Accel Entertainment achieved record quarterly revenues of $335.9 million, an 8.6% increase year-over-year, and record Adjusted EBITDA of $53.2 million, up 7.1%. Despite these gains, net income decreased by 50.2% to $7.3 million, primarily due to a loss on the change in the fair value of contingent earnout shares. The company continued its disciplined expansion strategy, increasing locations and gaming terminals, and saw improved profitability in developing markets.
Record quarterly revenues reached $335.9 million, an 8.6% increase compared to Q2 2024.
Net income for Q2 2025 was $7.3 million, a 50.2% decrease from Q2 2024, mainly due to a loss on contingent earnout shares.
Adjusted EBITDA hit a record $53.2 million, up 7.1% year-over-year.
The company expanded its footprint, ending Q2 2025 with 4,427 locations and 27,388 gaming terminals, representing increases of 3.1% and 3.4% respectively.
Accel Entertainment anticipates continued strong financial performance driven by its disciplined expansion strategy, leveraging market-leading positions in core markets, and improving profitability in developing and new markets. The company expects its recent acquisitions, including Toucan Gaming in Louisiana and Fairmount Park Casino & Racing in Illinois, to contribute significantly to growth in the coming year.
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