Wynn Resorts Earnings Reports

Wynn Resorts posted $1.83B in revenue and returned to profitability in Q3 2025, supported by strong Macau operations and continued EBITDA growth in Las Vegas.

Wynn Resorts posted $1.74B in revenue for Q2 2025, with EPS of $0.64 and Adjusted Property EBITDAR of $552.4M. Las Vegas achieved a record second-quarter EBITDAR, while Macau performance was pressured by VIP hold variance.

Wynn Resorts saw decreased revenue and net income in Q1 2025, driven by lower performance in Macau and slightly softer results in Las Vegas. The company continued capital returns and advanced construction of its UAE project.

Wynn Resorts maintained revenue at $1.84B in Q4 2024, with strong performance in Las Vegas and Macau. However, net income dropped significantly, largely due to the absence of a $474.2M tax benefit recorded in Q4 2023. Adjusted Property EBITDAR declined slightly by 1.79% YoY.

Wynn Resorts reported Q3 2024 operating revenues of $1.69 billion, a slight increase from $1.67 billion in Q3 2023. The net loss attributable to Wynn Resorts was $32.1 million, an improvement from the $116.7 million loss in the same quarter last year. Adjusted Property EBITDAR was $527.7 million, slightly lower than the $530.4 million reported in Q3 2023.

Wynn Resorts reported operating revenues of $1.73 billion for the second quarter of 2024, an increase of $137.1 million from $1.60 billion for the second quarter of 2023. Net income attributable to Wynn Resorts, Limited was $111.9 million for the second quarter of 2024, compared to $105.2 million for the second quarter of 2023. Adjusted Property EBITDAR was $571.7 million for the second quarter of 2024, compared to $524.5 million for the second quarter of 2023.

Wynn Resorts reported a strong first quarter in 2024, with operating revenues of $1.86 billion, an increase of $439.2 million from Q1 2023. Net income attributable to Wynn Resorts, Limited was $144.2 million, compared to $12.3 million in the previous year. Adjusted Property EBITDAR reached a new all-time record at $646.5 million.

Wynn Resorts' Q4 2023 saw significant revenue growth, driven by Macau and Las Vegas operations. Operating revenues reached $1.84 billion, a substantial increase from the previous year, and net income attributable to Wynn Resorts, Limited was $729.2 million, a significant rise from $32.4 million in Q4 2022. Adjusted Property EBITDAR also reached a new all-time record.

Wynn Resorts reported operating revenues of $1.67 billion for Q3 2023, a significant increase from $889.7 million in Q3 2022. The company's net loss attributable to Wynn Resorts, Limited decreased to $116.7 million, compared to a net loss of $142.9 million in the same quarter of the previous year. Adjusted Property EBITDAR was $530.4 million, a substantial rise from $173.5 million in Q3 2022.

Wynn Resorts reported strong second-quarter results, with operating revenues increasing to $1.60 billion and net income attributable to Wynn Resorts, Limited reaching $105.2 million, a significant improvement from the previous year's net loss. Adjusted Property EBITDAR also saw a substantial increase, reflecting continued strength in both North American and Macau operations.

Wynn Resorts reported a strong first quarter in 2023, marked by significant increases in operating revenues and a return to profitability. The company saw substantial growth in its Macau operations and record performance in North America. The company also reinstated its quarterly dividend program.

Wynn Resorts' Q4 2022 results showed a slight decrease in operating revenues compared to Q4 2021, but the company swung to net income attributable to Wynn Resorts, Limited, compared to a net loss in the same period last year. The North American properties achieved a new fourth-quarter record for Adjusted Property EBITDAR.

Wynn Resorts, Limited reported operating revenues of $889.7 million for the third quarter of 2022, a decrease of $104.9 million compared to the third quarter of 2021. Net loss attributable to Wynn Resorts, Limited was $142.9 million, or $1.27 per diluted share. Adjusted Property EBITDA was $173.5 million, an increase of 12.3% compared to the third quarter of 2021.

