Caesars Entertainment Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Caesars Entertainment Inc. reported revenue of $11.5B (+2.1% year on year) and net income of ($502.0M) (-80.6% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net revenues | $11.5B | $11.2B | $11.5B | $10.8B |
| Cost of goods and services | $5.7B | $5.4B | $5.4B | $5.0B |
| General and administrative | $1.9B | $1.9B | $2.0B | $2.1B |
| Corporate | $322.0M | $307.0M | $306.0M | $286.0M |
| Impairment charges | $182.0M | $302.0M | $95.0M | — |
| Depreciation and amortization | $1.4B | $1.3B | $1.3B | $1.2B |
| Transaction and other costs, net | $38.0M | ($331.0M) | ($13.0M) | — |
| Total operating expenses | $9.6B | $8.9B | $9.1B | $9.1B |
| Operating income | $1.9B | $2.3B | $2.5B | $1.7B |
| Interest expense, net | ($2.3B) | ($2.4B) | ($2.3B) | ($2.3B) |
| Loss on extinguishment of debt | ($4.0M) | ($89.0M) | ($200.0M) | ($85.0M) |
| Other income | $2.0M | $27.0M | $10.0M | $46.0M |
| Total other expense | ($2.3B) | ($2.4B) | ($2.5B) | ($2.3B) |
| Loss before income taxes | ($448.0M) | — | — | — |
| Benefit (provision) for income taxes | $11.0M | ($87.0M) | $888.0M | $41.0M |
| Net income (loss) | ($437.0M) | ($211.0M) | $828.0M | ($910.0M) |
| Net income attributable to noncontrolling interests | ($65.0M) | ($67.0M) | ($42.0M) | $11.0M |
| Net income (loss) attributable to Caesars | ($502.0M) | ($278.0M) | $786.0M | ($899.0M) |
| Basic income (loss) per share (in dollars per share) | -$2.42 | -$1.29 | $3.65 | -$4.19 |
| Diluted income (loss) per share (in dollars per share) | -$2.42 | -$1.29 | $3.64 | -$4.19 |
| Weighted average basic shares outstanding (in shares) | 208.0M | 215.0M | 215.0M | 214.0M |
| Weighted average diluted shares outstanding (in shares) | 208.0M | 215.0M | 216.0M | 214.0M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Net revenues | $3.0B | $2.9B | $2.9B | $2.9B |
| Cost of goods and services | $1.5B | $1.4B | $1.5B | $1.4B |
| General and administrative | $521.0M | $504.0M | $483.0M | $477.0M |
| Corporate | $94.0M | $88.0M | $75.0M | $84.0M |
| Depreciation and amortization | $355.0M | $347.0M | $352.0M | $364.0M |
| Transaction and other costs, net | $16.0M | $4.0M | ($10.0M) | $34.0M |
| Total operating expenses | $2.5B | $2.4B | $2.4B | $2.4B |
| Operating income | $513.0M | $500.0M | $513.0M | $526.0M |
| Interest expense, net | ($573.0M) | ($569.0M) | ($576.0M) | ($579.0M) |
| Other income | $7.0M | ($2.0M) | $3.0M | $1.0M |
| Total other expense | ($566.0M) | ($571.0M) | ($577.0M) | ($578.0M) |
| Loss before income taxes | ($53.0M) | ($71.0M) | ($64.0M) | ($52.0M) |
| Benefit (provision) for income taxes | $12.0M | ($12.0M) | $25.0M | ($13.0M) |
| Net loss | ($41.0M) | ($83.0M) | ($39.0M) | ($65.0M) |
| Net income attributable to noncontrolling interests | ($21.0M) | ($15.0M) | ($16.0M) | ($17.0M) |
| Net loss attributable to Caesars | ($62.0M) | ($98.0M) | ($55.0M) | ($82.0M) |
| Basic loss per share (in dollars per share) | -$0.30 | -$0.48 | -$0.27 | -$0.39 |
| Diluted loss per share (in dollars per share) | -$0.30 | -$0.48 | -$0.27 | -$0.39 |
| Weighted average basic shares outstanding (in shares) | 204.0M | 204.0M | 207.0M | 209.0M |
| Weighted average diluted shares outstanding (in shares) | 204.0M | 204.0M | 207.0M | 209.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $887.0M | $866.0M | $1.0B | $1.0B |
| Restricted cash | $85.0M | $95.0M | $122.0M | $131.0M |
| Accounts receivable, net | $476.0M | $470.0M | $608.0M | $611.0M |
| Inventories | $43.0M | $45.0M | $46.0M | $59.0M |
| Prepayments and other current assets | $312.0M | $271.0M | $264.0M | $263.0M |
| Total current assets | $1.8B | $1.7B | $2.0B | $2.1B |
| Investments in and advances to unconsolidated affiliates | $133.0M | $131.0M | $157.0M | $94.0M |
| Property and equipment, net | $14.4B | $14.8B | $14.8B | $14.6B |
| Goodwill | $10.4B | $10.6B | $11.0B | $11.0B |
| Intangible assets other than goodwill | $4.0B | $4.1B | $4.5B | $4.7B |
| Deferred tax asset | $67.0M | $62.0M | $47.0M | — |
| Other long-term assets, net | $852.0M | $1.1B | $848.0M | $1.0B |
| Total assets | $31.6B | $32.6B | $33.4B | $33.5B |
| Accounts payable | $297.0M | $296.0M | $408.0M | $314.0M |
| Accrued interest | $224.0M | $242.0M | $369.0M | $318.0M |
| Accrued other liabilities | $1.6B | $1.6B | $1.8B | $1.9B |
| Current portion of long-term debt | $114.0M | $109.0M | $65.0M | $108.0M |
| Total current liabilities | $2.3B | $2.3B | $2.7B | $2.7B |
| Long-term financing obligations | $13.1B | $12.9B | $12.8B | $12.6B |
| Long-term debt | $11.7B | $12.0B | $12.2B | $12.7B |
| Deferred tax liability | $58.0M | $130.0M | $102.0M | $987.0M |
| Other long-term liabilities | $876.0M | $880.0M | $871.0M | $852.0M |
| Total liabilities | $28.0B | $28.2B | $28.6B | $29.8B |
| Preferred stock, $0.00001 par value, 150,000,000 shares authorized, no shares issued and outstanding | 0 | 0 | 0 | 0 |
| Common stock, $0.00001 par value, 500,000,000 shares authorized, 202,629,159 and 211,325,086 issued and outstanding | 0 | 0 | 0 | 0 |
| Additional paid-in capital | $6.7B | $6.9B | $7.0B | $7.0B |
| Accumulated deficit | ($3.3B) | ($2.8B) | ($2.5B) | ($3.3B) |
| Treasury stock, at cost | $0 | $0 | ($23.0M) | ($23.0M) |
| Accumulated other comprehensive income | $98.0M | $96.0M | $97.0M | $92.0M |
| Caesars stockholders' equity | $3.5B | $4.2B | $4.6B | $3.7B |
| Noncontrolling interests | $182.0M | $219.0M | $168.0M | $38.0M |
| Total stockholders’ equity | $3.7B | $4.4B | $4.7B | $3.8B |
| Total liabilities and stockholders’ equity | $31.6B | $32.6B | $33.4B | $33.5B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $965.0M | $867.0M | $836.0M | $982.0M |
| Restricted cash | $96.0M | $92.0M | $87.0M | $85.0M |
| Accounts receivable, net | $485.0M | $441.0M | $426.0M | $487.0M |
| Inventories | $49.0M | $47.0M | $41.0M | $44.0M |
| Prepayments and other current assets | $382.0M | $353.0M | $342.0M | $330.0M |
| Total current assets | $2.0B | $1.8B | $1.7B | $1.9B |
| Investments in and advances to unconsolidated affiliates | $124.0M | $126.0M | $114.0M | $111.0M |
| Property and equipment, net | $14.1B | $14.2B | $14.5B | $14.6B |
| Goodwill | $10.4B | $10.4B | $10.6B | $10.6B |
| Intangible assets other than goodwill | $4.0B | $3.9B | $4.0B | $4.1B |
| Deferred tax asset | $68.0M | $66.0M | $69.0M | $68.0M |
| Other long-term assets, net | $1.0B | $1.1B | $852.0M | $1.1B |
| Total assets | $31.7B | $31.7B | $31.9B | $32.5B |
| Accounts payable | $290.0M | $258.0M | $253.0M | $263.0M |
| Accrued interest | $222.0M | $195.0M | $193.0M | $243.0M |
| Accrued other liabilities | $1.7B | $1.6B | $1.7B | $1.7B |
| Current portion of long-term debt | $114.0M | $114.0M | $114.0M | $110.0M |
| Total current liabilities | $2.3B | $2.1B | $2.2B | $2.3B |
| Long-term financing obligations | $13.2B | $13.1B | $13.1B | $13.0B |
| Long-term debt | $11.6B | $11.7B | $11.7B | $12.0B |
| Deferred tax liability | $57.0M | $69.0M | $80.0M | $90.0M |
| Other long-term liabilities | $1.1B | $1.1B | $874.0M | $880.0M |
| Total liabilities | $28.2B | $28.1B | $27.9B | $28.4B |
| Caesars stockholders’ equity | $3.4B | $3.4B | $3.8B | $3.9B |
| Noncontrolling interests | $177.0M | $181.0M | $193.0M | $223.0M |
| Total stockholders’ equity | $3.6B | $3.6B | $4.0B | $4.1B |
