Bally's (BALY) Change in Intangibles (2018 - 2026)
Bally's (BALY) posted Change in Intangibles of $2 million for Q2 2026, down 79.8% from $9.92 million a year earlier and down 99.6% from the prior quarter.
Bally's (BALY) Change in Intangibles (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Intangibles at Bally's was $516.94 million; for FY2025, it was $35.47 million, down 20.9% from FY2024.
- Annual Change in Intangibles shows a four-year compound annual growth rate of 4.1% (FY2021 to FY2025).
- In prior years, Bally's' Change in Intangibles was $44.86 million in FY2024 (-69.2%), $145.49 million in FY2023 (+164.0%), $55.12 million in FY2022 (+82.8%) and $30.16 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Change in Intangibles since Q3 2022.
- On a year-over-year basis, Change in Intangibles increased in 1 of the last seven quarters, with an average decline of 41.6%.
- The strongest year-over-year quarter for Change in Intangibles in the past five years was Q1 2024, with growth of 90.2%; the weakest was Q4 2024, with a decline of 92.0%.
- According to Business Quant data, Change in Intangibles for the three prior quarters was $500 million (Q1 2026), $9.38 million (Q4 2025) and $5.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | - |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | 37.99 Mn |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | 135.00 Mn |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | - |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | - |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | - |
| 10 | Bally's | 687.79 Mn | 304.42 Mn | 391.85 Mn | 2.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | 500.00 Mn |
| Dec 31, 2025 | 9.38 Mn |
| Sep 30, 2025 | 5.55 Mn |
| Jun 30, 2025 | 9.92 Mn |
| Mar 31, 2025 | 10.61 Mn |
| Dec 31, 2024 | 8.73 Mn |
| Sep 30, 2024 | 11.93 Mn |
| Jun 30, 2024 | 10.63 Mn |
| Mar 31, 2024 | 13.58 Mn |
| Dec 31, 2023 | 109.58 Mn |
| Sep 30, 2023 | 21.56 Mn |
| Jun 30, 2023 | 7.20 Mn |
| Mar 31, 2023 | 7.14 Mn |
| Dec 31, 2022 | 2.09 Mn |
| Sep 30, 2022 | 1.47 Mn |
| Jun 30, 2022 | 36.60 Mn |
| Mar 31, 2022 | 14.96 Mn |
| Dec 31, 2021 | 25.75 Mn |
| Sep 30, 2021 | 4.16 Mn |
Bally's Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=BALY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "BALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=BALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();