Boyd Gaming (BYD) Operating Expenses (2010 - 2026)
Boyd Gaming (BYD) posted Operating Expenses of $833.7 million for Q2 2026, little changed on a QoQ basis from $833.4 million in Q1 2026, and up 5.31% year-over-year from $791.6 million in Q2 2025.
Analysis
Boyd Gaming (BYD) Operating Expenses (2010 - 2026) Analysis & Trends
Boyd Gaming has reported Operating Expenses for 17 years, with the latest figure at $833.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 5.31% year-over-year to $833.7 million in Q2 2026; TTM through Jun 2026 was $3.4 billion, a 10.41% increase from a year earlier, with the FY2025 full-year figure at $3.3 billion, up 11.36% from the prior year.
- Operating Expenses was $833.7 million for Q2 2026 at Boyd Gaming, roughly flat from $833.4 million in the prior quarter.
- The five-year high for Operating Expenses was $895.7 million in Q4 2025, with the low at $609.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $745.8 million, with a median of $741.2 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses gained 18.37% in 2023, then dropped 2.47% in 2024.
- Over 5 years, Operating Expenses stood at $675.3 million in 2022, then increased by 18.37% to $799.4 million in 2023, then fell by 2.47% to $779.6 million in 2024, then increased by 14.89% to $895.7 million in 2025, then fell by 6.92% to $833.7 million in 2026.
- The last three Operating Expenses figures came in at $833.7 million (Q2 2026), $833.4 million (Q1 2026), and $895.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.74 Bn | 25.68 Bn | 1.81 Bn | 2.54 Bn |
| 2 | MGM Resorts International | 10.37 Bn | 8.67 Bn | 3.10 Bn | 3.97 Bn |
| 3 | Wynn Resorts | 9.47 Bn | 7.16 Bn | 1.14 Bn | 1.56 Bn |
| 4 | Churchill Downs | 6.07 Bn | 5.92 Bn | 712.00 Mn | 623.00 Mn |
| 5 | Caesars Entertainment | 6.05 Bn | 5.16 Bn | 2.04 Bn | 2.48 Bn |
| 6 | Red Rock Resorts | 6.00 Bn | 5.52 Bn | 420.02 Mn | 374.27 Mn |
| 7 | Boyd Gaming | 5.71 Bn | 5.38 Bn | 766.76 Mn | 833.69 Mn |
| 8 | PENN Entertainment | 2.29 Bn | 1.39 Bn | 1.02 Bn | 1.73 Bn |
| 9 | Monarch Casino & Resort | 2.18 Bn | 2.04 Bn | 38.62 Mn | 103.97 Mn |
| 10 | Melco Resorts & Entertainment | 2.12 Bn | 1.85 Bn | 1.05 Bn | -1.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 833.69 Mn |
| 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 |