Light & 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

82.48 6.87 −7.69%
Market cap
$7.0B
P/E
21.8×
Fwd P/E
16.5×
Dividend yield
—
F-score
5/9
Altman Z
2.06
Beneish M
−2.72
Dividend safety
n/a

Light & Wonder, Inc. (LNWO) Revenue

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Light & Wonder, Inc.'s revenue for fiscal 2025 was $3.3B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $3.3B. Over the past ten years it has ranged from $1.7B (fiscal 2020) to $3.4B (fiscal 2018); the current reading is higher than 91% of that period. Revenue has risen for 5 consecutive fiscal years. Light & Wonder, Inc. ranks 3rd of 15 Gambling companies by revenue.

Revenue, annual

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Annual newest first

Period Revenue Change
FY2025 $3.3B 3.95%
FY2024 $3.2B 9.86%
FY2023 $2.9B 15.53%
FY2022 $2.5B 16.67%
FY2021 $2.2B 26.72%
FY2020 $1.7B (28.85%)
FY2019 $2.4B (28.99%)
FY2018 $3.4B 9.05%
FY2017 $3.1B 6.96%
FY2016 $2.9B 4.52%

Quarterly newest first

Period Revenue Change
Sep 2026 $824.0M (0.48%)
Jun 2026 $828.0M 4.81%
Mar 2026 $790.0M (11.24%)
Dec 2025 $890.0M 5.83%
43 more quarters

Against its own ten years

Low $1.7B High $3.4B
Ten-year median $2.9B
Current reading's percentile 91

Revenue against peers

What Revenue is

Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.

Reported line item

The full definition of Revenue →

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