Cash Flow Statement
Growth Metrics

PENN Entertainment (PENN) Gross Margin (2017 - 2026)

PENN Entertainment's Gross Margin history spans 16 years, with the latest figure at 54.59% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 564.0% to 54.59% in Q1 2026 year-over-year; TTM through Mar 2026 was 83.66%, a 216.0% increase, with the full-year FY2025 number at 99.37%, up 6.0% from a year prior.
  • Gross Margin hit 54.59% in Q1 2026 for PENN Entertainment, down from 143.6% in the prior quarter.
  • Over the last five years, Gross Margin for PENN hit a ceiling of 250.77% in Q4 2023 and a floor of 45.27% in Q1 2024.
  • Historically, Gross Margin has averaged 88.24% across 5 years, with a median of 84.02% in 2025.
  • Biggest five-year swings in Gross Margin: surged 16397bps in 2023 and later crashed -11061bps in 2024.
  • Tracing PENN's Gross Margin over 5 years: stood at 86.8% in 2022, then skyrocketed by 189bps to 250.77% in 2023, then crashed by -44bps to 140.16% in 2024, then rose by 2bps to 143.6% in 2025, then plummeted by -62bps to 54.59% in 2026.
  • Business Quant data shows Gross Margin for PENN at 54.59% in Q1 2026, 143.6% in Q4 2025, and 50.36% in Q3 2025.