Light & Wonder, Inc. (LNW)

Light & Wonder Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,989	2,902	2,512	2,153	1,699	2,388
Revenue Growth (YoY)	14.52%	15.53%	16.67%	26.72%	-28.85%	-28.99%
Cost of Revenue	889	872	738	609	610	746
Gross Profit	2,100	2,030	1,774	1,544	1,089	1,642
Selling, General & Admin	834	808	717	679	627	619
Research & Development	235	228	218	190	148	166
Other Operating Expenses	450	476	566	565	559	567
Operating Expenses	1,519	1,512	1,501	1,434	1,334	1,352
Operating Income	581	518	273	110	-245	290
Interest Expense / Income	309	309	327	478	503	589
Other Expense / Income	4	21	-3,742	-421	-176	-122
Pretax Income	268	188	3,688	53	-572	-177
Income Tax	45	25	13	-318	-3	-47
Net Income	223	163	3,675	371	-569	-130
Net Income Growth	-93.93%	-95.56%	890.57%	-	-	-
Shares Outstanding (Basic)	90	91	95	96	95	93
Shares Outstanding (Diluted)	92	93	95	98	95	93
Shares Change	-1.08%	-2.11%	-3.06%	3.16%	2.15%	2.20%
EPS (Basic)	2.47	1.79	38.78	3.86	-6.02	-1.40
EPS (Diluted)	2.40	1.75	38.78	3.77	-6.02	-1.40
EPS Growth	-93.82%	-95.49%	928.65%	-	-	-
Free Cash Flow	321	348	-597	514	334	322
Free Cash Flow Per Share	3.57	3.82	-6.28	5.35	3.52	3.46
Gross Margin	70.26%	69.95%	70.62%	71.71%	64.10%	68.76%
Operating Margin	19.44%	17.85%	10.87%	5.11%	-14.42%	12.14%
Profit Margin	7.46%	5.62%	146.30%	17.23%	-33.49%	-5.44%
Free Cash Flow Margin	10.74%	11.99%	-23.77%	23.87%	19.66%	13.48%
Effective Tax Rate	16.79%	13.30%	0.35%	-600.00%	-	-
EBITDA	961	881	4,435	929	380	954
EBITDA Margin	32.15%	30.36%	176.55%	43.15%	22.37%	39.95%
Depreciation & Amortization	384	384	420	398	449	542
EBIT	577	497	4,015	531	-69	412
EBIT Margin	19.30%	17.13%	159.83%	24.66%	-4.06%	17.25%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).