Red Rock Resorts, Inc. income statement
In fiscal 2025, Red Rock Resorts, Inc. reported revenue of $2.01bn, up 3.7% on the year before, operating income of $597m (a 29.7% margin) and net income of $188m, or $3.12 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,292 | 1,352 | 1,476 | 1,642 | 1,681 | 1,857 | 1,182 | 1,618 | 1,664 | 1,724 | 1,939 | 2,011 | 2,005 |
| Selling, general and administrative | 320 | 328 | 327 | 381 | 390 | 416 | 325 | 347 | 353 | 374 | 432 | 441 | 457 |
| Operating income | 237 | 287 | 310 | 331 | 372 | 186 | 89 | 402 | 561 | 559 | 569 | 597 | 555 |
| Interest expense | 152 | 144 | 140 | 131 | 143 | 157 | 128 | 103 | 130 | 181 | 229 | 202 | 199 |
| Income before tax | 131 | 143 | 164 | 198 | 243 | −8 | −60 | 286 | 435 | 381 | 328 | 402 | 365 |
| Income tax | 0 | 0 | 8 | 135 | 24 | −2 | 114 | −69 | 45 | 43 | 37 | 47 | 45 |
| Net income | 101 | 138 | 92 | 35 | 158 | −3 | −150 | 242 | 205 | 176 | 154 | 188 | 169 |
| Diluted EPS | $1.12 | $1.53 | $1.03 | $0.42 | $1.77 | −$0.05 | −$2.13 | $2.84 | $3.36 | $2.94 | $2.53 | $3.12 | $2.10 |
| Diluted shares (average) | 10m | 10m | 34m | 116m | 117m | 70m | 71m | 116m | 105m | 103m | 104m | 103m | 81m |
| EBITDA | 365 | 425 | 466 | 509 | 552 | 408 | 320 | 559 | 690 | 691 | 756 | 795 | 771 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 468 | 496 | 498 | 526 | 476 | 512 | 507 | 510 |
| Selling, general and administrative | 109 | 107 | 105 | 112 | 113 | 112 | 114 | 118 |
| Operating income | 131 | 142 | 154 | 168 | 131 | 144 | 144 | 136 |
| Interest expense | 58 | 56 | 51 | 51 | 50 | 50 | 50 | 50 |
| Income before tax | 63 | 99 | 99 | 124 | 83 | 96 | 96 | 90 |
| Income tax | 8 | 11 | 13 | 16 | 7 | 11 | 13 | 13 |
| Net income | 29 | 47 | 45 | 56 | 42 | 45 | 43 | 39 |
| Diluted EPS | $0.48 | $0.76 | $0.75 | $0.95 | $0.68 | $0.75 | $0.73 | $0.67 |
| EBITDA | 178 | 190 | 203 | 216 | 180 | 196 | 200 | 195 |
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