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| Date | Value |
|---|---|
| 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% |