Bally's (BALY) Gross Margin (2018 - 2026)

Bally's (BALY) reported Gross Margin of 89.2% for Q1 2026, down 290.0% year-over-year from 46.95% in Q1 2025, and up 38.73% quarter-over-quarter from 64.3% in Q4 2025.

Bally's (BALY) Gross Margin (2018 - 2026) Analysis & Trends

Bally's (BALY) has 9 years of Gross Margin data on file, last reported at 89.2% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 89.2%, down 290.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 77.38% (up 1041.0% YoY), and the FY2025 annual result was 63.69%, up 181.0% from the prior year.
  • Gross Margin rose to 89.2% in Q1 2026 per BALY's latest filing, from 64.3% in the prior quarter.
  • Over five years, Gross Margin peaked at 92.7% in Q2 2025 and troughed at 18.74% in Q4 2023.
  • A 5-year average of 68.69% and a median of 89.2% in 2026 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 7679 bps in 2022, then jumped 7965 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 16.6% in 2022, then retreated by 13 bps to 18.74% in 2023, then soared by 425 bps to 60.91% in 2024, then increased by 6 bps to 64.3% in 2025, then soared by 39 bps to 89.2% in 2026.
  • Business Quant data shows BALY's Gross Margin at 89.2% in Q1 2026, 64.3% in Q4 2025, and 63.44% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 95.16%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 74.45%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 94.56%
5 Vail Resorts 4.85 Bn 4.81 Bn - -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 85.91%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 96.92%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 97.77%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 54.59%
10 Bally's 813.95 Mn 1.81 Bn 674.12 Mn 89.20%

Historic Data

Download Data
DateValue
Mar 31, 2026 89.20%
Dec 31, 2025 64.30%
Sep 30, 2025 63.44%
Jun 30, 2025 92.70%
Mar 31, 2025 92.10%
Dec 31, 2024 60.91%
Sep 30, 2024 62.71%
Jun 30, 2024 62.01%
Mar 31, 2024 92.22%
Dec 31, 2023 -18.74%
Sep 30, 2023 90.82%
Jun 30, 2023 91.38%
Mar 31, 2023 91.26%
Dec 31, 2022 -16.60%
Sep 30, 2022 65.90%
Jun 30, 2022 91.60%
Mar 31, 2022 92.59%
Dec 31, 2021 60.19%
Sep 30, 2021 97.01%
Jun 30, 2021 76.34%