PENN Entertainment (PENN) Cost of Revenue (2010 - 2026)

PENN Entertainment's (PENN) quarterly Cost of Revenue came in at $807.9 million in Q1 2026, down 5.38% year-on-year from $853.8 million in Q1 2025, and up 202.59% quarter-over-quarter from -$787.5 million in Q4 2025.

PENN Entertainment (PENN) Cost of Revenue (2010 - 2026) Analysis & Trends

PENN Entertainment has disclosed Cost of Revenue across 16 years of filings, most recently posting $807.9 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $807.9 million, down 5.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (down 6.06% YoY), and the FY2025 annual result was $43.6 million, down 3.11% from the prior year.
  • Cost of Revenue came in at $807.9 million for Q1 2026 at PENN Entertainment, up from -$787.5 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $879.5 million in Q1 2024 to a low of -$2.1 billion in Q4 2023.
  • The 5-year median for Cost of Revenue is $261.4 million (2023), against an average of $215.2 million.
  • Peak annual rise in Cost of Revenue reached 280.41% in 2023, while the deepest fall reached 1105.16% in 2023.
  • PENN Entertainment's Cost of Revenue stood at $209.3 million in 2022, then slumped by 1105.16% to -$2.1 billion in 2023, then soared by 68.14% to -$670.2 million in 2024, then declined by 17.5% to -$787.5 million in 2025, then jumped by 202.59% to $807.9 million in 2026.
  • The last three Cost of Revenue figures came in at $807.9 million (Q1 2026), -$787.5 million (Q4 2025), and $852.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 89.79 Mn
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 254.85 Mn
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 156.00 Mn
5 Vail Resorts 4.85 Bn 4.81 Bn - -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 181.00 Mn
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 15.60 Mn
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 28.00 Mn
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 807.90 Mn
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn 1.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 807.90 Mn
Mar 31, 2026 807.90 Mn
Dec 31, 2025 -787.50 Mn
Dec 31, 2025 -787.50 Mn
Sep 30, 2025 852.40 Mn
Sep 30, 2025 852.40 Mn
Jun 30, 2025 282.00 Mn
Jun 30, 2025 282.00 Mn
Mar 31, 2025 853.80 Mn
Mar 31, 2025 853.80 Mn
Dec 31, 2024 -670.20 Mn
Dec 31, 2024 -670.20 Mn
Sep 30, 2024 826.10 Mn
Sep 30, 2024 826.10 Mn
Jun 30, 2024 219.60 Mn
Jun 30, 2024 219.60 Mn
Mar 31, 2024 879.50 Mn
Mar 31, 2024 879.50 Mn
Dec 31, 2023 -2.10 Bn
Dec 31, 2023 -2.10 Bn