PENN Entertainment (PENN) Gross Margin (2010 - 2026)

PENN Entertainment has disclosed Gross Margin across 16 years of filings, most recently posting 54.59% for Q1 2026.

• Gross Margin for Q1 2026 came in at 54.59%, up 564.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 83.66% (up 216.0% YoY), and the FY2025 annual result was 99.37%, up 6.0% from the prior year.
• Gross Margin came in at 54.59% for Q1 2026 at PENN Entertainment, down from 143.6% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 250.77% in Q4 2023 to a low of 45.27% in Q1 2024.
• The 5-year median for Gross Margin is 84.02% (2025), against an average of 88.24%.
• Across the five-year window, Gross Margin soared 16397 bps in 2023 and plunged 11061 bps in 2024, its largest moves.
• PENN Entertainment's Gross Margin stood at 86.8% in 2022, then soared by 189 bps to 250.77% in 2023, then tumbled by 44 bps to 140.16% in 2024, then increased by 2 bps to 143.6% in 2025, then tumbled by 62 bps to 54.59% in 2026.
• The last three Gross Margin figures came in at 54.59% (Q1 2026), 143.6% (Q4 2025), and 50.36% (Q3 2025), per Business Quant data.