Earnings Releases·Nov 5, 2026, 4:04 PM ET

Wynn Resorts — Third Quarter 2026 Earnings Summary

Operating revenues declined 7.9% year-over-year to $1.69 billion, while net income attributable to Wynn Resorts fell to $17.3 million from $88.3 million in the prior year quarter; Adjusted Property EBITDAR decreased 18.6% to $464.2 million.
All major business segments reported revenue and EBITDAR declines, with Las Vegas Operations and Wynn Palace seeing the largest drops in Adjusted Property EBITDAR of $44.6 million and $34.5 million, respectively.
The company executed a $900 million debt refinancing by issuing 6.875% Senior Notes due 2035 to redeem 2027 senior notes, while total debt outstanding stood at $10.73 billion against $1.64 billion in cash.
Capital return activities included a $0.25 per share dividend declaration and $58.1 million in share repurchases, leaving $268.0 million in remaining repurchase authority.
Wynn Al Marjan Island remains on track for a September 2027 opening with $1.12 billion in life-to-date contributions, while management cited strong operational discipline despite market headwinds and a labor strike in Boston.