Bally's (BALY) Gross Margin (2018 - 2026)
Bally's (BALY) posted quarterly Gross Margin of 89.2% for Q1 2026, down 290.0% year-over-year from 46.95% in Q1 2025, and up 5631.06% quarter-over-quarter from 1.61% in Q4 2025.
Bally's (BALY) Gross Margin (2018 - 2026) Analysis & Trends
Bally's (BALY) has reported Gross Margin for 9 consecutive years, with 89.2% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 290.0% year-over-year to 89.2%; the TTM figure through Mar 2026 stood at 66.81% (down 5087.0% YoY), while the FY2025 annual figure was 63.69%, down 2860.0% from the prior year.
- Gross Margin climbed to 89.2% in Q1 2026 per BALY's latest filing, from 1.61% in the prior quarter.
- Across five years, Gross Margin topped out at 189.28% in Q4 2024 and bottomed at 18.74% in Q4 2023.
- Historically, Gross Margin has averaged 83.54% across 5 years, with a median of 91.26% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin sank 19228 bps — and 2024, when it jumped 20801 bps.
- Bally's' Gross Margin stood at 173.55% in 2022, then slumped by 111 bps to 18.74% in 2023, then jumped by 1110 bps to 189.28% in 2024, then slumped by 101 bps to 1.61% in 2025, then soared by 5631 bps to 89.2% in 2026.
- Business Quant data shows BALY's Gross Margin at 89.2% in Q1 2026, 1.61% in Q4 2025, and 92.58% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 61.15% |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 68.09% |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | 74.13% |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 97.80% |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 36.75% |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 82.32% |
| 10 | Bally's | 616.36 Mn | 226.18 Mn | 475.93 Mn | 60.07% |
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% |