Boyd Gaming Corporation announced strong financial results for the fourth quarter and full year ended December 31, 2025, with revenues increasing to $1.1 billion for the quarter and $4.1 billion for the full year. The company reported net income of $140.4 million for the quarter and $1.8 billion for the full year, significantly impacted by a $1.4 billion after-tax gain from the sale of its equity interest in FanDuel.

Boyd Gaming delivered Q3 2025 revenue of $1.0 billion, up from $961.2 million a year earlier. Net income surged to $1.44 billion due to a $1.4 billion gain from the sale of its FanDuel stake, while adjusted earnings remained stable at $139.1 million. Adjusted EBITDAR reached $321.8 million, reflecting solid property performance across all operating segments and continued operational efficiency.

Boyd Gaming posted $1.03 billion in Q2 2025 revenue, supported by strong performance in Las Vegas Locals and Midwest & South segments. Adjusted EBITDAR grew to $357.9 million, while net income rose to $151.5 million.

Boyd Gaming delivered revenue and EBITDAR growth across its segments in Q1 2025, maintaining strong margins and reporting a net income of $111.4 million.

Boyd Gaming delivered strong financial results in Q4 2024, with revenue reaching $1.04 billion and adjusted earnings per share increasing to $1.96. The company's net income surged to $170.5 million, driven by growth in its Online and Midwest & South segments. Despite competitive pressures in certain markets, Boyd Gaming maintained strong property-level operating margins.

Boyd Gaming reported a revenue increase to $961.2 million, up from $903.2 million in Q3 2023. Net income was $131.1 million, or $1.43 per share, compared to $135.2 million, or $1.34 per share, in the previous year. Adjusted EBITDAR increased to $336.6 million from $320.8 million in the same period last year. Adjusted earnings were $139.3 million, or $1.52 per share, compared to $137.3 million, or $1.36 per share, for the same period in 2023.

Boyd Gaming reported a revenue increase to $967.5 million, up from $917.0 million in the second quarter of 2023, driven by the Online segment. Net income was $139.8 million, or $1.47 per share, compared to $192.5 million, or $1.89 per share, for the year-ago period. Total Adjusted EBITDAR was $344.2 million versus $351.4 million in the second quarter of 2023.

Boyd Gaming reported a challenging first quarter with revenues slightly down at $960.5 million compared to $964.0 million in the previous year. Net income decreased to $136.5 million, or $1.40 per share, from $199.7 million, or $1.93 per share, in the same period last year. Adjusted EBITDAR was $330.5 million, down from $367.1 million in the first quarter of 2023.

Boyd Gaming reported a revenue increase for Q4 2023, with strong performances across its segments. The company's management team maintained high property-level operating margins and returned significant capital to shareholders.

Boyd Gaming reported a revenue increase to $903.2 million, up from $877.3 million in Q3 2022. Net income was $135.2 million, or $1.34 per share, compared to $157.0 million, or $1.46 per share, in the previous year. Adjusted EBITDAR was $320.8 million, down from $337.7 million in Q3 2022. Adjusted earnings were $137.3 million, or $1.36 per share, versus $159.2 million, or $1.48 per share, for the same period in 2022.

Boyd Gaming reported a revenue increase to $917.0 million from $894.5 million in Q2 2022. Net income also increased to $192.5 million, or $1.89 per share, from $146.8 million, or $1.33 per share, in the previous year. Total Adjusted EBITDAR was $351.4 million, slightly down from $353.9 million in Q2 2022.

Boyd Gaming reported a strong first quarter in 2023, with revenue increasing by 12.0% to $964.0 million and net income reaching $199.7 million, or $1.93 per share. Adjusted EBITDAR rose by 8.4% to $367.1 million, and adjusted earnings were $177.4 million, or $1.71 per share. The company saw increased play from core customers and growth in non-gaming operations, with particularly strong performances in its Nevada segments and online operations.

Boyd Gaming Corporation reported a strong fourth quarter in 2022, achieving record revenue of $922.9 million and net income of $172.7 million, or $1.63 per share. The company's success was driven by strong performances in its Nevada segments, management fees from Sky River, and growth in its online business. Total Adjusted EBITDAR was $360.1 million, up from $347.3 million in the prior year.

Boyd Gaming's third-quarter 2022 revenues reached $877.3 million, up from $843.1 million in 2021. Net income was $157.0 million, or $1.46 per share, compared to $138.2 million, or $1.21 per share, in the previous year. Adjusted EBITDAR was $337.7 million, slightly lower than the $340.7 million in 2021. Adjusted earnings were $159.2 million, or $1.48 per share, compared to $149.0 million, or $1.30 per share, in 2021.

Boyd Gaming's second-quarter 2022 revenues increased slightly to $894.5 million. Net income was reported at $146.8 million, or $1.33 per share. Adjusted EBITDAR was $353.9 million, and adjusted earnings were $163.5 million, or $1.48 per share.

Boyd Gaming's first quarter of 2022 saw record revenue, EBITDAR, and margin performances driven by strong performance from core customers and sustained efficiencies. The company advanced its online gaming strategy by agreeing to acquire Pala Interactive and continued its capital return program, repurchasing $132 million in stock and reinstating its quarterly cash dividend.

Boyd Gaming Corporation reported a strong fourth quarter and full year for 2021, marked by record revenues, adjusted EBITDAR, and net income. The company's board reinstated a quarterly dividend, increasing the payout to $0.15 per share, reflecting a commitment to returning capital to shareholders.

Boyd Gaming reported a strong third quarter with record revenue, EBITDAR, and operating margins. The company's focus on core customers and efficient operations drove significant growth compared to the previous year. A new $300 million share repurchase program was authorized, reflecting confidence in the company's long-term prospects.

Boyd Gaming reported strong second-quarter results with record Adjusted EBITDAR and operating margins. Gaming revenues surpassed 2019 levels, and the company is confident in its ability to continue delivering robust EBITDAR and margin performance.

Boyd Gaming reported Q4 revenues of $635.9 million and net income of $83.3 million, or $0.73 per share. The company achieved record companywide operating margins for the second consecutive quarter, driven by a more efficient operating model and strong performance in the Midwest & South segment.

Boyd Gaming reported Q3 2020 revenues of $652.2 million, net income of $38.1 million, and adjusted EBITDAR of $238.8 million. The Las Vegas Locals segment delivered record third quarter adjusted EBITDAR with a 46% margin, and the Midwest & South segment's adjusted EBITDAR set an all-time quarterly record with a 39% margin.

Boyd Gaming reported a net loss for Q2 2020 due to the COVID-19 pandemic, with all properties closed for a significant portion of the quarter. However, reopened properties showed strong EBITDAR growth and margin improvement, particularly in the Midwest & South and Las Vegas Locals segments. The company is also expanding its iGaming strategy with the launch of Stardust Social Casino.

Boyd Gaming reported a net loss of $18.3 million for the first quarter of 2020, with revenues decreasing to $680.5 million. The company's results were severely impacted by the closure of all properties in mid-March due to the COVID-19 pandemic, but they have taken actions to reduce expenses and preserve liquidity.

Boyd Gaming Corporation reported a 5.2% increase in fourth-quarter revenues to $833.1 million and a 9.1% increase in Adjusted EBITDAR to $227.6 million. Net income increased by 6% to $24.3 million, or $0.21 per share. The company's performance was driven by same-store revenue and Adjusted EBITDAR growth across all segments, as well as strong contributions from newly acquired Ameristar and Belterra properties.