Light & Wonder Q1 revenue $790M (+2%); net income down 37% on $50M legal reserve; AEBITDA $327M (+5%)

Light & Wonder, Inc.

2026-Q1 EPS reported $0.66 revenue$790,000,000

Revenue $790M (+2% YoY); Gaming operations revenue up 38% to $239M; machine sales down 25%.
Net income $52M ($0.66/share), down 37% YoY due to ~$50M legal reserve; Adjusted NPATA $115M ($1.45/share, +7%).
Consolidated AEBITDA $327M (+5%); all three segments posted AEBITDA growth and margin expansion.
North American premium unit base up 650 sequentially (2,550 YoY); Grover added 660 units from Indiana entry.
Operating cash flow $139M (-25% on legal settlements); Adjusted free cash flow $207M (+86%).

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.