Caesars Entertainment, Inc. (CZR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.87B | 2.92B | 2.87B | 2.91B | 2.79B | 2.8B | 2.87B | 2.83B | 2.74B | 2.83B | 2.99B | 2.88B | 2.83B | 2.82B | 2.89B | 2.82B | 2.29B | 2.59B | 2.69B | 2.5B |
| Revenue Growth % | 2.72% | 4.18% | -0.17% | 2.72% | 1.9% | -0.92% | -4.01% | -1.7% | -3.11% | 0.14% | 3.71% | 2.06% | 23.47% | 8.88% | 7.52% | 12.75% | 27.9% | 73.08% | 86.07% | 1878.33% |
| Cost of Goods Sold | 1.43B | 1.83B | 1.81B | 1.42B | 1.38B | 1.4B | 1.35B | 1.32B | 1.35B | 1.38B | 1.36B | 1.33B | 1.32B | 1.3B | 1.32B | 1.31B | 1.47B | 1.47B | 1.28B | 1.04B |
| COGS % of Revenue | 49.72% | 62.65% | 63.02% | 48.92% | 49.46% | 49.88% | 47.15% | 46.71% | 49.09% | 48.92% | 45.46% | 46.16% | 46.75% | 46.12% | 45.9% | 46.3% | 64.09% | 56.85% | 47.82% | 41.77% |
| Gross Profit | 1.44B | 1.09B | 1.06B | 1.49B | 1.41B | 1.4B | 1.52B | 1.51B | 1.4B | 1.44B | 1.63B | 1.55B | 1.51B | 1.52B | 1.56B | 1.51B | 823M | 1.12B | 1.4B | 1.46B |
| Gross Margin % | 50.28% | 37.35% | 36.98% | 51.08% | 50.54% | 50.13% | 52.85% | 53.29% | 50.91% | 51.08% | 54.54% | 53.84% | 53.25% | 53.88% | 54.1% | 53.7% | 35.91% | 43.15% | 52.18% | 58.23% |
| Gross Profit Growth % | 2.2% | -22.38% | -30.15% | -1.53% | 1.15% | -2.77% | -6.98% | -2.71% | -7.37% | -5.07% | 4.55% | 2.31% | 83.11% | 35.96% | 11.49% | 3.98% | -13.09% | 55.28% | 170.99% | 7608.18% |
| Operating Expenses | 943M | 564M | 558M | 959M | 924M | 734M | 875M | 1B | 911M | 907M | 909M | 941M | 904M | 1.03B | 903M | 913M | 833M | 996M | 869M | 867M |
| OpEx % of Revenue | 32.86% | 19.34% | 19.45% | 32.99% | 33.07% | 26.22% | 30.45% | 35.41% | 33.22% | 32.11% | 30.36% | 32.68% | 31.94% | 36.58% | 31.28% | 32.36% | 36.34% | 38.44% | 32.37% | 34.65% |
| Selling, General & Admin | 592M | 564M | 483M | 477M | 483M | 477M | 478M | 465M | 500M | 476M | 528M | 499M | 509M | 523M | 529M | 517M | 499M | 498M | 486M | 418M |
| SG&A % of Revenue | 20.63% | 19.34% | 16.84% | 16.41% | 17.29% | 17.04% | 16.63% | 16.43% | 18.23% | 16.85% | 17.64% | 17.33% | 17.99% | 18.54% | 18.32% | 18.33% | 21.77% | 19.22% | 18.1% | 16.71% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 500M | 525M | 503M | 526M | 488M | 669M | 644M | 506M | 485M | 536M | 724M | 609M | 603M | 488M | 659M | 602M | -10M | 122M | 532M | 590M |
| Operating Margin % | 17.42% | 18% | 17.53% | 18.09% | 17.47% | 23.9% | 22.41% | 17.88% | 17.69% | 18.97% | 24.18% | 21.15% | 21.31% | 17.3% | 22.83% | 21.34% | -0.44% | 4.71% | 19.81% | 23.58% |
| Operating Income Growth % | 2.46% | -21.52% | -21.89% | 3.95% | 0.62% | 24.81% | -11.05% | -16.91% | -19.57% | 9.84% | 9.86% | 1.16% | 6130% | 300% | 23.87% | 2.03% | -104.63% | 246.99% | 497.75% | 1020.22% |
| EBITDA | 847M | 869M | 855M | 890M | 845M | 1.01B | 970M | 832M | 812M | 854M | 1.04B | 932M | 903M | 783M | 963M | 908M | 290M | 406M | 808M | 891M |
| EBITDA Margin % | 29.51% | 29.8% | 29.8% | 30.62% | 30.24% | 36.23% | 33.75% | 29.4% | 29.61% | 30.23% | 34.87% | 32.37% | 31.91% | 27.76% | 33.36% | 32.19% | 12.65% | 15.67% | 30.09% | 35.61% |
| EBITDA Growth % | 0.24% | -14.3% | -11.86% | 6.97% | 4.06% | 18.74% | -7.09% | -10.73% | -10.08% | 9.07% | 8.41% | 2.64% | 211.38% | 92.86% | 19.18% | 1.91% | -39.71% | 128.09% | 157.32% | 6316.86% |
| D&A (Non-Cash Add-back) | 347M | 344M | 352M | 364M | 357M | 345M | 326M | 326M | 327M | 318M | 320M | 323M | 300M | 295M | 304M | 306M | 300M | 284M | 276M | 301M |