| Total liabilities and stockholders’ equity | $31.7B | $31.7B | $31.9B | $32.5B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income (loss) | ($437.0M) | ($211.0M) | $828.0M | ($910.0M) |
| Depreciation and amortization | $1.4B | $1.3B | $1.3B | $1.2B |
| Amortization of deferred financing costs and discounts | $178.0M | $179.0M | $200.0M | $297.0M |
| Provision for credit losses | $43.0M | $49.0M | $41.0M | $25.0M |
| Loss on extinguishment of debt | $4.0M | $89.0M | $200.0M | $85.0M |
| Non-cash lease amortization | $24.0M | $26.0M | $51.0M | $54.0M |
| Gain on investments | ($1.0M) | ($7.0M) | ($5.0M) | $54.0M |
| Stock-based compensation expense | $95.0M | $94.0M | $104.0M | $101.0M |
| (Gain) loss on sale or disposal of property, equipment, trademark and businesses | $17.0M | ($359.0M) | $22.0M | $5.0M |
| Impairment charges | $182.0M | $302.0M | $95.0M | $108.0M |
| Deferred income taxes | ($11.0M) | $87.0M | ($888.0M) | ($41.0M) |
| Other non-cash adjustments to net (income) loss | ($8.0M) | ($23.0M) | ($40.0M) | ($57.0M) |
| Accounts receivable | ($53.0M) | $86.0M | ($82.0M) | ($143.0M) |
| Prepaid expenses and other assets | ($49.0M) | ($13.0M) | $39.0M | ($15.0M) |
| Income taxes receivable and payable, net | ($81.0M) | ($48.0M) | ($27.0M) | ($7.0M) |
| Accounts payable, accrued expenses and other liabilities | ($18.0M) | ($500.0M) | $10.0M | ($80.0M) |
| Net cash provided by operating activities | $1.3B | $1.1B | $1.8B | — |
| Purchase of property and equipment | ($805.0M) | ($1.3B) | ($1.3B) | ($952.0M) |
| Acquisition of intangible assets | ($4.0M) | ($15.0M) | ($30.0M) | ($11.0M) |
| Proceeds from sale of property, equipment, trademark and businesses | $218.0M | $554.0M | — | — |
| Proceeds from the sale of investments | $8.0M | $14.0M | $4.0M | $126.0M |
| Distributions from unconsolidated affiliate | $23.0M | $39.0M | — | — |
| Investments in unconsolidated affiliates | ($6.0M) | $0 | ($3.0M) | $0 |
| Other | ($5.0M) | $0 | $0 | $1.0M |
| Net cash used in investing activities | ($571.0M) | ($704.0M) | ($1.3B) | ($768.0M) |
| Proceeds from long-term debt and revolving credit facilities | $1.6B | $7.5B | $5.5B | $1.5B |
| Repayments of long-term debt and revolving credit facilities | ($2.0B) | ($7.7B) | ($6.1B) | ($2.7B) |
| Financing obligation payments | ($26.0M) | ($8.0M) | ($8.0M) | ($3.0M) |
| Debt issuance and extinguishment costs | $0 | ($121.0M) | ($79.0M) | ($12.0M) |
| Repurchase of common stock | ($229.0M) | ($191.0M) | — | — |
| Taxes paid related to net share settlement of equity awards | ($17.0M) | ($17.0M) | ($27.0M) | ($27.0M) |
| Payments to acquire ownership interest in subsidiary | $0 | $0 | ($66.0M) | — |
| Contributions from noncontrolling interest owners | $0 | $0 | $116.0M | — |
| Distributions to noncontrolling interest owners | ($102.0M) | ($16.0M) | ($3.0M) | ($3.0M) |
| Net cash used in financing activities | ($763.0M) | ($498.0M) | ($713.0M) | — |
| Decrease in cash, cash equivalents and restricted cash | ($32.0M) | ($127.0M) | ($160.0M) | ($718.0M) |
| Cash, cash equivalents and restricted cash, beginning of period | $1.0B | $1.1B | $1.3B | $2.0B |
| Cash, cash equivalents and restricted cash, end of period | $984.0M | $1.0B | $1.1B | $1.3B |
| Cash and cash equivalents | $887.0M | $866.0M | $1.0B | $1.0B |
| Restricted cash | $85.0M | $95.0M | $122.0M | $131.0M |
| Restricted and escrow cash included in other long-term assets, net | $12.0M | $55.0M | $16.0M | $134.0M |
| Total cash, cash equivalents and restricted cash | $984.0M | $1.0B | $1.1B | $1.3B |
| Cash interest paid for debt | $813.0M | $1.1B | $846.0M | $2.0B |
| Cash interest paid for rent related to financing obligations | $1.3B | $1.3B | $1.3B | — |
