Bally's (BALY) Net Margin (2018 - 2026)
Bally's' Net Margin came in at -18.44% for Q2 2026, up 16.30 percentage points from -34.74% a year earlier and up 2.99 percentage points from the prior quarter.
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Analysis
Bally's (BALY) Net Margin (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bally's reported Net Margin of -25.83%, down 2.25 percentage points year-over-year; for FY2025, it was -26.68%, down 3.51 percentage points from FY2024.
- Net Margin carries a five-year change of -25.21 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -23.17% in FY2024 (-15.51 pp), -7.66% in FY2023 (+11.21 pp), -18.87% in FY2022 (-10.19 pp) and -8.67% in FY2021 (-7.20 pp).
- The five-year range for quarterly Net Margin is -84.54% (Q4 2022) to 29.79% (Q1 2023).
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -1.20 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2023 (a gain of 39.03 percentage points), and the weakest in Q4 2022 (a drop of 63.49 percentage points).
- Business Quant data shows BALY's Net Margin at -21.43% (Q1 2026), -47.34% (Q4 2025) and -15.51% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 10.97% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | -4.68% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | -6.33% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 10.15% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 11.70% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 7.54% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 6.57% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | -2.07% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 17.54% |
| 10 | Bally's | 685.34 Mn | 301.97 Mn | 391.85 Mn | -18.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.44% |
| Mar 31, 2026 | -21.43% |
| Dec 31, 2025 | -47.34% |
| Sep 30, 2025 | -15.51% |
| Jun 30, 2025 | -34.74% |
| Mar 31, 2025 | 9.36% |
| Dec 31, 2024 | -14.78% |
| Sep 30, 2024 | -39.34% |
| Jun 30, 2024 | -9.68% |
| Mar 31, 2024 | -28.12% |
| Dec 31, 2023 | -45.51% |
| Sep 30, 2023 | -9.77% |
| Jun 30, 2023 | -4.23% |
| Mar 31, 2023 | 29.79% |
| Dec 31, 2022 | -84.54% |
| Sep 30, 2022 | 0.10% |
| Jun 30, 2022 | 10.77% |
| Mar 31, 2022 | 0.34% |
| Dec 31, 2021 | -21.05% |
| Sep 30, 2021 | -18.31% |
API Access
Bally's Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();