Boyd Gaming Corporation (BYD) reported $4.08B of revenue for the twelve months ended Sep 30, 2026. That is up 0.3% from the year before. Revenue for fiscal 2025 was $4.09B.

Yes. Boyd Gaming Corporation earned $499.55M in net income for the twelve months ended Sep 30, 2026, a net margin of 12.2%.

How much cash and debt does BYD have?

Boyd Gaming Corporation reported $297.18M in cash and cash equivalents and $2.68B of debt on its most recent balance sheet in SEC filings.

How fast is BYD revenue growing?

Boyd Gaming Corporation's revenue changed +4.1% in fiscal 2025, to $4.09B. Its compound annual growth rate was +13.4% over 5 years and +6.4% over 10 years.

What is BYD free cash flow?

Boyd Gaming Corporation generated -$15.65M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $588.69M less capital expenditures.

What is BYD earnings per share?

Diluted earnings per share were $6.43 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did BYD last report financial results?

The latest statements here come from Boyd Gaming Corporation's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.

Where does this BYD financial data come from?

Quantisnow builds these statements from the structured XBRL data Boyd Gaming Corporation files with the SEC. It is provided for information only and is not investment advice.

Financials · BYD

Boyd Gaming Corporation (BYD) financials

For the twelve months ended Sep 30, 2026, Boyd Gaming Corporation reported $4.08B of revenue and $499.55M of net income.

Revenue, TTM: $4.08B
Revenue growth, YoY: +0.3%
Net income, TTM: $499.55M
Net income growth, YoY: -73.3%
Net margin: 12.2%
Free cash flow, TTM: -$15.65M
EPS, diluted, TTM: $6.43
Cash: $297.18M
Total debt: $2.68B
P/E: 11.01
P/S: 1.35
Market cap: $5.50B

Annual revenue$4.09B

FY2016FY2025

Annual net income$1.84B

FY2016FY2025

Annual free cash flow$388.46M

FY2016FY2025

BYD revenue and earnings growth

BYD revenueQ3 2026$990.46M

Quarter YoY: -1.4%
QoQ: -4.2%
FY YoY: +4.1%
5Y CAGR: +13.4%
10Y CAGR: +6.4%

BYD revenue was $990.46M in fiscal Q3 2026 (ended Sep 30, 2026), down 1.4% from a year earlier and down 4.2% from the prior quarter. For the full fiscal 2025 it was $4.09B, up 4.1% from fiscal 2024. Compound annual growth was +13.4% over 5 years and +6.4% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

BYD net incomeQ3 2026$124.93M

Quarter YoY: -91.3%
QoQ: -3.8%
FY YoY: +218.9%
10Y CAGR: +44.3%

BYD net income was $124.93M in fiscal Q3 2026 (ended Sep 30, 2026), down 91.3% from a year earlier and down 3.8% from the prior quarter. For the full fiscal 2025 it was $1.84B, up 218.9% from fiscal 2024. Compound annual growth was +44.3% over 10 years. It rose in 2 of the last 4 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

BYD EPSQ3 2026$1.71

Quarter YoY: -90.4%
QoQ: -2.3%
FY YoY: +264.5%
10Y CAGR: +48.9%

BYD diluted EPS was $1.71 in fiscal Q3 2026 (ended Sep 30, 2026), down 90.4% from a year earlier and down 2.3% from the prior quarter. For the full fiscal 2025 it was $22.56, up 264.5% from fiscal 2024. Compound annual growth was +48.9% over 10 years.

