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 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Light & Wonder, Inc. reported first quarter ended March 31, 2026 results: revenue $790 million, net income $52 million, EPS $0.66 per share.

Period: first quarter ended March 31, 2026
Revenue: $790 million
Net income: $52 million
EPS: $0.66 per share
Result: reported results

Exact text from the filing

demonstrating resilience against a backdrop of macroeconomic and geopolitical uncertainty, including tariff-related pressures. Consolidated revenue grew 2% year-over-year to $790 million, against a strong prior year period. We continue to execute against our commitment to deliver enhanced quality of earnings through recurring revenue (4) , with Gaming operations

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Light & Wonder, Inc. filing history →

Source: SEC EDGAR

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