Light & Wonder (LAWIL) Operating Leases (2019 - 2026)
Light & Wonder (LAWIL) posted Operating Leases of $25 million for Q2 2026, down 16.7% from $30 million a year earlier and down 10.7% from the prior quarter.
Light & Wonder (LAWIL) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Light & Wonder's Operating Leases came in at $29 million, down 6.5% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of -7.6% (FY2020 to FY2025).
- In prior years, Light & Wonder's Operating Leases was $31 million in FY2024 (-20.5%), $39 million in FY2023 (+5.4%), $37 million in FY2022 (-7.5%) and $40 million in FY2021 (-7.0%).
- The Q2 2026 figure stands as the lowest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases has declined in each of the last seven quarters, with an average decline of 7.3% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q3 2024, with growth of 10.0%; the weakest was Q3 2021, with a decline of 54.4%.
- According to Business Quant data, Operating Leases for the three prior quarters was $28 million (Q1 2026), $29 million (Q4 2025) and $32 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.66 Bn | 10.08 Bn | 1.48 Bn |
| 2 | DraftKings | 18.62 Bn | 14.28 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 14.18 Bn | 7.93 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.38 Bn | 8.98 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 9.37 Bn | 8.61 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.77 Bn | 1.32 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.42 Bn | -761.08 Mn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.92 Bn | 2.54 Bn | 1.50 Bn |
| 10 | Churchill Downs | 5.89 Bn | 5.16 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.00 Mn |
| Mar 31, 2026 | 28.00 Mn |
| Dec 31, 2025 | 29.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 30.00 Mn |
| Mar 31, 2025 | 29.00 Mn |
| Dec 31, 2024 | 31.00 Mn |
| Sep 30, 2024 | 33.00 Mn |
| Jun 30, 2024 | 31.00 Mn |
| Mar 31, 2024 | 34.00 Mn |
| Dec 31, 2023 | 39.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 31.00 Mn |
| Mar 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | 37.00 Mn |
| Sep 30, 2022 | 39.00 Mn |
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | 40.00 Mn |
| Dec 31, 2021 | 40.00 Mn |
| Sep 30, 2021 | 36.00 Mn |
Light & Wonder Operating Leases 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-leases&ticker=LAWIL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();