Boyd Gaming (BYD) Operating Expenses (2010 - 2026)

Boyd Gaming (BYD) recorded quarterly Operating Expenses of $833.4 million in Q1 2026, down 6.96% quarter-over-quarter from $895.7 million in Q4 2025, and up 5.27% on a YoY basis from $791.7 million in Q1 2025.

Boyd Gaming (BYD) Operating Expenses (2010 - 2026) Analysis & Trends

Boyd Gaming's Operating Expenses history runs 17 years deep, the most recent figure standing at $833.4 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 5.27% year-over-year to $833.4 million; the TTM figure through Mar 2026 stood at $3.4 billion (up 10.88% YoY), while the FY2025 annual figure was $3.3 billion, up 11.36% from the prior year.
  • Operating Expenses was $833.4 million for Q1 2026 at Boyd Gaming, down from $895.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $895.7 million in Q4 2025 to a low of $609.7 million in Q1 2022.
  • Historically, Operating Expenses has averaged $740.6 million across 5 years, with a median of $741.1 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses rose 18.37% in 2023, then slipped 2.47% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $675.3 million in 2022, then grew by 18.37% to $799.4 million in 2023, then declined by 2.47% to $779.6 million in 2024, then grew by 14.89% to $895.7 million in 2025, then declined by 6.96% to $833.4 million in 2026.
  • The last three Operating Expenses figures came in at $833.4 million (Q1 2026), $895.7 million (Q4 2025), and $864.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 1.57 Bn
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 833.36 Mn
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -1.09 Bn
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 2.37 Bn
5 Vail Resorts 4.85 Bn 4.81 Bn - -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 1.14 Bn
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 363.64 Mn
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 1.17 Bn
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 1.68 Bn
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn 101.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 833.36 Mn
Dec 31, 2025 895.68 Mn
Sep 30, 2025 864.60 Mn
Jun 30, 2025 791.63 Mn
Mar 31, 2025 791.68 Mn
Dec 31, 2024 779.61 Mn
Sep 30, 2024 741.26 Mn
Jun 30, 2024 740.41 Mn
Mar 31, 2024 741.14 Mn
Dec 31, 2023 799.36 Mn
Sep 30, 2023 685.29 Mn
Jun 30, 2023 672.92 Mn
Mar 31, 2023 679.09 Mn
Dec 31, 2022 675.28 Mn
Sep 30, 2022 639.80 Mn
Jun 30, 2022 649.38 Mn
Mar 31, 2022 609.69 Mn
Dec 31, 2021 662.96 Mn
Sep 30, 2021 619.91 Mn
Jun 30, 2021 627.26 Mn