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PR Newswire·

Wynn Resorts, Limited Reports Second Quarter 2026 Results

WYNN
  • Wynn Resorts reported second quarter 2026 operating revenues of $1.86 billion, an increase of $119.1 million from $1.74 billion in the same period of 2025.
  • Net income attributable to the company rose to $140.1 million for the quarter, compared to $66.2 million in the prior year period.
  • Diluted net income per share reached $1.32 in the second quarter of 2026, up from $0.64 in the second quarter of 2025.
  • Adjusted Property EBITDAR increased to $568.3 million for the second quarter of 2026, compared to $552.4 million for the second quarter of 2025.
  • Wynn Palace operating revenues grew by $113.8 million to $653.4 million, driven by a 25.9% increase in casino revenue.
  • Wynn Macau operating revenues increased by $7.3 million to $351.1 million, while Adjusted Property EBITDAR decreased slightly by $1.0 million to $95.5 million.
  • Las Vegas Operations operating revenues rose by $4.6 million to $643.2 million, though Adjusted Property EBITDAR declined by $19.6 million to $215.2 million.
  • Encore Boston Harbor operating revenues decreased by $6.4 million to $209.3 million, with Adjusted Property EBITDAR falling to $56.1 million from $63.9 million.
  • The company announced a cash dividend of $0.25 per share payable on August 28, 2026, to stockholders of record as of August 14, 2026.
  • Construction at Wynn Al Marjan Island in the UAE is progressing rapidly, with a projected opening in September 2027.
  • Total cash contributions to the Wynn Al Marjan Island joint venture reached $1.06 billion as of June 30, 2026.
  • The company repurchased 741,098 shares of common stock for $75.0 million during the second quarter of 2026.
  • Cash \& cash equivalents totaled $1.57 billion as of June 30, 2026, with total debt outstanding at $10.72 billion.
  • A conference call to discuss the financial results is scheduled for August 4, 2026, at 1:30 p.m. PT.