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
Follow LNWO
Alert me
Light & Wonder, Inc. (LNWO) Net margin
Light & Wonder, Inc.'s net margin over the twelve months to 30 September 2026 was 8.70%, up 0.4 percentage points from fiscal 2025 (8.33%). Over the past ten years it has ranged from −50.5% (fiscal 2015) to 146.3% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Gambling industry median of −2.68% and above the Consumer Cyclical sector median of 2.12%.
Net margin, annual
Embed this chart
Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 8.33% | (2.21) |
| FY2024 | 10.5% | 4.92 |
| FY2023 | 5.62% | (140.68) |
| FY2022 | 146.3% | 129.07 |
| FY2021 | 17.2% | 50.72 |
| FY2020 | −33.5% | (28.05) |
| FY2019 | −5.44% | 5.03 |
| FY2018 | −10.5% | (2.62) |
| FY2017 | −7.85% | 4.42 |
| FY2016 | −12.3% | 38.27 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 16.1% | 1.65 |
| Jun 2026 | 14.5% | 7.91 |
| Mar 2026 | 6.58% | 8.27 |
| Dec 2025 | −1.69% | (15.25) |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| SGHC Super Group (SGHC) Limited compare | 16.7% |
| CHDN Churchill Downs, Incorporated compare | 15.1% |
| BRSL Brightstar Lottery compare | 10.1% |
| LNWO Light & Wonder, Inc. | 8.70% |
| ACEL Accel Entertainment, Inc. compare | 4.48% |
| RSI Rush Street Interactive, Inc. compare | 2.56% |
| DKNG DraftKings Inc. compare | −2.68% |
| FLUT Flutter Entertainment PLC compare | −5.37% |
| CDRO Codere Online Luxembourg, S.A. compare | −16.7% |
| Gambling industry median | −2.68% |
| Consumer Cyclical sector median | 2.12% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on LNWO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- Beneish M-score
- The full statement