earnings
confidence high
sentiment negative
materiality 0.75
Caesars Q4 net loss $250M, Digital EBITDA record $85M; FY net loss $502M
Caesars Entertainment, Inc.
2025-FY EPS reported
-$2.42
revenue$11,486,000,000
- Q4 GAAP net revenues $2.9B (+4.4% YoY); net loss $250M vs net income $11M in prior year due to $350M+ gains on asset sales in 2024.
- Same-store Adj. EBITDA $901M (+2.2% YoY); Caesars Digital Adj. EBITDA $85M record vs $20M prior year.
- Full year FY 2025 net loss $502M vs loss $278M; net revenues $11.5B (+2.4% YoY).
- Debt $11.9B, cash $887M; repurchased 14.7M shares for $420M since mid-2024.
- Management forecasts 2026 free cash flow growth from lower capex and cash interest, used for debt reduction and opportunistic buybacks.