LAWILOTCServices-Computer Integrated Systems DesignFiscal year ends December 31Also trades as LNWO

Light & Wonder, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026

$92.45+8.45 (+10.06%)

Close on Aug 19, 2026

Market cap: $7.26B
P/E (TTM): 28.4
Dividend yield: –

Light & Wonder, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	3,314	3,188	2,902	2,512	2,153	1,699	2,388	3,363	3,084	2,883	2,759	1,786	1,091	929	866	871	928	1,119
Cost of Revenue	885	931	872	738	–	–	1,284	1,255	1,164	1,106	1,104	849	592	518	482	515	549	86
Gross Profit	2,429	2,257	2,030	1,774	–	–	1,104	2,108	1,920	1,777	1,655	937	499	410	384	356	378	1,033
Research & Development	252	262	228	218	190	148	166	202	184	205	184	117	26	6.60	6.10	–	–	–
Selling, General & Admin	869	872	808	717	679	627	619	697	613	577	568	508	266	179	173	159	168	184
Advertising Expenses	165	177	160	162	124	123	125	102	83	71	41	32	9.40	5.00	–	–	–	–
Operating Income	683	668	518	273	110	-245	290	266	394	131	-1,025	-173	-18	63	92	59	-0.03	22
Interest Expense	314	293	309	327	478	503	589	597	610	661	665	307	120	100	105	102	87	78
Interest & Investment Income	16	20	34	17	5.00	–	–	–	–	–	–	–	–	–	–	–	–	–
Income from Equity Investments	–	–	–	–	–	-6.00	24	25	27	13	17	-7.60	1.50	28	29	49	59	59
Other Non-Operating Income	1.00	48	11	11	33	-4.00	13	17	0	14	-22	4.00	-1.10	1.30	-0.10	-8.59	-2.86	4.69
Merger & Restructuring Charges	219	94	92	146	167	56	25	253	46	57	22	31	23	11	2.00	–	–	–
Asset Impairment Charges	–	–	–	0	0	54	0	0	0	69	1,003	0	0	3.10	6.40	–	–	–
Gain (Loss) on Sale of Assets	–	–	–	1.00	21	0	7.00	16	-1.00	2.80	–	–	–	0	0	-8.39	-0.18	–
Pretax Income	365	421	205	-163	-294	-804	-377	-339	-227	-479	-1,694	-495	-143	-23	13	-5.31	-26	–
Income Tax Expense	89	85	25	13	-318	-3.00	-47	13	15	-125	-300	-261	-118	21	18	144	14	8.35
Income from Continuing Operations	–	336	180	-176	24	-801	-330	–	-242	-354	-1,394	-234	-26	-44	-5.80	-144	–	–
Income from Discontinued Operations	–	0	0	3,873	366	253	212	–	–	–	0	0	-4.60	-19	-6.80	–	–	–
Net Income incl. Noncontrolling Interests	276	336	180	3,697	390	-548	-118	-352	-242	–	–	–	–	–	–	–	–	–
Minority Interest in Earnings	–	–	–	–	–	–	12	–	–	–	–	–	–	–	–	–	–	–
Net Income	276	336	163	3,675	371	-569	-130	-352	-242	-354	-1,394	-234	-30	-63	-13	-149	-40	-4.49
Net Income to Common	–	–	–	–	–	–	–	–	–	–	–	–	–	-63	-13	-149	-40	–
EPS (Basic)(per share)	3.32	3.77	1.79	38.78	3.86	-6.02	-1.40	-3.87	-2.72	-4.05	-16.23	-2.77	-0.36	-0.70	-0.14	-1.61	-0.43	-0.05
EPS (Diluted)(per share)	3.26	3.68	1.75	38.78	3.77	-6.02	-1.40	-3.87	-2.72	-4.05	-16.23	-2.77	-0.36	-0.70	-0.14	-1.61	-0.43	-0.05
Shares Outstanding (Basic, Weighted)(shares)	83	89	91	95	96	95	93	91	89	87	86	85	85	90	92	93	93	–
Shares Outstanding (Diluted, Weighted)(shares)	85	91	93	95	98	95	93	91	89	87	86	85	85	90	92	93	93	93
EBITDA	1,089	1,029	902	693	508	204	832	956	1,077	869	-121	282	184	214	203	201	152	240
Net Interest Income	-314	-293	-309	-327	-478	-503	-589	-597	-610	-661	–	–	–	–	–	–	–	–
Provision for Credit Losses	–	–	–	–	–	–	–	–	–	–	–	–	9.30	6.50	0.90	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 74.4%
Operating margin: 19.9%
Net margin: 8.2%
Return on equity, FY2025: –

Financial strength

Current ratio: 1.73
Debt to equity: –
Debt to assets: 80.6%
Cash to current liabilities: 20.7%

Valuation

P/E ratio: 28.4
Price to sales: 2.17
Price to book: –
Dividend yield: –