WYNN RESORTS LTD
Business
Wynn Resorts, Limited is a designer, developer, and operator of integrated luxury casino resorts featuring hotel rooms, retail, dining, entertainment, conventions, and gaming. The company operates Wynn Palace and Wynn Macau in China through a majority ownership stake in Wynn Macau, Limited, Wynn Las Vegas and Encore at Wynn Las Vegas in Nevada, and Encore Boston Harbor in Massachusetts, with a significant equity interest in Wynn Al Marjan Island under construction in the United Arab Emirates. The company competes on design, service quality, and amenities across diverse customer segments in North America and Macau.
Summary from 10-K filed 2026-03-02
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total operating revenues | 7,138 | 7,128 | 6,532 | 3,757 | 3,764 | |
| General and administrative | 1,117 | 1,080 | 1,065 | 830 | 797 | |
| Provision for credit losses | 13 | 5 | −4 | −7 | 29 | |
| Pre-opening | 38 | 9 | 9 | 21 | 7 | |
| Depreciation and amortization | 621 | 659 | 687 | 692 | 716 | |
| Impairment of goodwill and intangible assets | 0 | 0 | 94 | 48 | 10 | |
| Property charges and other | 50 | 215 | 131 | 65 | 41 | |
| Total operating expenses | 6,020 | 5,995 | 5,692 | 3,858 | 4,158 | |
| Operating income | 1,118 | 1,133 | 840 | −101 | −395 | |
| Interest income | 67 | 130 | 176 | 30 | 3 | |
| Interest expense, net of amounts capitalized | −626 | −688 | −752 | −651 | — | |
| Change in derivatives fair value | −35 | 42 | 45 | 16 | 11 | |
| Loss on debt financing transactions | −2 | −3 | −13 | 0 | −2 | |
| Other | −9 | 29 | −11 | 6 | −24 | |
| Other expense, net | −604 | −489 | −555 | −599 | −617 | |
| Income before income taxes | 514 | 643 | 285 | −700 | −1,012 | |
| (Provision) benefit for income taxes | −105 | −4 | 497 | −9 | −474,000 | |
| Net income | 409 | 640 | 782 | −709 | −1,012 | |
| Less: net income attributable to noncontrolling interests | −82 | −139 | −52 | 286 | 256 | |
| Net income attributable to Wynn Resorts, Limited | 327 | 501 | 730 | −424 | −756 | |
| Earnings Per Share, Basic | 3.16 | 4.56 | 6.49 | −3.73 | −6.64 | |
| Earnings Per Share, Diluted | 3.14 | 4.35 | 6.32 | −3.73 | −6.64 | |
| Basic (in shares) | 104 | 110 | 113 | 114 | 114 | |
| Diluted (in shares) | 104 | 110 | 113 | 114 | 114 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,463 | 2,426 | 2,879 | 3,650 | 2,523 | |
| Investments | 602 | 0 | 845 | 0 | — | |
| Accounts receivable, net of allowance for credit losses of $45,645 and $37,694 | 403 | 324 | 342 | 216 | 199 | |
| Inventories | 88 | 76 | 76 | 70 | 70 | |
| Prepaid expenses and other | 127 | 96 | 100 | 88 | 79 | |
| Total current assets | 2,684 | 2,922 | 4,242 | 4,030 | 2,876 | |
| Property and equipment, net | 6,626 | 6,521 | 6,688 | 6,896 | 8,765 | |
| Long-term investments | 68 | 0 | — | — | — | |
| Restricted cash | 97 | 96 | 90 | 128 | 4 | |
| Intangible assets, net | 224 | 255 | — | — | — | |
| Operating lease assets | 1,778 | 1,797 | 1,833 | 1,853 | 371 | |
| Deferred income taxes, net | 409 | 508 | 501 | 0 | — | |
| Investments in unconsolidated affiliates | 948 | 648 | — | — | — | |
| Other assets | 275 | 232 | 312 | 263 | 207 | |
| Total assets | 13,108 | 12,978 | 13,996 | 13,415 | 12,531 | |
| Accounts and construction payables | 255 | 205 | 208 | 197 | 171 | |
| Customer deposits | 570 | 509 | 543 | 506 | 436 | |
| Gaming taxes payable | 216 | 172 | 173 | 45 | 73 | |
| Accrued compensation and benefits | 246 | 229 | 213 | 187 | 206 | |
| Accrued interest | 133 | 133 | 142 | 136 | 133 | |
| Current portion of long-term debt | 9 | 41 | 710 | 548 | 50 | |
| Other accrued liabilities | 215 | 251 | 212 | 193 | 219 | |
| Total current liabilities | 1,643 | 1,540 | 2,200 | 1,811 | 1,288 | |
| Long-term debt | 10,537 | 10,500 | 11,029 | 11,569 | 11,885 | |
| Long-term operating lease liabilities | 1,629 | 1,624 | 1,632 | 1,615 | 115 | |
| Other long-term liabilities | 330 | 283 | 236 | 60 | 79 | |
| Total liabilities | 14,139 | 13,947 | 15,097 | 15,055 | 13,367 | |
