---
schema_version: "secwatch.filing_event.v1"
accession: "0000921738-26-000011"
form_type: "8-K"
ticker: "PENN"
cik: "0000921738"
company_name: "PENN Entertainment, Inc."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:46:40.566383+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PENN Q1 revenue up 6.4% to $1.78B, net loss $2.8M; Interactive EBITDA loss narrows

## Summary
- Q1 revenues $1.78B (+6.4% YoY); net loss of $2.8M vs net income $111.5M; diluted EPS ($0.02) vs $0.68.
- Consolidated Adj. EBITDA $265.8M (+53% YoY); Retail Adj. EBITDAR $471.4M on $1.4B revenue.
- Interactive Adj. EBITDA loss $10.8M, improved YoY; iCasino revenue +15% YoY with record quarterly revenue.
- Issued $600M 6.75% notes due 2031 to repay revolver; amended $1B revolver and $447M term loan.
- Expects Alberta iCasino/sports betting launch July 13, subject to regulatory approvals.

## SEC filing metadata
- accession: 0000921738-26-000011
- form_type: 8-K
- ticker: PENN
- cik: 0000921738
- company_name: PENN Entertainment, Inc.
- filed_at: 2026-04-23T23:59:59+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/921738/000092173826000011/0000921738-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/penn-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000921738-26-000011
- JSON: https://secwatch.observer/filing/0000921738-26-000011.json
- Plain text: https://secwatch.observer/filing/0000921738-26-000011.txt

## Key facts
- Earnings Releases
  PENN Entertainment, Inc. reported three months ended March 31, 2026 results: revenue $1,779.1, net income $(2.8), EPS $(0.02).
  - Period: three months ended March 31, 2026
  - Revenue: $1,779.1
  - Net income: $(2.8)
  - EPS: $(0.02)
  - Result: reported results
  source text: not refinanced as part of this transaction. Summary of First Quarter Results For the quarter ended March 31, (in millions, except per share data, unaudited) 2026 2025 Revenues $ 1,779.1 $ 1,672.5 Net income (loss) $ (2.8) $ 111.5 Consolidated Adjusted EBITDA (1) $ 265.8 $ 173.3 Rent expense associated with triple net operating leases (2) 163.3 155.9 Cash payments
  evidence_url: https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/0000921738-26-000011-index.htm
- Earnings Releases
  PENN Entertainment, Inc. reported quarter ended March 31, 2026 results: revenue $1,779.1, net income $(2.8), EPS $(0.02).
  - Period: quarter ended March 31, 2026
  - Revenue: $1,779.1
  - Net income: $(2.8)
  - EPS: $(0.02)
  - Result: reported results
  source text: Summary of First Quarter Results For the quarter ended March 31, (in millions, except per share data, unaudited) 2026 2025 Revenues $ 1,779.1 $ 1,672.5 Net income (loss) $ (2.8) $ 111.5
  evidence_url: https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/0000921738-26-000011-index.htm

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