Company research / LNWO

Light & Wonder, Inc. (LNWO)

Also trades as LAWIL. Every security a company lists rests on one set of financial statements, so these figures cover the whole company.

CIK 0000750004 · OTC · Services-Computer Integrated Systems Design

  • Sector Services
  • Incorporated NV
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Light & Wonder, Inc. reported revenue of $3.31B. Revenue grew 4.0% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $3.35B.

Key ratios (year ended 2025-12-31)

73.3%
Gross margin (computed)
20.6%
Operating margin
8.3%
Net margin
112.7%
Return on year-end equity
4.0%
Revenue growth (YoY)

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

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Latest selected filing: Form 4 (ownership change) · 2026-09-17

Headquarters locality: Enterprise / Las Vegas · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$3.35B$3.31B$3.19B$2.90B$2.51B$2.15B$1.70B$2.39B$3.36B$3.08B$2.88B
Cost of Revenue$859.00M$885.00M$931.00M$872.00M$738.00Mn/an/a$1.28B$1.25B$1.16B$1.11B
Gross Profit (computed)$2.49B$2.43B$2.26B$2.03B$1.77Bn/an/a$1.10B$2.11B$1.92B$1.78B
R&D Expense$251.00M$252.00M$262.00M$228.00M$218.00M$190.00M$148.00M$166.00M$202.00M$184.00M$204.80M
Operating Income$664.00M$683.00M$668.00M$518.00M$273.00M$110.00M-$245.00M$290.00M$266.00M$394.00M$130.60M
Depreciation & Amortization$441.00M$406.00M$361.00M$384.00M$420.00M$398.00M$449.00M$542.00M$690.00M$683.00M$738.70M
EBITDA$1.10B$1.09B$1.03B$902.00M$693.00M$508.00M$204.00M$832.00M$956.00M$1.08B$869.30M
Net Income$271.00M$276.00M$336.00M$163.00M$3.67B$371.00M-$569.00M-$130.00M-$352.00M-$242.00M-$353.70M
EPS (Diluted)n/a$3.26$3.68$1.75$38.78$3.77-$6.02-$1.40-$3.87-$2.72-$4.05
Total Assets$6.36B$6.46B$5.42B$5.55B$6.01B$7.88B$7.98B$7.81B$7.72B$7.72B$7.09B
Total Liabilities$6.06B$6.22B$4.79B$4.79B$4.85B$9.99B$10.51B$9.92B$10.18B$9.75B$9.02B
Shareholders' Equity$302.00M$245.00M$636.00M$765.00M$1.16B-$2.11B-$2.52B-$2.11B-$2.46Bn/an/a
Cash & Equivalents$148.00M$167.00M$196.00M$425.00M$914.00M$585.00M$928.00M$313.00M$168.00M$788.80M$115.10M
Operating Cash Flow$883.00M$794.00M$632.00M$590.00M-$381.00M$685.00M$471.00M$546.00M$346.00M$507.00M$419.00M
Capital Expendituresn/an/an/an/an/an/an/a$285.00M$391.00M$294.00M$272.90M
Free Cash Flown/an/an/an/an/an/an/a$261.00M-$45.00M$213.00M$146.10M
Share Repurchases$773.00M$880.00M$462.00M$170.00M$405.00M$0$0n/an/an/a$0
Shares Outstanding77.00M77.00M86.00M90.00M91.00M97.00M95.00M94.00M92.00M90.00M88.00M
Weighted Average Diluted Sharesn/a85.00M91.00M93.00M95.00M98.00M95.00M93.00M91.00M89.00M87.30M
EPS (Basic)n/a$3.32$3.77$1.79$38.78$3.86-$6.02-$1.40-$3.87-$2.72-$4.05