Bally's (BALY) Gross Margin (2018 - 2026)
Bally's' (BALY) quarterly Gross Margin came in at 89.2% in Q1 2026, down 290.0% year-on-year from 46.95% in Q1 2025, and up 5631.06% on a QoQ basis from 1.61% 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.
- On a quarterly basis, Gross Margin fell 290.0% year-over-year to 89.2% in Q1 2026; TTM through Mar 2026 was 66.81%, a 5087.0% decrease from a year earlier, with the FY2025 full-year figure at 63.69%, down 2860.0% from the prior year.
- Gross Margin for Q1 2026 stood at 89.2%, up from 1.61% in the prior quarter.
- Over the last five years, Gross Margin for BALY reached as high as 189.28% in Q4 2024 and fell as low as 18.74% in Q4 2023.
- Historically, Gross Margin has averaged 83.54% across 5 years, with a median of 91.26% in 2023.
- Across the five-year window, Gross Margin tumbled 19228 bps in 2023 and surged 20801 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 173.55% in 2022, then slumped by 111 bps to 18.74% in 2023, then soared by 1110 bps to 189.28% in 2024, then slumped by 101 bps to 1.61% in 2025, then surged by 5631 bps to 89.2% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 89.2% in Q1 2026, 1.61% in Q4 2025, and 92.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 97.43% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 97.02% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 94.08% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 98.68% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 96.69% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 95.41% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 85.38% |
| 10 | Bally's | 820.88 Mn | 261.58 Mn | 674.12 Mn | 89.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 89.20% |
| Dec 31, 2025 | -1.61% |
| Sep 30, 2025 | 92.58% |
| Jun 30, 2025 | 92.70% |
| Mar 31, 2025 | 92.10% |
| Dec 31, 2024 | 189.28% |
| Sep 30, 2024 | 91.85% |
| Jun 30, 2024 | 92.16% |
| Mar 31, 2024 | 92.22% |
| Dec 31, 2023 | -18.74% |
| Sep 30, 2023 | 90.82% |
| Jun 30, 2023 | 63.88% |
| Mar 31, 2023 | 91.26% |
| Dec 31, 2022 | 173.55% |
| Sep 30, 2022 | 65.90% |
| Jun 30, 2022 | 63.07% |
| Mar 31, 2022 | 60.02% |
| Dec 31, 2021 | 34.92% |
| Sep 30, 2021 | 93.20% |
| Jun 30, 2021 | 93.65% |