PENN Entertainment (PENN) Cost of Revenue (2010 - 2026)
PENN Entertainment (PENN) reported Cost of Revenue of $329.4 million for Q1 2026, down 61.42% on a YoY basis from $853.8 million in Q1 2025, and up 123.3% sequentially from -$1.4 billion in Q4 2025.
PENN Entertainment (PENN) Cost of Revenue (2010 - 2026) Analysis & Trends
PENN Entertainment (PENN) has 16 years of Cost of Revenue data on file, last reported at $329.4 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 61.42% year-over-year to $329.4 million; the trailing twelve-month figure through Mar 2026 stood at $50.1 million (down 96.85% YoY), and the FY2025 full-year result was $1.2 billion, up 17.93% from the prior year.
- Cost of Revenue advanced to $329.4 million in Q1 2026, from -$1.4 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $853.8 million in Q1 2025 to a low of -$1.4 billion in Q4 2025.
- A 5-year average of $272.7 million and a median of $270.3 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 373.39% in 2022 and sank 623.01% in 2025, its largest moves.
- Tracing PENN's Cost of Revenue over 5 years: stood at $209.3 million in 2022, then slumped by 447.92% to -$728.2 million in 2023, then soared by 137.12% to $270.3 million in 2024, then slumped by 623.01% to -$1.4 billion in 2025, then surged by 123.3% to $329.4 million in 2026.
- Business Quant data shows PENN's Cost of Revenue at $329.4 million in Q1 2026, -$1.4 billion in Q4 2025, and $852.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 92.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 132.64 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 109.91 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 13.21 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 95.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 59.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 74.19 Mn |
| 10 | PENN Entertainment | 2.74 Bn | 2.03 Bn | 1.45 Bn | 329.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 329.40 Mn |
| Mar 31, 2026 | 329.40 Mn |
| Dec 31, 2025 | -1.41 Bn |
| Dec 31, 2025 | -1.41 Bn |
| 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 | 270.30 Mn |
| Dec 31, 2024 | 270.30 Mn |
| Sep 30, 2024 | 244.40 Mn |
| Sep 30, 2024 | 244.40 Mn |
| Jun 30, 2024 | 219.60 Mn |
| Jun 30, 2024 | 219.60 Mn |
| Mar 31, 2024 | 251.20 Mn |
| Mar 31, 2024 | 251.20 Mn |
| Dec 31, 2023 | -728.20 Mn |
| Dec 31, 2023 | -728.20 Mn |