Light & Wonder (LAWIL) Cash from Operations (2009 - 2026)
Light & Wonder (LAWIL) posted Cash from Operations of $236 million for Q3 2026, up 28.3% from $184 million a year earlier but down 2.1% from the prior quarter.
Light & Wonder (LAWIL) Cash from Operations (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cash from Operations at Light & Wonder was $935 million, up 38.1% year-over-year; for FY2025, it was $794 million, up 25.6% from FY2024.
- Annual Cash from Operations shows a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- In prior years, Light & Wonder's Cash from Operations was $632 million in FY2024 (+7.1%), $590 million in FY2023, -$425 million in FY2022 and $685 million in FY2021 (+45.4%).
- Quarterly Cash from Operations has run from a low of -$403 million in Q3 2022 to a high of $319 million in Q4 2025 over five years.
- On a year-over-year basis, Cash from Operations increased in six of the last eight quarters, with growth averaging 31.1%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q2 2024, with growth of 314.7%; the weakest was Q3 2024, with a decline of 42.2%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $241 million (Q2 2026), $139 million (Q1 2026) and $319 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | 96.82 Mn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | -103.04 Mn |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 870.00 Mn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | 25,000.00 |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | 211.00 Mn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 262.12 Mn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 532.46 Mn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | -146.27 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 236.00 Mn |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 148.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 236.00 Mn |
| Jun 30, 2026 | 241.00 Mn |
| Mar 31, 2026 | 139.00 Mn |
| Dec 31, 2025 | 319.00 Mn |
| Sep 30, 2025 | 184.00 Mn |
| Jun 30, 2025 | 106.00 Mn |
| Mar 31, 2025 | 185.00 Mn |
| Dec 31, 2024 | 202.00 Mn |
| Sep 30, 2024 | 118.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 171.00 Mn |
| Dec 31, 2023 | 167.00 Mn |
| Sep 30, 2023 | 204.00 Mn |
| Jun 30, 2023 | 34.00 Mn |
| Mar 31, 2023 | 185.00 Mn |
| Dec 31, 2022 | -79.00 Mn |
| Sep 30, 2022 | -403.00 Mn |
| Jun 30, 2022 | -37.00 Mn |
| Mar 31, 2022 | 94.00 Mn |
| Dec 31, 2021 | 226.00 Mn |
Light & Wonder Cash from Operations 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=cash-from-operations&ticker=LAWIL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "LAWIL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();