| EBIT | 500M | 525M | 517M | 534M | 493M | 634M | 650M | 504M | 465M | 543M | 723M | 615M | 413M | 441M | 633M | 650M | -4M | 4M | 262M | 677M |
| Net Interest Income | -569M | -575M | -576M | -579M | -574M | -586M | -596M | -594M | -590M | -581M | -581M | -586M | -594M | -585M | -569M | -559M | -552M | -561M | -579M | -576M |
| Interest Income | 0 | 2M | 5M | 7M | 6M | 5M | 2M | 2M | 2M | 2M | 3M | 3M | 4M | 0 | 3M | 3M | 0 | 0 | 0 | 0 |
| Interest Expense | 569M | 577M | 581M | 586M | 580M | 591M | 598M | 596M | 592M | 583M | 584M | 589M | 598M | 585M | 572M | 562M | 552M | 561M | 579M | 576M |
| Other Income/Expense | -571M | -770M | -567M | -578M | -575M | -626M | -592M | -598M | -612M | -576M | -585M | -583M | -788M | -644M | -598M | -514M | -548M | -679M | -849M | -489M |
| Pretax Income | -71M | -245M | -64M | -52M | -87M | 43M | 52M | -92M | -127M | -40M | 139M | 26M | -185M | -156M | 61M | 88M | -558M | -557M | -317M | 101M |
| Pretax Margin % | -2.47% | -8.4% | -2.23% | -1.79% | -3.11% | 1.54% | 1.81% | -3.25% | -4.63% | -1.42% | 4.64% | 0.9% | -6.54% | -5.53% | 2.11% | 3.12% | -24.35% | -21.5% | -11.81% | 4.04% |
| Income Tax | 12M | -10M | -25M | 13M | 11M | 19M | 43M | 10M | 15M | 16M | 47M | -902M | -49M | 6M | 8M | 52M | -107M | -116M | -90M | -1M |
| Effective Tax Rate % | -16.9% | 4.08% | 39.06% | -25% | -12.64% | 44.19% | 82.69% | -10.87% | -11.81% | -40% | 33.81% | -3469.23% | 26.49% | -3.85% | 13.11% | 59.09% | 19.18% | 20.83% | 28.39% | -0.99% |
| Net Income | -98M | -250M | -55M | -82M | -115M | 11M | -9M | -122M | -158M | -72M | 74M | 920M | -136M | -148M | 52M | -123M | -680M | -434M | -233M | 71M |
| Net Margin % | -3.41% | -8.57% | -1.92% | -2.82% | -4.12% | 0.39% | -0.31% | -4.31% | -5.76% | -2.55% | 2.47% | 31.96% | -4.81% | -5.25% | 1.8% | -4.36% | -29.67% | -16.75% | -8.68% | 2.84% |
| Net Income Growth % | 14.78% | -2372.73% | -511.11% | 32.79% | 27.22% | 115.28% | -112.16% | -113.26% | -16.18% | 51.35% | 42.31% | 847.97% | 80% | 65.9% | 122.32% | -273.24% | -60.76% | 21.8% | 74.84% | 171% |
| Net Income (Continuing) | -83M | -235M | -39M | -65M | -98M | 24M | 9M | -102M | -142M | -56M | 92M | 928M | -136M | -162M | 53M | 36M | -451M | -441M | -227M | 102M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 1000K | -1000K | -1000K |
| Minority Interest | 181M | 182M | 193M | 223M | 226M | 219M | 206M | 190M | 184M | 168M | 138M | 122M | 38M | 38M | 54M | 62M | 61M | 61M | 63M | 28M |
| EPS (Diluted) | -0.48 | -1.23 | -0.27 | -0.39 | -0.54 | 0.05 | -0.04 | -0.56 | -0.73 | -0.33 | 0.34 | 4.28 | -0.63 | -0.69 | 0.24 | -0.57 | -3.18 | -2.03 | -1.09 | 0.34 |
| EPS Growth % | 11.11% | -2502.34% | -544.39% | 30.36% | 26.03% | 115.52% | -112.32% | -113.08% | -15.87% | 52.17% | 39.92% | 844.61% | 80.17% | 66.01% | 122.32% | -269.06% | -56.53% | 23.92% | 82.12% | 127.22% |
| EPS (Basic) | -0.48 | -1.23 | -0.27 | -0.39 | -0.54 | 0.05 | -0.04 | -0.56 | -0.73 | -0.33 | 0.34 | 4.28 | -0.63 | -0.69 | 0.24 | -0.57 | -3.18 | -2.03 | -1.09 | 0.34 |
| Diluted Shares Outstanding | 204M | 203M | 207M | 209M | 212M | 215M | 215M | 216M | 216M | 216M | 216M | 215M | 215M | 215M | 214M | 214M | 214M | 214M | 214M | 211M |
| Basic Shares Outstanding | 204M | 203M | 207M | 209M | 212M | 215M | 215M | 216M | 216M | 216M | 215M | 215M | 215M | 215M | 214M | 214M | 214M | 214M | 214M | 209M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |