Light & Wonder (LNWO) Net Margin (2009 - 2026)
Light & Wonder's Net Margin was 14.49% in Q2 2026, up 2.75 percentage points from 11.74% a year earlier and up 7.91 percentage points from the prior quarter.
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Analysis
Light & Wonder (LNWO) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Light & Wonder's Net Margin was 8.09% through Jun 30, 2026, down 2.82 percentage points year-over-year; for FY2025, it came in at 8.33%, down 2.21 percentage points from FY2024.
- Net Margin shows a five-year change of +41.82 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 10.54% in FY2024 (+4.92 pp), 5.62% in FY2023 (-140.68 pp), 146.30% in FY2022 (+129.07 pp) and 17.23% in FY2021 (+50.72 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q3 2022.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.86 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q2 2022 (a gain of 520.75 percentage points); the worst was Q2 2023 (a drop of 539.64 percentage points).
- Per Business Quant data, LNWO's Net Margin in the three quarters before Q2 2026 was 6.58% (Q1 2026), -1.69% (Q4 2025) and 13.56% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.49% |
| Mar 31, 2026 | 6.58% |
| Dec 31, 2025 | -1.69% |
| Sep 30, 2025 | 13.56% |
| Jun 30, 2025 | 11.74% |
| Mar 31, 2025 | 10.59% |
| Dec 31, 2024 | 13.55% |
| Sep 30, 2024 | 7.83% |
| Jun 30, 2024 | 10.02% |
| Mar 31, 2024 | 10.85% |
| Dec 31, 2023 | 8.69% |
| Sep 30, 2023 | 10.26% |
| Jun 30, 2023 | -0.14% |
| Mar 31, 2023 | 3.28% |
| Dec 31, 2022 | 4.40% |
| Sep 30, 2022 | 50.62% |
| Jun 30, 2022 | 539.51% |
| Mar 31, 2022 | 4.55% |
| Dec 31, 2021 | 16.38% |
| Sep 30, 2021 | 33.77% |
API Access
Light & Wonder Net 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=net-margin&ticker=LNWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=LNWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();