BYD free cash flowQ3 2026$43.70M

Quarter YoY: -53.7%
FY YoY: -30.2%
5Y CAGR: +27.8%
10Y CAGR: +7.2%

BYD free cash flow was $43.70M in fiscal Q3 2026 (ended Sep 30, 2026), down 53.7% from a year earlier. For the full fiscal 2025 it was $388.46M, down 30.2% from fiscal 2024. Compound annual growth was +27.8% over 5 years and +7.2% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$4.09B	$3.93B	$3.74B	$3.56B	$3.37B	$2.18B	$3.33B	$2.63B	$2.40B	$2.20B
Selling, general and admin	$433.10M	$427.23M	$389.89M	$373.96M	$366.16M	$350.36M	$459.58M	$369.31M	$362.04M	$322.26M
Operating income	$748.41M	$927.78M	$901.83M	$981.22M	$900.10M	$14.26M	$472.57M	$355.28M	$343.80M	$260.41M
Interest expense	$157.64M	$177.41M	$171.25M	$151.25M	$199.44M	$230.48M	$237.47M	$204.19M	$173.11M	$212.69M
Pre-tax income	$2.33B	$752.00M	$752.91M	$828.81M	$603.94M	-$171.01M	$202.13M	$155.03M	$171.11M	$7.77M
Income tax	$490.77M	$174.05M	$132.88M	$189.43M	$140.09M	-$36.31M	$44.49M	$40.33M	$3.12M	-$199.93M
Net income	$1.84B	$577.95M	$620.02M	$639.38M	$463.85M	-$134.70M	$157.64M	$115.05M	$189.39M	$420.23M
EPS, basic	$22.56	$6.19	$6.12	$5.87	$4.07	-$1.19	$1.39	$1.01	$1.65	$3.67
EPS, diluted	$22.56	$6.19	$6.12	$5.87	$4.07	-$1.19	$1.38	$1.00	$1.64	$3.65
Diluted shares	81.7M	93.3M	101.4M	109.0M	114.1M	113.5M	113.9M	115.1M	115.6M	115.2M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$353.41M	$316.69M	$304.27M	$283.47M	$344.56M	$519.18M	$249.98M	$249.42M	$203.10M	$193.86M
Receivables	$84.35M	$132.27M	$137.89M	$109.05M	$89.48M	$53.46M	$54.86M	$54.67M	$40.32M	$30.37M
Inventory	$20.19M	$21.23M	$20.69M	$22.17M	$20.09M	$22.62M	$22.10M	$20.59M	$18.00M	$18.57M
Current assets	$530.73M	$561.51M	$529.32M	$478.23M	$507.80M	$650.28M	$399.49M	$399.75M	$328.66M	$307.95M
Goodwill	$957.98M	$957.89M	$947.34M	$1.03B	$971.29M	$971.29M	$1.08B	$1.06B	$888.22M	$826.48M
Total assets	$6.57B	$6.39B	$6.27B	$6.31B	$6.22B	$6.56B	$6.65B	$5.76B	$4.69B	$4.67B
Current liabilities	$979.22M	$622.68M	$596.32M	$586.13M	$557.04M	$524.02M	$556.89M	$469.70M	$385.47M	$365.50M
Short-term debt	$0	$44.01M	$44.27M	$44.27M	$41.67M	$30.74M	$26.99M	$24.18M	$23.98M	$30.34M
Long-term debt	$2.05B	$3.13B	$2.87B	$3.01B	$2.99B	$3.87B	$3.74B	$3.96B	$3.05B	$3.20B
Total debt	$2.05B	$3.18B	$2.92B	$3.05B	$3.03B	$3.90B	$3.77B	$3.98B	$3.08B	$3.23B
Total liabilities	$3.97B	$4.81B	$4.53B	$4.72B	-	-	-	$4.61B	$3.59B	$3.74B
Shareholders' equity	$2.61B	$1.58B	$1.74B	$1.59B	$1.54B	$1.12B	$1.27B	$1.15B	$1.10B	$930.18M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$976.68M	$957.08M	$914.52M	$976.11M	$1.01B	$289.03M	$548.99M	$434.53M	$422.55M	$300.34M
Capital expenditures	$588.22M	$400.40M	$373.95M	$269.15M	$199.45M	$175.03M	$207.64M	$161.54M	$190.46M	$160.36M
Free cash flow	$388.46M	$556.67M	$540.57M	$706.96M	$810.96M	$114.00M	$341.36M	$272.98M	$232.09M	$139.98M
Investing cash flow	$1.04B	-$433.91M	-$264.33M	-$422.31M	-$129.58M	-$171.18M	-$231.43M	-$1.14B	-$226.02M	-$738.85M
Financing cash flow	-$1.98B	-$509.50M	-$637.25M	-$615.85M	-$1.06B	$146.70M	-$320.31M	$746.24M	-$215.34M	-$99.25M
Dividends paid	$58.17M	$62.66M	$63.61M	$48.16M	$0	$7.81M	$28.95M	$24.73M	$11.29M	$0
Share repurchases	$778.32M	$685.85M	$412.65M	$541.64M	$80.78M	$11.12M	$28.05M	$59.57M	$31.93M	-
Stock-based compensation	$32.15M	$29.67M	$32.38M	$34.07M	$37.77M	$9.20M	$25.20M	$25.38M	$17.41M	$15.52M
Depreciation and amortization	$302.71M	$276.64M	$256.78M	$258.18M	$267.79M	$281.03M	$276.57M	$229.98M	$217.52M	$196.23M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	4.1%	5.1%	5.2%	5.5%	54.7%	-34.5%	26.6%	9.4%	9.2%	-0.0%
Net income growth, YoY	218.9%	-6.8%	-3.0%	37.8%	-	-	37.0%	-39.3%	-54.9%	789.7%
EPS growth, YoY	264.5%	1.1%	4.3%	44.2%	-	-	38.0%	-39.0%	-55.1%	769.0%
Operating margin	18.3%	23.6%	24.1%	27.6%	26.7%	0.7%	14.2%	13.5%	14.3%	11.8%
Net margin	45.0%	14.7%	16.6%	18.0%	13.8%	-6.2%	4.7%	4.4%	7.9%	19.1%
Free cash flow margin	9.5%	14.2%	14.5%	19.9%	24.1%	5.2%	10.3%	10.4%	9.7%	6.4%
Return on equity	70.7%	36.5%	35.5%	40.2%	30.1%	-12.0%	12.5%	10.0%	17.3%	45.2%
Return on assets	28.0%	9.0%	9.9%	10.1%	7.5%	-2.1%	2.4%	2.0%	4.0%	9.0%
Current ratio	0.54	0.90	0.89	0.82	0.91	1.24	0.72	0.85	0.85	0.84
Debt to equity	0.78	2.01	1.67	1.92	1.97	3.47	2.98	3.47	2.80	3.47

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$990.46M	$1.03B	$997.36M	$1.06B	$1.00B	$1.03B	$991.57M	$1.04B	$961.25M	$967.51M	$960.52M	$954.41M
Selling, general and admin	$105.37M	$110.88M	$109.98M	$111.18M	$104.00M	$110.06M	$107.85M	$111.52M	$102.39M	$105.13M	$108.18M	$90.56M
Operating income	$194.90M	$200.70M	$163.99M	$166.38M	$139.76M	$242.37M	$199.89M	$261.30M	$219.99M	$227.11M	$219.38M	$155.05M
Interest expense	$33.78M	$31.42M	$28.45M	$25.37M	$33.26M	$50.57M	$48.44M	$45.94M	$46.21M	$42.95M	$42.31M	$42.31M
Pre-tax income	$162.29M	$170.56M	$137.01M	$142.37M	$1.84B	$193.11M	$152.15M	$216.04M	$173.98M	$184.51M	$177.47M	$113.21M
Income tax	$38.70M	$40.64M	$32.72M	$3.54M	$403.20M	$42.76M	$41.27M	$45.53M	$42.85M	$44.66M	$41.00M	$20.61M
Net income	$124.93M	$129.92M	$104.29M	$140.40M	$1.44B	$150.35M	$110.88M	$170.51M	$131.13M	$139.84M	$136.47M	$92.61M
EPS, basic	$1.71	$1.75	$1.37	$1.60	$17.81	$1.84	$1.31	-	$1.43	$1.47	$1.40	-
EPS, diluted	$1.71	$1.75	$1.37	$1.60	$17.81	$1.84	$1.31	-	$1.43	$1.47	$1.40	-
Diluted shares	73.0M	74.8M	76.8M	-	80.9M	82.3M	85.1M	-	91.9M	95,080	97.5M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$297.18M	$322.71M	$372.72M	$353.41M	$319.07M	$320.11M	$311.50M	$316.69M	$286.28M	$280.78M	$283.55M	$304.27M
Receivables	$86.48M	$78.80M	$78.75M	$84.35M	$82.22M	$115.40M	$109.95M	$132.27M	$103.47M	$109.74M	$118.90M	$137.89M
Inventory	$19.13M	$19.08M	$19.69M	$20.19M	$20.93M	$21.64M	$20.74M	$21.23M	$20.41M	$21.18M	$20.44M	$20.69M
Current assets	$469.02M	$482.40M	$530.00M	$530.73M	$495.58M	$540.00M	$502.38M	$561.51M	$501.87M	$487.06M	$480.43M	$529.32M
Goodwill	$990.06M	$990.06M	$957.95M	$957.98M	$957.95M	$957.98M	$957.89M	$957.89M	$957.99M	$947.28M	$947.30M	$947.34M
Total assets	$6.66B	$6.68B	$6.61B	$6.57B	$6.51B	$6.56B	$6.47B	$6.39B	$6.30B	$6.26B	$6.23B	$6.27B
Current liabilities	$1.43B	$623.37M	$882.96M	$979.22M	$963.38M	$628.78M	$630.33M	$622.68M	$610.52M	$589.10M	$600.39M	$596.32M
Short-term debt	$800.90M	-	-	$0	$0	$44.00M	$44.00M	$44.01M	$44.36M	$44.42M	$44.33M	$44.27M
Long-term debt	$1.87B	$2.61B	$2.27B	$2.05B	$1.89B	$3.52B	$3.47B	$3.13B	$3.02B	$2.92B	$2.82B	$2.87B
Total debt	$2.68B	$2.61B	$2.27B	$2.05B	$1.89B	$3.57B	$3.52B	$3.18B	$3.07B	$2.96B	$2.87B	$2.92B
Total liabilities	$4.22B	$4.19B	$4.08B	$3.97B	$3.85B	$5.16B	$5.12B	$4.81B	$4.67B	$4.55B	$4.47B	$4.53B
Shareholders' equity	$2.45B	$2.50B	$2.53B	$2.61B	$2.67B	$1.40B	$1.35B	$1.58B	$1.63B	$1.71B	$1.75B	$1.74B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$202.60M	-$23.53M	$134.34M	$275.29M	$239.98M	$205.02M	$256.39M	$262.06M	$231.21M	$213.08M	$250.73M	$217.26M
Capital expenditures	$158.91M	$141.93M	$155.18M	$148.33M	$145.57M	$124.43M	$169.89M	$111.18M	$85.19M	$114.39M	$89.64M	$94.93M
Free cash flow	$43.70M	-$165.47M	-$20.84M	$126.96M	$94.42M	$80.59M	$86.50M	$150.88M	$146.01M	$98.70M	$161.08M	$122.34M
Investing cash flow	-$104.01M	-$187.50M	-$156.19M	-$192.48M	$1.61B	-$125.46M	-$250.42M	-$113.45M	-$114.94M	-$115.19M	-$90.33M	-$64.74M
Financing cash flow	-$123.31M	$161.57M	$41.43M	-$48.31M	-$1.85B	-$70.09M	-$10.53M	-$117.29M	-$110.86M	-$101.17M	-$180.19M	-$116.15M
Dividends paid	$14.60M	$15.04M	$13.77M	$14.23M	$14.53M	$14.74M	$14.66M	$15.15M	$15.74M	$16.26M	$15.51M	$15.80M
Share repurchases	$163.94M	$156.02M	$155.04M	$185.32M	$160.01M	$105.00M	$328.00M	$202.63M	$202.03M	$175.69M	$105.50M	$100.00M
Stock-based compensation	$8.64M	$12.82M	$7.70M	$2.62M	$8.53M	$13.39M	$7.61M	$4.90M	$7.54M	$10.37M	$6.86M	$4.33M
Depreciation and amortization	$91.27M	$91.10M	$94.99M	$90.75M	$73.75M	$69.98M	$68.22M	$77.70M	$70.34M	$65.68M	$62.91M	$68.20M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	-1.4%	0.0%	0.6%	2.0%	4.5%	6.9%	3.2%	9.1%	6.4%	5.5%	-0.4%	3.4%
Net income growth, YoY	-91.3%	-13.6%	-5.9%	-17.7%	998.2%	7.5%	-18.8%	84.1%	-3.0%	-27.3%	-31.7%	-46.4%
EPS growth, YoY	-90.4%	-4.9%	4.6%	-	1145.5%	-	-6.4%	-	-	-22.2%	-27.5%	-
Operating margin	19.7%	19.4%	16.4%	15.7%	13.9%	23.4%	20.2%	25.1%	22.9%	23.5%	22.8%	16.2%
Net margin	12.6%	12.6%	10.5%	13.2%	143.4%	14.5%	11.2%	16.4%	13.6%	14.5%	14.2%	9.7%
Free cash flow margin	4.4%	-16.0%	-2.1%	12.0%	9.4%	7.8%	8.7%	14.5%	15.2%	10.2%	16.8%	12.8%
Current ratio	0.33	0.77	0.60	0.54	0.51	0.86	0.80	0.90	0.82	0.83	0.80	0.89
Debt to equity	1.09	1.05	0.90	0.78	0.71	2.56	2.60	2.01	1.88	1.73	1.63	1.67

