secwatch.observer — SEC 8-K summary
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Issuer:     Light & Wonder, Inc. (LNWO)
CIK:        0000750004
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0000750004-26-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Light & Wonder Q4 revenue +12% to $891M; net loss $15M on $128M legal charge; record FY AEBITDA $1.44B
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- Q4 revenue $891M (+12% YoY); net loss $15M ($0.19 loss per share) due to $128M Aristocrat legal settlement charge.
- Full-year net income $276M; record consolidated AEBITDA $1.44B; adjusted NPATA $567M.
- Q4 consolidated AEBITDA $405M (+29%); all three businesses delivered record quarterly AEBITDA.
- Record Q4 North American gaming machine shipments of 7,000 units; added 700+ gaming operations units sequentially (Grover +345 units).
- Returned $877M to shareholders via buybacks in 2025, including $500M in Q4; transitioned to sole ASX listing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750004/000075000426000010/0000750004-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750004/000075000426000010/lnw-20260224.htm
  HTML page:      https://secwatch.observer/filing/0000750004-26-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer