Light & Wonder (LNWO) EBITDA Margin (2009 - 2026)
Light & Wonder's EBITDA Margin came in at 41.06% for Q2 2026, up 3.86 percentage points from 37.21% a year earlier and up 10.94 percentage points from the prior quarter.
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Analysis
Light & Wonder (LNWO) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Light & Wonder reported EBITDA Margin of 33.02%, down 0.63 percentage points year-over-year; for FY2025, it came in at 32.86%, up 0.58 percentage points from FY2024.
- EBITDA Margin has increased in each of the last five years, with a five-year change of +20.85 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 32.28% in FY2024 (+1.20 pp), 31.08% in FY2023 (+3.49 pp), 27.59% in FY2022 (+3.99 pp) and 23.59% in FY2021 (+11.59 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin since Q4 2018.
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of +0.46 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2022 (a gain of 9.99 percentage points), and the weakest in Q4 2025 (a drop of 11.79 percentage points).
- Business Quant data shows LNWO's EBITDA Margin at 30.13% (Q1 2026), 21.46% (Q4 2025) and 40.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.06% |
| Mar 31, 2026 | 30.13% |
| Dec 31, 2025 | 21.46% |
| Sep 30, 2025 | 40.07% |
| Jun 30, 2025 | 37.21% |
| Mar 31, 2025 | 33.72% |
| Dec 31, 2024 | 33.25% |
| Sep 30, 2024 | 30.48% |
| Jun 30, 2024 | 32.03% |
| Mar 31, 2024 | 33.20% |
| Dec 31, 2023 | 31.39% |
| Sep 30, 2023 | 32.42% |
| Jun 30, 2023 | 30.23% |
| Mar 31, 2023 | 30.30% |
| Dec 31, 2022 | 29.47% |
| Sep 30, 2022 | 29.48% |
| Jun 30, 2022 | 25.08% |
| Mar 31, 2022 | 25.87% |
| Dec 31, 2021 | 19.48% |
| Sep 30, 2021 | 24.12% |
API Access
Light & Wonder EBITDA Margin 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-margin&ticker=LNWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=LNWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();