Source: XBRL data Boyd Gaming Corporation files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

BYD peers

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BYD	$4.08B	+0.3%	$499.55M	12.2%	$5.50B
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LVSLas Vegas Sands Corp.	$13.60B	+10.9%	$1.61B	11.8%	$25.19B
HHyatt Hotels Corporation	$7.11B	+2.8%	$188.00M	2.6%	$17.34B
HTHTH World Group Limited	CN¥25.31B	+5.9%	CN¥5.08B	20.1%	$15.44B
LTHLife Time Group Holdings Inc.	$3.29B	+13.0%	$418.95M	12.7%	$10.53B
WYNNWynn Resorts Limited	$7.27B	+2.2%	$377.87M	5.2%	$8.89B

BYD FAQ

8 questions

What is BYD revenue?
Boyd Gaming Corporation (BYD) reported $4.08B of revenue for the twelve months ended Sep 30, 2026. That is up 0.3% from the year before. Revenue for fiscal 2025 was $4.09B.
Is BYD profitable?
Yes. Boyd Gaming Corporation earned $499.55M in net income for the twelve months ended Sep 30, 2026, a net margin of 12.2%.
How much cash and debt does BYD have?
Boyd Gaming Corporation reported $297.18M in cash and cash equivalents and $2.68B of debt on its most recent balance sheet in SEC filings.
How fast is BYD revenue growing?
Boyd Gaming Corporation's revenue changed +4.1% in fiscal 2025, to $4.09B. Its compound annual growth rate was +13.4% over 5 years and +6.4% over 10 years.
What is BYD free cash flow?
Boyd Gaming Corporation generated -$15.65M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $588.69M less capital expenditures.
What is BYD earnings per share?
Diluted earnings per share were $6.43 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did BYD last report financial results?
The latest statements here come from Boyd Gaming Corporation's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
Where does this BYD financial data come from?
Quantisnow builds these statements from the structured XBRL data Boyd Gaming Corporation files with the SEC. It is provided for information only and is not investment advice.