Light & Wonder (LAWIL) Retained Earnings (2009 - 2026)
Light & Wonder (LAWIL) recorded Retained Earnings of $486 million in Q3 2026, down 62.8% from $1.31 billion a year earlier but up 37.7% 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 -$3.16 billion in Q4 2021 to $1.31 billion in Q3 2025 over the past five years.
- On a year-over-year basis, Retained Earnings has declined for three consecutive quarters, with growth averaging 0.6% over the last eight quarters.
- 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 $353 million (Q2 2026), $351 million (Q1 2026) and $1.29 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | -1.25 Bn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | 549.07 Mn |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 5.01 Bn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | -6.95 Bn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | 6.94 Bn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 249.05 Mn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 2.29 Bn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | -164.13 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 486.00 Mn |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 1.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 486.00 Mn |
| 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 |
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();