Bally's (BALY) Cost of Revenue (2018 - 2026)
Bally's (BALY) posted quarterly Cost of Revenue of $81.6 million for Q1 2026, up 180.34% year-over-year from $29.1 million in Q1 2025, and down 89.24% quarter-over-quarter from $758.3 million in Q4 2025.
Bally's (BALY) Cost of Revenue (2018 - 2026) Analysis & Trends
Bally's (BALY) has reported Cost of Revenue for 9 consecutive years, with $81.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 180.34% year-over-year to $81.6 million; the TTM figure through Mar 2026 stood at $937.1 million (up 340.92% YoY), while the FY2025 annual figure was $884.6 million, up 367.84% from the prior year.
- Cost of Revenue eased to $81.6 million in Q1 2026 per BALY's latest filing, from $758.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $758.3 million in Q4 2025 and bottomed at -$518.1 million in Q4 2024.
- Historically, Cost of Revenue has averaged $108.7 million across 5 years, with a median of $52.3 million in 2023.
- On a YoY basis, Cost of Revenue climbed as much as 1695.5% in 2022 and fell as far as 219.01% in 2022.
- Bally's' Cost of Revenue stood at -$424.1 million in 2022, then jumped by 271.23% to $726.3 million in 2023, then sank by 171.34% to -$518.1 million in 2024, then soared by 246.35% to $758.3 million in 2025, then slumped by 89.24% to $81.6 million in 2026.
- Business Quant data shows BALY's Cost of Revenue at $81.6 million in Q1 2026, $758.3 million in Q4 2025, and $49.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 1.35 Bn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 1.35 Bn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 721.38 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 955.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | 267.63 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 29.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 859.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 90.24 Mn |
| 10 | Bally's | 616.36 Mn | 226.18 Mn | 475.93 Mn | 316.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.61 Mn |
| Mar 31, 2026 | 81.61 Mn |
| Dec 31, 2025 | 758.28 Mn |
| Dec 31, 2025 | 758.28 Mn |
| Sep 30, 2025 | 49.24 Mn |
| Sep 30, 2025 | 49.24 Mn |
| Jun 30, 2025 | 48.01 Mn |
| Jun 30, 2025 | 48.01 Mn |
| Mar 31, 2025 | 29.11 Mn |
| Mar 31, 2025 | 29.11 Mn |
| Dec 31, 2024 | -518.13 Mn |
| Dec 31, 2024 | -518.13 Mn |
| Sep 30, 2024 | 51.33 Mn |
| Sep 30, 2024 | 51.33 Mn |
| Jun 30, 2024 | 48.71 Mn |
| Jun 30, 2024 | 48.71 Mn |
| Mar 31, 2024 | 48.11 Mn |
| Mar 31, 2024 | 48.11 Mn |
| Dec 31, 2023 | 726.28 Mn |
| Dec 31, 2023 | 726.28 Mn |