---
schema_version: "secwatch.filing_event.v1"
accession: "0000750004-23-000005"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T19:23:05.805062+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder Q4 revenue $682M (+18% YoY); full year net loss $176M vs $24M income

## Summary
- Q4 revenue $682M (+18% YoY); full year revenue $2,512M (+17% YoY).
- Q4 net income $21M (down from $62M); full year net loss $176M (vs $24M income in 2021).
- Gaming revenue $438M in Q4 (+18% YoY) on 41% machine sales growth; SciPlay record $182M (+18%).
- iGaming revenue up 15% and AEBITDA up 27% YoY in Q4.
- Returned $413M to shareholders via share repurchases (~7.2M shares) since March 2022.

## SEC filing metadata
- accession: 0000750004-23-000005
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000075000423000005/0000750004-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000075000423000005/sgms-20230301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750004-23-000005
- JSON: https://secwatch.observer/filing/0000750004-23-000005.json
- Plain text: https://secwatch.observer/filing/0000750004-23-000005.txt

## Key facts
- Earnings Releases
  Light & Wonder, Inc. reported the three months and year ended December 31, 2022 results: revenue $682, net income 21.
  - Period: the three months and year ended December 31, 2022
  - Revenue: $682
  - Net income: 21
  - Result: reported results
  source text: operations, which include its Gaming, SciPlay and iGaming businesses. Three Months Ended December 31, Year Ended December 31, ($ in millions) 2022 2021 2022 2021 Revenue $ 682 $ 580 $ 2,512 $ 2,153 Net income (loss) 21 62 (176) 24 Combined net cash (used in) provided by operating activities (87) 226 (381) 685 Capital expenditures 58 53 216 171
  evidence_url: https://www.sec.gov/Archives/edgar/data/750004/000075000423000005/0000750004-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.