Light & Wonder, Inc. (LNWO)
| Market Cap | 6.79B -8.8% |
| Revenue (ttm) | 3.35B +4.8% |
| Net Income | 271.00M -22.4% |
| EPS | 3.36 -14.9% |
| Shares Out | n/a |
| PE Ratio | 25.04 |
| Forward PE | 10.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,102 |
| Open | 89.55 |
| Previous Close | 90.00 |
| Day's Range | 88.37 - 89.55 |
| 52-Week Range | 70.00 - 122.65 |
| Beta | 0.37 |
| Analysts | Buy |
| Price Target | 119.41 (+34.43%) |
| Earnings Date | Nov 3, 2026 |
About Light & Wonder
Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. It operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals and video lottery terminals, including conversion kits and spare parts. This segment also leases or provides gaming content, gaming machines, and server-based system; electronic pull-tabs and related services to charitable gaming entities; sells and supports casino-management system base... [Read more]
Financial Performance
In 2025, Light & Wonder's revenue was $3.31 billion, an increase of 3.95% compared to the previous year's $3.19 billion. Earnings were $276.00 million, a decrease of -17.86%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for LNWO stock is "Buy." The 12-month stock price target is $119.41, which is an increase of 34.43% from the latest price.
News
Light & Wonder Earnings Call Transcript: Q2 2026
Q2 2026 saw strong EBITDA and EPSA growth, with recurring revenue now 70% of total and robust cash flow conversion. Gaming and iGaming segments drove gains, while SciPlay faced industry softness but improved DTC margins. Focus remains on deleveraging and disciplined capital allocation.
Light & Wonder Earnings release: Q2 2026
Light & Wonder released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Light & Wonder Quarterly report: Q2 2026
Light & Wonder has published its Q2 2026 quarterly earnings report on August 4, 2026.
Light & Wonder Slides: Q2 2026
Light & Wonder has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Light & Wonder, Inc. Reports Second Quarter 2026 Results
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the second quarter ended June 30, 2026. Light & Wonder delivered...
Light & Wonder Transcript: AGM 2026
The meeting highlighted a successful transformation to a sole ASX listing, strong financial performance with reduced leverage and significant buybacks, and a focused strategy on gaming and technology. Key proposals included board elections, executive compensation, and auditor ratification.
Light & Wonder Proxy statement: Proxy filing
Light & Wonder filed a proxy statement on June 1, 2026, providing details for shareholder voting and corporate governance matters.
Light & Wonder Earnings Call Transcript: Q1 2026
Revenue and EBITDA grew year-over-year with margin expansion, driven by recurring revenue and strong Gaming and iGaming performance. Despite legal and macro headwinds, cash flow and share buybacks increased, and guidance remains for mid-to-high single-digit AEBITDA growth in 2026.
Light & Wonder Earnings release: Q1 2026
Light & Wonder released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Light & Wonder Quarterly report: Q1 2026
Light & Wonder has published its Q1 2026 quarterly earnings report on May 6, 2026.
Light & Wonder Slides: Q1 2026
Light & Wonder has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Light & Wonder, Inc. Reports First Quarter 2026 Results
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the first quarter ended March 31, 2026. Light & Wonder delivered...
Light & Wonder Proxy statement: Proxy filing
Light & Wonder filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.
Light & Wonder Proxy statement: Proxy filing
Light & Wonder filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.
Light & Wonder Proxy statement: Proxy filing
Light & Wonder filed a proxy statement on April 20, 2026, providing details for shareholder voting and corporate governance matters.
Light & Wonder to Report First Quarter 2026 Results
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder” or the “Company”) announced today that it will release its financial results for the first quarter ended March 31, 2026, o...
Light & Wonder Earnings Call Transcript: Q4 2025
Strong 2025 results with double-digit revenue and EBITDA growth, driven by gaming and iGaming, and enhanced by the Grover acquisition. Outlook for 2026 remains robust, with continued margin expansion, recurring revenue focus, and reaffirmed 2028 targets.
Light & Wonder Annual report: Q4 2025
Light & Wonder has published its Q4 2025 annual report on February 24, 2026.
Light & Wonder Earnings release: Q4 2025
Light & Wonder released its Q4 2025 earnings on February 24, 2026, summarizing the period's financial results.
Light & Wonder Slides: Q4 2025
Light & Wonder has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 24, 2026.
Light & Wonder, Inc. Reports Fourth Quarter and Full Year 2025 Results
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the fourth quarter and fiscal year ended December 31, 2025. Ligh...
Light & Wonder to Report Fourth Quarter and Full Year 2025 Results on Tuesday, February 24, 2026
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder” or the “Company”), announced today that it will release its financial results for the fourth quarter and year ended Decemb...
Joint Statement Regarding Resolution of Litigation Between Aristocrat and Light & Wonder
LAS VEGAS--(BUSINESS WIRE)--Aristocrat Leisure Limited (ASX:ALL) and Light & Wonder (ASX:LNW) have agreed to settle their pending litigation in Australia and the United States which Aristocrat brought...
Light & Wonder Earnings Call Transcript: Q3 2025
Earnings and cash flow grew strongly, led by recurring revenue and successful Grover integration. Gaming and iGaming segments posted record results, with margin expansion and robust cash generation. Guidance for double-digit growth and strong momentum into Q4 and 2026 was reiterated.
Light & Wonder Quarterly report: Q3 2025
Light & Wonder has published its Q3 2025 quarterly earnings report on November 5, 2025.