Earnings Releases·Nov 3, 2026, 4:01 PM ET

Red Rock Resorts — Third Quarter 2026 Earnings Summary

Consolidated net revenues rose 2.8% to $488.7 million, while net loss of $17.7 million and Adjusted EBITDA of $182.6 million (down 4.3%) were impacted by $79.1 million in share-based compensation and $6.9 million in one-time anniversary expenses.
Las Vegas operations generated $479.1 million in revenue (up 2.2%) with Adjusted EBITDA of $204.6 million (down 2.3%), whereas Native American activities saw revenue and Adjusted EBITDA grow 59.0% and 30.8% respectively.
The Board declared a $0.26 per share cash dividend for Q4 2026 payable December 31, 2026, accompanied by a $29.2 million cash distribution from Station Holdco LLC.
The company ended the quarter with $128.3 million in cash and cash equivalents and $3.7 billion in total debt outstanding.