Boyd Gaming Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,092	3,930	3,738	3,555	3,370
Revenue Growth (YoY)	4.12%	5.13%	5.15%	5.51%	54.69%
Cost of Revenue	2,065	1,880	1,720	1,565	1,398
Gross Profit	2,027	2,050	2,019	1,990	1,972
Selling, General & Admin	554.96	541.16	505.85	490.97	483.83
Depreciation & Amortization Expenses	302.71	276.64	256.78	258.18	267.79
Other Operating Expenses	421.13	304.23	354.11	259.8	285.61
Total Operating Expenses	1,279	1,122	1,117	1,009	1,037
Operating Income	748.41	927.78	901.83	981.22	934.82
Interest Income	-4.83	-1.63	-23.89	-21.53	-1.82
Interest Expense	157.64	177.41	171.25	151.25	199.44
Other Non-Operating Income (Expense)	-1,734	-0.01	1.56	22.7	98.54
Total Non-Operating Income (Expense)	-1,581	175.77	148.92	152.42	296.17
Pretax Income	-832.86	1,104	1,051	1,134	1,231
Provision for Income Taxes	490.77	174.05	132.88	189.43	140.09
Net Income	1,843	577.95	620.02	639.38	463.85
Minority Interest in Earnings	-4.37	-	-	-	-
Net Income to Common	1,843	577.95	620.02	639.38	463.85
Net Income Growth	218.93%	-6.78%	-3.03%	37.84%	-
Shares Outstanding (Basic)	82	93	101	109	114
Shares Outstanding (Diluted)	82	93	101	109	114
Shares Change (YoY)	-12.46%	-7.92%	-7.00%	-4.47%	0.52%
EPS (Basic)	22.56	6.19	6.12	5.87	4.07
EPS (Diluted)	22.56	6.19	6.12	5.87	4.07
EPS Growth	264.46%	1.14%	4.26%	44.23%	-
Free Cash Flow	388.46	556.68	540.57	706.96	810.96
Free Cash Flow Growth	-30.22%	2.98%	-23.54%	-12.83%	611.36%
Free Cash Flow Per Share	4.75	5.96	5.33	6.49	7.11
Dividends Per Share	0.720	0.680	0.640	0.600	-
Dividend Growth	5.88%	6.25%	6.67%	-	-
Gross Margin	49.54%	52.16%	53.99%	55.98%	58.52%
Operating Margin	18.29%	23.61%	24.12%	27.60%	27.74%
Profit Margin	44.94%	14.71%	16.58%	17.98%	13.76%
FCF Margin	9.49%	14.16%	14.46%	19.88%	24.07%
EBITDA	1,051	1,204	1,159	1,239	1,203
EBITDA Margin	25.69%	30.65%	30.99%	34.86%	35.69%
EBIT	748.41	927.78	901.83	981.22	934.82
EBIT Margin	18.29%	23.61%	24.12%	27.60%	27.74%
Effective Tax Rate	-58.93%	15.77%	12.65%	16.71%	11.38%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q