Full House Resorts (FLL) Gross Margin (2010 - 2026)
Full House Resorts (FLL) posted Gross Margin of 97.33% for Q1 2026, down 5.92% sequentially from 103.45% in Q4 2025, and up 2782.0% YoY from 3.38% in Q1 2025.
Full House Resorts (FLL) Gross Margin (2010 - 2026) Analysis & Trends
Full House Resorts has reported Gross Margin for 17 years, with the latest figure at 97.33% in Q1 2026.
- Quarterly Gross Margin rose 2782.0% year-over-year to 97.33% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 89.54% (down 41.0% YoY) and the FY2025 annual result came in at 98.63%, down 64.0% from the prior year.
- Gross Margin slipped to 97.33% in Q1 2026 per FLL's latest filing, from 103.45% in the prior quarter.
- Over five years, Gross Margin peaked at 107.64% in Q4 2024 and troughed at 455.33% in Q3 2023.
- A 5-year average of 56.68% and a median of 97.33% in 2026 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 53887 bps in 2023, then surged 54006 bps in 2024.
- Over 5 years, Gross Margin stood at 98.41% in 2022, then slumped by 49 bps to 50.64% in 2023, then surged by 113 bps to 107.64% in 2024, then declined by 4 bps to 103.45% in 2025, then decreased by 6 bps to 97.33% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 97.33%, 103.45%, and 70.93% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 61.15% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 74.13% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 68.09% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 97.80% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 36.75% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 82.32% |
| 10 | Full House Resorts | 71.34 Mn | 37.93 Mn | 53.71 Mn | 68.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 68.80% |
| Mar 31, 2026 | 97.33% |
| Dec 31, 2025 | 103.45% |
| Sep 30, 2025 | 70.93% |
| Jun 30, 2025 | 87.14% |
| Mar 31, 2025 | 69.51% |
| Dec 31, 2024 | 107.64% |
| Sep 30, 2024 | 84.73% |
| Jun 30, 2024 | 98.65% |
| Mar 31, 2024 | 98.87% |
| Dec 31, 2023 | 50.64% |
| Sep 30, 2023 | -455.33% |
| Jun 30, 2023 | 71.39% |
| Mar 31, 2023 | 99.04% |
| Dec 31, 2022 | 98.41% |
| Sep 30, 2022 | 83.54% |
| Jun 30, 2022 | 98.77% |
| Mar 31, 2022 | 98.88% |
| Dec 31, 2021 | 39.27% |
| Sep 30, 2021 | 86.88% |