.3%
FCF margin (TTM) Full House Resorts Inc
-150% -100% -50% 0% 50% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -113.7% FCF margin (TTM), FY23 Q4: -73.8% FCF margin (TTM), FY24 Q1: -49.3% FCF margin (TTM), FY24 Q2: -32.6% FCF margin (TTM), FY24 Q3: -19.8% FCF margin (TTM), FY24 Q4: -13.3% FCF margin (TTM), FY25 Q1: -7.3% FCF margin (TTM), FY25 Q2: -7.6% FCF margin (TTM), FY25 Q3: -2.2% FCF margin (TTM), FY25 Q4: -0.9% FCF margin (TTM), FY26 Q1: 0.3% FCF margin (TTM), FY26 Q2: 1.3% 1.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -113.7%
FY23 Q4 -73.8%
FY24 Q1 -49.3%
FY24 Q2 -32.6%
FY24 Q3 -19.8%
FY24 Q4 -13.3%
FY25 Q1 -7.3%
FY25 Q2 -7.6%
FY25 Q3 -2.2%
FY25 Q4 -0.9%
FY26 Q1 0.3%
FY26 Q2 1.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 33 105 129 145 121 124 146 161 164 165 126 180 163 241 292 302 306
Gross profit — — — — — — — — — — — — — 222 269 282 285
EBITDA 27 26 57 12 −5 13 14 16 16 15 18 45 21 30 45 46 49
Operating income 24 19 50 3 −14 5 6 7 7 6 10 38 13 −1 3 3 7
Net income 8 2 28 −4 −21 −1 −5 −5 −4 −6 0 12 −15 −25 −41 −40 −37
Diluted EPS — — $1.49 −$0.21 −$1.10 −$0.07 −$0.26 −$0.22 −$0.23 −$0.22 $0.01 $0.33 −$0.43 −$0.72 −$1.16 −$1.12 −$1.02
Growth (year on year)
Revenue — +220.6% +22.1% +12.4% −16.1% +2.5% +17.3% +10.5% +1.6% +0.9% −24.1% +43.5% −9.4% +47.6% +21.2% +3.5% +2.8%
EBITDA — −2.9% +115.9% −78.2% −137.8% — +9.1% +10.9% +1.0% −8.1% +24.7% +146.8% −54.0% +45.2% +49.9% +2.0% +12.3%
Operating income — −18.5% +158.9% −94.1% −571.3% — +22.7% +14.0% +5.2% −16.3% +68.5% +258.5% −66.2% −109.2% — — —
Net income — −69.4% +>999% −114.2% — — — — — — — — −226.5% — — — —
Diluted EPS — — — −114.1% — — — — — — — — −230.3% — — — —
Margins
Gross margin — — — — — — — — — — — — — 92.0% 92.2% 93.3% 93.2%
EBITDA margin 82.0% 24.8% 43.9% 8.5% −3.8% 10.4% 9.7% 9.7% 9.7% 8.8% 14.4% 24.9% 12.6% 12.4% 15.4% 15.1% 16.2%
Operating margin 71.6% 18.2% 38.6% 2.0% −11.4% 4.1% 4.2% 4.4% 4.5% 3.8% 8.3% 20.8% 7.8% −0.5% 0.9% 1.0% 2.3%
Net margin 23.3% 2.2% 21.6% −2.7% −17.2% −1.1% −3.5% −3.1% −2.7% −3.5% 0.1% 6.5% −9.1% −10.3% −13.9% −13.3% −12.1%
Free-cash-flow margin 53.8% 22.5% −5.7% 4.2% −1.7% −3.1% 3.0% −2.4% −4.4% 1.4% 5.1% −4.2% −102.0% −52.4% −13.3% −0.9% 1.3%
Cash flow
Cash from operations 18 27 −4 12 8 8 8 7 10 10 9 30 4 22 14 10 14
Capital spending 0 3 3 6 10 11 3 11 17 8 3 37 171 149 53 13 10
Free cash flow 18 24 −7 6 −2 −4 4 −4 −7 2 6 −7 −167 −126 −39 −3 4
Stock-based pay 0 1 1 1 1 0 0 1 1 0 0 1 2 3 3 2 2
Free cash flow after stock pay 18 23 −9 5 −3 −4 4 −4 −8 2 6 −8 −168 −129 −42 −4 2
Balance sheet
Cash 13 15 21 15 16 15 27 20 21 29 38 89 57 36 40 41 33
Total debt 0 27 69 — 61 68 98 96 99 108 107 302 402 477 477 480 470
Net debt (negative = net cash) −13 12 48 −15 45 53 71 76 78 79 70 213 345 441 437 439 436
Diluted shares 18m 18m 19m 19m 19m 20m 20m 23m 26m 27m 28m 35m 34m 35m 35m 36m 36m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 5 checks passed · June 30, 2026
What it owns · $630m
Short-term assets $52mLonger-term assets $579m
What it owes, and who funded it · $643m
Short-term liabilities $83mLonger-term liabilities $560mShareholders' equity $-13m
  • Short-term assets cover short-term liabilities $52m of assets due within a year against $83m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $52m short-term assets against $560m of longer-dated liabilities.
  • More cash than debt $33m of cash against $470m of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $14m of operating cash flow against $470m of debt.
  • Operating profit covers interest at least five times over Operating income of $7m against $43m of interest.

