---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-033268"
form_type: "8-K"
ticker: "BYD"
cik: "0000906553"
company_name: "BOYD GAMING CORP"
filed_at: "2026-10-22T20:06:58+00:00"
generated_at: "2026-10-22T20:08:11.722136+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Boyd Gaming Q3 revenue falls to $990.5M; adjusted EPS $1.67 vs $1.72 as Las Vegas destination softness weighs

## Summary
- Revenue $990.5M vs $1.0B in Q3 2025; net income $124.9M, or $1.71 per share, versus $1.4B and $17.81 a year earlier.
- Adjusted EPS $1.67 vs $1.72; Adjusted EBITDAR $319.6M vs $321.8M; prior-year net income included a $1.4B after-tax FanDuel sale gain and $65.1M impairment.
- Midwest & South, southern Nevada locals, Online and Managed operations grew; Las Vegas destination softness primarily hit the Orleans property.
- Returned nearly $180M to shareholders in Q3 through share repurchases and dividends; CEO Keith Smith cited robust free cash flow and a strong balance sheet.

## SEC filing metadata
- accession: 0001437749-26-033268
- form_type: 8-K
- ticker: BYD
- cik: 0000906553
- company_name: BOYD GAMING CORP
- filed_at: 2026-10-22T20:06:58+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906553/000143774926033268/0001437749-26-033268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906553/000143774926033268/bgc20260731_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-033268
- JSON: https://secwatch.observer/filing/0001437749-26-033268.json
- Plain text: https://secwatch.observer/filing/0001437749-26-033268.txt

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