secwatch.observer — SEC 8-K summary
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Issuer:     Caesars Entertainment, Inc. (CZR)
CIK:        0001590895
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001590895-26-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caesars Q4 net loss $250M, Digital EBITDA record $85M; FY net loss $502M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590895/000159089526000010/0001590895-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590895/000159089526000010/czr-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001590895-26-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer