---
schema_version: "secwatch.filing_event.v1"
accession: "0000750004-25-000046"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T20:12:47.715334+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder Q2 net income +16%; plans Nasdaq delisting, sole ASX listing; boosts buyback

## Summary
- Revenue $809M (-1% YoY), net income $95M (+16%), Consolidated AEBITDA $352M (+7%).
- Board approved sole primary listing on ASX; Nasdaq delisting expected by end of Nov 2025.
- Returned $266M to shareholders via buybacks in H1; added $500M to program, total now $1.5B.
- Premium installed base added 845 units sequentially, over 2,700 YoY; Grover integration ahead with 600+ units added.
- FY2025 guidance: Consolidated AEBITDA $1.43B-$1.47B, Adjusted NPATA $550M-$575M.

## SEC filing metadata
- accession: 0000750004-25-000046
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000075000425000046/0000750004-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000075000425000046/lnw-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750004-25-000046
- JSON: https://secwatch.observer/filing/0000750004-25-000046.json
- Plain text: https://secwatch.observer/filing/0000750004-25-000046.txt

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