Wynn Resorts' Q2 2022 results reflect continued strength in Wynn Las Vegas and Encore Boston Harbor, which achieved record Adjusted Property EBITDA. However, Macau operations were significantly impacted by COVID-related travel restrictions, leading to a decrease in overall operating revenues compared to Q2 2021.

Wynn Resorts' first quarter results showed continued strength in Wynn Las Vegas and Encore Boston Harbor, with record Adjusted Property EBITDA for the quarter. The company remains confident in the Macau market's recovery as travel restrictions ease.

Wynn Resorts, Limited reported financial results for the fourth quarter and year ended December 31, 2021. Operating revenues were $1.05 billion for the fourth quarter of 2021, an increase of 53.5% from $686.0 million for the fourth quarter of 2020. Net loss attributable to Wynn Resorts, Limited was $177.2 million for the fourth quarter of 2021, compared to net loss attributable to Wynn Resorts, Limited of $269.5 million in the fourth quarter of 2020. Adjusted Property EBITDA was $149.1 million for the fourth quarter of 2021, compared to Adjusted Property EBITDA of $69.8 million in the fourth quarter of 2020.

Wynn Resorts, Limited reported operating revenues of $994.6 million for the third quarter of 2021, a significant increase from $370.5 million in the third quarter of 2020. The net loss attributable to Wynn Resorts, Limited was $166.2 million, or $1.45 per diluted share, for the third quarter of 2021, compared to a net loss of $758.1 million, or $7.10 per diluted share, in the third quarter of 2020.

Wynn Resorts, Limited reported strong performance in the second quarter of 2021, with significant increases in operating revenues across its properties compared to the same period in 2020. The company's U.S. operations showed particularly strong recovery, with Adjusted Property EBITDA well above pre-pandemic levels. While Macau experienced some challenges, there was encouraging demand during the May holiday period.

Wynn Resorts, Limited reported operating revenues of $725.8 million for the first quarter of 2021, a decrease of 23.9% from $953.7 million in the first quarter of 2020. The net loss attributable to Wynn Resorts, Limited was $281.0 million, or $2.53 per diluted share, compared to a net loss of $402.0 million, or $3.77 per diluted share, in the first quarter of 2020. Adjusted Property EBITDA increased at Wynn Palace, Las Vegas Operations, and Encore Boston Harbor, but decreased at Wynn Macau.

Wynn Resorts' operating revenues for Q4 2020 were $686.0 million, a 58.5% decrease compared to Q4 2019. The net loss attributable to Wynn Resorts was $269.5 million, or $2.53 per diluted share, compared to a net loss of $72.9 million, or $0.68 per diluted share, in Q4 2019. Adjusted Property EBITDA was $69.8 million for the quarter, down from $443.1 million in the prior year.

Wynn Resorts reported a significant decrease in operating revenues and a net loss for the third quarter of 2020, primarily due to the ongoing impact of the COVID-19 pandemic and related operating restrictions. However, Encore Boston Harbor delivered record quarterly EBITDA, and Wynn Las Vegas experienced strong leisure demand on weekends. Macau saw a gradual easing of visitation restrictions, leading to EBITDA break-even in October.

Wynn Resorts reported a 94.8% decrease in operating revenues, totaling $85.7 million, and a net loss of $637.6 million for the second quarter of 2020, compared to $1.66 billion in operating revenues and net income of $94.6 million for the second quarter of 2019. The results were heavily impacted by the COVID-19 pandemic and related closures and restrictions.

Wynn Resorts' Q1 2020 results were significantly impacted by the COVID-19 pandemic, with operating revenues decreasing by 42.3% to $953.7 million. The company reported a net loss of $402.0 million, or $3.77 per diluted share, compared to a net income of $104.9 million, or $0.98 per diluted share, in Q1 2019. Adjusted Property EBITDA was $(5.3) million, including $75.7 million of expense related to employee wages and benefits.

Wynn Resorts, Limited reported operating revenues of $1.65 billion for the fourth quarter of 2019, a decrease of 2.0% compared to the fourth quarter of 2018. The company experienced a net loss attributable to Wynn Resorts, Limited of $72.9 million, or $0.68 per diluted share, compared to net income of $464.9 million, or $4.31 per diluted share, in the fourth quarter of 2018.