From Full House Resorts Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+1.7%
year over year
Sales & admin spending
35.3%
of revenue
Days sales outstanding
5 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in casinos & gaming
Last 12 months unless stated FLL CDRO MCRI CNTY MSC BRAG Median
Revenue, last 12 months $306m $238m $565m $581m $695m $120m $2.4bn
Revenue growth, last 12 months 2.8% 9.5% 4.8% 1.1% 8.7% 8.7% 5.5%
Revenue growth, 3-year average 17.8% — 4.6% 8.0% — — 6.5%
Revenue growth, latest quarter 5.6% — 2.4% 0.8% — — 2.4%
Gross margin 93.2% 84.1% 25.5% 100.0% — 55.0% 55.0%
Operating margin 2.3% 2.7% 17.6% 9.7% 10.1% −5.0% 10.1%
Operating margin, 3-year average 2.1% — — 4.8% −51.4% — 7.1%
Net margin −12.1% 0.6% 20.4% −9.6% −8.5% −7.7% 3.1%
Cash from operations / revenue 4.7% — 29.7% 1.3% 30.3% 16.9% 14.4%
Free-cash-flow margin 1.3% — 25.2% −1.4% −0.2% 16.6% 8.5%
Free-cash-flow margin, 3-year average −13.0% — 21.7% −6.1% −89.2% — 4.5%
Stock pay / revenue 0.7% — 1.6% 0.2% 3.1% 1.3% 0.9%
Change in share count 1.7% — −2.3% −5.3% 51.9% 4.1% −2.6%

Median of all 22 companies we cover in casinos & gaming. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

22 casinos & gaming companies
Measure Company Peer median Rank
Revenue growth Growth 2.8% 6.1% 15 of 21
Change in growth rate Growth +1.2pp -0.4pp 5 of 21
Gross margin Profitability 93.2% 55.0% 1 of 6
Operating margin Profitability 2.3% 10.1% 16 of 20
Net margin Profitability -12.1% 3.6% 20 of 22
Free-cash-flow margin Cash generation 1.3% 8.5% 16 of 21
Stock pay as % of revenue Cash generation 0.7% 0.9% 7 of 20
Long-term debt as % of assets Balance sheet 74.5% 44.3% 15 of 17
Change in share count Balance sheet 1.7% -3.0% 15 of 16
Days sales outstanding Balance sheet 5 days 13 days 4 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Midwest and South $231M 76.5% ▲ 5.4%
West $63.6M 21.0% 0.0%
Contracted Sports Wagering $7.3M 2.4% ▼ 17.3%
Products and services
Line of business Revenue Share YoY
Casino $230M 76.2% ▲ 6.2%
Food and Beverage $39.3M 13.0% ▼ 6.1%
Other Operations $16.8M 5.6% ▼ 4.6%
Hotel $16M 5.3% ▲ 2.0%

From Full House Resorts Inc's 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$38.9M
Institutions reporting
62
Shares held vs prior quarter
▼ 3.8%
Positions opened / closed
12 / 8

Top buyers and sellers, Q2 2026: 30 institutions bought and 23 sold ; the biggest buyer was Simplify Asset Management Inc (+397K shares) and the biggest seller 1060 Capital, LLC (−470K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Private Management Group Inc $4.9M 1.7M 12.5% ▼ 1.5%
Vanguard Capital Management LLC $3.9M 1.4M 10.1% ▲ 0.8%
Catawba River Capital $3.9M 1.4M 9.9% ▼ 17.3%
Rangeley Capital, LLC $2.6M 926K 6.6% ▲ 1.1%
White Pine Capital LLC $2.4M 851K 6.1% ▼ 22.9%
Castleknight Management LP $2.2M 784K 5.6% 0.0%
Orvieto Partners, L.P. $2M 715K 5.1% 0.0%
Blackrock, Inc. $1.8M 650K 4.7% ▲ 5.0%
Gabelli Funds LLC $1.7M 611K 4.4% 0.0%
GAMCO Investors, Inc. Et Al $1.6M 558K 4.0% 0.0%
Renaissance Technologies LLC $1.4M 518K 3.7% ▲ 13.7%
LPL Financial LLC $1.3M 451K 3.2% ▲ 1.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Full House Resorts Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 14 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 3 sales of Full House Resorts Inc shares.

  • Susie Lee(D-NV 3):Sale (partial), $1,001 - $15,000, traded July 1, 2026, filed July 8, 2026
  • Susie Lee(D-NV 3):Sale (partial), $1,001 - $15,000, traded June 1, 2026, filed July 8, 2026
  • Susie Lee(D-NV 3):Sale (partial), $1,001 - $15,000, traded April 21, 2026, filed June 4, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • March 5, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Full House Resorts Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Full House Resorts Inc in brief

What does Full House Resorts Inc do?
Full House Resorts Inc is a US-listed company in the casinos & gaming industry. Its financial year ends in December.
What is Full House Resorts Inc's stock ticker?
Full House Resorts Inc trades under the ticker FLL on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Full House Resorts Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Full House Resorts Inc reported revenue of $306M, 2.8% higher than a year earlier, according to its SEC filings.
What is Full House Resorts Inc's free cash flow?
Full House Resorts Inc's free-cash-flow margin is 1.3% of revenue over the trailing twelve months, ranking 16 of the 21 casinos & gaming companies we cover.
Who are Full House Resorts Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Private Management Group Inc, Vanguard Capital Management LLC and Catawba River Capital. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Full House Resorts Inc's market cap?
On November 2, 2026, Full House Resorts Inc's market capitalisation was about $26.8M and net debt of $436M. Market figures come from third-party market data and may be delayed.
Who are Full House Resorts Inc's competitors?
In our Casinos & Gaming peer group, the companies closest to Full House Resorts Inc are Codere Online Luxembourg, S.a., Monarch Casino & Resort Inc, Century Casinos Inc, Studio City International Holdings Ltd and Bragg Gaming Group Inc. The side-by-side comparison below sets their revenue, margins and growth against Full House Resorts Inc's.
When is Full House Resorts Inc's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Full House Resorts Inc announces its own schedule.