Light & Wonder (LAWIL) Operating Income (2009 - 2026)
Light & Wonder's Operating Income came in at $223 million for Q2 2026, up 10.4% from $202 million a year earlier and up 71.5% from the prior quarter.
Powered by 
Analysis
Light & Wonder (LAWIL) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Light & Wonder reported Operating Income of $665 million, down 4.9% year-over-year; for FY2025, it was $683 million, up 2.2% from FY2024.
- Operating Income has increased in each of the last four years.
- Going back by year, Operating Income was $668 million in FY2024 (+29.0%), $518 million in FY2023 (+89.7%), $273 million in FY2022 (+148.2%) and $110 million in FY2021.
- The five-year range for quarterly Operating Income is $4 million (Q4 2021) to $229 million (Q3 2025).
- Year-over-year, Operating Income increased in six of the last eight quarters, with growth averaging 1.8%.
- The fastest year-over-year change in Operating Income over five years came in Q1 2022 (growth of 900.0%), and the weakest in Q4 2025 (a decline of 50.6%).
- Business Quant data shows LAWIL's Operating Income at $130 million (Q1 2026), $83 million (Q4 2025) and $229 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 618.00 Mn |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -68.17 Mn |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -144.00 Mn |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | 32.15 Mn |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 149.71 Mn |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 297.59 Mn |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 503.64 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 223.00 Mn |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 513.00 Mn |
| 10 | Super Group (SGHC) | 5.70 Bn | 3.69 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 223.00 Mn |
| Mar 31, 2026 | 130.00 Mn |
| Dec 31, 2025 | 83.00 Mn |
| Sep 30, 2025 | 229.00 Mn |
| Jun 30, 2025 | 202.00 Mn |
| Mar 31, 2025 | 170.00 Mn |
| Dec 31, 2024 | 168.00 Mn |
| Sep 30, 2024 | 159.00 Mn |
| Jun 30, 2024 | 175.00 Mn |
| Mar 31, 2024 | 165.00 Mn |
| Dec 31, 2023 | 156.00 Mn |
| Sep 30, 2023 | 147.00 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Mar 31, 2023 | 102.00 Mn |
| Dec 31, 2022 | 98.00 Mn |
| Sep 30, 2022 | 89.00 Mn |
| Jun 30, 2022 | 46.00 Mn |
| Mar 31, 2022 | 40.00 Mn |
| Dec 31, 2021 | 4.00 Mn |
| Sep 30, 2021 | 34.00 Mn |
API Access
Light & Wonder Operating Income 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=operating-income&ticker=LAWIL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();