Wynn Resorts is demonstrating a stabilizing revenue base near $1.9B with improving gross margins (40.9% in 2026Q2) and operating leverage, yet the balance sheet remains strained with negative equity of -$906.7M and total debt of $12.3B.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth stabilized at 6.9% in 2026Q2 with gross margin recovering to 40.9% from a 32.0% trough, though still below peers like LVS (49.8%).
Wynn's Macau operations generated $989.2M in operating revenue and $279.4M in adjusted property EBITDAR, driving overall revenue growth.
Wynn Resorts' global luxury resorts continue to attract high-spend visitors, supporting premium pricing and revenue stability.
Investments like Wynn Al Marjan Island demonstrate growth potential without overstretching the balance sheet.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $0.33-37.1% vs $0.53 | $1.7B-3.3% vs $1.7B |
Q3 2026 Aug 4, 2026 | $1.24+25.0% vs $0.99 | $1.9B+1.3% vs $1.8B |
Q2 2026 May 7, 2026 | $1.25+0.0% vs $1.25 | $1.9B+1.9% vs $1.8B |
Q1 2026 Feb 12, 2026 | $1.17-12.0% vs $1.33 | $1.9B+0.7% vs $1.9B |
Wynn Resorts NASDAQ: WYNN reported a mixed third quarter as unfavorable casino hold and a softer summer market weighed on its Las Vegas property, while a labor strike affected its Boston operation and Macau experienced a soft September.
WYNN's Q3 earnings and revenues miss estimates as softer Macau gaming, unfavorable Las Vegas hold and Boston labor disruptions weigh on results.
While the top- and bottom-line numbers for Wynn (WYNN) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Wynn Resorts, Limited (WYNN) Q3 2026 Earnings Call Transcript
Benchmark WYNN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Wynn Resorts, Limited (WYNN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $83.11 | $8.63B | 22.49 | 0.14% | 5.2% | — | 2.02% | |
| $40.73 | $26.38B | 15.90 | 15.22% | 12.05% | 146.8% | 2.95% | |
| $32.34 | $8.14B | 11.73 | 1.72% | 3.92% | 20.79% | — | |
| $4.51 | $1.75B | 10.39 | 11.32% | 3.15% | — | 0% | |
| $29.23 | $5.95B | -11.19 | 2.14% | -4.55% | -14.93% | — | |
| $17.43 | $2.33B | -256.70 | 5.82% | -0.13% | -0.5% | — |
Wynn Resorts, Limited (WYNN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Wynn Resorts, Limited (WYNN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 4, 2026·SEC
Jul 22, 2026·SEC
May 8, 2026·SEC
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Wynn Resorts, Limited (WYNN) stock FAQ — growth, dividends, profitability & financials explained
Wynn Resorts, Limited (WYNN) reported $7.27B in revenue over the trailing twelve months. Revenue was $7.14B in fiscal year 2025. That is 615769% more than the $1.2M of fiscal year 2002.
Wynn Resorts, Limited (WYNN) grew revenue by 2.2% over the trailing twelve months, compared with the twelve months before.
Yes. Wynn Resorts, Limited (WYNN) earned $377.9M in net income over the trailing twelve months (a 5.2% net margin).
Yes. Wynn Resorts, Limited (WYNN) pays a dividend that yields 2.02% at the current price, a moderate yield.
Wynn Resorts, Limited (WYNN) generated $620.6M in free cash flow over the trailing twelve months.
