Boyd Gaming (BYD) Cost of Revenue (2011 - 2026)
Boyd Gaming's Cost of Revenue was $514.23 million in Q2 2026, up 1.4% from $506.92 million a year earlier and up 1.8% from the prior quarter.
Boyd Gaming (BYD) Cost of Revenue (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Boyd Gaming's Cost of Revenue was $2.09 billion through Jun 30, 2026, up 7.2% year-over-year; for FY2025, it came in at $2.06 billion, up 9.8% from FY2024.
- Cost of Revenue has now increased for five consecutive years, with a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $1.88 billion in FY2024 (+9.3%), $1.72 billion in FY2023 (+9.9%), $1.57 billion in FY2022 (+9.3%) and $1.43 billion in FY2021 (+38.1%).
- Quarterly Cost of Revenue has moved between $357.06 million (Q3 2021) and $554.41 million (Q4 2025) over five years.
- Compared with a year earlier, Cost of Revenue has increased for 21 straight quarters, with growth averaging 8.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Cost of Revenue ran from 1.4% in Q2 2026 to 32.5% in Q4 2021.
- Per Business Quant data, BYD's Cost of Revenue in the three quarters before Q2 2026 was $505.26 million (Q1 2026), $554.41 million (Q4 2025) and $516.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 1.67 Bn |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | 891.78 Mn |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | 2.61 Bn |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | 159.53 Mn |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 453.73 Mn |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 1.10 Bn |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 2.47 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 210.00 Mn |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 1.49 Bn |
| 10 | Boyd Gaming | 4.92 Bn | 3.55 Bn | 520.16 Mn | 514.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 514.23 Mn |
| Mar 31, 2026 | 505.26 Mn |
| Dec 31, 2025 | 554.41 Mn |
| Sep 30, 2025 | 516.18 Mn |
| Jun 30, 2025 | 506.92 Mn |
| Mar 31, 2025 | 487.28 Mn |
| Dec 31, 2024 | 493.24 Mn |
| Sep 30, 2024 | 461.89 Mn |
| Jun 30, 2024 | 460.51 Mn |
| Mar 31, 2024 | 464.74 Mn |
| Dec 31, 2023 | 449.49 Mn |
| Sep 30, 2023 | 421.02 Mn |
| Jun 30, 2023 | 409.60 Mn |
| Mar 31, 2023 | 439.82 Mn |
| Dec 31, 2022 | 413.20 Mn |
| Sep 30, 2022 | 385.30 Mn |
| Jun 30, 2022 | 389.82 Mn |
| Mar 31, 2022 | 376.89 Mn |
| Dec 31, 2021 | 385.46 Mn |
| Sep 30, 2021 | 357.06 Mn |
Boyd Gaming Cost of Revenue 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=cost-of-revenue&ticker=BYD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "BYD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BYD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();