Earnings Releases·Nov 5, 2026, 7:00 AM ET

PENN Entertainment, Inc. — Third Quarter 2026 Earnings Summary

Total revenues reached $1,840.0 million, up from $1,717.3 million year-over-year, while net income swung to a $32.6 million profit from an $865.1 million loss in the prior year period.
Consolidated Adjusted EBITDA increased to $284.0 million from $194.9 million, driven by Retail segment Adjusted EBITDAR growth and a significant reduction in Interactive segment losses to $18.3 million from $76.6 million.
Traditional net debt decreased to $1.8 billion from $2.2 billion at year-end 2025, and capital expenditures fell to $59.2 million from $172.7 million in the prior year period.
Management expressed confidence in achieving full-year Interactive Adjusted EBITDA targets, citing healthy operating trends through October and early profitability in Alberta operations.
The company highlighted a strong development pipeline and strategic expansion in U.S. iCasino and Canadian markets, supported by a $2.0 billion liquidity position.