stockrowLight & Wonder, Inc.
LNWO Consumer Cyclical Gambling
Light & Wonder, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 3.95% from fiscal 2024.
- Revenue
- −2.02%
- EPS
- +27.0%
- Free cash flow
- +124.8%
- Total debt
- +0.79%
Quarter to September 2026, against a year earlier
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Light & Wonder, Inc. (LNWO) EBITDA
Light & Wonder, Inc.'s EBITDA for fiscal 2025 was $1.1B, up 5.83% from $1.0B in fiscal 2024. Over the twelve months to 30 June 2026 it was $664.0M. Over the past ten years it has ranged from $258.0M (fiscal 2020) to $1.1B (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 5 consecutive fiscal years. Light & Wonder, Inc. ranks 3rd of 15 Gambling companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $1.1B | 5.83% |
| FY2024 | $1.0B | 14.08% |
| FY2023 | $902.0M | 30.16% |
| FY2022 | $693.0M | 36.42% |
| FY2021 | $508.0M | 96.90% |
| FY2020 | $258.0M | (68.99%) |
| FY2019 | $832.0M | (12.97%) |
| FY2018 | $956.0M | (11.23%) |
| FY2017 | $1.1B | 14.78% |
| FY2016 | $938.3M | 6.48% |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $223.0M | 71.54% |
| Mar 2026 | $130.0M | 58.54% |
| Dec 2025 | $82.0M | (64.19%) |
| Sep 2025 | $229.0M | 13.37% |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| BRSL Brightstar Lottery compare | $1.1B |
| CHDN Churchill Downs, Incorporated compare | $1.0B |
| LNWO Light & Wonder, Inc. | $664.0M |
| FLUT Flutter Entertainment PLC compare | $657.0M |
| SGHC Super Group (SGHC) Limited compare | $638.0M |
| RSI Rush Street Interactive, Inc. compare | $204.8M |
| ACEL Accel Entertainment, Inc. compare | $201.5M |
| DKNG DraftKings Inc. compare | $109.6M |
| CDRO Codere Online Luxembourg, S.A. compare | −$13.5M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
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