BOYD GAMING CORP reported quarterly results for 2026 with flat revenue year-over-year and lower net income and earnings per share compared with the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.03B$1.03B0% | Net income²$131.23M$151.46M(13.4%) | Diluted EPS³$1.75$1.84(4.9%) |
¹ Reported as “Total revenues”. ² Reported as “Net income attributable to Boyd Gaming”. ³ Reported as “Diluted net income per common share”.
Business Highlights
- Revenue mix showed modest gaming strength (slot win and handle gains) with total revenues roughly flat year-to-date at about $2.03B.
- Online revenue declined due to terminated market access agreements, partially offset by growth at Boyd Interactive and the Design Works acquisition.
- Continued focus on Boyd Rewards and targeted marketing to support customer retention and brand momentum nationwide.
- Operational activity included openings and transitions—Cadence Crossing opened in March 2026 and a transitional Norfolk facility began operations in November 2025; a full Norfolk resort is planned for late 2027.
- Capital projects elevated depreciation, preopening, demolition and writedown costs associated with renovations, new openings and modernization efforts.
Original SEC Filing:
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