| Commitments and contingencies (Note 19) | — | — | — | — | — | |
| Preferred stock, par value $0.01; 40,000,000 shares authorized; zero shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, par value $0.01; 400,000,000 shares authorized; 134,326,464 and 133,584,126 shares issued; 103,989,787 and 107,821,567 shares outstanding, respectively | 1 | 1 | 1 | 1 | 1 | |
| Treasury stock, at cost; 30,336,677 and 25,762,599 shares, respectively | −2,621 | −2,242 | −1,836 | −1,624 | −1,436 | |
| Additional paid-in capital | 3,802 | 3,699 | 3,647 | 3,584 | 3,503 | |
| Accumulated other comprehensive loss | −3 | −6 | 3 | −404,000 | 6 | |
| Accumulated deficit | −1,454 | −1,677 | −2,067 | −2,712 | −2,288 | |
| Total Wynn Resorts, Limited stockholders' deficit | −275 | −224 | −251 | −751 | −214 | |
| Noncontrolling interests | −756 | −744 | −850 | −890 | −622 | |
| Total stockholders' deficit | −1,031 | −969 | −1,101 | −1,640 | −836 | |
| Total liabilities and stockholders' deficit | 13,108 | 12,978 | 13,996 | 13,415 | 12,531 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Deferred income taxes | 97 | −7 | −503 | 3 | −3 | |
| Stock-based compensation expense | 92 | 59 | 65 | 68 | 95 | |
| Amortization of debt issuance costs | 40 | 39 | 40 | 29 | — | |
| Loss on debt financing transactions | 2 | 3 | 13 | 0 | 2 | |
| Change in derivatives fair value | 43 | −42 | −45 | −16 | −11 | |
| Property charges and other | 75 | 106 | 117 | 59 | 64 | |
| Receivables, net | −90 | 13 | −124 | −9 | −29 | |
| Inventories, prepaid expenses and other | −11 | 27 | −6 | −20 | −21 | |
| Customer deposits | 59 | −37 | 38 | 70 | −208 | |
| Accounts payable and accrued expenses | 3 | −39 | 94 | −97 | 118 | |
| Net cash provided by operating activities | 1,353 | 1,426 | 1,248 | −71 | −223 | |
| Capital expenditures, net of construction payables and retention | −660 | −420 | −443 | −300 | −291 | |
| Investments in unconsolidated affiliates | −329 | −563 | −54 | −40 | — | |
| Purchase of investments | −669 | 0 | −837 | 0 | 0 | |
| Proceeds from maturity of investments | 0 | 850 | 0 | 0 | — | |
| Purchase of intangible and other assets | −457,000 | −3 | −11 | −12 | −56 | |
| Proceeds from sale of assets and other | 2 | 52 | 1 | 1 | 4 | |
| Net cash used in investing activities | −1,657 | −84 | −1,343 | 1,349 | −342 | |
| Proceeds from issuance of long-term debt | 1,753 | 1,884 | 1,200 | 211 | 1,340 | |
| Repayments of long-term debt | −1,763 | −3,060 | −1,533 | −50 | −2,488 | |
| Repurchase of common stock | −380 | −402 | −212 | −187 | −14 | |
| Proceeds from exercise of stock options | 457,000 | 1 | 2 | 0 | 0 | |
| Distribution to noncontrolling interest | −26 | −17 | −23 | −28 | −19 | |
| Dividends paid | −175 | −140 | −85 | −1 | −2 | |
| Finance lease payments | −26 | −19 | −19 | −18 | −16 | |
| Payments for financing costs | −28 | −37 | −41 | −3 | −31 | |
| Other | −9 | −4 | −8 | 0 | 0 | |
| Net cash used in financing activities | −653 | −1,794 | −719 | −24 | −388 | |
| Effect of exchange rate on cash, cash equivalents and restricted cash | −4 | 4 | 282,000 | −2 | −2 | |
| Decrease in cash, cash equivalents and restricted cash | −962 | −448 | −814 | 1,252 | −955 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is WYNN RESORTS LTD's CIK number?
WYNN RESORTS LTD's SEC CIK number is 0001174922 (1174922). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find WYNN RESORTS LTD's SEC filings?
All of WYNN RESORTS LTD's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did WYNN RESORTS LTD last report earnings?
WYNN RESORTS LTD (WYNN) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001174922-26-000034). This is WYNN RESORTS LTD's most recent earnings filing of record — not a forecast of its next earnings date.
What is WYNN RESORTS LTD's most recent earnings 8-K?
WYNN RESORTS LTD's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001174922-26-000034. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View WYNN RESORTS LTD's latest earnings 8-K →
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