| Income taxes paid, net | $81.0M | $48.0M | $26.0M | $22.0M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net loss | ($124.0M) | ($83.0M) | ($202.0M) | ($163.0M) |
| Depreciation and amortization | $702.0M | $347.0M | $1.1B | $721.0M |
| Amortization of deferred financing costs and discounts | $88.0M | $43.0M | $135.0M | $89.0M |
| Provision for credit losses | $24.0M | $11.0M | $31.0M | $23.0M |
| Non-cash lease amortization | $14.0M | $6.0M | $16.0M | $12.0M |
| (Gain) loss on investments | ($4.0M) | $2.0M | ($2.0M) | $1.0M |
| Stock-based compensation expense | $47.0M | $24.0M | $72.0M | $50.0M |
| (Gain) loss on sale or disposal of property and equipment | ($8.0M) | ($10.0M) | $11.0M | $3.0M |
| Deferred income taxes | $0 | $12.0M | ($1.0M) | $24.0M |
| Other non-cash adjustments to net loss | $7.0M | $7.0M | $1.0M | $1.0M |
| Accounts receivable | ($24.0M) | $29.0M | $9.0M | ($37.0M) |
| Prepaid expenses and other assets | ($88.0M) | ($46.0M) | ($49.0M) | ($47.0M) |
| Income taxes receivable and payable, net | ($11.0M) | ($3.0M) | ($61.0M) | ($58.0M) |
| Accounts payable, accrued expenses and other liabilities | $52.0M | ($135.0M) | ($39.0M) | $61.0M |
| Net cash provided by operating activities | $675.0M | $204.0M | $998.0M | $680.0M |
| Purchase of property and equipment | ($335.0M) | ($168.0M) | ($648.0M) | ($453.0M) |
| Cash paid for asset acquisitions | ($98.0M) | ($42.0M) | — | — |
| Proceeds from sale of property and equipment | $20.0M | $19.0M | — | $3.0M |
| Proceeds from sale of investments | $2.0M | — | $4.0M | $1.0M |
| Investments in unconsolidated affiliate | ($2.0M) | — | — | — |
| Distributions from unconsolidated affiliate | $0 | $0 | $23.0M | $23.0M |
| Other | $2.0M | $2.0M | ($11.0M) | ($8.0M) |
| Net cash used in investing activities | ($411.0M) | ($189.0M) | ($416.0M) | ($434.0M) |
| Proceeds from long-term debt and revolving credit facilities | $885.0M | $475.0M | $1.2B | $590.0M |
| Repayments of long-term debt and revolving credit facilities | ($983.0M) | ($463.0M) | ($1.6B) | ($612.0M) |
| Repurchase of common stock | $0 | — | ($179.0M) | ($100.0M) |
| Financing obligation payments | ($19.0M) | ($9.0M) | ($17.0M) | ($8.0M) |
| Distributions to noncontrolling interest owners | ($41.0M) | ($16.0M) | ($76.0M) | ($30.0M) |
| Taxes paid related to net share settlement of equity awards | ($13.0M) | ($12.0M) | ($16.0M) | ($16.0M) |
| Net cash used in financing activities | ($171.0M) | ($25.0M) | ($659.0M) | ($176.0M) |
| Increase in cash, cash equivalents and restricted cash | $93.0M | ($10.0M) | ($77.0M) | $70.0M |
| Cash, cash equivalents and restricted cash, beginning of period | $984.0M | $984.0M | $1.0B | $1.0B |
| Cash, cash equivalents and restricted cash, end of period | $1.1B | $974.0M | $939.0M | $1.1B |
| Cash and cash equivalents | $965.0M | $867.0M | $836.0M | $982.0M |
| Restricted cash | $96.0M | $92.0M | $87.0M | $85.0M |
| Restricted and escrow cash included in other long-term assets, net | $16.0M | $15.0M | $16.0M | $19.0M |
| Total cash, cash equivalents and restricted cash | $1.1B | $974.0M | $939.0M | $1.1B |
| Cash interest paid for debt | $368.0M | $212.0M | $652.0M | $405.0M |
| Cash interest paid for rent related to GLPI and VICI Leases | $686.0M | — | — | — |
| Cash interest paid for other financing obligations | $5.0M | — | — | — |
| Income taxes paid, net | $11.0M | $3.0M | $61.0M | $58.0M |
| Payables for capital expenditures | $103.0M | $96.0M | $92.0M | $126.0M |
| Deferred consideration amount | $10.0M | — | — | — |
| Right-of-use asset obtained in exchange for lease liability | $203.0M | $203.0M | — | — |
Caesars Entertainment Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.