Light & Wonder (LNWO) EBITDA (2009 - 2026)
Light & Wonder's EBITDA was $340 million in Q2 2026, up 13.0% from $301 million a year earlier and up 42.9% from the prior quarter.
Light & Wonder (LNWO) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Light & Wonder's EBITDA was $1.11 billion through Jun 30, 2026, up 2.8% year-over-year; for FY2025, it was $1.09 billion, up 5.8% from FY2024.
- EBITDA has now increased for five consecutive years, with a five-year compound annual growth rate of 39.8% (FY2020 to FY2025).
- In earlier years, EBITDA was $1.03 billion in FY2024 (+14.1%), $902 million in FY2023 (+30.2%), $693 million in FY2022 (+36.4%) and $508 million in FY2021 (+149.0%).
- The Q2 2026 figure marks the highest quarterly EBITDA since Q4 2018.
- Compared with a year earlier, EBITDA was higher in six of the last eight quarters, with growth averaging 5.6%.
- The best year-over-year quarter for EBITDA over five years was Q4 2022 (growth of 77.9%); the worst was Q4 2025 (a decline of 27.9%).
- Per Business Quant data, LNWO's EBITDA in the three quarters before Q2 2026 was $238 million (Q1 2026), $191 million (Q4 2025) and $337 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 340.00 Mn |
| Mar 31, 2026 | 238.00 Mn |
| Dec 31, 2025 | 191.00 Mn |
| Sep 30, 2025 | 337.00 Mn |
| Jun 30, 2025 | 301.00 Mn |
| Mar 31, 2025 | 261.00 Mn |
| Dec 31, 2024 | 265.00 Mn |
| Sep 30, 2024 | 249.00 Mn |
| Jun 30, 2024 | 262.00 Mn |
| Mar 31, 2024 | 251.00 Mn |
| Dec 31, 2023 | 242.00 Mn |
| Sep 30, 2023 | 237.00 Mn |
| Jun 30, 2023 | 221.00 Mn |
| Mar 31, 2023 | 203.00 Mn |
| Dec 31, 2022 | 201.00 Mn |
| Sep 30, 2022 | 191.00 Mn |
| Jun 30, 2022 | 153.00 Mn |
| Mar 31, 2022 | 148.00 Mn |
| Dec 31, 2021 | 113.00 Mn |
| Sep 30, 2021 | 130.00 Mn |
Light & Wonder EBITDA 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=ebitda&ticker=LNWO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "LNWO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=LNWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();