Light & Wonder (LAWIL) Retained Earnings (2009 - 2026)
Light & Wonder (LAWIL) recorded Retained Earnings of $353 million in Q2 2026, down 70.4% from $1.19 billion a year earlier but up 0.6% from the prior quarter.
Light & Wonder (LAWIL) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Light & Wonder reported Retained Earnings of $1.29 billion, up 27.2% from FY2024.
- Annual Retained Earnings has increased for three straight years.
- Across earlier years, Retained Earnings came in at $1.02 billion in FY2024 (+49.4%), $680 million in FY2023 (+31.5%), $517 million in FY2022 and -$3.16 billion in FY2021.
- Quarterly Retained Earnings has ranged from -$3.25 billion in Q3 2021 to $1.31 billion in Q3 2025 over the past five years.
- On a year-over-year basis, Retained Earnings rose in six of the last eight quarters, with growth averaging 14.5%.
- Peak year-over-year performance for Retained Earnings in the last five years was growth of 238.4% in Q2 2023, against a decline of 70.4% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $351 million (Q1 2026), $1.29 billion (Q4 2025) and $1.31 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.88 Bn | 9.98 Bn | 1.48 Bn | 4.90 Bn |
| 2 | Flutter Entertainment | 14.26 Bn | 7.63 Bn | 1.71 Bn | 7.84 Bn |
| 3 | DraftKings | 10.31 Bn | 5.97 Bn | 551.45 Mn | -6.48 Bn |
| 4 | Madison Square Garden Sports | 9.40 Bn | 8.99 Bn | 119.21 Mn | -129.86 Mn |
| 5 | Life Time Group Holdings | 9.34 Bn | 8.57 Bn | 412.26 Mn | 142.55 Mn |
| 6 | Wynn Resorts | 7.72 Bn | 2.01 Bn | 758.95 Mn | -1.25 Bn |
| 7 | MGM Resorts International | 7.51 Bn | -1.53 Bn | 1.98 Bn | 2.31 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 353.00 Mn |
| 9 | Caesars Entertainment | 5.93 Bn | 2.38 Bn | 1.50 Bn | - |
| 10 | Churchill Downs | 5.91 Bn | 5.13 Bn | 419.00 Mn | 1.34 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 353.00 Mn |
| Mar 31, 2026 | 351.00 Mn |
| Dec 31, 2025 | 1.29 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | 1.10 Bn |
| Dec 31, 2024 | 1.02 Bn |
| Sep 30, 2024 | 908.00 Mn |
| Jun 30, 2024 | 844.00 Mn |
| Mar 31, 2024 | 762.00 Mn |
| Dec 31, 2023 | 680.00 Mn |
| Sep 30, 2023 | 613.00 Mn |
| Jun 30, 2023 | 538.00 Mn |
| Mar 31, 2023 | 539.00 Mn |
| Dec 31, 2022 | 517.00 Mn |
| Sep 30, 2022 | 487.00 Mn |
| Jun 30, 2022 | 159.00 Mn |
| Mar 31, 2022 | -3.13 Bn |
| Dec 31, 2021 | -3.16 Bn |
| Sep 30, 2021 | -3.25 Bn |
Light & Wonder Retained Earnings 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=retained-earnings&ticker=LAWIL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();