Bally's (BALY) Intangibles (2018 - 2026)
Bally's (BALY) posted quarterly Intangibles of $2.9 billion for Q1 2026, up 50.13% year-over-year from $1.9 billion in Q1 2025, and down 2.55% quarter-over-quarter from $3.0 billion in Q4 2025.
Bally's (BALY) Intangibles (2018 - 2026) Analysis & Trends
Bally's (BALY) has reported Intangibles for 9 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Intangibles rose 50.13% year-over-year to $2.9 billion; the TTM figure through Mar 2026 stood at $2.9 billion (up 50.13% YoY), while the FY2025 annual figure was $3.0 billion, up 129.55% from the prior year.
- Intangibles declined to $2.9 billion in Q1 2026 per BALY's latest filing, from $3.0 billion in the prior quarter.
- Across five years, Intangibles topped out at $3.0 billion in Q4 2025 and bottomed at $1.3 billion in Q4 2024.
- Historically, Intangibles has averaged $2.1 billion across 5 years, with a median of $1.9 billion in 2025.
- Annual changes were most pronounced in 2022 — Intangibles surged 134.92% — and 2024, when it sank 30.14%.
- Bally's' Intangibles stood at $2.0 billion in 2022, then declined by 4.61% to $1.9 billion in 2023, then tumbled by 30.14% to $1.3 billion in 2024, then jumped by 129.55% to $3.0 billion in 2025, then retreated by 2.55% to $2.9 billion in 2026.
- Business Quant data shows BALY's Intangibles at $2.9 billion in Q1 2026, $3.0 billion in Q4 2025, and $1.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | - |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 1.26 Bn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 208.23 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 3.96 Bn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | 1.89 Bn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 299.51 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 681.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 1.59 Bn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 79.33 Mn |
| 10 | Bally's | 616.36 Mn | 226.18 Mn | 475.93 Mn | 2.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.92 Bn |
| Dec 31, 2025 | 3.00 Bn |
| Sep 30, 2025 | 1.88 Bn |
| Jun 30, 2025 | 1.94 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 1.76 Bn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | 1.81 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 2.01 Bn |
| Jun 30, 2023 | 1.94 Bn |
| Mar 31, 2023 | 1.97 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 2.18 Bn |
| Jun 30, 2022 | 2.31 Bn |
| Mar 31, 2022 | 2.40 Bn |
| Dec 31, 2021 | 2.48 Bn |
| Sep 30, 2021 | 996.69 Mn |
| Jun 30, 2021 | 983.42 Mn |